Director, Private Equity Investments – Semiconductor & Technology Hardware
Fidelity Investments · San Francisco, United States +1 · 2mo ago
Job Description:
Note: Fidelity will not provide immigration sponsorship for this position.
The Role
You will work closely with the Global Head of Private Equity Investments as well as Fidelity’s Portfolio Managers and Research Analysts in recommending and implementing mid-to-late-stage Venture Growth investments within the semiconductor and technology hardware sectors on behalf of Fidelity funds and the dedicated Venture Growth strategies and products. You will collaborate closely with Founders/CEOs/CFOs/Board Members, with other venture capital investors, and with other thought leaders in your network to source investment ideas. You will lead the diligence and investment recommendations for private companies within the semiconductor and technology hardware sectors. We are looking for someone to join our team in either Boston, MA or San Francisco, CA.
The Value You Deliver
Build relationships with Entrepreneurs/Founders/CEOs, other Venture Capital investors and with other counterparts to ensure continued pipeline of opportunities for the Fidelity Funds and Fidelity Venture Growth strategies
Perform deep due diligence and recommendations of investment opportunities, including financial modeling and valuation analysis
Develop deep partnerships with Fidelity’s investment teams, including building trust with Fidelity Portfolio Managers who invest in private companies and collaboration with public side Research Analysts in evaluating private investment ideas
Maintain positive relationships with our portfolio companies and serve as a trusted partner and occasionally Board Observer
Review of terms of each venture capital investment you are leading, collaborating closely with legal on documentation, and ongoing maintenance and information flow for Fair Value purposes
The Expertise and Skills You Bring
5+ years of relevant industry experience
Experience investing in or analyzing private or public equity securities in the semiconductor/technology hardware sectors is a pre-requisite, with a preference for growth equity or venture capital experience
Exhibit strong analytical and communication skills, coupled with the highest level of personal and professional integrity
Demonstrate the confidence and the maturity to engage with internal and external partners such as Company Founders and Board Members as well as Venture Capital and Strategic investors
Intellectually curious about the private company / venture capital ecosystem and very high levels of initiative and motivation
The Group
Fidelity Investments has long been a leader in managing equity portfolios, with roots dating back to the 1940s. Fidelity’s Equity division is responsible for managing diversified and industry-specific funds for millions of investors. The division consists of portfolio managers, research analysts, research associates, sector specialists, and traders who work together to deliver exceptional investment outcomes. Over the years, its capabilities have grown substantially, with investment strategies designed across style, capitalization, sector, and geography.
The Equity team relies on its proprietary research, disciplined portfolio management, and sophisticated trading process to evaluate, construct, and manage investment portfolios and deliver superior long-term results.
Fidelity’s Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.
Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.
Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.
We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.
Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.