Location: London, UK
Employment Type: Permanent
Closing Date: 31 January 2020
Team and role overview
Recently, CDC has been pioneering a series of new investment strategies (known as Catalyst Strategies), each designed to unlock or accelerate a market in Africa or South Asia that could bring significant development impact. To enable this, each strategy seeks to make a series of catalysing investments and bear more risk at the portfolio level than CDC’s main Growth portfolio.
The Catalyst Funds strategy was one of the initial six Catalyst Strategies. The Catalyst Funds team invests in funds or other intermediated structures that provide significant development benefits through enhancing inclusion for underserved populations, deepening our reach in frontier markets or promoting innovation to address large developmental challenges (see https://www.cdcgroup.com/en/catalyst/ for more information on our Catalyst Strategies).
Since it began investing in 2014, Catalyst Funds has committed more than $200m to fourteen funds, including a venture capital fund targeting breakthrough businesses in East Africa, a number of agribusiness focused funds and the first private equity fund in Afghanistan. We are currently looking at opportunities in various areas with the potential to generate significant development impact, including health, education, agriculture, as well as under climate and gender themes.
While development impact is at the heart of our mandate, this can only be achieved through a robust investment process that identifies which funds are most likely to succeed in executing innovative and often unproven strategies. To do this we employ an exceptional team which is tasked with identifying opportunities, maintaining CDC’s reputation as a rigorous, high quality investor, whilst at the same time pushing the boundaries in terms of the risks that it takes in order to achieve development impact.
The Catalyst Funds team sits within CDC’s Funds and Capital Partnership team (FCP), which manages all of CDC’s fund investing activities – a central pillar of CDC’s strategy. Through the FCP team, CDC is an LP in over 100 funds across emerging markets and is the largest single investor in private equity funds in Africa.
We are currently looking to recruit an Investment Director for the Catalyst Funds team. This individual will report to the Director and Head of the Catalyst Funds team and will be expected to lead new transactions from sourcing to closing, to take responsibility for monitoring a portfolio of existing fund investments, as well as contribute to all aspects of the team’s activities including team management and culture.
Team building, operations and knowledge sharing
We look for colleagues who are
CDC is committed to diversity and inclusion and welcomes all applicants regardless of gender, age, educational background, national origin, ethnic origin, disability, sexual orientation and religion.
Please provide a cover letter with your application.
Role opened: 20 December 2019
Role closes: 31 January 2020