Investment Executive, Consumer & Business Services
CDC is the world’s first development finance institution (DFI). Created in 1948, we are wholly owned by the UK Government. Today we invest in Africa and South Asia with the aim of supporting economic development and prosperity so that countries can finance their own way out of poverty.
Commercially rigorous, we invest to achieve impact. We therefore focus our investment on sectors that create the most jobs, or that help to provide a strong foundation for a flourishing economy. These are manufacturing, food and agriculture, infrastructure, financial institutions, construction, health and education. You can read more about the development impact we achieve in our Annual Review.
We have net assets of £6.5 billion, and are growing our portfolio. We are also broadening our approach to impact by looking at new ways to deploy our capital and new ways to drive impact within each investment. We are also growing our presence in regional markets, and expanding our ability to mobilise other investors.
We employ great people who are motivated by our mission. We seek a culture of inclusivity and diversity to support the execution of our mission.
The Consumer Businesses Group covers healthcare, education, retail & business services investments.
Our typical equity investment is $20-200m of growth capital for the expansion of profitable companies with high quality management, although we do invest in exceptional earlier-stage companies when they are the leading players in the development of a rapidly growing new market.
Our investments are purely in Africa and South Asia (SAARC), and we have a particular focus on businesses that are in or expanding to the poorer parts of those geographies as well as businesses with the potential for substantial job creation.
There are 5 levels in the team – Associate, Executive, Manager, Director & Team Leader. However, the team is very flat and people at all levels are involved in the real detail, and in representational work, both to Investment Committee and externally.
There are 3 parts of the job (at all levels):
- Origination – sector mapping, finding & evaluating investment opportunities, and building and maintaining relationships with companies.
- Execution – analysing companies in detail, conducting due diligence, navigating the Investment Committee process, agreeing legal terms.
- Portfolio management – analysing companies in detail, preparing for Board meetings, helping the companies wherever we can, preparing for follow-on investments, roll-ups and/or exits.
At Investment Executive level, you will spend the majority of your time on execution; by the time you are a senior Investment Executive you should be able to run with most of the execution stages largely unassisted. You will also be given some sub-sectors where you are responsible for origination, and play a key role in portfolio management.
We are looking for candidates that will deliver from day one and who have the drive, ambition and tenacity to progress through the ranks.
Typically, candidates will have a solid grounding in fundamental analytics (financial / commercial analysis, valuation, financial modelling) from private equity, investment banking or strategy consulting. The successful candidate will likely have at least 5 years work experience; an MBA, or similar, is helpful.
Over and above quantitative skills, analytical rigour and attention to detail, the softer skills we are looking for include: (1) ability to look at complex problems and get to the root of the issue, (2) ability to build relationships with companies, (3) ability to communicate clearly on paper and in person, and (4) ability to multi-task.
Candidates will also need to evidence previous experience working in, or demonstrable passion for, Africa or South Asia, or at the very least an understanding of emerging markets.
Candidates should be strongly motivated by CDC’s development mission and ideally demonstrate some commitment to development or social goals through previous executive or non-executive activity