Summer Venture Fellowship

Company Description:

Recast Capital  is a 100% women-owned venture capital platform that invests in and supports top-tier emerging fund managers, with a focus on diverse partnerships. The platform was founded by seasoned, institutionally-trained fund investors  Courtney McCrea  (10 years at Weathergage Capital and former growth equity GP) and  Sara Zulkosky  (former Greenspring Associates, family office investor, and start-up operator), and built to drive returns and create change in the venture industry.

The core of the platform is a fund-of-funds providing LPs diversified exposure to top-performing emerging, diverse managers (US-based, Fund I-III), as well as access to a pipeline of tomorrow’s industry-leading franchises.

As strong complements to the fund-of-funds, the platform also includes a tuition-free, virtual educational program called the  Enablement Program, providing learning and development for emerging venture managers (109 funds have participated to date) and  Recast Accelerate, a new program to support women-led and nonbinary-led emerging managers in venture, including educational programming and $100k/fund to be leveraged in support of their fund backend operations. Both the Enablement and Accelerate programs are powerful differentiators for Recast, helping Recast support more of the community than just those that it can invest in. You can learn more about the platform at  www.recastcapital.com.

Role Description:

The Venture Fellow will support activities across the Recast platform: the fund investment strategy (fund-of-funds) and our community programs (Enablement and Accelerate). The Venture Fellow will be an active part of the Recast team participating in weekly team meetings and events, helping to grow and support our network of emerging VC fund managers and identify the most promising managers to invest in. We believe this opportunity provides a rare vantage point into the world of venture capital, as well as an exceptional learning and network-building opportunity.

The Summer Fellowship period may be considered for extension on a part-time basis into the Fall for current first year students or on a full-time basis for current second year students depending on the needs of the firm at the time. This is a paid position, offering a competitive hourly wage.

Responsibilities include but are not limited to:

Note that depending on the needs and duration of the Fellowship, responsibilities may narrow or widen overtime. We have attempted to outline potential tasks and projects:

Fund-of-Funds:

• Support the pipeline of managers by researching managers, updating our CRM with new information, supporting the inbound pipeline, and attending meetings with emerging managers
• Support portfolio monitoring
• Support the due-diligence process of potential fund investments
• Conduct market research on emerging areas for investments

Accelerate & Enablement Programs:

• Support the application and review process
• Assist with operational elements of the programs
• Implement program improvements based on feedback from prior cohorts
• Attend and support educational sessions with emerging manager community
• Help with grant fundraising research/outreach such as research prospective donors, supporting with grant writing, or assisting with outreach to potential donors as needed

Required qualifications:

• Currently enrolled in a Full-Time or Part-Time MBA program (this role is open to current first year and second year students)
• Excellent Excel skills including financial modeling, statistical tools, and data analysis
• Strong quantitative and qualitative analytical skills
• Excellent communication skills and writing abilities
• Strong research capabilities including using systems specific to finance/VC roles such as Pitchbook, etc.
• Ability to thrive in a fast-paced, collaborative environment with some self-direction

Desired qualifications:

• Familiarity with CRM systems such as Affinity, Salesforce, or others
• Ability to independently learn new computer programs and systems, especially regarding automation and AI tools such as ChatGPT and Zapier
• Proficiency with Airtable