Associate Fund Principal

SUMMARY:
-

POSITION INFO:

Purpose of the role:

As part of the Multi-Management: Private Markets team; the incumbent will assist the Head of Multi-Management: Private Markets in providing leadership and strategic vision for the fund investment business.

Duties:

• Deal sourcing - proactively identify investment partners and opportunities
• Deal screening - desktop analysis of investment opportunities
• Preparation of preliminary scoping reports
• Lead the transaction team through the whole investment process
• Conduct and coordinate due diligence on potential investment opportunities
• Participate in structuring and pricing of transactions
• Participate in negotiation of term sheets
• Preparation of appraisal reports
• Review and comment on transaction agreements
• Participate in the implementation and disbursement process
• Lead the handover of approved transactions to various divisions including portfolio management
• Ongoing monitoring of a portfolio of funds, including review of quarterly reports, valuation, risk management, compliance, and reporting
• Participate in the exit process for transactions

Requirements:

• Relevant postgraduate qualifcation or relevant NQF 8 equivalent qualification
• Masters degree, MBA, etc, CFA or CA(SA) would be advantageous
• 8 - 10 years’ experience in investment industry. Fund of Funds or Multi-Management: Private Markets experience would be advantageous
• Previous transaction experience
• Private equity industry knowledge
• FAIS RE 05 Certificate or must be obtained within 6 months of employment

Competencies and skills:

• Investment Analysis
• Strong transaction execution Skills
• Basic Financial Modelling Skills
• Planning and Organising Skills
• Time management
• Research and Analytical Skills
• Commercial Skills
• Writing and Presentation Skills
• Interpersonal and Communication Skills
• Negotiation and Deal Structuring
• Problem solving