Private Equity Analyst

Company

The Belgian Investment Company for Developing Countries (BIO) is a development finance institution governed by the Belgian state with a goal to foster sustainable development through private sector investment in partner countries.

BIO is a value driven organization that embodies open-mindedness, responsibility, determination and sustainability in every aspect of its work.

Function

As Investment Officer – Equity Portfolio you will monitor part of the Private Equity Fund investments and Direct Equity investments. You will also support the Investment Officers in the origination of new equity investments and participate in other corporate initiatives as needed.

The Private Equity team is composed of 9 people, comprising 5 (Senior) Investment Officers, 3 (Senior) Investment Officers - Equity Portfolio and the Private Equity Manager. You will directly report to the Private Equity Manager, who in turn reports to the Chief Investment Officer.

The Private Equity Fund and Direct Equity portfolios are spread across 3 continents: Africa, Asia and Latin America. They consist of about 70 Private Equity funds and 20 Direct Equity investments.

Tasks and responsibilities:

Monitor the Private Equity portfolio

Manage part of BIO’s private equity portfolio with a focus on the financial interests of BIO and its developmental mission:

• Ensure that the reporting obligations are met by the portfolio companies (spanning from financial information to E&S and development impact reports) and update BIO’s management information system (on quarterly basis);
• Prepare disbursements to client companies and ensure that BIO’s clients are not in breach of contract from a strategic, administrative and financial point of view;
• Participate (and represent BIO) in the advisory boards of PE Fund investments;
• Regularly update the projects’ credit risk ratings (at least once a year);
• Prepare the portfolio reviews and performance analyses discussions (on semi-annual basis);
• Prepare the valuation of the equity investments (on semi-annual basis).

Support the origination of new equity investments

You will form a deal team together with the Investment Officer to assess the merits and risk profile of investment projects, and bring an investment project from selection to closing:

• Participate in discussions with clients;
• Prepare and participate in on-site Due Diligences;
• Participate in drafting the Screening and Investment Analysis notes, including preparing the risk rating and development impact assessment;
• Prepare the Know Your Customer (KYC) clearance.

You will actively participate in deal sourcing:

• Participate in pipeline meetings;
• Contribute to maintenance of the project pipeline records;
• Support the Investment Officers in mapping new target markets and identifying new market opportunities (on ad-hoc basis).

Participate in ad-hoc projects and corporate initiatives

• Participate in professional seminars, fairs, conferences in line with the content of BIO’s private equity unit mission;
• Participate in ad-hoc internal projects and task forces;
• Support new corporate initiatives as needed (e.g. subsequent fund to the SDG Frontier Fund).

Profile

• Master in Business Administration/Finance or related fields. The Chartered Financial Analyst (CFA) designation is an asset;
• 3 to 5 years post-graduation relevant work experience, ideally as Corporate Banker / Auditor / Equity or Research Analyst or any other similar functions;
• Language skills: written and spoken English + French or Dutch. Spanish is an asset;
• Excellent analytical and organizational skills, precise and detail-oriented;
• Good knowledge of MS Office (especially Excel). Experience with Salesforce, eFront and Power BI is a plus;
• Interested in emerging and frontier markets;
• Ability to take initiative, learn quickly and strive for results;
• Willingness to travel abroad (up to 15% of time) to meet and discuss with clients;
• Good communication skills;
• Team player.

Offer

Come and join BIO for an enriching professional experience where you’ll be surrounded by motivated colleagues.

We offer an attractive package and you’ll enjoy a good balance between your work and your private life (homeworking, regular trainings…).

We’re ideally situated in Brussels – only a brisk 10-minute walk from Brussels Central Station and therefore easily accessible by public transport from several big cities.