Summer internSHIP

First Close Partners is a NYC-based, early-stage fund of funds that invests in venture capital and growth equity funds run by underrepresented managers (URMs). We strive to make venture capital more inclusive, as we also generate an investment return. We are looking for an eager and enthusiastic intern to join our team remotely for Summer 2021.
 
We invest in a wide variety of funds, but have a particular interest in backing emerging, subscale funds (under $50M AUM) across the globe with a particular focus on the United States, Africa, Europe and LATAM. We are sector-agnostic. Our investment portfolio of more than 40 funds currently includes such firms as 645 Ventures, Acrew Capital, Ada Ventures, Base10 Ventures, Cake Ventures, Chingona Ventures, Cleo Capital, Collab Capital, Footwork Fund, Good Company VC, Ingressive Capital, MaC Venture Capital, Mendoza Ventures, Noemis Ventures, Precursor Ventures, RareBreed VC, Reign Ventures, Roble Ventures, Slauson & Co., Stillmark, Ulu Ventures and Zane.
 
Day-to-day responsibilities will include working with the co-founding partners of First Close and others in the firm on processes around:

  • our deal flow, including researching and analyzing investment opportunities;

  • performing due diligence on prospective portfolio funds;

  • Writing investment memos;

  • tracking our existing portfolio funds;

  • assisting with back-end fund operations;

  • analyzing datasets in excel;

  • following and summarizing venture industry trends;

  • writing profiles about our fund managers and their funds and/or assisting with case studies; 

  • preparing and designing slide decks; 

  • supporting specific ecosystem-building activities for the portfolio.

 
Qualifications:

  • College Junior/ Senior or Pre-MBA or current MBA or graduate student 

  • Experience working as an intern or full-time professional in investment banking, management consulting or equity research is a big plus but not required 

  • At least 3 months of demonstrated startup or entrepreneurial experience which can be professional, volunteer or student experience 

  • Strong quantitative and analytic skills 

  • Proficiency in Excel 

  • Diligent, thorough, and attentive to detail

  • Comfortable with ambiguity 

  • Team player 

  • Self-starter with a strong entrepreneurial drive and work ethic

  • Must be comfortable in a fast-paced startup environment since FCP is a brand new fund of funds 

  • Demonstrated commitment to diversity, equity and inclusion 

  • An inquisitive personality, able to gather and synthesize information and draw meaningful conclusions

  • Commitment to changing the venture ecosystem to make it more welcoming to people from all backgrounds

Extra bonus: strength in one or more of the following: strong financial modeling skills, writing skills, and/or graphic design/social media acumen.

We strongly encourage you to apply if you are passionate about the opportunity yet do not meet every qualification listed. Please submit a resume, cover letter, and a writing sample of your choice to info@firstclosepartners.com before May 1, 2021. In your cover letter please share the following: 1) why you are interested in the venture industry 2) why you are drawn to First Close Partners and 3) your experience working with underrepresented communities in a volunteer, professional and/or student capacity. 

Salary: $15.00 per hour
Term: June through July 2021 (8 weeks)
 
First Close Partners embraces diversity and equal opportunity. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills.