Local recruitment: Investment Manager - Green Infrastructure, South Africa

Are you passionate about working with private equity investments across Africa and Asia, and want to be a part of developing essential infrastructure in some of the world’s most exciting markets?  

We are seeking a commercially savvy, results-driven and collaborative professional to join our Green Infrastructure team in South Africa, investing in circular economy, water and wastewater businesses, digital and other related infrastructure. The person employed will report to the Regional Director for Southern Africa. 

If you are analytical, curious, dependable, and a high-achieving professional who thrives in a collaborative environment, this role is for you. We offer a flat, inclusive team structure, a supportive and flexible working environment, opportunities for international travel, and the chance to directly contribute to economic growth and improved livelihoods.  

Responsibilities and tasks

As a part of project-based investment teams of 2-5 people, you will work with the entire investment cycle, including: 

• Proactively generate deal flow by expanding networks and scanning markets for potential investments
• Participate in and lead transaction teams through the full investment cycle from initial screening of opportunities, due diligence, deal structuring and negotiations, execution of transactions to portfolio management and exit
• Appraisal of investment proposals, with emphasis on strategic fit, financial analysis and modelling, valuation, risks and risk mitigation, climate, environmental and social impact 
• Develop networks and competencies in Norfund’s different markets, initially by international short attachments.
• Build sector specific knowledge and market understanding in water & waste, and establish and nurture collaborations with industrial partners
• Manage project development partnerships and co-investor relationships
• Prepare internal investment documentation and present to investment committee and board with support from the transaction team
• Monitoring and improving financial, environmental, and social outcomes
• Follow up and support portfolio companies informally and formally as board member, in advisory committees or investment committees
• Updating of portfolio management systems and other related admin   

Qualifications

• 7+ years of relevant investment experience, e.g., private equity, consulting, banking, infrastructure investment or M&A
• Demonstrated track record in equity investments, infrastructure projects or M&A, independently developing and managing complex investments and turn-arounds 
• Strong knowledge of different instruments incl. equity, project finance, debt and/or security structures 
• Experience from project development in an infrastructure context is highly advantageous 
• Direct experience with recycling, waste, water or digital infrastructure sectors is beneficial 
• Extensive financial understanding, analytical skills and a high level of accuracy
• Master’s in business, Economics, Finance or equivalent with a strong academic record
• Result oriented and with a proactive, structured, and efficient work style and strong interpersonal skills with experience from multicultural organizations 
• Experience from Norfund’s investment geographies is an advantage 
• Excellent communication skills in English. French is an added advantage but not a requirement. 

We offer:

• A unique and meaningful opportunity to be at the forefront of building a sustainable future in developing countries 
• A highly competent, international, inclusive and supportive work environment 
• A key role in small and focused project teams in a flat management structure 
• Exposure to our markets through travel and on-the-ground experiences 

This position is based in Johannesburg on a South African local contract and requires local work permit. Travelling is required, initially more extensive with month-long or longer attachments to some of our offices in Oslo, Accra, Nairobi or Bangkok, however family situation will be taken into consideration. 

We know that diversity contributes to better results and encourage all qualified candidates to apply.    

Please submit your CV, cover letter and academic diplomas and transcripts before the application deadline 15th April 2025.