Outer Range VC
Venture Capital Fund Manager — National Security & Defense Technology
Outer Range VC is seeking a Venture Capital Fund Manager with direct, prior experience leading and managing venture capital funds. Candidates must have actual VC fund management experience, including raising LP capital, managing fund operations, overseeing a portfolio of companies, reporting to LPs, and driving day-to-day fund strategy.
This is not an investment analyst, advisor, operator, or business development role. Qualified candidates should have recently served in a senior fund management role at a venture capital firm or comparable private investment fund. You should have recent investment experience and your portfolio development should be within the last 5 years.
Company Description
Outer Range VC is an early-stage venture capital firm focused on national security, defense, and deep technology. We back innovative founders building high-growth technology and tech-enabled businesses with strong product-market fit, scalable business models, and experienced leadership teams.
The firm combines capital with strategic guidance, operational support, and a broad network of industry, government, and investor partners to help portfolio companies scale.
Role Description
The Venture Capital Fund Manager will oversee fund strategy, fund operations, portfolio management, investor relations, and fundraising support in a full-time, remote role.
Key responsibilities include:
- Leading day-to-day management of the venture fund.
- Managing an active portfolio of companies and monitoring performance.
- Supporting portfolio companies with strategic guidance, financing strategy, and growth planning.
- Sourcing, evaluating, and diligencing new investment opportunities.
- Conducting financial, market, competitive, and technical analysis.
- Leading investment committee preparation and capital deployment recommendations.
- Coordinating follow-on investment decisions.
- Preparing LP reports, investor updates, and fund performance materials.
- Maintaining strong relationships with LPs, founders, co-investors, and strategic partners.
- Supporting current and future LP fundraising efforts.
- Ensuring fund governance, compliance, and reporting processes are executed effectively.
Required Qualifications
- Mandatory prior experience managing one or more venture capital funds.
- Demonstrated experience raising LP capital or materially supporting institutional fundraises.
- Direct experience managing a portfolio of venture-backed companies.
- Experience with fund operations, LP reporting, governance, compliance, and limited partnership structures.
- Strong investment judgment, financial modeling, and market analysis skills.
- Proven ability to source deals and lead structured due diligence.
- Experience making or recommending capital deployment and follow-on financing decisions.
- Excellent written and verbal communication skills, especially for LP updates, investment memos, and fund reporting.
- Ability to build trusted relationships with founders, LPs, investors, and strategic partners.
- Strong organizational skills and ability to operate independently in a remote environment.
Preferred Qualifications
- Prior experience managing two or more funds with demonstrated returns.
- Experience investing in or supporting deep technology, defense technology, dual-use technology, national security, aerospace, AI, autonomy, cyber, energy, or advanced manufacturing companies.
- Existing network across national security, defense, government, or dual-use technology ecosystems.
- Bachelor’s degree in Finance, Economics, Business, Engineering, or a related field.
- MBA, CFA, or similar advanced credential is a plus.
Location
Preferred in the Northern Virginia, Washington D.C. Region with Remote work options, full-time.
Ideal Candidate
The ideal candidate is an experienced VC fund manager who has already led or helped lead a venture capital fund, managed LP relationships, overseen portfolio performance, supported fundraising, and made disciplined investment decisions in high-growth technology markets.