Investor Fellowship (Phd Track)
Lingotto Innovation Fund
Multiple | Remote/Flexible
Lingotto’s Innovation Fund: VC Investor Fellowship (PhD Track)
We, the Innovation Fund, are looking for remote Investment Research Interns during the first half of 2024. This role is part-time (~10 hours a week) and paid.
Responsibilities: The selected candidate will be expected to produce a final work product on the following high-priority themes:
- Semiconductors & GPU computing
- Technical challenges / opportunities in novel LLM usage
The primary goal is for the work product to map out how the current and emerging technologies are best positioned to tackle bottlenecks in the research-to-commercialization chain from a technological feasibility perspective.
Qualifications and Attributes:
- Intellectual Curiosity: Problem solvers interested in the intersection of cutting-edge technological innovation, commercialization, and fund-raising. Rather than focusing on “today’s problems” we are looking for candidates that can step back and ask the right questions to understand what “tomorrow’s challenges” will be – and which technologies are best positioned to address them.
- Analytical & Imaginative Thinking: First-principles thinkers with the ability to quickly break down complex information into its smallest parts; and think creatively about what happens next.
- Rigorous Quantitative Academic Background: PhD candidates and postdocs conducting research in engineering, natural, physical, and computer physical sciences are encouraged to apply.
- Effective Communication: Strong oral and written communication skills, as candidates will be expected discuss their thought processes, hypotheses, and data-backed conclusions.
- Self-motivation: Culturally, we are looking for low-ego professionals seeking to thrive in a highly meritocratic, flat, and transparent organization.
Application Process: To apply, have your cover letter: (1) summarize your background, (2) describe how this internship would fit into your career aspirations, and (3) explain in a few sentences a technology company you think is very interesting.
We will review applications on a rolling basis.
Please note: while we do not expect this internship to translate to a full-time role, pending performance, it may evolve to a full-time, in-person Summer 2024 internship in NYC.
Lingotto’s Innovation Fund is a $600mm+ AUM crossover (public & private) fund focused on making concentrated and long-term investments in companies operating at the cutting edge of technological and business-model innovation. Core to our investment thesis is the fact that market returns are dominated by extreme structural winners – we seek to identify decades-long secular trends and the management teams best positioned to capitalize on them in the early years.
The Innovation Fund is co-managed by James Anderson (CIO) and Morgan Samet. James has over 40 years of investment experience – most recently as a Partner at Baillie Gifford, where he managed over £100bn in AUM throughout his tenure. As head of the firm’s flagship fund, the Scottish Mortgage Investment Trust, he delivered a +1,555% return vs. +354% for the FTSE all-world benchmark (between April 2000 and March 2022). Morgan has over 19 years of experience in private and public market investing. She has previously worked at Belfer Management, Pzena Investment Management, Thomas H. Lee Partners, and Goldman Sachs. She received her MBA from Harvard Business School. The senior team has a notable history of private investments including: OpenAI, SpaceX, Alibaba, Coupang, Stripe, Databricks, Spotify, Airbnb, Tempus, Recursion, Ginkgo Bioworks, Palantir, Epic Games, Joby Aviation, Indigo, Aira, Humane.
See additional information on the Innovation Fund here.
The Innovation Fund is a part of Lingotto, a $4.5bn+ investment management company backed by Exor. Exor is a publicly traded vehicle that is majority-controlled by the Agnelli family and whose assets include positions in companies like Stellantis (Fiat, Chrysler, Citroen), Ferrari, Philips, Juventus Football Club and Christian Louboutin. Exor’s Chairman is Nitin Nohria (former Dean of Harvard Business School).
For additional information on James Anderson, please reference this document outlining recent press clippings and investor letters from his time at Baillie Gifford – you may also find the following video instructive: https://www.youtube.com/watch?v=3bnqGb8f7rg.