Director, Inclusive Entrepreneurship

About the role

Candide Group manages 100% impact portfolios for families, foundations and other clients, with a US emphasis and a strong record of investing in BIPOC, women and gender-expansive leaders. In 2024 it organized its work into four verticals, including Inclusive Entrepreneurship, which uses capital to expand opportunity, strengthen local businesses, build generational wealth and support entrepreneurs historically excluded from traditional financing. The Director sources, evaluates and underwrites opportunities in this vertical, leads fund and vehicle development, and supports portfolio monitoring.

Key responsibilities

• Sourcing and pipeline: proactively source and evaluate investment opportunities and maintain a robust pipeline, working with colleagues to integrate across initiatives.
• Diligence and underwriting: assess impact strategies, lead due diligence and underwriting across venture, loan funds, community development financial institutions, private equity and private debt, and draft investment memorandums.
• Fund and vehicle development: help design and structure an Inclusive Entrepreneurship fund or vehicle, and if launched, oversee fundraising, investor engagement and capital deployment.
• Thought leadership: track market and policy issues, write quarterly commentaries and impact reports, and represent Candide at conferences and client events.
• Portfolio monitoring: support monitoring of 15-20 active legacy funds, tracking risks, impact and financial performance and reporting timely.
• Travel of about 15% is required; onsite meetings in Oakland, California are needed from time to time, and the Bay Area is preferred.

Required profile

• 7+ years of experience sourcing and evaluating investment opportunities and building a pipeline.
• Experience leading due diligence and underwriting across asset classes such as venture, blended capital, private equity and private debt funds.
• Ability to integrate grassroots and community perspectives into diligence and underwriting.
• Strong communication through investment memoranda, client presentations, commentary and impact reporting.
• Self-starter who can work independently while maintaining high standards.

Required skills

• Impact diligence and financial analysis
• Due diligence and underwriting
• Investment memorandum drafting

What we offer

• Salary range of $165,000-$190,000, adjusted to skills and experience.
• Health insurance, profit-sharing bonuses, staff professional development funds and an employer-contributed socially responsible 401K.
• Generous PTO, including two full weeks of office closure annually.

Applications are sent by email with a cover letter, resume with three references and optional salary expectation; reviews are rolling.