Principal Investment Officer, FoF

Principal Investment Officer, FoF

Description

• Lead a team of five experienced investment professionals, already embedded in AMC FoF platform. He/she would need to leverage institutional memory and existing relationships to ensure team stability, morale, and uninterrupted productivity.
• Lead by example to maintain and scale a trusted, high-performance, inclusive, and collegial team culture.
• Encourage team members to not only excel at their jobs and deliver for LPs but also to innovate products and solutions within the FoF platform and develop professionally.
• Leverage the expertise of AMC team members and collaborate closely with IFC counterparts across various departments essential to the operating model of AMC and AMC-managed Funds.
• Comfort operating as both an individual investment professional and team leader, given the lean size of the AMC FoF team.
• Be a spokesperson for AMC both internally and externally, including in public fora, investor training sessions, and industry conferences.

• Lead the fundraising of any new AMC FoF product, including developing and drafting PPM and pitchbook materials, while also managing, coordinating, and participating in investor roadshow presentations, the creation and management of the data room, handling DDQs in response to LP queries.

• Contribute significantly to AMC’s vision of being the leader in equity mobilization for impact investing in emerging markets. This involves:

• Assume immediate stewardship of AMC FoF team's existing sovereign, pension, insurance, and DFI LP relationships. Recognize the goals and nuances of each relationship to maintain and actively scale AMC’s and the FoF team’s existing investor relationships.

• Lead the FoF team’s origination, pipeline evaluation, portfolio construction, structuring, and execution of FoF team investment programs, including investments in funds, platforms, and direct co-investments.
• Coordinate and proactively manage the FoF team’s existing equity portfolio of funds and co-investments to increase the value and realize attractive returns for Limited Partners, including handling existing complex and challenging fund situations and bespoke end-of-life structures.
• Develop relationships with senior management and serve as an Advisory Board member of investee funds to contribute to the performance of the underlying fund’s portfolio and strategic direction of the fund and GP. Engagement should have been through the full cycle of commitment, drawdown, value creation, restructuring where required, and liquidation.
• Lead and generate high-quality material for quarterly and annual fund reporting.
• Fund of Funds Investment Committee (IC) experience, including pipeline development, investment decision-making, commitment sizing, portfolio construction, and investment pacing, is a plus.

Selection Criteria

• Master of Business Administration or equivalent degree.

• A minimum of 12 years of relevant professional experience in a private equity firm and/or a related financial institution, focusing on private investments in emerging markets, of which at least 10 years must have been in a fund of funds role. Within that period, he/she must have accumulated:

• Strong relationship management experience – with internal and external stakeholders sustained over multiple fund cycles with the same counterparties.

• He/she should be able to evidence (and be willing to continue) a sustained, multi-year, and relationship-driven tenure in keeping with the importance of team stability and the long-horizon nature of private equity fund management. Fragmented tenures and ancillary or changing roles are inconsistent with the multi-vintage relationship obligations of this role.

• Familiarity and the ability to work within the operating environment of IFC and/or a comparable DFI. Prior experience operating inside an IFI is strongly preferred, as the role requires effectiveness from the outset across established GP, LP, and internal IFC relationships without a learning curve.

• Proven experience developing and sustaining relationships with internal and external stakeholders, including senior management of potential clients, investors, financial and technical partners, and government officials.
• Established, current relationships with emerging markets General Partners across multiple regions, sufficient to give insight and access to market-leading funds.

• Strong technical skills and experience in emerging markets fund manager assessment, LPA and side-letter negotiation, transaction structuring, valuation, financial modeling, commitment pacing, and portfolio management required.
• Experience as a Board of Director and/or Fund Advisory Board member across diverse companies, funds, and sectors is required.
• Participation in manager identification and selection (across PE, VC, and Infra strategies), portfolio construction, and private equity fund management is required. Investment Committee membership within a fund of funds or comparable multi-manager vehicle is a plus.

• Outstanding analytical and critical thinking abilities, with a capacity to synthesize complex information.
• Excellent oral and written communication skills in English; fluency in other languages (e.g., French, Spanish, Portuguese, Chinese) is a plus.
• A record of external thought leadership on emerging markets private equity through publications, conference participation, or industry working groups that support AMC's positioning with investors is a plus.
• Mature business judgment and sound commercial instincts.
• Highly motivated and committed to the highest ethical standards.

• A team player with experience in managing, motivating, and developing junior professionals.
• Strong interpersonal skills with the ability to interact effectively with clients and colleagues from various cultural backgrounds.
• A collaborative, non-disruptive leadership style suited to assuming responsibility for, maintaining, and scaling an established, high-functioning team.
• Commitment to Diversity, Equity, and Inclusion, as well as Sustainable Development.

As the World Bank Group continues to evolve, we value candidates who:

• Demonstrate the ability to collaborate effectively across teams, disciplines, cultures, and institutional boundaries.
• Responsibly leverage digital and AI-enabled tools to enhance productivity, learning, and decision-making.
• Bring experience working in fragile, conflict-affected, and violent (FCV) contexts and are encouraged to highlight relevant experience in their application materials, where applicable.

WBG Culture Attributes:

1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results.

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Learn more about working at the World Bank and IFC including our values and inspiring stories.