Acumen Fund, a social venture capital fund, is hiring for their India office in Mumbai. Acumen Fund uses the tools of investment and business to build companies that seek to bring affordable basic goods and services to the poor. They invest “patient capital”, taking significant risks on early stage innovations and expect reasonable but below market financial returns after a considerable timeline of 7 to 15 years. Acumen Fund measure success not only in terms of financial sustainability, but most importantly, with portfolio companies transformation of sectors like health, water, energy, agriculture, education and housing and in the process creating scaled solutions to major issues of poverty. Today, Acumen Fund’s global portfolio of $69 million has reached 86 million individuals, created and supported 55,000 jobs, and has leveraged $206 million in third-party follow-on capital.
- Portfolio Manager. The India Portfolio Manager will form a senior part of our team, leading investment decisions from origination to closing and management, as well as help set the strategy for crucial post-investment and resource development processes. This is a core operational role and an exciting opportunity for a world-class early stage investment professional to make their mark in social investment. Deadline for this position is March 23rd.
- Portfolio Consultant. We are also looking for people in earlier stages of their career. There are multiple open positions providing unique, comprehensive exposure to the entire range of our social investment process and skill-building opportunities. For the right candidate with 2-3 years of finance, investment, consulting or operational experience, these are great opportunities. Deadline for this position is also March 23rd.