Investment Principal, HealthTech

About Mubadala Capital

Mubadala Capital is a global alternative asset management platform that manages, advises, and administers over $755 billion in assets for clients and limited partners through its core alternatives businesses and strategic partnerships. As a subsidiary of Mubadala Investment Company, Mubadala Capital combines the scale and stability of sovereign ownership with the agility and focus of a performance-driven global alternative asset management firm.

Mubadala Capital's core alternatives businesses manage and invest over $60 billion in assets across private equity, special opportunities with a focus on Brazil, credit, and venture capital, as well as Solutions and co-investment platforms. Additionally, Mubadala Capital maintains a portfolio of strategic businesses and partnerships in private wealth, public credit, insurance, and real estate, among other areas.

Mubadala Capital’s values—ambitious, responsible, resilient, and respectful—define not only how the firm invests, but also how we operate and make decisions every day. From how we lead to how we hire, these values reflect a commitment to excellence, integrity, and partnership, and serve as the foundation for the firm’s global culture and long-term success.

With more than 250 professionals across offices in Abu Dhabi, London, New York, Rio de Janeiro, and San Francisco, Mubadala Capital serves as a partner of choice to institutional and private investors seeking differentiated risk-adjusted returns across private markets.

For more information, visit our website at www.mubadalacapital.ae or find us on LinkedIn.

Position Overview

The Investment Principal will play a key role in advancing Mubadala Capital Ventures’ HealthTech investing effort. The Ventures team backs exceptional founders building transformative businesses, and its healthcare practice has invested in over 50 companies across biopharma, healthcare services, and HealthTech. The HealthTech practice focuses on technology-enabled businesses transforming how healthcare is delivered, accessed, financed, and operated, including opportunities across software and AI, data and infrastructure, technology-enabled care delivery, and other emerging healthcare technologies.

Reporting to Mubadala Capital’s Healthcare Investment Team Leadership, the Investment Principal will develop investment theses, source and evaluate opportunities, lead and support commercial, technical, market, and financial due diligence and underwriting, and contribute to the ongoing management of portfolio investments. The role combines deep healthcare industry understanding, technology and business-model judgment, and institutional investment discipline. This position offers a meaningful opportunity to lead new investment opportunities, work closely with founders building the next generation of HealthTech companies, and further strengthen and scale the HealthTech investment platform within the Ventures team.

Key Responsibilities

Developing Investment Theses and Supporting New Investments

• Lead development of investment theses and priority areas across HealthTech subsectors and business models, drawing on market mapping, competitive analysis, and technology evaluation.
• Translate investment theses into prioritized company maps and actionable sourcing strategies.
• Originate high-quality opportunities through founder, operator, industry, customer, and investor networks, as well as targeted outbound sourcing and inbound screening.
• Lead commercial, technical, market, regulatory, and financial diligence, including customer and expert engagement, assessment of products, operating metrics, unit economics, and go-to-market models, and valuation, returns, and scenario analysis.
• Lead investment processes from diligence through execution, including drafting investment memoranda and Investment Committee materials and coordinating internal and external workstreams.

Portfolio Management and Support

• Build strong relationships with portfolio company management teams and engage on key strategic, commercial, organizational, and financing priorities.
• Monitor portfolio investments against underwriting, including operating and financial performance, key commercial milestones, financing needs, follow-on rounds, key risks, and potential exit paths.
• Contribute to quarterly and semi-annual portfolio reviews and related internal reporting.
• Represent the firm, where applicable, on portfolio company boards or as a board observer.

Platform Development

• Maintain a strong network across the HealthTech ecosystem to support sourcing, diligence, and market intelligence, including healthcare providers, payers, employers, life sciences companies, technology leaders, founders, and operators.
• Represent Mubadala Capital at relevant healthcare, technology, and industry conferences, events, and workshops.
• Develop thematic research and thought leadership to inform investment strategy and identify emerging areas of opportunity.
• Support and mentor junior team members, helping to develop their healthcare, technology, and investment judgement.
• Strengthen the HealthTech investment platform through improved sourcing infrastructure, diligence and underwriting frameworks, market and expert networks, portfolio monitoring, knowledge management, and reporting processes.

Qualifications & Experience

• 8+ years of relevant healthcare, technology, and investment experience.
• Experience across venture capital, growth equity, or private equity with a focus on HealthTech, healthcare services, or healthcare technology. Candidates with equivalent experience in healthcare operating roles, corporate development, strategy, investment banking, or consulting, complemented by direct exposure to investing, will also be considered.
• Bachelor’s degree required; an MBA or other relevant advanced degree is preferred but not required.
• Track record of contributing to investments across the life cycle, from sourcing and thesis development through due diligence, underwriting, execution, and portfolio monitoring, with the ability to lead complex workstreams and support investment decision-making.
• Deep understanding of the healthcare ecosystem and the role of technology in transforming care delivery, workflows, access, outcomes, and cost, with strong knowledge of relevant HealthTech business models and market dynamics.
• Working knowledge of healthcare reimbursement, regulatory, data, privacy, and commercialization considerations relevant to HealthTech investments.
• Strong understanding of the investment process, including the ability to lead commercial and technical due diligence, valuation, financial underwriting, and Investment Committee preparation, and to translate market, product, and operating insights into sound investment judgement.
• Strong research and analytical skills, including advanced financial modeling, valuation, returns analysis, and assessment of operating metrics and unit economics.
• Willingness to support and mentor junior team members.
• Excellent written communication and presentation skills.
• Highly organized and diligent about documentation.

Mubadala Capital is proud to be an equal opportunities employer. We are committed to providing an inclusive environment for our colleagues and recognize the important role that diversity of talent plays in the workplace. All applicants are welcome and will be given equal consideration, without attention to race, religion or belief, sex, sexual orientation, gender, disability, marriage and civil partnership, pregnancy and maternity, or age.