MBA Intern, Novo Holdings, Growth Investments, San Francisco

Novo Holdings is seeking an MBA Intern to support the Growth Investments team in its investment activities over the course of the summer/fall semester in its San Francisco office.

Novo Holdings is the holding company of the Novo Group and is a Danish private limited liability company wholly owned by the Novo Nordisk Foundation. As of 2024, the Novo Nordisk Foundation had total assets under management of USD 136 billion, including an investment portfolio of USD 29 billion. The purpose of Novo Holdings is to improve people’s health and the sustainability of society and the planet by generating attractive long-term returns on the assets of the Novo Nordisk Foundation. Novo Holdings is the controlling shareholder of Novo Nordisk and Novonesis (the Novo Group companies) and manages an investment portfolio with a long-term return perspective.

Headquartered in Copenhagen, with affiliates in San Francisco, Boston, Singapore, and Shanghai, Novo Holdings is a world-leading life science investor with a focus on creating long-term value.

Further information: www.novoholdings.dk.

The Job

The Growth Investments team invests in scalable, high-growth life science companies at the leading edge of innovation. The team has a thematic approach to investing, focusing on specific investment ecosystems within four industry areas: life sciences tools and diagnostics, technology within life sciences, complex manufacturing and supply chain, and life sciences beyond human health. As an intern, you will join Novo Holdings’ Growth Investments team in San Francisco and support the team in all aspects of its investment efforts. This role will pay $26/hour.

Your tasks will include:

• Market landscaping across thematic areas, including mapping out a space, identifying key unmet needs, and identifying current (incumbents) and novel solutions (new companies/potential investments)
• Conducting financial analysis to assess new deal opportunities and strategic initiatives at existing portfolio companies
• Assisting in due diligence processes on new investment opportunities
• Preparing investment materials and internal memoranda on potential and existing investments
• Supporting management of team CRM systems and vendor platforms

Working at Novo Holdings

We have a respectful and collaborative work culture where your opinion is valued. We are committed to diversity, equity, and inclusion, welcome and celebrate individuals of all backgrounds, orientations, and identities. You will enjoy being part of a dedicated, international and dynamic team with diverse backgrounds.

Professional Qualifications

·        Currently enrolled in an MBA program

·        Has achieved strong academic results and is interested in pursuing a career in financial services such as investment banking or private equity

·        Possesses strong verbal and written English communication skills

·        Is a demonstrated self-starter with a high level of integrity and accountability

·        Exhibits strong intellectual curiosity and detail orientation

·        Has a strong work ethic and is eager to work in fast-paced environment

Personal Characteristics

·        Excellent analytical skills with the right combination of overview and attention to detail

·        Ability to work independently with structure

·        Highly motivated self-starter

·        Team player who wants to actively contribute and has a positive can-do attitude

·        Quality-conscious and impact-oriented