What are the responsibilities and job description for the Associate, Portfolio Group, Life Sciences position at Bain Capital?
BAIN CAPITAL OVERVIEW:
With approximately $185 billion of assets under management, Bain Capital is one of the world’s leading private investment firms. We create lasting impact for our investors, teams, businesses, and the communities in which we live. Over four decades we have strategically grown our platform to focus on Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. Today, our team includes 1,880 employees in 24 offices on four continents.
We partner differently to help people and companies embrace possibility and realize potential. Founded as a private partnership in 1984, we have fostered a culture of innovation, entrepreneurialism, and agility, empowering our people to define and own their career trajectories. Today, our partnership approach enables us to pursue strategic growth, build enduring relationships with a robust external network, and collaborate across our integrated platform to connect the deep and diverse expertise that unlocks breakthrough insights.
Our people are the heart of our advantage. Colleagues at all levels have a seat at the table as they tackle business challenges with a principal investor mindset. By asking incisive questions, respectfully challenging one another, and remaining intellectually agile, we work together to achieve exceptional outcomes.
Life Sciences Overview -
Bain Capital Life Sciences (https://www.baincapitallifesciences.com/) focuses on making outstanding long-term investments in biotechnology, pharmaceutical, medical device, diagnostics, and life science technology companies globally. Our guiding principles are to invest in companies focused on helping patients with significant unmet medical needs, driving distinctive innovation, and creating exceptional investor returns. Our team differentiates itself though the depth and breadth of its experience in both private and public equity investing, as well as industry.
The Life Sciences team models its approach on Bain Capital’s proven investment method to develop differentiated insight and drive change that enables the next phase of financial and technical/scientific growth for its portfolio companies. The investment process places an emphasis on rigorous analysis of pre-clinical and clinical research, strategic positioning, competitive dynamics, business model sustainability, and management team alignment and capability. The investment professionals of Bain Capital Life Sciences provide significant ongoing strategic and operational support for its portfolio, seeking to not only generate consistently strong returns, but to also enable unmatched value creation by the companies it invests in.
Portfolio Group
BCLS is building a dedicated team to help maximize value across our portfolio. In partnership with the senior BCLS investors, the Portfolio Group will lead our efforts to 1) identify, prioritize, and enable key value-creation initiatives across the portfolio, and 2) to ensure we allocate our time and resources effectively to this end by leveraging appropriate internal and external resources. BCLS seeks to enhance the value of our portfolio companies through five main vectors: Capital Formation, Capital Allocation / Strategy, Business Development, Team and Board Strengthening, and Navigating Externalities. Value will be driven through a combination of efforts from investors, members of the Portfolio Group, and external advisors or service providers.
Additionally, the Portfolio Group plays a leading role in driving investment and fund communications both internally and externally. In partnership with the BCLS senior team, the Portfolio Group develops content, such as quarterly letters, as well as engagement strategy to ensure consistent and thoughtful relationship-building with LPs.
Position Overview
The Associate will work closely with the Managing Director in the Portfolio Group and the BCLS senior team to support strategy / plans as they identify, develop, and execute across a range of priorities. He/she will play a critical role supporting our efforts to drive value creation in our portfolio companies in order to successfully achieve the investment theses we have underwritten.
Key Responsibilities
The responsibilities of this position include, but are not limited to, the following:
Support BCLS efforts to advise Portfolio Companies on Capital Formation:
With approximately $185 billion of assets under management, Bain Capital is one of the world’s leading private investment firms. We create lasting impact for our investors, teams, businesses, and the communities in which we live. Over four decades we have strategically grown our platform to focus on Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. Today, our team includes 1,880 employees in 24 offices on four continents.
We partner differently to help people and companies embrace possibility and realize potential. Founded as a private partnership in 1984, we have fostered a culture of innovation, entrepreneurialism, and agility, empowering our people to define and own their career trajectories. Today, our partnership approach enables us to pursue strategic growth, build enduring relationships with a robust external network, and collaborate across our integrated platform to connect the deep and diverse expertise that unlocks breakthrough insights.
Our people are the heart of our advantage. Colleagues at all levels have a seat at the table as they tackle business challenges with a principal investor mindset. By asking incisive questions, respectfully challenging one another, and remaining intellectually agile, we work together to achieve exceptional outcomes.
