Careers

View our current open positions and learn more about our organization below.

Senior Vice President

Invest in New York City’s future: join a small, hands-on team putting private capital to work behind the entrepreneurs, technologists, and public-sector partners building a more inclusive city.

The Partnership Fund for New York City is an impact fund dedicated to mobilizing private-sector resources and expertise to strengthen New York City as a global center of economic opportunity, upward mobility and innovation. The Fund invests in for-profit and nonprofit entrepreneurs and innovators who help build a more vibrant and inclusive New York City economy.

Summary of Position

The Senior Vice President is a senior member of the Fund’s investment team, leading investments from sourcing through investment and helping to shape the Fund’s investment strategy. The role offers the opportunity to deploy patient, flexible capital, including venture investments and debt on market and concessionary terms, to support New York City-based for-profit and nonprofit enterprises. The Senior Vice President works closely with the Fund’s leadership and staff, leads investment evaluation, and represents the Fund with entrepreneurs, co-investors and public-sector partners. Few roles offer the same combination of transaction leadership and the chance to see the measurable impact of one’s work across the city’s neighborhoods and economy.

The Partnership Fund was founded in 1996 by Henry Kravis as the investment arm of the Partnership for New York City. The Fund is a $130 million “evergreen” fund: realized gains are continuously reinvested, and the Fund has invested more than $200 million in over 190 companies since inception.

In addition to its investment activity, the Partnership Fund also operates innovation labs with public-sector partners, including the Transit Tech Lab, the Environmental Tech Lab and the Buildings Tech Lab, as well as the FinTech Innovation Lab in partnership with Accenture.

Start Date: Immediate

Interested candidates should apply using the button below.

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Overall Objectives

Advance the Partnership Fund’s “double bottom line” mission: producing solid financial returns while advancing economic opportunity, upward mobility and innovation for all New Yorkers.
Help shape the Fund’s investment strategy and develop new ideas for investments, economic development programs and sector growth initiatives.
Build, maintain and leverage the Partnership Fund’s network of investors, Board members, volunteers, Partnership member companies, public-sector partners and entrepreneurs, and create engagement opportunities through investments, programs, special initiatives and portfolio companies.

Responsibilities

Investment Sourcing and Review

Lead origination of investment opportunities and coordinate review of incoming proposals.
Evaluate business plans, assessing both financial potential and expected impact on New York City.
Cultivate Partnership Fund relationships with venture capital firms, impact investors, co-investors, lenders and sector leaders to increase deal flow and gain access to the best investments.
Lead due diligence and the related investment process. Structure investments based on the company’s needs and the role of other investors. Negotiate deal terms and documentation. Prepare investment memoranda for approval by the Partnership Fund Board.
Identify, engage and manage investment project teams, strategically involving volunteers throughout due diligence and deal structuring.
Oversee Associate work product, including reviewing financial models, analysis and investment memoranda.

Portfolio Management

Facilitate the growth and success of portfolio companies.
Monitor both financial and impact performance of portfolio companies, in coordination with the Portfolio Management team, and keep the Fund’s leadership informed.

Advance the Mission of the Fund

Work with Fund leadership to develop and launch new sector-building initiatives in collaboration with key private and public stakeholders.
Expand the Partnership Fund’s network to increase deal flow for direct investments; represent the Fund at conferences, speaking engagements and events.
Engage the Fund’s volunteers in potential investments and strategic discussions, and expand the network of experts who volunteer their time to the Fund.
Contribute to building the organization.

