Investment Associate (Brooklyn or Denver)
Maycomb Capital is a pioneering impact investing platform. We provide financing to fund strategies and enterprises that transform communities. At Maycomb, we drive capital toward effective solutions for underserved communities, using data and rigorous analysis to guide our decisions. We identify scalable and sustainable paths to positive change, tackling entrenched social and economic challenges. By harnessing the scale, expertise, and risk tolerance of the private sector in service of the public good, we’re demonstrating what’s possible with mission-focused, flexible capital.
Maycomb’s investors include some of the nation’s leading, mission-aligned family offices, corporations, and foundations. We are home to a variety of impact debt vehicles, including our flagship debt fund, the Community Outcomes Fund, our place-based debt fund, the Outcomes Finance Accelerator Fund, and our custom strategies.
The Community Outcomes Fund & Outcomes Finance Accelerator Fund
At the core of our work is a commitment to expanding access to economic opportunity for low-income families and individuals. Despite significant public spending, large swaths of individuals and families find themselves in a cycle of poverty and lack access to quality education, jobs, or other opportunities to thrive. Policy decisions are often disconnected from the evidence of what works and too often, government dollars are not aligned with the intended outcomes. By building public-private partnerships that align government spending with outcomes in communities, we bring accountability and transparency to services. In practice, this means early education that prepares children for kindergarten, help for infants and families to achieve better health outcomes, and training that leads to well-paying, in-demand careers.
The Investment Associate will support both the Community Outcomes Fund and the Outcomes Finance Accelerator Fund, a place-based fund investing in Colorado and Utah.
Job Description
The Investment Associate will be primarily responsible for supporting all aspects of project development and investment processes.
Responsibilities include:
Business Development
▪ Engage potential partners in project development and advance projects including the development of service delivery and outcome projections, implementation and staffing plans, project cost analysis, and feasibility, among others.
▪ Serve as a local ambassador of Maycomb, nurturing relationships with the service provider, community leader, and public sector networks in Colorado and Utah, in collaboration with the Managing Director and Senior Advisor for Mountain West
▪ Stay current on relevant local policies and politics, including potential partners and public funding opportunities.
Investment Review and Analysis
▪ Analyze quantitative and qualitative information on historical performance, evaluations and other research on impact, financials of service providers, and project implementation and approach.
▪ Assess qualitative information about human service providers including service delivery operations, management functions, business model, and capacity to scale.
▪ Conduct financial analysis including building financial models to understand project cash flows and conduct sensitivity analysis.
▪ Prepare investment memoranda, synthesizing the business and impact case and the potential risks and mitigants of a project.
▪ Strategize and support the negotiation of loan terms and development of legal documents.
Asset Management
▪ Lead the monitoring of impact and financial performance of investments, coordinate investment reporting, participate in site visits, and support other aspects of asset management.
Qualifications
The ideal candidate will possess many of the following:
▪ Familiarity with, or experience in, finance or investments, with a preference for direct lending experience to social enterprises and/or nonprofit organizations
▪ Familiarity with, or experience in, the public sector or public funding
▪ 3-5 years of professional experience in relevant roles
▪ Skilled in Excel and financial or other analytic modeling
▪ Strong project management skills, including the ability to manage multiple priorities and senior colleagues simultaneously
▪ PowerPoint slide creation and communications skills, including professional writing
▪ Commitment to improving health, education, and economic mobility for children and families in the US
▪ Lived experience in proximate communities to inform the work
▪ Drive and flexibility to thrive in an evolving start-up environment and entrepreneurial spirit to source new projects
The Investment Associate will be based in Denver, CO or Brooklyn, NY, with flexibility to travel to each place frequently.
Salary and Benefits
▪ The base salary for the Investment Associate is expected to be between $80,000-$102,000. Salary will be commensurate with experience. The Associate will be eligible for an annual bonus.
▪ Competitive benefits, including high-quality health care, access to retirement, health, and commuter savings accounts, paid vacation, paid sick leave, etc.
To Apply
Please send a cover letter and resume to hr@maycombcapital.com with the subject line “Investment Associate– [Your Name]”.
Our firm actively seeks out candidates who bring with them a commitment to racial equity and a diverse set of lived experiences.