MANAGING PARTNER - CARE ENTERPRISES, INC

Work Location: US - New York, NY
Other Possible Locations: Nationwide - US
Expected Travel: up to 20%
Language Requirement: ENGLISH
Employee Duration: Active Full-Time
Type of Post: Not Applicable
Funding: APPROVED
Type of Contract:
Application Deadline:

Description

Built on years of experience successfully adopting market-based solutions to combat poverty, Care is bringing this work to the next level and launching CARE Enterprises, Inc. (CEI). CEI is a for-profit subsidiary of CARE USA focused on the creation of transformative, dignified economic opportunities for people experiencing poverty by investing in proven and scalable for-benefit enterprises.  To take this work to scale, CEI is currently structuring its first fund of $50 million to in-crease capital for enterprises that have graduated from seed-stage and/or grants but need further investment for growth before they can access more traditional sources of capital. CEI will build an exemplary Fund in terms of transforming lives and scaling for-benefit, non-extractive enterprises globally.

We are currently seeking a driven, dynamic partner with a depth of experience to structure and promote such a fund, and a passion for working to sustainably raise individuals out of poverty. This individual will bring substantial finance and business expertise to the team and play a leading role in establishing CEI as a major impact investment resource.  The new Managing Partner will contribute strategic thinking to create our impact methodology.

Responsibilities:

  • Develop a fundraising campaign to secure a $50M fund. Fundraising is a critical priority.
  • Contribute to the development of the fundraising strategy
  • Help develop and cultivate a strong and diverse pipeline of potential investors and partners
  • Lead on the closing of legal and financial agreements with potential limited partners on the fund
  • Fund Design: Work with CEI’s partners, board of directors and CARE’s leadership to develop the financial and legal structure and planning processes for CEI’s Fund, including:
  • Portfolio construction criteria in accordance with CEI’s mission
  • Work with and select backend service providers when necessary
  • Management of board committees and partnerships
  • Liase with Bamboo, Board Member and CARE
  • Portfolio management
  • Pipeline

Qualifications:

  • College degree (finance preferred)
  • You have led or had a lead role in the structuring of an investment fund;
  • You have experience in due diligence of early stage deals;
  • Outstanding verbal and written communication skills, effective in individual, small or large group settings;
  • Ability to “Do Deals:” Someone with a history of initiating and of closing agreements with other parties where significant dollars and/or other value have been exchanged to both parties satisfaction;
  • Experience in portfolio management and reporting

 

 

 

 

There are individuals who may use CARE’s name and trademark in emails and on websites in an attempt to solicit fees from interested job-seekers. Some examples of these fees are placement fees or immigration processing fees. CARE does not use recruiting or placement agencies that charge candidates an up-front fee of any kind. Occasionally, CARE does employ recruiting or placement agencies to help us identify candidates for specific employment within CARE. If you’re contacted by a legitimate recruiting or placement agency, there should be no charge to you. If you suspect that you have been a victim of fraud from someone purporting to be CARE, please contact us at legal@care.org.

CARE USA is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, disability or protected veteran status. If you’d like more information about your EEO rights as an applicant under the law, please click here.




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