Job opportunities for financial managers who work for firms that manage funds, trusts, and other financial vehicles will grow by 17 percent, much faster than the average, through 2033, according to the U.S. Department of Labor. The venture capital industry has been growing in recent years and rebounding since the first half of 2020, when the coronavirus pandemic began (although the activity level in the industry is roughly half of what it was at its 2000-era peak). According to the National Venture Capital Association, the number of venture capital firms has increased from 803 in 2014 to more than 3,417 firms by the end of 2023, and there is increasing competition between firms to convince start-ups to accept their investment funds. The NVCA reported that by the end of 2024, U.S. venture capital firms had closed 14,320 deals that were worth $215.6 billion. However, as described in the report, despite the substantial capital that is available to be deployed, market uncertainty, geopolitical instability, and valuation concerns have caused investors to think twice about investing. With so much investment money flowing, however, there will continue to be a strong need for risk managers to identify threats to the success of portfolio companies and ensure a strong return on investment for VC firms.
Venture Capital Risk Managers
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