Sheffield or London (with flexibility to work from home) Contract:
Full time 37.5 hours per week/flexible days and/or hours (Mon-Fri) Salary:
- 30 days annual leave plus bank holidays, opportunity to buy and sell holiday
- 15% employer pension contribution, performance related bonus
- Flexible working, cycle to work scheme, healthcare cash plan and life assurance
- Paid voluntary day, maternity, adoption, and shared parental leave
- Benefits designed to suit your lifestyle - from discounts on retail and socialising, to health and wellbeing, travel, and technology...and plenty more
British Patient Capital (BPC) is the largest domestic investor in UK venture and venture growth capital funds with £2.5bn under management. BPC's long-term vision is for more home-grown and fully funded high growth companies to fulfil their potential on the global stage. Recently, BPC has launched its direct co-investment programme where it plans to invest £250m directly into companies by co-investing alongside its fund managers into the UK's most promising scaleups. It will also manage Future Fund: Breakthrough, a new £375m programme that will invest in late-stage R&D intensive companies. The programme was announced in the Chancellor's Budget of 2021 and launched this Summer. BPC is now looking to hire a Director to manage the life sciences direct and co-investments team.
Reporting to the Managing Director, Direct and Co-Investments, you will manage a team responsible for executing life sciences deals and assist them with any issues arising on transactions. The successful candidate will have a good commercial understanding around the operations and finances of venture backed companies to provide day-to-day transaction leadership on the following activities:
- Financial and investment analysis
- Due diligence
- Negotiation of legal agreements
- Financial modelling
- Portfolio monitoring and reporting
It is essential that you have a demonstrable track record in executing venture capital investments in life sciences, ideally at later stage. You will have experience of co-investing alongside other funds and be comfortable managing a small and agile team. It would be an advantage if you have experience working in a start-up or experience of fund of funds.
As a Director with British Patient Capital, it is expected that you will role model candour and integrity, support the wellbeing of colleagues, encourage diversity of thought, and strive for continuous improvement. You will be collaborative, celebrate differences and inspire a culture of inclusion. You will have excellent communication skills and you will be confident in building and maintaining key stakeholder relationships.
BPC are committed to creating a diverse and inclusive work environment where individuals can develop and express themselves as part of highly collaborative teams. As investors in innovation, we value diverse perspectives, skills, knowledge and backgrounds and actively look for these qualities in candidates.
View the full job description. ABOUT US
The British Business Bank is a unique and exciting institution. Its mission is to drive sustainable growth and prosperity across the UK, and to enable the transition to a net zero economy, by supporting access to finance for smaller businesses.
Established in 2014, it is a 100% government-owned economic development bank but independently managed.
To deliver its programmes, the Bank works through more than 200 delivery partners such as high street, digital, specialist and challenger banks, venture capital and private debt funds and fintech platforms.
Currently, we employ around 460 people, split between offices in Sheffield and London.
Please note all candidates applying for this role should have the right to work in the U.K.