This is a core investing seat at Duende: sourcing access-constrained opportunities, underwriting companies and secondary transactions, structuring investments, and building the relationships that create repeat access.
About Duende Capital
Duende Capital is a private markets investment firm specializing in venture secondaries and other access-constrained technology investments. Over the past 12 months, Duende has deployed more than $125 million across AI, defense, space, robotics, fintech and industrial technology. We invest from our balance sheet into select companies and venture funds, and invest alongside a global network of family offices, founders, executives and institutional capital partners through purpose-built vehicles.
Our model combines differentiated sourcing, fundamental underwriting, flexible structuring and the ability to move quickly where access and certainty of execution matter. Select investments and transactions: SpaceX, xAI, Standard Bots, Neuralink, Databricks, Vulcan Elements, Positron and Nucleus Genomics.
The Opportunity
You will play a key role across direct investments, secondary transactions and selective fund commitments. As a generalist investor at a lean firm, you will drive every stage of the deal lifecycle: sourcing, underwriting, structuring, presenting to the investment committee, and ongoing portfolio work.
What You'll Do
- Source differentiated direct and secondary opportunities through founders, operators, GPs, co-investors and private-market counterparties; build long-term manager relationships that can create future co-investment access
- Lead diligence across companies, secondary transactions and selective fund commitments: market maps, financial modeling, reference calls, valuation work and technical/product review
- Write clear, well-reasoned investment memos and present independent recommendations to our investment committee
- Own portfolio monitoring, follow-on recommendations, manager relationships and support through subsequent financings and exits
- Partner with Investor Relations and Operations teams to align investment conviction, allocation strategy, investor demand and closing timelines
What You Bring
- Experience in venture capital, growth equity, private equity, secondaries or another rigorous investing path
- Evidence that you can originate differentiated opportunities and build trusted founder, GP and investor relationships
- Strong financial modeling, valuation and diligence fundamentals, with the judgment to separate access from investment merit
- High-EQ investor who earns trust quickly with founders, GPs and counterparties and maintains it through difficult moments
Nice to Have
- Experience in private secondaries, fund investing or a specific sector thesis that complements Duende's existing focus
Compensation & Benefits
- Base salary: $200,000–$250,000 commensurate with experience and responsibilities
- Variable: Performance bonus plus carry/promote participation
- Benefits: Medical/dental/vision, 401(k), flexible PTO
