Full Job Description
The Associate will join the Healthcare investment team, which transacts in privately negotiated deals (predominantly in biopharmaceuticals and medical devices). The position provides an exceptional opportunity for individuals interested in gaining experience in healthcare investing.
Participate in and support the investment process including due diligence and deal closing. Participate on due diligence calls with physicians, life science consultants, management teams and attorneys. Manage relationships with external parties including investment bankers, attorneys and Marathon’s investors
Analyze potential new investment ideas and conduct due diligence
Attend company management meetings and investment/medical conferences around the world.
Build company screens to target potential investments using proprietary specialized databases.
Produce and present internal memos for the Investment Committee
Assist in the negotiation of private structured transactions including working directly with counterparty CFOs
Draft term sheets and investment documentation
Build and maintain proprietary databases
Build and maintain company financial models (including 3 statements, debt and M&A) and detailed models for products/diseases.
Collaborate with internal teams including portfolio management and risk to maintain a good understanding of the investments made
Bachelor’s degree from a top-tier university with course work in life sciences e.g. biology/biotechnology. Strong GPA. MBA helpful but not necessary
1-3 years of healthcare investment banking/private equity/consulting/investing/leverage finance or business development in a pharma company necessary
Strong financial modeling skills essential with ability to create fully integrated financial statements, debt build outs and project future therapeutic cash flows
Basic understanding of credit
Experience with PowerPoint
Deal experience necessary
Legal background helpful but not necessary
Healthcare experience necessary
Strong work ethic, commitment to excellence and motivation to learn the investment business.
Organized, attention to detail with the ability to multi-task.
Candidate should be a team player who is willing to embrace a collaborative firm culture.