Life Sciences Overview -
Bain Capital Life Sciences (https://www.baincapitallifesciences.com/) focuses on making outstanding long-term investments in biotechnology, pharmaceutical, medical device, diagnostics, and life science technology companies globally. Our guiding principles are to invest in companies focused on helping patients with significant unmet medical needs, driving distinctive innovation, and creating exceptional investor returns. Our team differentiates itself though the depth and breadth of its experience in both private and public equity investing, as well as industry.
The Life Sciences team models its approach on Bain Capital’s proven investment method to develop differentiated insight and drive change that enables the next phase of financial and technical/scientific growth for its portfolio companies. The investment process places an emphasis on rigorous analysis of pre-clinical and clinical research, strategic positioning, competitive dynamics, business model sustainability, and management team alignment and capability. The investment professionals of Bain Capital Life Sciences provide significant ongoing strategic and operational support for its portfolio, seeking to not only generate consistently strong returns, but to also enable unmatched value creation by the companies it invests in.
Portfolio Group
BCLS is building a dedicated team to help maximize value across our portfolio. In partnership with the senior BCLS investors, the Portfolio Group will lead our efforts to 1) identify, prioritize, and enable key value-creation initiatives across the portfolio, and 2) to ensure we allocate our time and resources effectively to this end by leveraging appropriate internal and external resources. BCLS seeks to enhance the value of our portfolio companies through five main vectors: Capital Formation, Capital Allocation / Strategy, Business Development, Team and Board Strengthening, and Navigating Externalities. Value will be driven through a combination of efforts from investors, members of the Portfolio Group, and external advisors or service providers.
Additionally, the Portfolio Group plays a leading role in driving investment and fund communications both internally and externally. In partnership with the BCLS senior team, the Portfolio Group develops content, such as quarterly letters, as well as engagement strategy to ensure consistent and thoughtful relationship-building with LPs.
Position Overview
The Associate will work closely with the Managing Director in the Portfolio Group and the BCLS senior team to support strategy / plans as they identify, develop, and execute across a range of priorities. He/she will play a critical role supporting our efforts to drive value creation in our portfolio companies in order to successfully achieve the investment theses we have underwritten.
Key Responsibilities
The responsibilities of this position include, but are not limited to, the following:
Support BCLS efforts to advise Portfolio Companies on Capital Formation:
- Work directly with the Managing Director in the Portfolio Group and the BCLS senior team to provide the necessary support to assess capital needs and a strategy / plan of select Portfolio Companies to acquire capital; optimize their story / messaging / materials, enhance investor targeting, and provide guidance on investment bankers and research analysts.
- Assist in developing scalable resources to help portfolio companies optimize accessing capital – including profiling public and private funds, analyzing investment banks involved in capital raises, and assessing sell-side analysts.
- Create and maintain insightful and actionable compendium of counterparties (consultants, vendors, and other resources) to help portfolio companies select cost-effective outsourced services that can enable a successful operating structure and consistent achievement of critical milestones.
- Support comprehensive evaluative analysis of search firms to help portfolio companies select ideal search partner for critical executive and board roles.
- Assist in benchmarking analyses that can inform critical executive decisions – for example a compensation survey across portfolio companies.
- Enter and maintain relevant details in CRM for industry contacts that BCLS engages with through Team and Board development efforts
- Create and manage relevant contact lists to support BCLS engagement with portfolio executives and industry contacts to ensure lists are up to date and can be leveraged by investment team and portfolio group
- Collaborate with Managing Director of Portfolio Group and BCLS senior team to develop and implement enhancements to Portfolio Review process to drive progress across our five main vectors: Capital Formation, Capital Allocation /
- Strategy, Business Development, Team Strengthening, and Navigating Externalities. o Support deal teams efforts to implement and track BCLS action plans for priority portfolio companies.
- Provide content and analysis for the quarterly and year-end letters with succinct poignant insights about our portfolio and the market, as well as improved aesthetics.
- Strong academic credentials
- 2-5 years experience across (ideally with a combination of) operating and consulting or investing banking roles – ideally involving biopharma and/or medtech companies, but not mandatory.
- Excellent interpersonal skills and ability to interact with and advise executives at BCLS portfolio companies.
- Extraordinary verbal and written communication skills.
- Strong analytical skills and comfort organizing and interpreting complicated data.
- Proven ability to manage competing priorities and deadlines.
- Demonstrated ability to work as part of a team and a willingness to take on any task, no matter how small.
- Detail-oriented, conscientious, and energetic self-starter with ability to think creatively.
- Outstanding Excel, Word, and PowerPoint skills.
