Investment Associate

Play an active part in creating a sustainable future by joining Climate Fund Managers' team based in Cape Town, South Africa.

Climate Fund Managers (CFM) is a leading blended finance fund manager dedicated to securing a sustainable future by investing across global emerging markets. CFM has a long-term vision to structure cutting edge financing facilities around thematic areas of climate change mitigation and adaptation, including renewable energy, water, sanitation, and oceans. CFM is established as a joint venture between the Dutch development bank FMO and Sanlam InfraWorks – part of the Sanlam Group of South Africa.

We provide financing solutions across the entire project lifecycle (development, construction, and operational stages). With our offices in The Netherlands, South Africa, Singapore, and Latin America we believe in a world where sustainable investing and profitability are not mutually exclusive.

The role

We are seeking an Investment Associate  to support CFM in the establishment of Climate Investor Three (CI3). CI3 is envisaged to be a US$ 3.0 bln Energy Transition blended finance vehicle, investing in renewable energy and the green hydrogen value chain.  Using water and renewable energy as its key inputs, green hydrogen and its derivatives are a natural extension to CFM’s existing suite of funds. Importantly, green hydrogen is expected to play a key role in the future energy mix, addressing climate mitigation needs for hard-to-abate industries and forming a key driver for the global reduction of greenhouse gas emissions.

The role will be based in South Africa (Cape Town).

Key Duties and Responsibilities

• Perform financial due diligence and analysis on prospective projects
• Support investment team across all facets of deal activity and process life cycles
• Evaluating prospective projects based on the fund’s investment policy and mandate
• Prepare and maintained project finance-based financial models for investments including return analysis, investment value drivers, sensitivity
• Analyses, and refinancing and exit scenarios
• Financial analysis of potential financing and investment structures
• Preparation of reports and information memoranda and prospectus
• Presentation to potential and current investors on specific investments
• Developing and negotiating investment agreements and equity
• Documents including joint development agreements; shareholders
• Agreements; equity instruments (ordinary shares; preference shares;
• shareholder loans; mezzanine instruments).
• Drafting MOUs, joint development agreements and investment term
• Carrying out due diligence on potential investments
• Preparation of investment proposals for the investment committee
• Liaising with fund managers, company managers, external legal, financial, tax and technical advisors to execute and/or monitor an investment
• Conducting market research on the industry and gather market
• intelligence to support investment strategies and or assessment of investment opportunities
• Participating in financial briefing provided by the investment managers, internally and externally.
• Manage processes associated with compliance, governance and internal approvals in compliance with relevant regulations.
• Any other ad-hoc duties as may be assigned

Qualifications & Experience

• Must possess a Bachelors Degree in business or commerce, finance
• Post Graduate degree preferred
• Advanced excel skills
• Advanced project finance financial modelling skills
• Experience in Private Equity, Investment Banking or M&A advisory
• Infrastructure experience
• Excellent knowledge of financial markets and instruments
• Good working knowledge of key commercial statutes and regulations
• 3-5 years’ experience in relevant field
• Basic understanding of the products offered by CFM and their benefits
• A passion for sustainable investing and emerging markets

Competencies

• Devotion to quality
• Performing under pressure
• Results oriented
• Organisational sensitivity
• Commercial drive
• Service oriented
• Analysing and forming opinions
• Market orientation