Investment Analyst, Equity Investments (Infrastructure), CDC

Job Title	Investment Analyst, Equity Investments (Infrastructure)
Employer	CDC
Job Type	Full Time
Location	London, UK
Industry	Private Equity
Experience	0-3 Years
Languages	English
Deadline	Tuesday 8th July 2014

Scope of the role
The analyst’s primary role is to support the   of the Infrastructure Equity Investments deal team. This will include assisting with:
-    Undertaking research into specific sectors and countries that fit within the investment mandate
-    Evaluating new investment proposals or potential target businesses, including conducting financial analysis, valuation exercises, financial modeling, etc.
-    Monitoring the investment portfolio
-    Maintaining the deal pipeline and filtering potential opportunitiesPreparation of valuation and presentation materials for investment committees
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Key responsibilities

Research:

·      Undertaking research into regions, countries and specific sectors on an ad-hoc basis. This will include providing support to sector mapping exercises that are currently underway

·      Undertaking research in to specific businesses or projects

·      Keeping up to date with market developments and monitoring factors that can affect the markets and considering how these might affect the pipeline and portfolio companies

·      Monitoring the financial news and updating Equity Investment team of material information in the target countries, sector and companies;

Evaluating new investment proposals:

Updating the CDC Group Framework (database) on a regular basis
Initial filtering of investment proposals for deals that fit within CDC’s developmental and investment mandate
·      Analysing financial information relating to specific companies

·      Building or analyzing financial models and conducting sensitivity analysis

·      Assisting with reports to be presented to investment committee for approval and participating in the meetings;

·      Conducting a detailed valuation on companies using various methods;

·      Assisting with the due diligence on a specific company, sector, and country

Portfolio Monitoring:

Working with the deal teams in monitoring of investee performance as well as compliance with CDC’s ESG requirements
Environmental, Social and Governance (ESG) Considerations
As an employee of CDC, you must be aware of the importance of ESG considerations and support the continued delivery of CDC’s ESG compliance process.
As a member of the investment team, you should ensure that CDC’s investments are made to maximize their development impact (financial, economic and ESG performance and private sector development).  You will need to give certain attention and devote time to ensuring that ESG performance of deals are appropriately managed and addressed

CDC provides regular ESG training on relevant topics and issues throughout the year which, as a member of the investment team, you will be expected to attend.
Candidate generic values/traits
Candidates must be strongly motivated by CDC’s proposition.  This requires:
an awareness of and appreciation for CDC’s objectives, outside of personal motivations and strongly motivated by these aims;
some evidence of these values is useful (volunteering, career changes due to changing motivations etc);
an appreciation of what CDC is doing and a real desire and passion to be part of the next phase of development that CDC embarked upon in 2011/2012;
history of working with ‘best in class’ employers in their respective fields;
appropriate periods with each previous employer and explicable career moves;
the flexibility and desire to spend time in the countries in which CDC invests; and
an understanding of the remuneration and its structure, with the trade-offs it requires and a level-headed degree of long-term comfort with it.
Candidate background
-    University degree.

-    Approx. two years’ business experience in an international environment, including exposure to emerging market finance.

-    Experience within private equity; investment banking; corporate finance; and/or project finance is desirable but not essential.

-    Knowledge of the infrastructure asset class (transportation, energy or social infrastructure) is desirable but not essential

-    Analytical, research and valuation skills, including the ability to analyse company reports, sector data, economics and relevant political events.

-    Report writing and advanced knowledge of Excel imperative for financial modelling

-    Good business communication and presentation skills

-    Ability to work to deadlines and manage time effectively
-    An active interest in investing in developing countries.
-    Demonstrable alignment with CDC mandate, mission and values.
Required professional competencies

-    Ability to analyse a Company’s financial statements
-    Strong excel modeling skills
-    Experience in valuation techniques
-    Basic commercial insight into the challenges and issues that businesses face
-    Basic understanding of private equity and the challenges/issues involved with this type of investment
-    Understanding of emerging market environments

About CDC

CDC is the world’s oldest development finance institution and has a proud heritage in supporting the building of successful businesses across poor and emerging markets.  Having had a focused strategy over the past 8 years as an investor (LP) in private equity funds (GPs) in emerging markets, it is going through an exciting transformation that will extend the range of its activities to include direct equity investing and direct lending alongside its fund selection business.  The mission of CDC is to:-

To support the building of businesses and creation of jobs in the world’s poorest countries across Africa and South Asia, making a lasting difference to people’s lives.

CDC takes a wholly commercial approach to its investing and lending activities, but, as a DFI, is ultimately motivated by the development impact of its investing activities. As it invests from its own balance sheet, it has considerable flexibility in how it structures investments and in the risk – return profiles it can consider.   It is also able to take a longer view – up to and beyond 10 years if that is necessary.

CDC is wholly owned by the UK government’s Department for International Development (DFID) and plays a key role in DFID’s strategy to help build a thriving private sector in the developing world.  It is a measure of CDC’s high quality investment processes that despite investing in regions of the world that are typically considered very high risk,  it has received no fresh investment from government since 1995 and has returned a profit (which has been reinvested) of £1.8bn since 2004. 

CDC invests in a number of ways:

- placing capital with expert fund managers (GPs) who then use their local knowledge and expertise to find promising businesses in which to invest;

- making direct investments or co-investing in specific businesses, alongside local GPs or like-minded investors; and

- making loans, guarantees and offering micro-finance support