East Africa Partner – PAHF

COMPANY PROFILE
Phatisa is a multi-award winning African private equity fund management company that invests throughout sub-Saharan Africa. We are well represented through the continent, operating from offices in Mauritius, South Africa, Zambia, Kenya and Ghana, as well as maintaining a European presence in London. The firm currently has two sector-specific funds under management: the African Agriculture Fund (AAF) and the Pan African Housing Fund (PAHF).

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 OPPORTUNTIY 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. 

Interested parties are asked to forward their CVs to Adept Systems Management Consultants-recruit@adeptsystems.co.ke to reach us not later than Friday, 23rd August 2013.