East Africa Partner – PAHF
Company
Profile
Phatisa is a multi-award winning African private
equity fund management company that invests throughout sub-Saharan Africa.
PAHF is a real estate private equity fund
focused on affordable to middle income housing in Eastern and Southern Africa.
Target geographies include Kenya, Zambia, Uganda, Rwanda, Tanzania and
Mozambique.
First close: US$ 41.5 million December 2012;
final close target: US$ 100 million mid 2014. First close investors include CDC
Group plc, FMO, African Development Bank, PROPARCO, Shelter Afrique, PTA Bank
and Africa Re.
Additional information is available on the
Fund’s website, www.phatisa.com
Key
Attributes and Responsibilities
Based in Nairobi, The East Africa Partner, will
be responsible for securing and managing the PAHF investment pipeline,
presenting suitable opportunities to the Investment Committee (IC) and driving
superior returns in the portfolio, monitoring investments and finally, exiting
the portfolio in the region.
The candidate must be a private equity
professional in the East African real estate sector.
While the successful candidate might have
limited African affordable to middle income housing sector experience, having a
track record in deal origination and transactions is essential.
The candidate should have the following
capabilities:
Key
Responsibilities
- Driving and delivering on the PAHF Investment Policy in the region – deal flow to execution to exits.
- Building, maintaining and managing a strong investment pipeline and process.
- Achieving the overall profitability targets of the East Africa operations.
- Managing the risk profile of the investment portfolio.
- Preparing and presenting suitable investments to IC.
- Handling all elements of transactions, including: valuations, due diligence, business plans, modeling, deal structuring, legal agreements and exits.
- Driving value jointly with the Fund Partners.
- Recruiting, training, building and mentoring outstanding East African portfolio management and deal teams.
- Assessing and presenting performance of the Fund’s investment and measuring this against set benchmarks on a continuous basis.
Qualifications,
Experience and Skills
Appropriate
tertiary qualifications coupled with:
- Five to ten years’ investment experience (private equity preferred) with a particular focus on property and property development (with a preference for residential experience) in East Africa.
- Experience of managing an extensive regional network of key real estate players, including: developers, landowners, financiers, real estate professionals, etc.
- A successful deal track record within at least two of the target geographies - deep understanding of the unique disciplines of identifying, negotiating, closing and monitoring residential real estate transactions; and
- Capacity to drive the PAHF’s investment strategy and to assume executive responsibilities alongside the Fund Partners.
- Good working knowledge of key commercial statutes and regulations – tax, companies act, property law, etc.
- Equal Opportunity Employer
Phatisa is an equal opportunity employer and
will select the best candidate for the job without regard to gender or race,
based in Africa.
How
to apply:
Send your application including a cover letter
indicating your desire to work with our client a detailed CV highlighting
relevant experience, details of current and expected salary, a daytime phone
contact, email address, and the names of three professional referees by close
of business Friday 23rd August 2013
Adept Systems
Management Consultants
P O Box 6416, Nairobi, GPO 00100
Email: recruit@adeptsystems.co.ke
Only short listed candidates will be contacted.
Please note that we do not charge fees for receiving
or processing job applications.
