Impact Investment Principal - MM Catalyst Funds
Impact Investing Team
Full-Time (Hybrid - 3 days/week onsite)
Boston, MA
The Opportunity
In this role you will play an important role in identifying, evaluating, and managing investment opportunities that align with MM Catalyst Funds investment and impact objectives. As a strategic thought partner with the Head of MassMutual Catalyst Funds, you will play a crucial role in deploying capital to early-stage companies.
The Team
Impact Investing at MassMutual seeks to make attractive financial returns and have a positive social and/or environmental impact that is measurable. Philanthropy alone cannot solve our society’s problems - institutional capital can and should play a role. There are clear societal and global needs to address the wellbeing and prosperity of people and the health of the planet. By adding an impact lens to our investment process, we can evaluate our investment outcomes and their social and environmental additionalities.
The MassMutual Catalyst Funds (MMCF) I & II — a $150 million commitment to increase diversity in, and access to, venture capital and invest in innovative products and services that advance economic and social mobility.
The First Fund Initiative is a $150 million commitment by MassMutual to address and overcome historic barriers to capital and advance capital equity. First Fund’s allocation strategy centers on funds that are systemically overlooked by financial institutions and have a differentiated investment thesis with the ability to generate positive social impact as well as risk-adjusted market rate financial returns.
The Impact:
The Impact Investment Principal will be a critical member of the Impact Investing team. The Investment Principal will report to the Head of MassMutual Catalyst Funds, and work with the MassMutual Catalyst Fund team on deal origination, underwriting, management and reporting on investments for the MassMutual Catalyst Funds.
This responsibility extends to evaluating what is proven effective and what requires further innovation as we seek to build up, evolve and expand both the MassMutual Catalyst Funds in addition to the First Fund Initiative. Given the comparatively immature nature of the target companies for the MassMutual Catalyst Funds, the Impact Investing Team’s responsibilities will include coaching of, and advising and consulting with, the entrepreneurs leading these portfolio companies. As such, the Investment Principal will need to be able to work with emerging entrepreneurs in a constructive and consultative way to help those entrepreneurs identify and solve their respective business problems and funding needs.
As a critical member of the Impact Investment team, you will work in an innovative, impact-driven, fast-paced, collaborative environment to drive financial returns and social change. A consultative, hands-on, culturally competent approach coupled with demonstrated experience of startup financing, venture capital, private equity and/or alternative investments are required daily to source, analyze, negotiate, model, underwrite and provide human capital to entrepreneurs and emerging fund managers.
The Minimum Qualifications
The Ideal Qualifications
What to Expect as Part of MassMutual and the Team
Salary Range:
$137,800.00-$180,800.00
At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.
Why Join Us.
We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry-leading pay and benefits. And your voice will always be heard.
We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It’s more than our company structure – it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.
MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.
#J-18808-Ljbffr...organized individual to join our team as a Remote Entry-Level Data Entry Specialist. In this role, you... ...deadlines. Good organizational and time management skills. Basic understanding... ...and collaborative work environment. Part-Time or Full-Time: This position is...
...Job Description Job Description About the Role White Panda is looking for a talented Part-time (Freelance) Social Media Anchor. As an Anchor, your duties include recording voiceovers, creating videos using our provided scripts, and performing basic editing for...
...About the Company - Our client, a nationwide insurance carrier is looking to add multiple Senior Commercial Auto Adjusters to their staff. The candidate must have 5+ years of Commercial Auto experience including a litigation background. This is a remote, full-time staff...
...window and door solutions Generate qualified leads for our in-home consultation team by converting customer interactions into appointments Set up and maintain attractive, professional displays Why This Role Stands Out Earn Big, Work Smart : Top...
...services consulting firm, is experiencing unprecedented growth. As a result, we have a full-time position available for an Industrial HVAC Engineer in the Food & Beverage Group. Responsibilities: Responsibilities: Conducting job-site surveys of food and beverage...