Investment Manager

About BII

British International Investment (BII) is the UK's leading development finance institution, wholly owned by the UK Government. Our primary mission is to address global development challenges through strategic investments that promote sustainable and inclusive economic growth.

BII focuses on catalysing economic development, creating jobs, and building resilient economies in some of the world's most complex and underserved markets. We invest in businesses and projects that prioritise inclusive development, environmental sustainability, and innovation.

Our approach is characterised by rigorous investment standards, high governance principles, and a commitment to delivering measurable development impact. Our team consists of highly skilled and passionate professionals dedicated to making a tangible difference globally.

We foster a collaborative and intellectually stimulating work environment that values curiosity, innovation, and professional growth. Our culture balances high performance with a strong emphasis on wellbeing, ensuring our employees can achieve their full potential while contributing to our mission.

BII at a glance:

Over 75 years supporting sustainable business growth in developing and emerging markets

More than £9.9 billion in net assets

1,600+ businesses invested in

950,000+ workers in the businesses we support

650+ people in our diverse global team

3 key development objectives: Productive | Sustainable | Inclusive

Team and role overview

• BII's Infrastructure Equity Team for Africa & Pakistan invests equity and equity-like capital in businesses in infrastructure sub-sectors such as power generation/transmission/distribution, transport, and water, across Africa and Pakistan.

• Over the past 10 years the team has built a $1.1bn+ portfolio of 10 exciting, developmental assets in Africa & Pakistan including a controlling stake in a leading Africa independent power producer, Globeleq (assets in 8 countries) and a controlling stake in a developer focussed on transmission and distribution in Africa (Gridworks), and partnerships/joint ventures with top tier international groups such as DP World in ports and logistics (Senegal, Somaliland, Egypt and DRC), TotalEnergies and the Aga Khan groups in hydropower (Uganda, Rwanda, Burundi, DRC, Malawi), and Metito in water. The team has also invested in leading BEE renewables player in South Africa, H1, in a renewables joint venture in Pakistan with a Pakistani industrial sponsor, and a rural renewables utility in north-eastern DRC.

• Our typical investment size is $20-50m of growth capital for expansion with larger investments across portfolios of assets.

• The team comprises 12 investment professionals. The team structure is designed to be very flat; employees at all levels are involved across all aspects of deals and portfolio management and in presenting to important stakeholders such as Investment Committee and external third parties.

Purpose

The Infrastructure Equity (Africa & Pakistan) team is looking to hire individuals to join on a fixed term basis to cover parental leave across 2026. We are open to hiring at Associate/ Executive / Manager level depending on the combination of applications received.

There are 6 job levels in the team – Analyst, Associate, Executive, Manager, Director & Team Head. However, the team is very flat and people at all levels are involved in the real detail, and in representational work, both to Investment Committee and externally. Directors and, to a material degree, Managers act as deal leads/oversights with junior team members supporting.

Individuals of all levels will work on origination, evaluation, and execution of new investments and portfolio management of existing investee companies..

The candidate

Background, skills, aptitude

Essential

• Experience and track record in structuring, and executing equity transactions in the infrastructure/energy space

• Interest in development and particularly in Africa;

• Experience in financial modelling and analysis;

• Analytical and research skills and ability to make commercial assessments;

• Ability to work on multiple projects across products and sub-sectors while working to deadlines and managing time effectively;

• Business communication and presentation skills;

• Relationship building skills and ability to develop a network of relevant external contacts, as well as internally across different teams;

• Proficient in Microsoft Excel, PowerPoint, Word.

Candidates should be strongly motivated by BII's development mission and ideally demonstrate some commitment to development or social goals through previous executive or non-executive activity.

Our cultural values

We look for team members who aspire, as we do, to work at our best and to be:

• Impact-led, commercially rigorous

• Tenacious in the face of challenges

• Collaborative and caring

British International Investment is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation or educational background.

Please provide a cover letter with your application

Salary: Competitive