
PORTFOLIO ASSOCIATE, ACUMEN INDIA
Acumen India seeks a committed and enthusiastic Portfolio Associate with 3 - 6 years of experience in management consulting, investment banking, and/or private equity to help build and manage a world class investment portfolio of game-changing enterprises in the Mumbai Office.
About Acumen
Acumen is changing the way the world tackles poverty by investing in companies, leaders and ideas. We invest patient capital in businesses whose products and services are enabling the poor to transform their lives. Founded by Jacqueline Novogratz in 2001, Acumen has invested more than $113 million in 108 companies across Africa, Latin America, South Asia and the United States. We are also developing a global community of emerging leaders with the knowledge, skills and determination to create a more inclusive world. In 2015, Acumen was named one of Fast Company’s Top 10 Most Innovative Not-for-Profit Companies.
About Acumen India
Acumen’s commitment to India began in 2002 when we deployed capital to Aravind Eye Care Systems and then consequently set up our India office in 2006.The Acumen India team is responsible for finding, vetting, and managing investments in game-changing social enterprises that serve the poor in our portfolio sectors: Healthcare, Education, Agriculture and Energy.
About the Role – Portfolio Associate
Acumen India is hiring a Portfolio Associate who will play a key role in growing and managing Acumen’s portfolio in India. You will work closely with the Portfolio team to identify, analyze and structure prospective investments as well as provide ongoing management support to existing portfolio companies.
The Portfolio Associate at minimum is expected to:
Identify, cultivate and execute a pipeline of new investment opportunities
- Build an exhaustive network of relationships (including corporate, entrepreneur, NGO, academic, investor, advisory) to identify new pipeline opportunities for Acumen India
- Conduct due diligence on investment opportunities
- Prepare, present and maintain detailed and compelling investment documentation for Acumen’s Investment Committee and Board of Directors
Develop and implement a post investment management
- Support relationship managers for Acumen India in managing existing investments developing close contact with portfolio company promoters and their senior managers
- Design and evaluate key metrics to measure the social and financial returns on investments
Qualification & Characteristics
- 3 -6 years of relevant work experience. Experience in management consulting, investment banking or private equity/venture capital is required. Understanding of early stage businesses and entrepreneurs is a plus
- Bachelor's Degree is required
- Strong financial and business analysis skills as demonstrated by prior experience
- Excellent written and oral communication skills; ability to present arguments and analysis in a clear and succinct manner to Acumen management, partners and investees
- Dedication to working within the social sector; strong willingness to affect change with an understanding of challenges often encountered
- Permanent work authorization in India
Additional characteristics we’re looking for in all roles at Acumen:
- Commitment to and enthusiasm for the organization’s mission to change the way the world tackles poverty, and respect for our core values: generosity, accountability, humility, audacity, listening, leadership, integrity and respect
- Ability to thrive when there is ambiguity, remain cool-headed when there are curve balls, and withstand the tests of a rapidly changing environment with resilience and resolve
- A sense of humor (really)
Compensation
Acumen offers a competitive compensation package commensurate with experience, including full benefits
Location
Mumbai, India
Application Requirements
Please submit your resume along with a cover letter and responses to the attached questionnaire
Deadline
The deadline to apply for this position is 31st, March 2018 but candidates are encouraged to apply early, as applications will be reviewed on a rolling basis.