PIM Associate Principal
Johannesburg, South AfricaFull-timeMid · 5+ yearsH1B likely
About this role
Edge Growth Ventures manages one of South Africa's leading Impact Funds, backing high-growth, early-stage businesses that create meaningful employment and economic inclusion across the country. We invest in exceptional founders and support them with capital, expertise and networks to scale. We are looking for a Post Investment Associate Principal to manage and grow a portfolio of impact investments for an industry leading Impact Fund managed by Edge Growth Ventures. Be able to run with the day-to-day portfolio management responsibilities, portfolio value creation and the strategic oversight and ownership of the active portfolio and underlying SMEs. Key Responsibilities: Strong and Collaborative Leadership · Deliver value-added assistance to portfolio companies, and support team with their portfolio companies in: o Detailed financial analysis / modelling o Assistance in strategy development o Execution management o Business building support o Access to new markets o Raising capital · Assume full responsibility for the allocated investee/s from deal team handover to exit. · Help ensure that financial reporting, systems and processes of investees within the portfolio meet required standards across the portfolio. · Develop and deliver special projects to unlock value across the portfolio, including company restructures and turnarounds. · Preparation of regular portfolio updates to the relevant stakeholders, and represent the Fund Manager in stakeholder meetings presenting on the Portfolio. · Own the preparation, oversight, and critical review of follow-on funding requests from portfolio companies, including preparations and investment proposals to the Investment Committee, assessing rationale, structure, timing and mandate fit. · Drive performance and meet scorecard targets for the Portfolio. · Assist in the preparation of consolidated portfolio review reports / dashboards. Monitoring and Compliance · Assist with the preparation of all monitoring & compliance related information and deliverables of the portfolio. Legal · Ensure effective management of investee company non-compliance and recommendation for enforcement & / or rectification. · Oversee the legal resources for any PM-related legal amendments within the portfolio. Governance · Ensure effective governance and best practice within investees companies. · Help ensure effective governance at a Fund Level. Growth Support · Provide oversight and ownership of all Growth Support initiatives and interventions, and take a portfolio wide strategic focus. Operations and Admin · Assist in improving internal; processes, procedures and policies to improve portfolio management delivery within the underlying Fund. Requirements Qualifications · An MBA, CA(SA) or CFA degree would be advantageous · Postgraduate degree with a strong problem solving (e.g. Engineering, Actuarial Science, Statistics, Finance, Business Science, BSC), and / or finance underpinning Experience · Primary: +5 years Impact / Venture capital investing experience, preferably in the post-investment environment. · Secondary: 5+ years in a non-post-investment role in Audit, private equity or related.
