As the head of the investment team, the position holder will contribute to the growth of Nabo’s business in the following ways:
Developing and leading implementation of dynamic, short- and long-term cross-asset investment strategies and by active deal sourcing to support this
Growing AuM via compounding (investment performance) and actively selling Nabo’s investment solutions
Developing new capabilities in private markets and real estate,
Building the team's capability to deliver the business agenda
Summary:
This position has oversight and direction of the global investment portfolio, including investment approach and quality control; also chairs Nabo’s investment council. The incumbent will be responsible for fundraising and client relationship management responsibilities working with the MD and Business Development team. The incumbent will also take charge of the continued development of investment processes at Nabo including building teams to venture into new capabilities, management and development of a team of investment professionals
The main responsibilities include:
Deal Execution
Co-ordinate and chair investment council meetings to develop cross-asset portfolio strategies, review and structure prospective investments and to monitor portfolio performance and investment progress
Lead and support the investment team in their work to source, develop, structure and monitor portfolio investments (deals) with increased focus on successful exits
Capital allocation decisions by potential of investment opportunities
Evaluate and review deal-flow and pipelines against investment strategy, risk budgets and other investment criteria
Form relationships with 3rd party service providers, banks, stock brokers and dealers
Strong Track Record – Content and Return:
Ensure that the portfolio investment processes by asset-class are specific, efficient and followed. Propose adjustments and refinements to existing processes as necessary
Ensure that investment and portfolio performance is routinely assessed and measured against appropriate benchmarks and target rates of return, and that detailed attribution/monitoring reports are prepared on regular basis
Fund Raising:
Work with the MD and Business Development teams to raise funds and execute on fund offerings
Identify new sources of capital and play an active role with investors on both fundraising discussions and in client relationship management
Build Authentic Africa Footprint
Build strong local structures to support “Boots on the ground” approach to investment and research, with development of strong local advisory panels and partnerships with local research teams and peer-to-peer networks, leveraging on our broad network
Annual travel plan that maximizes time spent in key external markets with best use of budgeted resources
Risk Management & Compliance
Ensure compliance of statutory/regulatory requirements
Ensure adequate monitoring of investee/portfolio companies
Monitor implementation of investment and risk management policies in line with client mandates
Recruit & Retain Best Talent
Work closely with individual investment team members to coach them in cross-asset sourcing, diligence, deal structuring/execution and portfolio monitoring
Minimum Qualifications
Bachelor’s degree in Financial Economics, Financial Engineering, Finance, Actuarial Science or related (an aptitude for numbers is a must for candidates with a non-finance background)
Enrolled in or pursuing a related professional course and/or exams (CFA, ACCA, CAIA, CQF)
Fluency in Excel spreadsheets
Minimum 6 years in a similar role/industry
Hands on experience in Fund set up and management
Excellent customer relationship management
Experience in investing in Africa
Excellent team leadership
Nabo Capital is an Equal Opportunity Employer
