Turn/River Capital is a private equity firm that applies a proprietary growth engineering strategy to investing, partnering with software businesses to accelerate growth and build enduring value. The firm’s team of equal parts investors and operators provides hands-on operational support and the flexible capital to systematically scale marketing, sales and customer success at its portfolio companies. Founded in 2012 and based in San Francisco, Turn/River has $5.6bn in committed capital and invests globally with a focus on North America and Europe.
About the Role
We're hiring experienced investors with a track record of success to join our growing investment team. In this role, you'll lead investment transactions that leverage our operating capacity, working closely with the broader investment team. Successful candidates will bring a creative, analytical mind, an aptitude for understanding software businesses across verticals, and the polish to navigate executive-level conversations that secure key deals for the firm.
Key Responsibilities
Source and build relationships with software CEOs and founders that fit our target investment profile
Build financial models, research industry dynamics, and write investment memos for potential opportunities
Lead diligence workstreams — developing a first-principles understanding of each company's customers, sales process, lead generation, churn, product positioning, competition, team, and market
Support senior partners in managing the deal process end-to-end, coordinating with lawyers, accountants, and consultants
Participate in portfolio company board meetings and partner with management teams post-close to sharpen operational efficiency and sales & marketing workflows
Qualifications
Undergraduate degree from a top-tier institution with a strong academic record
1–3 years of investment banking experience (software / technology group preferred) or prior growth equity / private equity experience
Direct exposure to SaaS, software, or subscription business models
A strong relationship builder who earns trust quickly with executives and teammates
Data-driven, intellectually curious, and numerically inclined
Strong project management, organizational, and process management skills
Able to prioritize and run multiple workstreams concurrently with sharp attention to detail
Location
San Francisco, hybrid work model
Compensation
The annual base salary range for this role is $280,000 - $290,000, taking into account numerous variable factors that are considered in making compensation decisions including but not limited to skill sets, experience, training, licensure, certifications, and organizational requirements.
The below benefits are offered to full-time employees based out of our San Francisco office:
An opportunity to make an impact across multiple high-growth tech firms
Competitive salary and discretionary bonus
Medical, dental, and vision insurance covered 100% for employee & dependents
Flexible vacation policy
401K matching
Paid parental leave
Commuter benefits
Health and Wellness benefits
Household Services benefits
Home Office benefits
Annual Home Office Equipment Reimbursement
Donation matching
Work from home Monday & Friday
Energetic work environment with snacks and weekly team lunches 3x per week, centrally located near multiple public transit lines
A company that enjoys having fun: holiday parties, annual company offsite and retreat, annual summer "work from anywhere" month
Turn/River provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, religious creed (including religious dress and grooming practices), national origin, ancestry, citizenship, physical or mental disability, medical condition (including cancer and genetic characteristics), genetic information, marital status, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender, gender identity, gender expression, natural hair styles, age (40 years and over), sexual orientation, veteran and/or military status, protected medical leaves (requesting or approved for leave under any applicable state, or federal leave act), domestic violence victim status, political affiliation, and any other characteristic or status protected by state or federal law.
Skills Required
- Undergraduate degree from a top-tier institution with strong academic record
- 1-3 years of investment banking, growth equity, or private equity experience (software/technology group preferred)
- Direct exposure to SaaS, software, or subscription business models
- Ability to build financial models and write investment memos
- Strong relationship-building and ability to interact with executives
- Data-driven, intellectually curious, and numerically inclined
- Strong project, organizational, and process management skills; ability to run multiple workstreams with attention to detail
What We Do
Turn/River Capital is a private equity firm that partners with software and SaaS businesses to accelerate growth and build enduring value. By combining flexible capital with a proprietary growth engineering strategy and a deep operational team of software operators and investors, the firm helps capital-efficient, data-driven companies transform from beloved products into market-leading AI platform leaders.
