VP, Investments

Role Overview

• Chair the Hiive Advisors Inc. (HAI) Investment Committee, holding ultimate responsibility for all investment decision-making and responsibilities of the Advisor.
• Determine and implement the investment strategy for any Hiive Fund, including establishing, maintaining, and monitoring investment strategies, policies, and guidelines.
• Assess, structure, and approve all Hiive-managed fund formations.
• Conduct comprehensive due diligence of the seller, the company, and the underlying fund for dual-layer funds.
• Ensure fund obligations are adequately and accurately papered, including raising and decisioning legal and commercial points in purchase and fund governance agreements.
• Establish, maintain, and monitor pricing and valuation strategies, policies, and guidelines, and review the current value of each holding of any Hiive Fund pursuant to the HAI Pricing policy.
• Make investment decisions during distributions (e.g., cash/kind, liquidation date, elections) and determine the form and timing of any distribution upon a liquidation event.
• Direct investor communications for events such as corporate actions, price changes, and transaction term changes.
• Oversee new fund product design.
• Oversee multi-asset fund approvals, including execution considerations, price, marketability, and sales pipeline for other funds and directs.
• Participate in pitches of investment solutions to institutional customers.
• Mark-to-market warehoused investments to be placed into Hiive-managed funds for marketing.
• Direct Hiive’s fund administrator to take action with regard to Hiive-managed funds.
• Act as the funds domain expert at Hiive for internal and external stakeholders.

Requirements

• Proven ability to determine, implement, and monitor complex investment strategies, policies, and guidelines for funds.
• Demonstrated knowledge in establishing, maintaining, and reviewing pricing and valuation strategies and policies for fund holdings.
• Strong understanding of fund obligations, purchase agreements, and fund governance to ensure accurate documentation and decision-making of legal/commercial points.
• Experience in chairing a high-stakes Investment Committee and holding ultimate responsibility for all investment decision-making.
• Comprehensive experience in assessing, structuring, and approving private fund investments, including conducting thorough due diligence on sellers, companies, and underlying funds.
• Practical experience with making decisions on distributions, liquidation events, and directing fund administration activities.
• Capability to direct critical investor communications regarding corporate actions, price changes, and transaction terms.
• Experience as an advisor or intermediary in private markets, including venture capital, private equity, or late-stage growth investments.
• Experience in businesses managing fund flows and building market network effects.

Benefits

• Opportunity to participate in ownership of a rapidly growing early-stage startup through our employee stock option plan.
• Comprehensive 100% employer-paid health and dental premiums, and a health and personal spending account.
• A dedicated desk in our Vancouver, BC HQ, in the heart of downtown, with a fridge stocked with healthy snacks and drinks, an onsite gym, and a gorgeous rooftop amenity.
• Enjoy a $20-per-day commuter benefit for every day you work in our Vancouver HQ.
• An engaging social calendar, including bi-weekly catered lunches, bi-weekly “Friday bar,” team workouts, annual summer party, and holiday party, two “onsite” all-team retreats each year, semi-annual team-building events, and Hiive Womens’ Network events.
• Significant opportunities for growth into team leadership and management roles.
• Entrepreneurial culture and a small and dynamic team.
• Sponsorship, immigration, and relocation for exceptional candidates.