Qualifications

Minimum 10 years of work experience in venture capital, private equity, impact investing, investment banking or related finance roles, including a track record of leading transactions from sourcing through investment.
Excellent quantitative, analytical, financial modeling and negotiation skills, including experience structuring both equity and debt investments.
Excellent written and verbal communication and organizational skills; able to present persuasively to boards, investors and senior executives.
Strong commitment to social impact and entrepreneurship and to the Fund’s double bottom line mission. Skillful at building relationships with senior executives. Able to manage relationships with the Fund’s network, entrepreneurs, public-sector partners and Partnership staff.
Interest and/or experience using AI tools in making and monitoring investments.
Knowledge of New York City’s innovation ecosystem, public sector and community development landscape a plus.
Able to effectively collaborate internally and externally. Able to work as part of a team. Able to anticipate problems and find creative solutions.
Business knowledge: Able to understand business issues and incorporate appropriately.
Able to work in a small staff environment. Willing to perform, and where needed assume responsibility for, organizational tasks.
Able to take initiative and work independently.
Strong leadership skills, including experience managing and mentoring junior investment professionals.

Salary and Benefits

We offer an excellent benefits package including medical, dental, 401(k), commuter benefits and paid time off. The annual salary for this position is $230,000. This is a full-time position on-site 4 days/week (dependent on in-office work requirements) at our office at One Battery Park Plaza in Lower Manhattan.

The Partnership for New York City is deeply committed to providing equal employment opportunities to all individuals without regard to age, race, creed, color, national origin, sexual orientation, gender identity, gender expression, transgender or intersex status, military status, sex, disability, predisposing genetic characteristics, marital status, familial status, caregiver status, domestic violence victim status and intern status or any other characteristic or status protected by applicable law.

Investment Associate

Invest in New York City’s future: join a small, hands-on team putting private capital to work behind the entrepreneurs, technologists, and public-sector partners building a more inclusive city.

The Partnership Fund for New York City is an impact fund that is dedicated to mobilizing private sector resources and expertise to advance New York City’s standing as a global center of economic opportunity, upward mobility, and innovation. The Fund invests in entrepreneurs and innovators in the for-profit and nonprofit sectors who contribute to building a more vibrant and inclusive New York City economy. A key focus of the Fund is the application of new technology that serves the public interest.

Summary of Position The Partnership Fund offers Associates unique exposure to public sector innovation, mission focused venture investments and public-private community development. Associates are integrally involved in every aspect of the Fund’s work, from investment review and portfolio monitoring to researching new initiatives of the Fund and expanding the Fund’s network. Through their work at the Fund, Associates are exposed to a wide range of mission aligned companies, projects and initiatives.

The Partnership Fund was founded in 1996 by Henry Kravis as the investment arm of the Partnership for New York City. The Fund has invested over $200 million since inception. As an “evergreen” fund, realized gains are continuously reinvested.

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Responsibilities

Investment Review

Evaluate business plans and provide feedback to senior management
Assist senior management and a team of industry experts in conducting due diligence and analyzing investments.
Build and sensitize detailed financial models
Prepare investment memoranda for approval from the Partnership Fund board
Draft and execute deal documents with senior management and pro bono legal assistance

Portfolio Management

Monitor financial and qualitative performance of portfolio companies and keep Partnership Fund senior management informed
Update financial models and reports of portfolio companies

Advance Fund Mission

Contribute to building the organization
Conduct outreach to build the Fund’s network and to source potential companies for direct investments and the Fund’s innovation labs.
Represent the Fund at conferences and events
Conduct research in support of the Fund’s initiatives and innovation labs
Perform organizational tasks to ensure success of the Fund

Qualifications

At least two years’ work experience involving in-depth financial modeling and corporate valuation (most commonly investment banking, but can be other roles with demonstrated financial experience)
Excellent financial modeling, analytical skills, and ability to understand business issues
Exemplary written communication skills and interpersonal and verbal skills
Interest and/or experience using AI tools related to making and monitoring investments
Strong commitment to social impact and entrepreneurship and to the Fund’s double bottom line mission

Salary and Benefits

We offer an excellent benefits package including medical, dental, 401(k), commuter benefits and paid time off. The annual salary for this position is $95,000. This is a 2–3-year position on-site 4 days/week (dependent on in-office work requirements).