Vice President, Credit/Special Situations Investing

Position: Vice President, Credit/Special Situations Investing

Location: San Francisco Bay Area is highly preferred

Fund Profile

Kilonova Capital (KC) is a San Francisco-based investment firm that buys, builds, and invests in private technology companies. KC provides structured, disciplined capital and invests across both the life cycle and capital structure of a company. KC has a particular focus on non-conforming investment opportunities, including recapitalizations, divestitures, platform buildouts, and other special situations. KC structures its investments to align the interests of shareholders and management and provides value-added capital and resources to operate and scale companies efficiently and effectively.

Kilonova Capital’s General Partners are comprised of entrepreneurs and institutional investors who have started many technology companies and have completed over $200 billion in technology transactions. They have built platforms at institutions such as Goldman Sachs, Merrill Lynch, AllianceBernstein, Deutsche Bank, William Blair, Energy Impact Partners, and Mobility Impact Partners.

KC invests across core deep technology sectors such as semiconductors, advanced computing, communications, artificial intelligence, energy technology, mobility technology, and frontier technology, deploying $25-150mm checks over the life of a single investment.

Position Scope

The Vice President will be a part of the investment team at KC. In this role, the Vice President will be primarily responsible for evaluating, underwriting, and executing investments.

Post investment, this individual will support portfolio monitoring of KC’s investments, including potentially representing KC on the board. The Vice President will also be intimately involved in crafting the capital stack for transactions, and in the future, supporting additional capital formation for the firm. In general, we view a Vice President as someone fully capable of performing a Principal role end-to-end.

We expect this new Vice President to work with the Principals and Partners to build a world-class organization that generates industry-leading returns. As such, we expect that the Vice President will be on a clear promotion track to Principal.

Your Responsibilities

● Execute the fund's strategy by evaluating, underwriting, and executing differentiated investments.
● Develop significant financial analysis around various business cases, capital solutions, and resulting returns analysis.
● Frame investments as a function of risk versus return and present this view to our investment committee.
● Perform full-scale due diligence in service of underwriting investments.
● Develop detailed and executable market segment theses.
● Build and cultivate diverse, long-lasting relationships.
● Attend investor conferences, trade shows, and other events to stay ahead of the market and ensure continued deal flow.
● Develop and maintain an in-depth knowledge of competing and complementary companies within the portfolio.
● Assist with KC fundraising efforts including, developing case studies and presenting theses that have been developed.
● Assist in capital formation for transactions (e.g. sourcing leverage on a company KC acquires) and future additional capital formation at the firm level.
● Generally, as a key member of the team, do all the individual can to grow an emerging platform in the hybrid capital investing ecosystem.

Your Qualifications

● 2+ years of investment experience with a proven track record in relevant transactions. At least six years of total experience in a relevant field (e.g. investment banking, management consulting, private equity, VC, etc.).
● Prior experience as an Associate, Senior Associate, or Vice President in investment management across private equity, private credit, or structured finance.
● Extremely elevated detail orientation.
● Combined experience with more established corporate cultures and smaller, more nimble, entrepreneurial environments as well.
● The ideal candidate would possess experience/working knowledge of structured products, specifically in utilizing forms of insurance as a part of the investment structure and/or having worked within a FIG-specific team.
● Exposure to complex deal structuring and underwriting processes at multiple levels of the capital structure.
● An ability to quickly assess a company's situation and determine its viability and the likelihood that KC can get a deal done.
● The ability to gather, learn, synthesize, and effectively present or communicate (verbal/written) complex information.
● Significant entrepreneurial drive/determination, as well as a high IQ and EQ.
● Display a systematic approach to managing multiple, simultaneous investment underwrites and platform-building projects concurrently while maintaining a can-do attitude.
● Contrarian thinker who challenges the status quo.
● Commitment to being a hardworking, positive, and fun team player who is above nothing but has the presence and confidence to lead deals to completion.
● Elevated level of ethical standards and integrity.
● Motivated to fit well in a dynamic and collaborative culture.
● Extensive contacts in the entrepreneurial and venture capital communities.
● Undergraduate degree required; advanced degree preferred.

*We value diversity in an individual's background and experience at Kilonova Capital and believe it is critical to our success. The Partners of Kilonova Capital are self-aware and self-reflective investment professionals and operating executives and feel that we will only be as good as the team around us. To this end, we will prioritize those individuals with different experiences, backgrounds, and skillsets above all others. We hire candidates of any race, color, ancestry, religion, sex, national origin, sexual orientation, gender identity, age, marital or family status, disability, Veteran status, and other status. *

Kilonova Capital is an equal opportunity employer and values diversity. All employment is
decided on the basis of qualifications, merit, and business need.

Please contact [email protected] for more information.