Head of Venture

IN-OFFICE/REMOTE, FULL-TIME

Position Brief

Varys Capital recently launched its newest early-stage, equity-focused fund boasting a $75M round, registered in the United Arab Emirates under ADGM (Abu Dhabi Global Market), with a mandate directed towards infrastructure, Web3/GameFi, DeFi primitives, and emerging verticals.

The Head of Venture would be stepping into an existing portfolio of companies, boasting an impressive IRR and TVPI, and be charged with leading a multinational team with a presence in the U.S., GCC, and Southeast Asia.

This appointment offers a rare opportunity to interact with capable founders in a cutting-edge industry, assisting in critical investment decisions and analyzing various offerings while being at the forefront of digital asset innovation.

Requirements

Must-Have

Must be fluent in English (both verbal and written);
Possess strong analytical skills and have experience in traditional finance (e.g., hedge fund, investment banking, venture capital, private equity) and/or venture capital experience;
Must have experience managing a team or have been an operator;
Must possess a strong network that can be leveraged for deal flow and strategic opportunities;
Must have protocol experience (e.g., business development, engineering, ecosystem comprehension);
Must have some sales expertise and be capable of closing business/ extrovert personality that genuinely loves networking;
Understand the mechanics related to managing a portfolio;
Have a passion for negotiating and able to meet deadlines; and
Familiar with Excel and Googlesheets, and be Mac proficient.

Nice-to-Have

M&A or trading experience is a plus (but not required); and
Having a financial designation or license isn’t necessary but is a plus.

Role & Responsibilities

Manage a multinational team of venture associates, executing the directives of the fund manager while adhering to the investment thesis and sitting on the IC (investment committee);
Support management in the deployment of capital including the sourcing, diligence, and execution of high-quality deals;
Oversee robust deal flow while tracking investment exposure, liquid/illiquid supplies, and KPIs (key performance indicators) in addition to continuously (re)balancing the portfolio;
Play an integral role in DeFi and liquidity operations, working closely with the quantitative trading team;
Oversee market research, investment trend analysis, financial modeling, valuation analysis, due diligence, and portfolio project support;
Oversee the creation of regular reports/briefs (e.g., investment notes, quarterly investment reports, monthly digests, etc.);
Liaise closely with the fund manager to create team cohesion, capital efficiency, and expand the reach of the firm;
Must have a desire to market and bring awareness to the fund in the form of conducting interviews, building relationships with other funds, speaking at/attending conferences, and being in the public arena;
Liaise with the fund’s finance department, ensuring compliance and internal procedures are adhered to; and
Utilize company interfaces and repositories to maintain secure records.