Investment AssociateLocation: Remote; preference for Western USReports to: Director of InvestmentsSalary: $100k to $110k depending on experienceTravel: Approximately 10-20%; tailored to project responsibilitiesPriority Application Deadline: January 23rd, 2026Preferred Start Date: March 15th, 2026Employment Status: Full-timeAbout Blue ForestBlue Forest is a conservation finance non-profit founded in 2015 that is focused on advancing ecosystem restoration through scientific research, financial innovation, and collaborative partnerships. Since 2018, Blue Forest has managed investor capital through its flagship financial product, the Forest Resilience Bond (FRB), which deploys private capital to finance forest restoration projects to reduce the risk of catastrophic wildfires. More recently, Blue Forest established Blue Forest Asset Management (BFAM), an investment management platform connecting investors to compelling, mission-aligned private equity and private credit investment opportunities. BFAM’s first investment fund, the California Wildfire Innovation Fund, invests in emerging opportunities across the forest restoration and wildfire mitigation sectors. Building on the success of its first fund, Blue Forest now seeks to expand this impact investing model to support forest stewardship value chains more broadly. Blue Forest is made up of an interdisciplinary team of scientists, engineers, foresters, finance, and communications professionals committed to the mission: "To accelerate ecological restoration through conservation finance, enabling climate resilience for ecosystems and communities."Employees at Blue Forest are:Committed to Continuous Learning Driven by Collaboration Thoughtful Innovators for Impact Grounded in Science Passionate about Restoring Earth’s EcosystemsPosition SummaryWe are seeking a dynamic Investment Associate to join our Blue Forest Asset Management team. The Investment Associate will support investment transactions, portfolio management, and new fund development. This role requires relentless attention to detail, excellent analytical skills, and the ability to work independently on multiple projects simultaneously. Workstreams include market research, financial modeling, and qualitative and quantitative analytical support across various areas such as private markets investments, portfolio and asset management, and impact and investor reporting. The primary goals of this position at Blue Forest include: (1) evaluating investment opportunities for BFAM, and (2) contributing to the growth of BFAM as a leading specialist investment platform.Job requirementsResponsibilities & DutiesInvestment Due Diligence and Financial Modeling (50%)Perform detailed financial analysis of investment opportunities, including building and populating accurate and dynamic financial models in Microsoft ExcelScreen potential investments and write concise analytical memos and present findings to internal audiences, primarily the Investment CommitteePlan and lead investment due diligence, including market research, reviewing third-party consultant reports, legal document review, and financial due diligence broadlyCoordinate Blue Forest’s impact strategy for its investments, including impact quantification effortsOngoing Investment Management (20%)Coordinate ongoing payment flows, such as loan drawdowns, interest payments, etc. (including with third-party service providers as relevant)Monitor covenants and other operational elements of dealsBuild and maintain financial models as inputs into the Blue Forest portfolio management functionContribute to investor reports and other Blue Forest collateralInvestment Product Development (20%)Explore new private markets investment products and opportunities via market research, landscape analysis, and stakeholder engagementConduct fund financial modeling, prepare materials such as pitch decks and data rooms, and support investor relations for new fund development and capital raising processesFinancial Systems and Processes (10%)Continuously improve BFAM Investment team policies, procedures, and playbooksExecute key portions of business processes, including budgeting, fund portfolio management, and ongoing investment managementCreate and maintain systems, trackers, and processes for the Investment teamDesired Skills and QualificationsBlue Forest will prioritize the following qualifications in the hiring process; however, we only expect candidates to fulfill some criteria and encourage all interested candidates to apply.Minimum 2 years in investments and/or financial analysis experience, with experience in some or all of the following areas required:Private equity, private credit, venture capital, structured finance, or project finance; Forest products, bioenergy/biofuels, or other forestry- and natural-resource adjacent sectors.Robust financial modeling and Excel skills are a must! Preference for experience with both investment and fund modelingClear written and verbal communication; ability to translate complex analysis and financial information into concise memos and presentationsExperience with investment transactions, including sourcing, due diligence, modeling, and closingWillingness and ability to travel throughout the Western US, including in rural and hard-to-reach areasExposure to fixed-income investments and/or forestry and climate finance is a plusDemonstrated interest in and commitment to environmental conservation and climate resilienceBenefits100% employer-paid health, dental, and vision coverage; subsidized coverage for dependentsAccess to a 401(k) retirement plan with a 5% employer match4 weeks paid vacation and 17 paid holidays; paid sick time and volunteer time3 months of paid family leaveEmployer-paid life and long-term disability insuranceAccess to Dependent Care FSA and Health FSAPublic Lands Exploration stipendMonthly Home Office stipend or co-working space providedDependent care costs are subsidized for business travelAdditional stipends for health & wellness, home internet, and cell serviceFinancial support for professional developmentAdditional InformationBlue Forest is a fully remote company with staff located across all four continental U.S. time zones. This job is remote; however, due to required travel around the Western United States, there is a preference for a candidate based in the Western US. Blue Forest also hosts an in-person team retreat each year.HOW TO APPLYTo apply to this position, please submit a resume and cover letter for your application through Recruitee. People from historically underrepresented populations and candidates with non-traditional career paths are especially encouraged to apply. If participating in the interview process would require you to incur additional expenses to participate, such as childcare, please let us know, and we are happy to reimburse for reasonable expenses incurred up to $30/hour for twice the length of each interview in which you participate. There will be space to request this reimbursement upon offer of an interview.
