Position: International Capital Mobilization Associate Consultant
Position Type: Short Term Technical Assistance
Level of Effort: Up to 60 days LOE
Period of Performance: On/about 16 October 2021 – on/about 30 June 2022
Objective
The objective of the technical assistance in this scope of work is to, under the overall direction of the International Capital Mobilization Consultant, to support regional private equity funds in fundraising and to enhance the training and capacity development program supporting the BASPs.
Responsibilities, Travel and Level of Effort
Responsibilities:
Under the overall direction of the International Capital Mobilization Consultant, the national consultant will:
Component 1: Attract more and different types of capital to Kenya and the EAC
· Conduct a Market scan of Kenya/EAC to inventory of groups actively trying to raise middle market private equity funds in Kenya/EAC
· Organize and conduct interviews with identified prospective fund managers to identify challenges and obstacles to shorten the fund-raising period from an average of 3.5 – 4 years to 2 years
· Support the vetting of fundraising teams to generate a shortlist of fund managers to support with a focus on diverse managers. Shortlisted fund managers will be supported absorb additional investment capital and shorten the time to launch a fund to 2 years.
Component 2: Build Business Advisory Service Providers (BASP) capacity
· Support the documentation of current BASP support provided by KIM subcontractors Open Capital Advisors and CrossBoundary, including review of existing materials
· Organize and conduct key informant interviews with a selection of BASP providers to determine capacity development needs of BASPs.
· Support the creation of training materials for the BASPs based on the identified needs
Travel:
The assignment can be completed from the consultant’s home base in an EAC country and travel is not anticipated for this assignment. If travel is required, Palladium will submit a separate request for USAID and internal travel approval.
Timing and Level of Effort:
The assignment will commence o/a 16 October 2021 and will continue through 30 June 2022. The estimated level of effort for this scope of work is up to 60 days.
Technical Oversight and Supervision
The Consultant will report to Aubrey Hruby, the International Capital Mobilization Consultant.
Key Competencies Required and Preferred Experience
Professional expertise preferred:
· Minimum of 5 years (10 years preferred) work experience in private equity, the financial industry, or transaction support experience in the EAC.
· Demonstrated established professional networks within private equity and/or funds management within the EAC.
· Degree in business, economics, finance or another relevant field
Key competencies:
A. Substantial project management experience in economic growth and/or development finance.
B. Excellent written and oral communication skills
C. Sound problem-solving and decision-making skills.
D. Fluency in English.
Proposal Submission
Applicants meeting the above criteria are invited to submit their proposals by Friday, 17 September 2021, before 11:59 PM East African Time.
To apply for this job please visit (https://palladium.csod.com/ux/ats/careersite/2/requisition/12022/application?c=palladium&jobboardid=0#1)