Investment Associate

3 months ago


Manchester, United Kingdom Mercia Asset Management PLC Full time

Mercia is a national investment group focused on the creation/identification, funding and scaling of innovative technology businesses with high growth potential from the UK regions. As an Investment Associate in our Direct Investments team, you will be supporting the investment in and management of companies across the UK. Investments will be made from Mercia Asset Management PLC’s own proprietary cash and may involve other Mercia-managed funds within the investment syndicate. You will support with preparation of investment documentation and reporting. As your career develops you will not only attend board meetings but in some cases may represent Mercia as a Non-exec Director on the boards of some of our investee companies.

**RESPONSIBILITIES**:

- Working closely with senior investors within Mercia to support the management of the Existing Direct Investments portfolio
- Building strong relationships with contacts in the market (e.g. advisors, lawyers, investors).
- Demonstrating a knowledge of the UK venture landscape - understanding the contribution of private equity /venture capital in terms of the achievement of the return on investment and can explain the features of different models of private equity/venture capital and their importance to an organisation.
- Assessing the viability of an investment by building financial models as directed.
- Assisting with the modelling of deal structures and supporting with deal execution.
- Monitoring operational performance of investments in line with an agreed plan.
- Carrying out research into a broad range of industries to provide insight into valuation metrics and M&A activity to support with deal structuring, value creation and exit planning and execution.
- Involvement in the preparation of investment and exit-related documentation as directed.
- Keeping our Group CRM system updated to ensure records are accurate and current.

**SKILLS & EXPERIENCE**:

- Experience of making investments in an investment fund or similar (likely to be 1-2 years).
- Experience of financial analysis and modelling required.
- Experience preferred in supporting with the preparation of investment papers and presenting effectively at Investment Committee meetings in a similar environment.
- Experience of monitoring/reporting on portfolio company performance preferred.
- Experience of working in a regulated environment preferred and an understanding of the potential consequences of non-compliance with legislative, statutory and regulatory requirements.
- Strong Excel skills are essential, together with a good working knowledge of other Microsoft Office products.
- Solid business acumen and analytical skills.
- Evidence of academic achievement - a relevant degree is strongly preferred.
- Strong work and team ethics.
- Good communication and interpersonal skills.
- We are a collaborative team and so it’s important that you share our Mercia Core Values (Growth Focused, Responsive, Responsible/Respectful, Trusted and Connected).
- Given the regular travel to our other UK offices and client sites, unrestricted mobility is a requirement, with a current / valid driving licence enabling you to drive in the UK.
- You should have the right to work in the UK.


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