Job Description

Position Title: Impact Investment Fund Manager 
Location:  Yemen
Reports To:  Program Director 
Deadline:  September 6, 2024

Summary

The Impact Investment Fund Manager will play a pivotal role in establishing and managing Yemen’s first Impact Investment Fund. This role is responsible for overseeing the setup, capitalization, and operation of the fund, as well as making strategic investment decisions to support promising startups. The Fund Manager will work closely with regional and international partners, investors, and startup founders to drive the fund's mission of fostering innovation and economic development in Yemen.

Key Responsibilities:

1.    Fund Establishment and Management:
a.    Oversee the establishment of the Impact Investment Fund, ensuring compliance with all relevant regulations and standards.
b.    Enroll in relevant training through partnerships with regional and international fund management training institutions.
c.    Manage fund operations, including capital deployment, performance monitoring, and reporting to stakeholders.
d.    Secure the required minimum fund capitalization from private sector investors, including banks, private investors, Development Finance Institutions, and diaspora investors.

2.    Investment Strategy and Execution:
a.    Develop and implement a strategic investment plan targeting key economic sectors such as agriculture, digital innovation, and energy.
b.    Conduct comprehensive research and due diligence to identify and evaluate potential startup investments.
c.    Build and maintain a pipeline of investable startups, working closely with founders to refine their pitches for the fund and other potential investors.
d.    Deploy capital investments in five to twenty startups, with a focus on supporting female-led ventures.
e.    Provide technical assistance and value-added services to selected startups to enhance their growth and scalability.

3.    Stakeholder Engagement:
a.    Collaborate with the fund’s team and other stakeholders to align investment activities with the fund’s goals.
b.    Maintain relationships with private sector investors, banks, and community networks to facilitate ongoing funding and support.
c.    Represent the fund at industry events, conferences, and meetings to promote the fund and attract additional investment.

4.    Monitoring and Reporting:
a.    Track and analyze the performance of investments, providing regular updates and reports to the fund partners and other stakeholders.
b.    Ensure transparency and accountability in all fund operations and investment decisions.

Qualifications:

• Master’s degree in finance, Business Administration, Economics, or a related field, or relevant professional certifications (e.g., CFA).
• Proven experience in fund management, impact investing, or venture capital, with a strong understanding of the startup ecosystem.
• Demonstrated success in securing investment capital and managing investment portfolios.
• Strong analytical, strategic thinking, and decision-making skills.
• Excellent communication and interpersonal skills, with the ability to build relationships with diverse stakeholders.
• Experience in or knowledge of the Yemeni market and economic sectors is a plus.