Overview
The Principal Investment Officer, FoF will lead the Fund of Funds team, responsible for mobilizing and managing capital for private equity investments in emerging markets. The role involves leading a team, managing investor relations, fundraising, and overseeing equity investment and portfolio management.
Key Responsibilities
- Lead a team of five experienced investment professionals.
- Lead by example to maintain and scale a trusted, high-performance, inclusive, and collegial team culture.
- Encourage team members to excel at their jobs and deliver for LPs, innovate products and solutions, and develop professionally.
- Leverage the expertise of AMC team members and collaborate closely with IFC counterparts.
- Operate as both an individual investment professional and team leader.
- Be a spokesperson for AMC both internally and externally.
- Lead the fundraising of any new AMC FoF product, including developing and drafting PPM and pitchbook materials.
- Manage, coordinate, and participate in investor roadshow presentations.
- Create and manage the data room, and handle DDQs in response to LP queries.
- Build and maintain strong relationships with existing and prospective AMC investors.
- Collaborate with AMC senior leadership, AMC fund teams, and IFC departments on product development, fundraising, origination, and execution.
- Develop and maintain good working relationships with the range of IFC and AMC teams that contribute to AMC’s mobilization mandate.
- Assume immediate stewardship of AMC FoF team's existing sovereign, pension, insurance, and DFI LP relationships.
- Lead the FoF team’s origination, pipeline evaluation, portfolio construction, structuring, and execution of FoF team investment programs.
- Coordinate and proactively manage the FoF team’s existing equity portfolio of funds and co-investments.
- Develop relationships with senior management and serve as an Advisory Board member of investee funds.
- Lead and generate high-quality material for quarterly and annual fund reporting.
Required Experience
A minimum of 12 years of relevant professional experience in a private equity firm and/or a related financial institution, focusing on private investments in emerging markets, of which at least 10 years must have been in a fund of funds role. Substantive fund of funds development experience, including involvement in the design, marketing, and launch of at least two fund of funds vehicles from inception through first close. Substantive General Partner experience, personally originating, underwriting, committing, monitoring, and exiting fund positions and direct co-investments. Strong track record of portfolio management of complex private equity investments, including workouts, GP transitions, secondaries, and end-of-life fund restructuring. Substantive Limited Partner–facing experience, personally developing and managing senior institutional investor relationships, all aspects of fund development and fundraising, day-to-day fund operations, as well as other ad-hoc LP communications. Strong relationship management experience – with internal and external stakeholders sustained over multiple fund cycles with the same counterparties. Familiarity and the ability to work within the operating environment of IFC and/or a comparable DFI. Prior experience operating inside an IFI is strongly preferred. Strong technical skills and experience in emerging markets fund manager assessment, LPA and side-letter negotiation, transaction structuring, valuation, financial modeling, commitment pacing, and portfolio management required. Experience as a Board of Director and/or Fund Advisory Board member across diverse companies, funds, and sectors is required. Participation in manager identification and selection (across PE, VC, and Infra strategies), portfolio construction, and private equity fund management is required.
Qualifications
Master of Business Administration or equivalent degree.