PEFCO Investment Associate or Executive - Industries, Technology & Services Group at British International Investment

Responsibilities

Overall responsibilities will be driven by priorities and needs of the team at the time, but are expected to include some or all of the following:

• Work with senior investment professionals in the management of portfolio funds and co-investments, including actively monitoring the financial performance and development impact of investments and their compliance with BII’s investment policy
• Member of deal team that sources, analyses and executes new proposals to invest in funds and co-investments, with the objective of selecting investments with the highest potential for financial and developmental impact
• Evaluating new investment opportunities which will meet BII’s objectives under its impact framework, including utilising BII’s internal tools for mapping proposals
• Completing discrete due diligence tasks such as investee, industry, geographic and economic analysis.
• Identifying transaction risks and how these can be mitigated. 
• Preparing detailed investment papers for presentation and recommendation to investment committee. 
• Travelling to BII target geographies to conduct onsite meetings as required
• Managing the engagement of support teams (Environmental, Social, Business Integrity and Development Impact), ensuring all internal stakeholders can achieve their objectives.
• Reviewing transaction/legal documentation together with the internal legal team and assisting in negotiation process
• Maintaining and sharing up-to-date market knowledge/intelligence, geographic and sector mappings
• With the support of the deal lead, active engagement with fund managers, portfolio companies and other investors related to portfolio issues and ongoing monitoring. 
• Monitoring and reporting on the financial performance, cash flows, compliance, ESG, and any other issues that relate to existing portfolio investments (i) formally, through the review and analysis of quarterly fund reports and supporting the deal lead in portfolio management team, and (ii) Informally, through active engagement with fund managers, other investors and market participants
• Keeping up-to-date deal-flow, deal management and portfolio monitoring databases for transactions covered by the team. 
• Preparing materials and analysis for BII Portfolio Review Meetings
• Processing drawdowns to and distributions from investments alongside support teams
• Taking a pro-active approach to identify problems of under-performance and/or non-compliance and propose tangible solutions.
• Supporting the building an effective network in the funds business as well as relevant sectors in BII’s target markets
• Developing expertise on economic, political and social conditions in relevant BII target markets
• Working in cross-team working groups on various areas of the business e.g. new strategies, internal processes, etc
• Contributing to the onboarding of new colleagues as well as coaching any more junior colleagues

The candidate

Background, aptitude

• Strong academic credentials, preferably including a post-graduate finance qualifications such as MBA, CFA, ACA/CA/CIMA, IMC, or equivalent
• Relevant experience might include working in private equity (direct or fund of funds), private debt, investment banking, financial markets or management consultancy.
• An active interest in investing in emerging markets. Previous experience, especially in Africa and Asia, is desirable
• Candidates should be strongly motivated by BII’s objectives including an interest in development and sustainability issues, as demonstrated through previous experience

The successful candidate should also demonstrate the following aptitudes:

• Results Focus: Drive to achieve objectives/results, desire to learn and willingness to take on feedback
• Personal Effectiveness: Prioritising and managing time to meet agreed deadlines 
• Team Working: Collaboration with own team and the wider BII community
• Influencing/Persuading: Ability to obtain agreement and cooperation in a ‘win-win’ fashion