What are the responsibilities and job description for the Investment Director - Heritage Ventures position at The Heritage Group?
About The Heritage Group
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.
About The Company
HG Ventures is part of The Heritage Group (THG). Founded in 1930 in Indianapolis, IN, THG is a fourth-generation family-owned business managing a diverse portfolio of more than 30 companies specializing in heavy construction and materials, environmental services, and specialty chemicals. HG Ventures is the venture capital arm of The Heritage Group, partnering with and investing in innovative, high-growth companies that support a sustainable future in materials, infrastructure, environmental solutions, and industrial systems. HG Ventures delivers differentiated value to its portfolio by activating THG's deep operating expertise, strategic assets, and long-standing industry relationships.
Why Join HG Ventures
HG 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 95-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 Role
The Director will work closely with the investment team to source, lead, analyze and win deals on behalf of HG Ventures, owning outcomes from thesis through close and into portfolio value creation. They will represent the firm in the market and must bring deep curiosity and conviction across the domains of HG Ventures' platform. This person is a driven, team-oriented, and proactive leader who brings an established network, a track record of leading investments, and the judgment to identify and prioritize 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 perform diligence and make decisions that are best for the team.
At HG Ventures, you'll have the unique opportunity to shape the future of sustainable investing and corporate venture capital. You'll work within a small team that takes pride in achieving outsized results through corporate-startup partnerships.
#TheHeritageGroup
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.
About The Company
HG Ventures is part of The Heritage Group (THG). Founded in 1930 in Indianapolis, IN, THG is a fourth-generation family-owned business managing a diverse portfolio of more than 30 companies specializing in heavy construction and materials, environmental services, and specialty chemicals. HG Ventures is the venture capital arm of The Heritage Group, partnering with and investing in innovative, high-growth companies that support a sustainable future in materials, infrastructure, environmental solutions, and industrial systems. HG Ventures delivers differentiated value to its portfolio by activating THG's deep operating expertise, strategic assets, and long-standing industry relationships.
Why Join HG Ventures
HG 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 95-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 Role
The Director will work closely with the investment team to source, lead, analyze and win deals on behalf of HG Ventures, owning outcomes from thesis through close and into portfolio value creation. They will represent the firm in the market and must bring deep curiosity and conviction across the domains of HG Ventures' platform. This person is a driven, team-oriented, and proactive leader who brings an established network, a track record of leading investments, and the judgment to identify and prioritize 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 perform diligence and make decisions that are best for the team.
At HG Ventures, you'll have the unique opportunity to shape the future of sustainable investing and corporate venture capital. You'll work within a small team that takes pride in achieving outsized results through corporate-startup partnerships.
- This position is based in Indianapolis with the ability to WFH one day per week. Qualified candidates must currently reside in the Indianapolis, IN area or be willing to relocate*
- Thesis Development and Sourcing: Define and own investment theses on high impact markets and source investment opportunities in said markets
- Due diligence: Lead and perform due diligence including team evaluation, business analysis, industry analysis, competitive landscape, financial modeling, and make investment recommendations on companies in the US and international markets
- Leading/Winning: Create a differentiated value proposition for founders and serve as the deal champion for given investment processes
- Support World Class Founders: Work with portfolio company management teams to add leverage around key operational initiatives and take Board or Board Observer roles where appropriate
- Support the HG Ventures Team: Collaborate with and help develop venture colleagues to support the full portfolio and investing activities
- 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.
- Required 5 years of venture investing experience and 8 years total work experience, including a demonstrated record of leading investments from sourcing through close and portfolio support.
- Demonstrated mastery in identifying a thesis behind an investment, leading 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)
- Required Experience in creating and manipulating capitalization charts and term sheets for private, venture-backed companies
- Required Experience in creating and manipulating capitalization charts and term sheets for private, venture-backed companies
- Proven ability to compete and win; track record of successful outcomes leading deals
- Ideal candidates will have operational or investment experience in market sectors relevant to The Heritage Group and HG Ventures
- Committed to the values of HG Ventures; a strong representative for the firm
- High level of personal integrity, respected by peers, and viewed as a trustworthy personality
- Intellectually curious, strategic, and thoughtful
- Collaborative, low-ego
- Focused on team and company goals
- Action-oriented and ambitious: a “do-er,” not a “talker”
- Strong ownership mindset and leadership skills as a player/coach
- Committed to professionalism, highest degree of personal and professional integrity
- Ability to travel as needed.
- Ability to work in an office setting behind a computer/desk for up to 8 hours daily.
#TheHeritageGroup