Duke University:

Duke University was created in 1924 through an indenture of trust by James Buchanan Duke. Today, Duke is regarded as one of America’s leading research universities. Located in Durham, North Carolina, Duke is positioned in the heart of the Research Triangle, which is ranked annually as one of the best places in the country to work and live. Duke has more than 15,000 students who study and conduct research in its 10 undergraduate, graduate and professional schools. With about 40,000 employees, Duke is the third largest private employer in North Carolina, and it now has international programs in more than 150 countries.

Managing Director, Duke Angel Network

Background

The mission of the Duke Angel Network (DAN) is to support the global Duke entrepreneurial community with an angel investing platform and co-investment fund that engages and leverages the power of the global Duke network. The DAN operational team and investment platform exists within the Duke Innovation and Entrepreneurship Initiative at Duke University. The DAN team partners with Duke-affiliated angel investors to source and curate investment opportunities in Duke affiliated companies. An online investment platform allows angel members to easily share deal opportunities, collaborate, complete diligence and close transactions. Investments are made directly between angel investors and portfolio companies. The DAN team also operates the Duke Innovation Fund (DIF), which is used to invest alongside the angel network and scale the capital available for portfolio companies. All capital gains from DIF investments are returned to the fund and reinvested alongside angel investors. The most important aspect of the Duke Angel Network is the active engagement and matching of Duke expertise with portfolio companies to support growth and success. The global Duke community offers a uniquely powerful opportunity for networking and guidance from industry experts and successful entrepreneurial leaders. For more information, visit dukeangelnetwork.duke.edu.

Occupational Summary

The Duke Angel Network Managing Director will be responsible for all aspects of the Duke Angel Network, including investor relations, investment strategy, curation and oversight of new venture investments, oversight of investor meetings, supervision of diligence team, responsibility for web sites and marketing materials, and performance of funded entities. The Managing Director of the Duke Angel Network will be responsible for the Duke Innovation Fund, a leverage fund raised through philanthropy. managing relationships with sister angel networks as part of the Triangle Venture Alliance and other allied entities in the Triangle Community. This position will report to the Director of the Duke Innovation & Entrepreneurship Initiative.

Work Performed

Management of Duke Angel Network membership, including recruitment of Duke Angel Network members and management of member relations, providing high quality customer service through personalized outreach to ensure positive member engagement and retention.Oversight of all aspects of the investment management process including sourcing, screening, diligence, analysis and decision-making process.Oversight of Portfolio Management; Provide support and resources to portfolio companiesOversight of the planning and execution of Duke Angel Network convenings, such as the Duke Angel Network Annual Meeting, membership recruitment events and pitch eventsOversight of all aspects of Communications, including timely and appropriate communication with members regarding reporting, new investment opportunities, portfolio management and engagement opportunities. In coordination with the Duke Innovation & Entrepreneurship Initiative Communications team, maintain website, generate collateral and organize newsletter.Management of the Duke Innovation Fund; in coordination with the Innovation and Entrepreneurship Initiative Development Program Director and Duke University Development, participate in the development of strategies surrounding philanthropy to the Duke Innovation Fund, support prospect cultivation, solicitation and stewardship as neededOversight of Duke Angel Network Operations; Determine fiscal requirements and prepare budgetary recommendations; monitor, verify, and reconcile expenditure of budgeted funds; oversight of technology platforms

Supervise and coordinate the work of designated employees, including full-time and part-time staff and diligence team of student fellows. Manage personnel activities to meet university and departmental objectives; direct various personnel functions including, but not limited to, hiring, training and development, performance appraisals, promotions, transfers, vacation schedules, and disciplinary actions. Ensure compliance with university policies and procedures, particularly as they relate to educational programs, FERPA compliance and human resource management.

Maintain liaison with internal and external organizations to explore new opportunities and areas of potential enhancement to existing activities, particularly angel affinity networks associated with the Triangle Venture Alliance and other allied organizations in the Triangle Community; represent the Duke Angel Network and the Duke Innovation and Entrepreneurship Initiative at national conferences and events.

Perform other related duties incidental to the work described herein

Preferences

The Managing Director of the Duke Angel Network will have 5+ years investing experience in early stage technology, most preferably from academia.Significant experience and expertise in technology translation, preferably in multiple sectors, and translation consulting is required. Applicants will have significant experience managing investor relationships, sourcing, performing diligence, structuring transactions and supporting investments, especially in early stage technology companies.MBA is preferred.

Minimum Qualifications

Education

Work requires a Bachelor's degree in Business Administration, Hospital Administration, Accounting or a closely related field.

Experience

Work requires a minimum of nine years progressively responsible experience in administrative management, to include proficiency in budgeting, grants and contracts, personnel supervision and space and facilities management. A Master's degree in Business Administration, Hospital Administration, Accounting or a closely related field may substitute for two years of required experience. OR AN EQUIVALENT COMBINATION OF RELEVANT EDUCATION AND/OR EXPERIENCE

Duke University is an Affirmative Action/Equal Opportunity Employer committed to providing employment opportunity without regard to an individual's age, color, disability, gender, gender expression, gender identity, genetic information, national origin, race, religion, sex, sexual orientation, or veteran status.

Duke aspires to create a community built on collaboration, innovation, creativity, and belonging. Our collective success depends on the robust exchange of ideas—an exchange that is best when the rich diversity of our perspectives, backgrounds, and experiences flourishes. To achieve this exchange, it is essential that all members of the community feel secure and welcome, that the contributions of all individuals are respected, and that all voices are heard. All members of our community have a responsibility to uphold these values.

Essential Physical Job Functions: Certain jobs at Duke University and Duke University Health System may include essential job functions that require specific physical and/or mental abilities. Additional information and provision for requests for reasonable accommodation will be provided by each hiring department.