About the Job
We are looking for an Investment Director to lead all aspects of the new fund. Specifically, the Director will originate, perform due diligence on, and execute financing transactions to achieve substantial financial, social and environmental returns. The ideal candidate has strong experience in, and a track record of, investing in Central Europe, preferably in Poland and Romania, including but not limited to sourcing deals and managing investees.
The position is based in Poland or Romania, though candidates based in other Central European countries will be considered. It is expected that frequent travel within and outside the Central Europe region will be required, once and if it is safe to do so.
One of the first tasks of the Director will be to recruit an Investment Analyst to assist in deal origination, structuring, and portfolio management. The Director will work closely with the NESsT Incubation team based in Poland and Romania on deal sourcing, business assistance, methodology, and knowledge sharing.
This is a significant opportunity for candidates looking for an entrepreneurial environment where they can play a leadership role in designing and launching a new impact fund that is part of a long-established social enterprise support organization.
- Source investment opportunities in collaboration with the NESsT Incubation team
- Lead the entire lifecycle of transactions including origination, due diligence and execution in a timely manner
- Oversee investment proposals and present loan deals to the fund’s Investment Committee in line with the fund’s investment mandate and processes
- Develop key impact indicators and ensure data collection processes are in place at portfolio companies
- Monitor and design value creation strategies for portfolio businesses
- Put in place new lending processes and policies
- Recruit, manage, mentor and develop junior staff
- Contribute to the effective communication and awareness building of impact investing strategies among family offices, foundations, multilateral organizations and other key stakeholders
- Participate in fundraising efforts and overall fund business development
The candidate should have a minimum of Senior Vice President or Principal level experience in a lending institution or venture capital firm where they have transactional responsibilities in Central Europe.
We will prioritize candidates from minority backgrounds and with first-hand knowledge as well as expertise of the local context. The candidate should highly value strong intersectional analysis, deep insights into the communities we look to amplify and identification with the mission of the fund.
The candidate should bring the following experience to the role:
- A least 7 years of principal lending or transactional experience (at some point having been trained at a major bank, investment bank or private equity firm)
- MBA or equivalent qualification
- Starting up/managing SMEs or impact investment funds
- Setting and tracking impact metrics
- Financial modelling and analysis, due diligence, loan approval process and monitoring
- Review of financial and legal documentation
- Full investment-cycle experience and track record, including leading, negotiating, structuring, investing, managing, monitoring, and successful existing loan investments of a relevant scale
- Oversight of the deal process and final responsibilities for all deliverables, including investment memoranda and transaction documents.
- Management of deliverables to the organization’s Investment Committee
- Acting as the principal negotiator for transactions
- Responsibility for the performance of portfolio versus plan
- Responsibility for the Fund’s overall strategy and growth plan with NESsT management and investors
- Interaction with external capital providers to gain support for investment financing
- People management: hiring and training of the Investment Analyst
Applications are reviewed as they are received.
NESsT is proud to be an equal opportunity employer committed to identifying and developing the skills and leadership of people from diverse backgrounds.
NESsT invests in enterprises supporting job creation in emerging economies. Since 1997, NESsT has invested in 200 enterprises that have impacted the lives of 700,000 individuals. The organization operates in Central Europe from offices in Poland and Romania, and also has offices in the U.S., Latin America, and the United Kingdom.
Dreilinden is a Hamburg-based foundation dedicated to advancing societal acceptance of gender and sexual diversity. Founded in 2007, Dreilinden has been at the forefront of supporting sexual orientation, gender identity and expression, and sex characteristics with grants and investments.
NESsT invests in enterprises that create quality jobs for underserved communities while sustaining the planet. Founded in 1997, our capital and business services to 200 entrepreneurs has led to the creation of 70,000 employment opportunities and the improvement of 670,000 lives for members of underserved communities.
NESsT is launching a new impact fund dedicated to supporting job creation for underserved individuals in Central Europe. The fund will provide mezzanine financing to high-impact enterprises dedicated to facilitating the employment and career prospects of underserved groups from the LGBTQIA* communities and other people facing multi-marginalisation. Geographically, the Fund will focus on Poland and Romania. Opportunities in other countries in Central and Eastern Europe will be assessed on a case-by-case basis.
The fund is managed by NESsT in partnership with Dreilinden.
The fund provides mezzanine financing that will be structured in the form of loans and revenue-sharing agreements. Ticket sizes range from €200,000 to €800,000 and target businesses not well served by the traditional financial system because of their social missions.