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About Keyframe
Keyframe is a NYC based investment firm. Much of our focus to date has been on the disruptive impacts across markets of energy transition, and several related physical infrastructure categories.
We launched in 2019, and currently manage a portfolio of 30+ positions with ~$1.3b AUM, as we invest out of our second fund. We plan to begin investing our third fund shortly after you join. We target $25-75m investments; opportunities too small for institutional PE, credit, and infrastructure, and too large or complex for venture capital.
In your role as Investment Associate, you will play a key role in driving value in Funds I and II, and lead investment processes in Fund III.
You will hone your skills across investment diligence, financial modeling, corporate and capital structuring, negotiation, legal documentation, and portfolio operations. Keyframe has no functional work siloes, so your exposure to every step of the process will be high.
To be considered for this job, you must fill out this form: https://airtable.com/appzdfLdfNdv6tK2K/shrL66fe36jDW5GiQ
You can read more about our investment philosophy here: https://www.ctvc.co/unlocking-alternative-climate-asset-classes-with-keyframe-capital/
And find a sampling of market views, press releases, and portfolio company coverage: https://www.keyframecapital.com/media
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Job Responsibilities
Core Responsibility I: New Investments
- Structure investments that both create value for a target company and create an attractive risk/return skew
- Create and execute diligence plans focused on product, finance, sales, operations, competition, legal, and more
- Prepare investment documentation & present often to the Keyframe investment committee
- Actively participate in all Keyframe investment committee discussions. On a small team, your voice matters
Core Responsibility II: Existing Investments
- Own portfolio strategy & analysis for 5-7 companies in the Keyframe portfolio who have identified near term value creation events or are approaching high leverage business plan milestones
- Attend company board meetings, other company events, and industry conferences as a thought partner to each company’s CEO and CFO on strategy, hiring, finance, business development, and capital markets
- Maintain the investment’s valuation model
- Strategize with the rest of the Keyframe team to make recommendations on how to maximize investment value
Other Responsibilities
- Conduct industry and investment thesis research, including quantitative market analysis, market mapping, and deep industry networking
- Support Keyframe’s development as a firm, including recruiting, developing and managing internal processes
- Rep Keyframe swag (we competitively rotate ordering responsibilities quarterly)
- Have a blast at Keyframe industry events
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Qualifications
- 4+ years in project finance, infrastructure private equity, private equity, consulting, or investment banking
- Direct experience investing in situations with complex capital structures, working on deal documentation, and working independently with portfolio company management teams; having a related corporate experience is a bonus
- This role is based in NYC; there is no flexibility for remote work – we come to our midtown Manhattan office every day
- Expert knowledge of Excel and financial modeling skills
- Ability to conduct research and cope with incomplete information
- Excellent ability to quickly synthesize both quantitative and qualitative information
- Confidence and competence in your ability to craft and deliver written and verbal communications, with a strong ability to use charts and analysis to illustrate a point.
- You don’t need someone to inspect your work. And when you’re inspecting someone else’s, no matter their seniority, you point out errors or inconsistencies.
- You are clear about fact versus interpretation and would never pretend to know anything that you don’t. You’re comfortable identifying gaps in your knowledge and asking for help.
- You want work to be fun, and dynamic. Because you’re fun and dynamic. You care about culture. You want to work in a place that enables you to get the most out of your enterprising nature and have a blast while you’re doing it.
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Additional Information
- Competitive salary and target bonus. Opportunities to outperform target bonus will exist.
- Comprehensive benefits: fully employer paid for healthcare (medical, dental, vision), Health FSA, Dependent Care FSA, commuter benefits, in-office gym and laundry, in office lunch and dinner, $500 charitable donation match
- Holiday parties, non-holiday parties, spontaneous fun, a quarterly firm swag refresh, and an invitation to the firm’s annual trip
- Maximum allowable contribution to employee retirement savings ($22,500 in 2023), no employee contribution required
- Annual professional development budget of $5,000
- Annual technology stipend of $1,500
- Expectation of travel up to 10% of the time to various investor and industry conferences, and occasional visits to Keyframe target or portfolio companies
- Flexible PTO policy
For more information, feel free to reach out to ben@keyframecapital.com
To be considered for this job, you must fill out this form: https://airtable.com/appzdfLdfNdv6tK2K/shrL66fe36jDW5GiQ
