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  • TCV

    Principal / Vice President: Growth Equity

    New York City

    Skills


    Job Description

    TCV is hiring Principal to join our Application Software team in Summer / Spring 2023. Principals are critical members of the Investment Team, drive investment ideation and quarterback deals. - A successful Principal at the fund develops actionable investment ideas, drives a comprehensive and effective execution process, and exhibits strong investment judgment. - Post-investment, Principals are actively involved in the management and monitoring of portfolio companies. - They are also responsible for training, leading, and managing Investors in their coverage sectors.

    Our team is looking for a balance of hustle, high intellectual / analytical rigor, strong EQ and team orientation, independent thinking, and a true passion for technology and growth investing. We want someone who will thrive in a lean organization, operating in a fast-moving, entrepreneurial environment.

    ROLES & RESPONSIBILITIES: - Investment Origination: Deploying capital via idea generation and discrimination, sourcing (including sector coverage), deal creation, and deal evaluation: Principals work on an investment team; building upon a strong network, mine relationships with industry experts to identify broader trends and market dynamics driving growth in various technology sectors; determine the relevant sectors that merit focus; and drive the sourcing efforts and investment strategy development within those sectors. Principals develop investment theses and exhibit sound investment judgment - Deal Execution: Principals are responsible for managing the due diligence process including all business, financial, legal and technical due diligence across minority growth equity, buyout, and public deals. Alongside General Partners, they are responsible for managing the Investors and all third-party advisors and assisting with the negotiation of deal documents as well as internal and external communications. - Portfolio Company Support: Principals, as a member of the broader investment team, monitor the progress and success of the firm’s investments, working closely with portfolio company management and, at times, sitting on company boards

    About the company

    • TCV is a Premier Growth Equity & Private Equity Firm, with $21bn AUM and an incredible track record of 350+ investments, 150+ strategic transactions & 79 IPOs into leading Software, Tech & Consumer companies & brands:
      • Representative Investments include: Airbnb, Brex, Clio, Dollar Shave Club, ExactTarget, Expedia, Facebook, GitLab, GoDaddy, Genesys, HomeAway, Merkle, Mollie, Netflix, Nubank, Peloton, Revolut, Silver Peak, Spotify, Splunk, Toast, Trulioo, Zepz, Zillow, and many others
      • Full Portfolio at: https://www.tcv.com/companies/
    • Founded in 1995, TCV has built a track record of partnering with private and public technology companies that have developed into global, category-defining players.
      • TCV is a flexible, long-term-oriented partner that strives to be the hardest working, most-value-add investor for each of its portfolio companies
    • In keeping with its pioneering crossover strategy origins, TCV has re-invested in over 80 percent of its companies at IPO, reasserting its belief in the companies’ prospects for long-term success
    • A purpose-built organization, TCV has 50 sector-specific investment professionals. TCV also has 16 Partners and Advisors available to us: a group of tenured technologists who assist across the investment process including sourcing, due diligence, and working hand-in-hand with portfolio leadership teams post-investment.
    • Over time and market cycles, TCV’s principles of thematic investing, emphasis on quality and growth, and relentless focus on partnering with market leaders has remained steadfast. The firm is laser-focused on empowering mission-driven teams to build and scale companies that delight consumers and businesses around the world.