<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/8ecf6295-796c-46df-8604-a86f9d5f507a/social_logo_-_new_branding.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/8ecf6295-796c-46df-8604-a86f9d5f507a/social_logo_-_new_branding.png" width="40px" /> Ascension is an early-stage VC built by exited entrepreneurs to back the next generation of tech and impact founders.

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Job Specification - Associate, Ascension 🚀

Join our collaborative team at Ascension, a venture capital firm dedicated to supporting the next generation of tech and impact founders. We are committed to fostering a diverse and inclusive workplace, where every team member's unique background and perspective are valued.

This is an exceptional opportunity to work closely with a dedicated group of individuals who are driven by a shared motivation to bring impact dragons (fund returners) to market. Above all, we prioritise trust, effective communication, ownership, and independent thinking. We are committed to your rapid progression and will provide the necessary support and resources to help you thrive.

Ascension is an early-stage venture capital firm built and managed by exited entrepreneurs to back the next generation of tech and impact founders. Since 2015, Ascension has invested in 150+ start-ups across its (S)EIS & Institutional funds - our specialist approach and extensive sector reach allow us to identify and scale pioneering tech enterprises. With over £80m under management, Ascension is one of the most active early-stage investors in the UK with a particular focus on backing impact businesses leveraging the power of technology to solve some of the world's biggest problems. For more information, see www.ascension.vc.

Role and Responsibilities ✨

• Investments, Portfolio and Operations Support: provide support for the Ascension Fund III team, which focuses on tackling social inequalities and the cost of living crisis through institutional impact investment.
• Deal Analysis: perform analysis on potential investee companies, draft Investment Committee papers, including market research and financial analysis.
• Deal Execution: manage and keep track of the execution process, including keeping all internal investment systems/software up to date. Produce and negotiate Term Sheets, help set investee company objectives and KPIs.
• Fundraising: help the team manage the ‘sales funnel’ to support fundraising for the second and third closes of Ascension Fund III, including research into new limited partners (LPs or investors) and assistance on due diligence questions.
• Database Management: manage file repository and CRM systems.
• Portfolio Support: assist with impact measurement and impact reporting, follow-on investment papers and helping with the relationship management of portfolio founders.
• Partnerships: help build partnerships with industry stakeholders to strengthen Ascension's deal-flow including attending industry events.
• Research: seek new sectors ripe for investment, keeping up to speed with sector trends and market performance of different products. Keep the investment team updated with the investment/category landscape.
• Marketing: work alongside the Ascension team to implement and manage communications on behalf of the institutional impact funds, and assist with internal and portfolio events and news.

Qualifications & Experience 📝

We welcome candidates with diverse educational and experiential backgrounds who possess: