We’re hiring!

23 April 2019

Investment Associate

Location

Cape Town (with travel)

Background/ Role motivation

Goodwell Investments is a social mission driven pioneering investment firm which, through the means of private equity, promotes financial inclusion, fintech and inclusive growth in sectors providing basic goods and services and income generation opportunities to the underserved (e.g. in agri, logistics and mobility, education, health care, energy and financial sector). The company has a high touch investment approach, providing active support to fast growing highly scalable businesses. The company prides itself on its inclusive non-hierarchical culture and collaborative approach to work.

Goodwell has invested equity in early stage businesses in financial services and technology companies in India and Africa, ranging from classical microfinance to mobile payments, rural banking, affordable housing finance to merchant payment networks and public transport technology. The business is in the process of raising their fourth fund, focused on inclusive growth across Sub-Sahara Africa.

Their teams are based in Amsterdam, Lagos, Nairobi and Cape Town. The new fund will enable it to triple its portfolio in the next three years. Hence the need for a senior individual to join the team in Cape Town to build his/her own portfolio of start-ups, support the team in the execution of their duties and guide them on business processes.

Position summary

The Investment Associate is tasked with building up and managing a network of key relationships within the private sector to generate investment opportunities for Goodwell Investments in Southern Africa. Deal origination, deal making and investment oversight is required, with a strong ‘hands-on’ approach to ensure that businesses within the portfolio are appropriately supported to realize their growth potential and meet their impact and profit objectives.  The role also involves realizing exits to generate returns for the investors, in a 5-7 year investment cycle.

The individual will also undertake and assume ongoing mentoring and development support within the team of investment professionals, all with the aim of expanding the business and achieving its aim of inclusive, sustainable growth.

Key responsibilities

  • Actively working with portfolio companies post-investment to drive business growth, and to support businesses in operational, strategic and financial matters, and in raising growth capital
  • Supporting portfolio companies through change, growth and emerging market challenges
  • Source, evaluate, develop, negotiate and close deals that support inclusive growth
  • Conduct and co-ordinate due diligence processes for the business’ investing activities
  • Review financial and business plans, prepare investment committee documentation
  • Mentor and guide a team of Investment professionals through the investment process, both formal and informal
  • Business development with the objective to build a strong pipeline of potential investment opportunities, co-investors and potential exit opportunities
  • Coordinate transaction team and transaction execution and closing
  • Create a community of potential board members, and coordinate the activities of portfolio board members 

Personal attributes

  • Pragmatic
  • People’s person with excellent networking and relationship building
  • Passionate and empathetic, demonstrated drive to address economic inequalities
  • High entrepreneurial, “can-do spirit”
  • Understanding the complexities of investment dynamics and able to navigate across different investment fields and industries, as well as corporate and social sector
  • International mindset, reflecting open-mindedness, cross cultural tolerance, and willingness to adapt or change
  • Good communication, interpersonal, persuasive and negotiation skills
  • Confident and resilient

Skills and experience

  • Operational and/or entrepreneurial experience is preferred to primarily transactional expertise
  • Honours Financial degree or equivalent
  • 5-8 years’ experience, of which at least some is within the Private Equity or Investment Banking space (mergers and acquisitions, corporate finance or project finance)
  • Excellent communication skills both verbal and written, especially business and proposal writing
  • Chartered Financial Analyst (advantageous)
  • Board experience (advantageous)
  • Previous experience in a Big Four or strategic advisory firm (advantageous)

Unique selling points

  • Contributing to the exponential growth of impactful businesses improving people’s daily lives across the African continent
  • The opportunity to work with business entrepreneurs and to help them navigate a path for commercial and social impact in high-growth sectors
  • Promoting financial inclusion and inclusive growth of the communities that need it the most, thereby bridging the inequality gap
  • Clear career path towards partnership as part of a pan-African team that will carry the growth of the firm forward
  • Regular travel as part of business development and investment negotiations

Please send your CV and all supporting documents to info@goodwell.nl

Goodwell Investments BV

Amsterdam, The Netherlands
Herengracht 201 | 1016 BE Amsterdam
(+31) 85 273 7462 | info@goodwell.nl | @Goodwellinvest

Nairobi, East Africa
96 Riverside | Riverside Drive | Allianz Plaza-2nd Floor

 

Cape Town, South-Africa
19 Kent Street | Room 209 Salt Circle, Salt River
(+27) 21 4475949