Senior Portfolio Manager at DevQuest Group

The Senior Investment Manager will be an integral part of DevQuest’s burgeoning Celestine Fund. The Senior Investment Manager will assemble and manage a private equity portfolio of companies in East Africa operating in commercial development, engineering, real estate, construction, agriculture/forestry and energy. The anticipated fund size is from $30 million – $150 million and will utilize ~10% of funds for Venture Capital.

The Investment Manager, likely to be based in Nairobi, is expected to collaborate with Managing Partners, based in Washington, DC, to support the Celestine Fund as a whole as well as pitch prospective investors and brief existing clients regularly.

Core Responsibilities

• In collaboration with management team, lead asset allocation and investment analysis; develop, implement, and monitor liability-hedging strategies and oversee investment risk reporting
• Present asset allocation and portfolio recommendations, and quarterly reviews to clients
• Maintain and enhance quantitative models, addressing key asset and liability characteristics including funded status, investment volatility, scenario testing, etc.
• Keep abreast of developments in the East Africa real estate development landscape, including regulatory changes, risk factors, risk mitigation, hedging strategies, etc.

Qualifications

• BA/BS required, CFA and/or MBA a plus
• 10+ years’ experience managing a portfolio including debt and equity, public and private as well as experience with REITs
• Experience working in venture capital or private equity preferred
• Superior analytical and modeling capabilities
• Deep knowledge of East African capital and real estate markets, especially Kenya and Uganda
• Familiarity with investment fund regulations (funding and accounting), and various investment vehicle
• Experience managing relationships with investors, clients and partners
• Strong interpersonal skills, including excellent oral and communication skills and ability and willingness to work with colleagues across offices and experience levels
• This position is expected to be located in Nairobi or Kampala; some client-related travel is expected