Investment Associate

Associate — Partnership Fund for New York City

Location: New York City – On-Site

Start Date: October 2026

Invest in New York City’s future: join a small, hands-on team putting private capital to work behind the entrepreneurs, technologists, and public-sector partners building a more inclusive city.

The Partnership Fund for New York City is an impact fund that is dedicated to mobilizing private sector resources and expertise to advance New York City’s standing as a global center of economic opportunity, upward mobility, and innovation. The Fund invests in entrepreneurs and innovators in the for-profit and nonprofit sectors who contribute to building a more vibrant and inclusive New York City economy. A key focus of the Fund is the application of new technology that serves the public interest.

Summary of Position The Partnership Fund offers Associates unique exposure to public sector innovation, mission focused venture investments and public-private community development. Associates are integrally involved in every aspect of the Fund’s work, from investment review and portfolio monitoring to researching new initiatives of the Fund and expanding the Fund’s network. Through their work at the Fund, Associates are exposed to a wide range of mission aligned companies, projects and initiatives.

The Partnership Fund was founded in 1996 by Henry Kravis as the investment arm of the Partnership for New York City. The Fund has invested over $200 million since inception. As an “evergreen” fund, realized gains are continuously reinvested.

In addition to its investment activity, the Partnership Fund also operates innovation labs with public-sector partners, including the Transit Tech Lab, the Environmental Tech Lab and the Buildings Tech Lab, as well as the FinTech Innovation Lab in partnership with Accenture.

Interested candidates should apply through this link:

https://partnershipfornyc.typeform.com/to/x92lX9Il

Responsibilities

Investment Review

1. Evaluate business plans and provide feedback to senior management
2. Assist senior management and a team of industry experts in conducting due diligence and analyzing investments.
3. Build and sensitize detailed financial models
4. Prepare investment memoranda for approval from the Partnership Fund board
5. Draft and execute deal documents with senior management and pro bono legal assistance

Portfolio Management

1. Monitor financial and qualitative performance of portfolio companies and keep Partnership Fund senior management informed
2. Update financial models and reports of portfolio companies

Advance Fund Mission

• Contribute to building the organization
• Conduct outreach to build the Fund’s network and to source potential companies for direct investments and the Fund’s innovation labs.
• Represent the Fund at conferences and events
• Conduct research in support of the Fund’s initiatives and innovation labs
• Perform organizational tasks to ensure success of the Fund

Qualifications

1. At least two years’ work experience involving in-depth financial modeling and corporate valuation (most commonly investment banking, but can be other roles with demonstrated financial experience)
2. Excellent financial modeling, analytical skills, and ability to understand business issues
3. Exemplary written communication skills and interpersonal and verbal skills
4. Interest and/or experience using AI tools related to making and monitoring investments
5. Strong commitment to social impact and entrepreneurship and to the Fund’s double bottom line mission

Salary and Benefits

We offer an excellent benefits package including medical, dental, 401(k), commuter benefits and paid time off. The annual salary for this position is $95,000. This is a 2–3-year position on-site 4 days/week (dependent on in-office work requirements).

The Partnership for New York City is deeply committed to providing equal employment opportunities to all individuals without regard to age, race, creed, color, national origin, sexual orientation, gender identity, gender expression, transgender or intersex status, military status, sex, disability, predisposing genetic characteristics, marital status, familial status, caregiver status, domestic violence victim status and intern status or any other characteristic or status protected by applicable law.

We offer an excellent benefits package including medical, dental, 401(k), commuter benefits and paid time off.