Investment Manager
Fortescue is focused on becoming the number one integrated green technology, energy and metals company. We are leading the green industrial revolution by developing the technologies to decarbonise hard-to-abate sectors (like our iron ore operations) while building a global portfolio of renewable energy projects. In support of our ambitious strategy, we have established Fortescue Energy Ventures (FEV) as an in-house Corporate Venture Capital (CVC) operation investing in early-stage technology companies to seed and stimulate future renewable hydrogen-based markets and support the decarbonisation of the industrial sector. We collaborate closely with our portfolio companies, helping to accelerate them towards successful commercialisation.
An opportunity has arisen for an Investment Manager to join the Tech Ventures department in a rapidly expanding and exciting work environment. We are looking for an investment manager to be responsible for deal delivery out of the UK supporting in-region investment directors / principals, investment analysts, and the wider FEV team. This is an ideal role for someone who has served in a venture investment role and who wants to be hands-on in evaluating, executing and managing investments over the long term.
Job role:
- Deal Execution
- Preparation and negotiation of investment term sheets
- Independently manage the preparation of investment appraisals and investment papers and make verbal presentations to the FEV investment committee
- Working with internal and external legal teams to scrutinise investment legal documentation to ensure consistency with the commercial terms agreed
- Independently conduct, where appropriate, detailed due diligence and organise and oversee due diligence from external providers
- Delivery through to completion of FEV investments
Investment Management
- Monitor and report on portfolio company performance
- Support in the management of investments including as investor director or observer, as appropriate
- Preparing periodic reports and analysis of the portfolio
- Dealing with matters arising with investments, and communicating issues with stakeholders
- Support portfolio companies in their fundraising efforts through introductions to co-investors
Promotion and Representation
- Participate and represent FEV at internal/external meetings, seminars and events
Other
- Build and maintain relationships with co-investors and other potential sources of deal flow
- Identify and recommend improvements to grow the investment team’s capabilities and efficiencies
- Performance management of direct reports including the setting and monitoring of objectives and appraisals (if applicable)
You’ll have:
Required Skills and Qualifications
- Physical Science or Engineering degree – Masters / PhD level (or equivalent)
- Experience in the VC technology investment industry
- Proven track record of executing VC deals and managing investments
- Growing network of VC industry contacts
- Ability to think strategically and act tactically
- Excellent communication, presentation, and writing skills
- Superb analytical and problem-solving abilities
- Natural team worker, but able to operate independently
Preferred Skills and Qualifications
- MBA
- Technical background or experience with early-stage companies in deep-tech or hard-tech related industries
We’ll provide:
- Training to add to your existing skills and accelerate your career
- A supportive and empowering work environment
Application deadline:
The closing date for applications is 19th January 2024.
Location:
Kidlington, Oxfordshire
This role will include working at the head office in Grove until an office move to Kidlington in spring 2024.
Disclaimers and DEI:
You do not need to match every listed expectation to apply for this position. At WAE we are committed to building a team that encompasses a variety of backgrounds, experiences, and skills. WAE is an equal opportunity employer that values diversity and inclusion. If you have a disability, we are happy to discuss reasonable job adjustments.