Venture Associate
New York City, NY
Junior +1 · Full time
Posted 3 years ago
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What you'll be a part of:

DCG is a multi-billion dollar global enterprise that builds, buys, and invests in leading blockchain and digital asset companies all over the world. Founded in 2015 by CEO Barry Silbert, the company's mission is to accelerate the development of a better financial system through the development of digital assets and blockchain technology. Today, DCG sits at the epicenter of the fintech industry, backing more than 150 companies in 35 countries.

In addition to its investment portfolio, DCG is the parent company of Genesis (a global digital asset prime brokerage), Grayscale Investments (the largest digital currency asset manager), CoinDesk (the leading media and events company in the digital asset space), Foundry (a digital asset mining and staking company), and Luno (a Bitcoin and Digital Asset Exchange).

We passionately believe bitcoin and blockchain technology will drive global economic and social change. Our unique model enables us to deploy our resources to build the bitcoin and blockchain ecosystem over the long term. Join us and be part of the team that is transforming the future of finance.

About the opportunity:

We are currently seeking to hire our first Investment Associate to work within the private investing arm of DCG's newest subsidiary. The new subsidiary remains in stealth mode, but will be working with the world's leading crypto, blockchain, and DeFi entrepreneurs and investors.

As a member of the founding investing team, you will work with a group of talented individuals to contribute to the development and execution of multiple fund strategies including a liquidity vehicle, fund of funds, and direct venture capital and private equity investing. In this role you will be involved in the creation and implementation of fund due diligence processes, from gathering and mapping best practices and designing investment memos to identifying and evaluating investment opportunities as an integral part of the deal team. Your role will be central to providing managers and stakeholders with the information they need to make investment decisions.

What you'll be responsible for:

  • Work directly with a cross functional team to support:
  • Liquidity Vehicles:
  • Perform due diligence including fundamental credit analysis, financial modeling, financial and operational analysis, transaction structuring, and industry research on prospective debt investments
  • Prepare investment memos for and participate in investment committee discussions
  • Understand key credit documentation and economic/legal structure
  • Support transaction and closing processes
  • Fund of Funds and Direct Venture Investments:
  • Perform due diligence
  • Prepare investment memos for and participate in investment committee discussions
  • Industry and competitive analysis
  • Monitor portfolio investments, including performance tracking, market research, and searching for new opportunities
  • Managing analysts and interns
  • Assist in marketing efforts

What you'll bring:

  • 2+ years in investment banking, private equity, or venture capital
  • Exceptional financial modeling, analytical, conceptual, and problem-solving capabilities
  • Private debt and/or fund of funds investing experience and prior completion of a formal credit training program is preferred
  • Effective writing and communication skills, excellent attention to detail, and good judgment
  • Ability to work both independently and on a fast-paced team
  • A desire to work in a start-up team environment
  • Intellectual curiosity and interest in digital assets/distributed networks and how they will reshape global finance

What we offer:

  • Inspiring colleagues and an invigorating startup environment
  • Competitive base salary, bonus and incentive compensation
  • Company paid health insurance for employee, partner and dependents
  • Life insurance, short-term & long-term disability coverage
  • 401K plan
  • Pre-tax transit and parking program and flexible spending programs for medical and dependent care
  • Flexible time off and paid parental leave
  • Brand new water-front office opening later this year with world-class perks and amenities

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Crunch
AI Powered Co Pilot for Business & Product Analytics
Size:  11-50 employees
Funding Level:  Early-stage Startup
Total Amount Raised:  $5.0 M
Year Founded:  2023
Investors
Nexus Venture Partners
Balaji Srinivasan
Kunal Shah
Titan Capital
Better Capital
Sandeep Nailwal
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