Investment Officer, Africa Catalytic Impact Facility (ACIF) at Mastercard Foundation

WAYS YOU CAN CONTRIBUTE

We are seeking Investment Officers to join our team and play a pivotal role in the build out of ACIF and its early investments. The position offers the opportunity make, manage and eventually exit direct investments in African champions. Investment Officers will also have the opportunity to work on intermediated investments, including fund commitments, co-investments and creative investment products to catalyze third party capital. As a core team member, you will be instrumental in shaping the future of ACIF, the clients and companies, and the African youth we serve. More specific responsibilities include:

• Evaluating and executing direct investments in African firms positioned to deliver on ACIF and the Foundation’s objectives.
• Analyzing investment opportunities, including developing and testing assumptions, building financial models, assessing historical performance and developing and drafting investment memorandums.
• Developing valuations, investment structures and key terms of investments, in collaboration with the ACIF team.
• Deep analysis to test and refine investment cases, and defend assumptions, forecasts and investment theses to the broader ACIF team and Investment Committee.
• Working with financial, legal, tax, and impact advisors to undertake due diligence of investment opportunities.
• Supporting the execution of transaction processes, including legal documentation, required transaction structures, overseeing meeting of conditions precedent, and closing.
• Working with management teams to develop and align on forecasts – both financial and impact.
• Supporting the creation of innovative investment structures to achieve ACIF’s objectives, particularly of sustainable job creation.
• Supporting management teams to sustainably grow operations and create dignified employment opportunities as well as to deliver on growth and expansion objectives, M&A, product or services growth, etc.
• Ensuring appropriate reporting and performance against investment theses of the portfolio.

WHO YOU ARE

Education & Experience

• Bachelor’s degree in finance, economics or an associated field from a recognized master’s degree or CFA preferred.
• Minimum of 5 years' work experience, with at least 3 years' experience in private equity or private credit investing, with a strong preference for investments in Africa.
• Understanding of investment fundamentals, key drivers of major African markets, and risks of operating in complex markets.