Bridge

PIDG – CEF Investment Manager

Posted

30 May 2024

Expiry

10 June 2024

Location

London

Department

Credit Enhancement Facilities

About the role

Building on a pioneering track record of integrating climate and inclusion considerations in infrastructure investment, we launched our 2030 strategy in 2023, which makes action on climate and nature, together with sustainable development through new and improved infrastructure, the central purpose of all we do. Reporting to the Group Credit Enhancement Facilities Director (“GCEFD”), the primary purpose of the Credit Enhancement Facilities Investment Manager is to work on the development of, and investment into, new local/regional credit enhancement facilities (“CEF”).

 

The focus of the role is to enable CEF deployment acceleration by centralising all PIDG CEF activity into one team with autonomy and authority to execute transactions. Having developed three CEFs it was recognised that a more coordinated and formalised process was required. The GCEFD is now in place to lead a team that cuts across the companies and is able to identify, develop and deliver new CEFs in both sub-Saharan Africa and Asia.

 

We are now seeking to recruit an CEF Investment Manager within the PIDG Group who will work with the GCEFD and deal team resources in the various PIDG Companies (namely TA, InfraCos and GuarantCo) to develop and implement new CEF initiatives.

About PIDG

At the Private Infrastructure Development Group (PIDG), we get infrastructure finance moving and multiplying – accelerating climate action and sustainable development where most urgently needed. We work with public and private partners to bridge financing gaps, directing capital and expertise into projects that promote climate resilience and sustainable growth. Working throughout the project lifecycle, we reduce financial risk, transform markets, and build local capacity, creating a deep and lasting impact.

 

We are a group of companies that work together to improve lives throughout south and south-east Asia and Africa. Active since 2002, more than 50% of our investments have been either in countries classified as Least Developed Countries or Fragile and Conflict Affected States. These are the countries where infrastructure gaps are the largest and most urgent and where the population is youngest and growing fastest. These are also the countries that contributed the least to climate change and yet are suffering the worse impacts, in some of the regions with the richest biodiversity left on the planet, which is quickly being depleted.

Role and responsibilities
  • Originate and evaluate new CEF projects, undertake due diligence, structure and negotiate commercial terms, finalize and execute investment agreements utilising and collaborating with appropriate teams from across the PIDG Group.
  • Produce marketing materials on CEF initiatives to present to stakeholders.
  • Manage engagement with consultants conducting feasibility studies, reviewing work and providing feedback.
  • Produce investment memorandums for CEFS to present to stakeholders as part of the investment process.
  • Manage PIDG Technical Assistance grant application processes to support CEF development work.
  • Support the development of business plans for CEFs (both in country and the initiative overall).
  • Coordinating and managing in country stakeholder relationships.
  • Driving workstreams in markets including capacity building events, achieving regulatory sign off, sourcing and onboarding co-investors, etc.
  • Drive internal processes including; drafting and presenting investment proposals, liaising with relevant internal teams and managing their input.
  • Assist with fundraising activities, undertake due diligence, structure and negotiate commercial terms, finalize and execute investment agreements.
  • As the team grows, coach and manage analysts
  • Work with colleagues across the group to stimulate learning on CEFs internally and in the market, as part of PIDG SDI learning strategy and under the PIDG Institute banner.
Qualifications and education requirements

Degree educated (Sciences, Finance or Economics preferably)

 

Skills

  • Experience in the credit markets and products, ideally including guarantees.
  • Thorough understanding and experience of corporate, project finance and financial institutions.
  • Expertise in creating new businesses, either within an organisation or new ventures.
  • Proven experience of successfully transacting in African and Asian markets.
  • Experience of leading and closing fund raising initiatives (desirable).
  • Strong relationship management skills and the ability to manage multiple stakeholders effectively across the public and private sectors.
  • Strategic thinking and problem solver.
  • Cognitive agility and ability to handle complexity and ambiguity.
  • Proven ability to drive innovation and continuous improvement.
  • Demonstrable ability in managing and mitigating risk.
  • As the role involves creating new startups, a proactive and entrepreneurial spirit is essential
How to apply

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