Company Overview:

ICA Fund, formerly known as Inner City Advisors, is a nonprofit organization based in Oakland, California, dedicated to accelerating small businesses to catalyze growth and wealth creation for communities in the Bay Area. Established in 1996, ICA provides coaching, connections, and capital to entrepreneurs in the San Francisco Bay Area, focusing on supporting businesses led by women and people of color. ICA’s portfolio includes a diverse range of companies such as Pilotly, Cupcakin’, and B.T.R. Nation exemplifying ICA’s commitment to supporting businesses that contribute to the local economy and community.

Role Summary:

Reporting into the CEO, this role is responsible for developing the investment strategy and leading investment activities, managing investments in portfolio, and assisting in raising investment capital through fundraising with endowments/foundations. Oversees and builds a dynamic team of six professionals to achieve stated outcomes and organizational commitments. This role combines strategic leadership, investment, and financial expertise with a deep commitment to social impact and community development.

Candidate Profile:

● Education: MBA preferred but not required.

● Years of Experience: Transactional experience in private equity & venture capital, commercial debt, and/or hybrid capital for early-stage businesses. 15+ years of a demonstrated track record with at least 7 years of that in private equity or venture capital including successful exits. Experience investing in small businesses is strongly preferred.

● Strong financial expertise with the ability to analyze potential investments, conduct financial analysis, and develop strategic investment plans.

● Commitment to ICA’s mission: A leader who sees investment as a means to catalyze the opportunity for wealth creation in our communities. A vision of transforming the financial system to be more inclusive and to create economic opportunities for all.

● Exceptional people leadership and collaboration skills: The CIO will lead the investment team, manage multiple stakeholders, gain buy-in, and ensure support within the organization and externally.

● Willingness to be active and available to the team and our portfolio of entrepreneurs.

● Strong impact orientation: prioritizing the path to maximizing financial and social results.

● Integrity: Impeccable integrity and credibility.

To apply please submit resumes to jack.marshall@divsearch.com