Managing Director, Places; BMP

Blue Meridian Partners is a pioneering philanthropic model for finding and funding scalable solutions to problems that trap America’s young people and families in poverty and limit economic mobility. We bring philanthropists together to make significant, multi-year investments that make it possible for social sector leaders to take their successful interventions to regional or national scale.

Today, Blue Meridian is evolving and extending its early vision for integrating the work of expanding solutions nationwide with regional and local strategies to produce the strongest possible outcomes for children and families. We aredeeply aware ofa growing body of research that highlights howplace and economic mobility are inextricably linked and pervasive racial gaps in outcomes. We believe more cross-sector solutions are required to realize the potential of compounding benefits of coordinated work in communities.

In response to the needs identified by community leaders and a study of the challenges that seem to have stymied prior efforts, Blue Meridian is assembling a team to unlock significant new private and public resources for practitioners to accelerate place-based work across the country.

Position Profile

Managing Directors provide strategic leadership and help execute and innovate on critical business priorities for Blue Meridian Partners, including sourcing and leading Blue Meridian’s relationships with select investees.

Managing Directors are members of a dynamic leadership team. Operating with great flexibility and freedom while working closely with other Managing Directors, the CEO and Chief Investment and Impact Officer (CIIO), and Blue Meridian’s investment Partners they provide the leadership necessary to advance Blue Meridian’s mission. A Managing Director may have oversight responsibility for Portfolio Strategy and Management operations.

Reporting to the CIIO, the Managing Director of the Places portfolio will refine and launch this new portfolio as a part of the team focused on the next generation of Blue Meridian’s regional investment strategy.

Position Type

Exempt

Location

New York City preferred

A Managing Director oversees and manages, delegating and working with other team members where appropriate, activities that may include but are not limited to the following:

Lead Strategy and Investments in Regional Initiatives

• Partner with the CIIO to refine and continuously improve the Places elements of Blue Meridian Partners’ regional investment strategy.
• Co-develop an outcomes framework and own and deliver strategic outcomes related to investments in comprehensive place-based partnerships and related elements of the regional investment portfolio.
• Conduct and manage due diligence to explore opportunities and make investment recommendations, developing, with team, compelling and feasible investment recommendations.
• Manage the Places portfolio of investments overseeing and supporting their impact and performance.
• Capture ongoing learning from investments and broader trends to continuously inform and improve Blue Meridian’s and investees’ strategy and operations.
• Serve as an external spokesperson/representative of Blue Meridian and assist as needed with fundraising, BMP Partner engagement, and other activities.
• Develop relationships and partnerships with other relevant investors and aligned organizations to increase information flow and sourcing, leverage additional expertise or resources, and extend the reach and impact of the portfolio and strategy.

Lead Relationships with Investees

• Ensure investee leaders and their teams receive excellent relationship management and support from Blue Meridian.
• Earn and maintain the respect of investees and serve as a trusted partner and advisor to a diverse range of senior leaders in a community. This includes representing Blue Meridian Partners with regional public sector leaders, regional funders, business and community leaders, and advising on strategy and regional investment plans; evaluation and evidence building; fundraising; strategy design; and human capital and communications.
• Craft performance milestones with investees…