Vice President – Neev Fund

Sbiventures; Mumbai; On-site; INR 2,500,000 - 3,500,000; Full time

Job summary

A leading investment firm in Mumbai is seeking a Vice President to lead investments and manage portfolio growth. The role requires 13-15 years of experience in growth capital and a proven ability to mentor teams while engaging with stakeholders. The VP will be crucial in driving successful investment strategies in the climate and environmental sectors. This position offers a chance to impact the firm’s growth as they scale their funds and initiatives towards a market leadership position in the PE/VC industry.

Qualifications

• 13-15 years’ experience in growth capital/PE investing, with 7 years in relevant sectors.
• Strong track record through fund lifecycle.
• Ability to create relationships with stakeholders.

Responsibilities

• Lead investments and manage portfolio companies towards successful exits.
• Source and analyze investment opportunities for the fund.
• Conduct due diligence and manage deal execution.
• Mentor and guide associates to achieve Fund KPIs.

Skills

Investment analysis

Due diligence

Deal structuring

Mentoring

Stakeholder relationship management

Job description

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Company/ Fund

Neev Funds, across Neev I and Neev II is an INR 1,500 Cr. fund with a mandate to invest in climate and environment sectors. The Funds have invested in diverse sectors such as renewable energy, agri-logistics, dairy, healthcare, education, waste management, green hydrogen, pollution control, sustainable agriculture, water & sanitation, etc. The Neev Funds have taken a leadership position in the ESG investments space and is now recognised as a thought leader in impact investing. The Neev Fund is managed by SBI Ventures Limited (“SVL”) which is a wholly owned subsidiary of State Bank of India. SVL has scaled from managing one fund with an AUM of c. INR 500 Cr. in 2018 to an AUM of c. INR 33,000 Cr. across 6 funds.

Title: Vice President
Reporting to: Principal
Location: Mumbai
Neev Fund is looking to onboard a Vice President (VP) to strengthen and lead the investments for the fund and shall work closely with the team across all initiatives of the Neev Fund team including any other initiatives of SVL as maybe required. The VP will play a crucial role in scaling up Neev Funds as we launch our successor funds and create SVL into a market leader in the PE/ VC industry.
As a key member of our senior team, we are confident that our VP will bring valuable insights and leadership to Neev Funds, further propelling our journey in climate change and impact investing

Role of the VP

The VP will lead investments and manage portfolio companies towards growth path leading to successful exit outcomes. The selected candidate will be responsible for high quality deal-flow, due diligence, execution, portfolio management and exits. Candidate shall also contribute towards LP engagement and fund raising.

Job Description

Investments and Transaction Execution

• Source and analyse investment opportunities for investment
• Conducting thorough due diligence of the markets, company, promoters and management of potential investee companies
• Responsible for the structuring, negotiations and execution
• Preparation of investment memo, presentations and other materials as required
• Contribute to LP engagement including regular reporting and fundraising
• Manage pool of associates and analysts through behaviour modelling and mentoring to achieve Fund KPIs and to further develop team members
• Coordinate with portfolio companies to set, achieve, and report Impact and ESG targets
• Suggest improvements to our approach, process, products, and services

Key Requirements

• Between 13-15 years’ experience with at least 7 years in growth capital/ PE investing with a preference for investment experience in climate & environment, infrastructure, clean-tech, impact/ SME investing
• Proven interest in solving complex issues/ situations
• Ability to create strong relationships with stakeholders; preferred existing network of peers and industry
• Strong investment track record; preference for experience through a full fund lifecycle
• Expertise in deal structuring, due diligence, and closing processes
• Proven ability to mentor and develop team members to their potential
• Preference for person with fundraising with institutional investors

Neev Fund is an equal opportunity employer and strongly encourages women candidates to apply.