National Investment and Infrastructure Fund
Department Investments / Operating Team
Reporting To CEO
LocationMumbai / Delhi
Determine the Investment Strategy of the Fund
Assist in fund raising by pitching the investment strategy and the investment approach to Limited Partners
Experience in all aspects of the fund raising process, including regulatory, fund structuring and documentation. Should have interacted extensively with Limited Partners, both while making presentations for raising funds as well as on an ongoing basis after the fund has been set up.Should be able to address first order questions pertaining to all investments
Able to ide ntify issues pertaining to the overall investment strategy, portfolio risk, HR risk, macroeconomic risks; and take appropriate steps to manage such risksSOURCING
nvestment Thesis / Themes
Identify investment themes and, secure "buy-in" from internal stakeholders
Understand market dynamics, competitive strategies, and business operations, with the ability to formulate a comprehensive investment thesis and also proactively build a deal pipeline around that thesis
New deal development and analysis –validation of industry thesis, development of investment angles, competitive industry and market analysis leading to a recommendationBuilding Relationships and Investment acumen
Contribute to the awareness of the firm through various public forums
Sniff deals, be ahead in deal flow
Be able to source, validate & understand investment risks through network relationships.
Associated with the entire life cycle of private equity investing including leading the origination efforts and holding experience of workingboth with promoter / family run and professionally managed businessesINVESTMENT Deal Structuring
Proficiency in structuring deals to achieve returns / mitigate risks and close the deal
Overseeing business valuations and the analysis of investment opportunities and executing such analysis
Necessary understanding of taxation and accounting matters to evaluate various aspects of a deal
Assisting in negotiations of price and non-price terms on deals and coordinating due diligenceDue Diligence and Closure
Perform reference checks
Ensure risks identified by team / Investment Committee are adequately addressed at diligence stage
Ensure terms secured are with robust security and adequate legal protection
Step in to close the dealFund Performance
To ensure that the minimum defined IRR of the fund is achieved (short-term and long term)
To ensure that all Qualitative & Quantitative Objectives of the Fund are met at all times
To closely monitor the Individual performance of each portfolio investment and closely work with the operating team and operating leads to ensure value creation of the portfolio companiesPOST INVESTMENT AND EXIT
Monitor adherence to commercial terms agreed; timely reporting to Investment Committee an accurate and unbiased view on performance of portfolio including future performance (surprises, shocks etc)
Represent the firm before management teams and make meaningful contributions to portfolio company Board of Directors meetings and other strategy meets.
Intensively involved with portfolio companies, not just at the Board and Committee level but also at a deeper level - in helping them with strategic issues such as managing growth, building teams, restructuring the business, evaluating expansion plans and managing relationships with key counterparties such as lenders, JV partners, service providers etc.
Lead the identification and definition of value creation initiatives across portfolio companies
Serve as a thought partner and leadership resource to portfolio companies by providing guidance in the execution of corporate strategy and value creation initiatives
Monitor the sector and the related investments for exit ideas.TEAM BUILDING
Ability to join a small dedicated team of professionals taking it from inception through to a large corporation. Should be able to manage an investment team and work in the team culture of the organisation.
Recruits, mentors and develops strong team of investment professionals
Ensures team stays motivated, high employee satisfaction scores and low attrition levels
Continuously looks for ways to improve organizational and investment processesKEY SKILLS
Key attributes of the successful candidates would be:
18+ years of overall experience; a minimum 10-12 years of India Private Equity buy-side experience is strongly preferred preferably with the Infrastructure Sector
Strong written and verbal communication skills, knowledge of finance and accounting is required; ability to interact with top management teams is a must
Understanding of business dynamics across key infrastructure sub sectors, characteristics of good investments, and good financial and analytical skills are expected
Outstanding academic background with undergraduate degree from IITs / equivalent qualification, along with post graduate degree in business / accounting from premier institutes
Understanding of key infrastructure sectors and associated issues with key understanding of equity investment in infrastructure projects
Ability to operate with limited supervision. Dedicated team player with a strong sense of ownership; eager to learn and work with others.
Impeccable integrity and committed to core values and ethical business conduct in all business practices.. An entrepreneurial, can-do and collaborative mindset. Understanding of cultural differences and possesses proven cross-cultural skills.
High impact & influence: Ability to influence the Board to take key decisions and interact credibly with the senior leadership and gain the confidence and trust at all levels of the organisation.