Principal- New Ventures

The Heritage Group • Indianapolis, IN

3d

About The Position

The Heritage Group is a fourth-generation, family-owned business focused on construction and materials, environmental services and specialty chemicals. Over the last 90+ years, the Heritage portfolio has grown to include more than 50 companies that employ more than 6,000 people. What unites this diverse group of businesses and individuals is our commitment to create a safer, more enriching, and sustainable world by harnessing the power of family. Why Join HG VenturesHG Ventures operates at the intersection of traditional venture capital and corporate venture capital, combining the speed, autonomy, and rigor of an independent VC with the long-term capital base and strategic depth of a 90-year-old industrial platform. This hybrid model enables the team to move decisively, take a long-term view, and work hands-on with founders to scale real-world solutions in complex, asset-intensive industries. Team members gain uncommon exposure across investing, company building, and industrial operations, while benefiting from close mentorship by senior investors and a clearly defined path toward Managing Director. For investors who want responsibility, impact, and the opportunity to build a lasting venture franchise, HG Ventures offers a distinctive and compelling platform.About the RoleThe Principal will work closely with the investment team to source, lead, and win deals on behalf of HG Ventures. They will be responsible for representing the firm and should have a proven curiosity and excitement for the domains across HG Venture's platform. This person is a driven, team-oriented, and proactive individual who can hit the ground running with a solid network and the ability to identify unique opportunities. This person will flex across the deal sourcing platform and will need to be excited about expanding into new areas of investment; they will collaborate closely with colleagues to make decisions that are best for the team. This person will be mentored by experienced venture professionals and will have an opportunity to develop into a Director.

Requirements

• At least 4 years of venture investing experience and 8 years total work experience
• Demonstrated skill set in identifying a thesis behind an investment, conducting diligence, digging deep to get to ground truth in the midst of ambiguity, winning over an entrepreneur, and effectively driving results for the most important issues in a startup (hiring, fundraising, recruiting, BD)
• Ability to compete and win; track record of successful outcomes
• Based in or willing to relocate to Indianapolis, Indiana

Nice To Haves

• Ideal candidates will have operational or investment experience in market sectors relevant to The Heritage Group and HG Ventures

Responsibilities

• Thesis Development and Sourcing: Develop investment theses on high impact markets and generate investment opportunities in said markets
• Due diligence: Conduct due diligence including business analysis, industry analysis, competitive landscape, financial modeling, and making investment recommendations on companies in the US and international markets
• Leading/Winning: Create a differentiated value proposition for founders and serve as the champion for given investment processes
• Support World Class Founders: Work with portfolio company management teams to add leverage around key operational initiatives
• Community building: Represent the firm and build relationships with founders, executives, and other investors at external and internal events
• Additional duties and responsibilities as assigned, including but not limited to continuously growing in alignment with the Company’s core values, competencies, and skills.

What This Job Offers

• Job Type: Full-time
• Career Level: Principal
• Education Level: No Education Listed