Fund Manager

Company DescriptionSucSEED Indovation Fund ( has been running an early stage focused SEBI Registered Cat-1 Fund with a corpus of INR 300 Cr having more than 60 portfolio companies across various sectors. SucSEED has also secured a formal approval to set up a its Growth Fund, a Dollar Demoninated Growth Fund, at GIFT City, under the IFSCA regime.

Role DescriptionSucSEED is seeking a proactive, organized and experienced Fund manager with excellent organization and management skills to support its next Fund-II (SucSEED Indovation Growth Fund) at GIFT City, Ahmedabad/Gandhinagar.. We are looking for a highly motivated, hands-on Fund manager who takes initiative and flourishes in a fast-paced, dynamic environment. We are seeking an experienced and dynamic Fund Manager to lead our investment team. The successful candidate will have a proven track record of managing funds with a size ranging from INR 200 Crore to INR 800 Crore, delivering consistent returns, and maintaining a strong focus on Growth Opportunities as well as risk management. As a Fund Manager, you will be responsible for the overall management and performance of the fund, including investment strategy, portfolio management, and investor relations. This role will act as a lead for the Investment Management & Fund Operations and the individual will be providing executive and logistical support on the operating activities of the Fund and special projects throughout the organization.

Job Location -

GIFT City, Gandhinagar, adjacent to Ahmedabad.Reports to:

General PartnersFund Size Managed:

INR 200 Cr to INR 800 CrType:

Full-time

Key ResponsibilitiesDevelop and implement investment strategies aligned with the fund's objectives. Continuously monitor and adjust strategies to optimize returns.Monitor and manage risks associated with the fund’s investments. Implement risk mitigation strategies and ensure compliance with regulatory requirements.Stay updated with market trends, economic indicators, and geopolitical events that may impact the fund’s performance. Utilize this information to make informed investment decisions.Track and analyze the fund's performance against benchmarks and industry standards. Prepare detailed reports and presentations for stakeholders.Lead and mentor a team of Sectoral analysts, Fellows and Interns.. Foster a collaborative and high-performance culture within the team.Maintain a good relationship with Sectoral Curators and Thought Leaders.Provide regular updates and insights on the fund’s performance and market conditions through Investor Reports.Manage a good repo with the fund’s portfolio team, and ensure a balanced and diversified mix of assets. Conduct thorough research and analysis to identify companies for follow-on investment opportunities.Ensure all investment activities comply with applicable laws and regulations. Stay informed about changes in the regulatory environment and adapt strategies accordingly.Support on all elements of the fund management, including fund controlling and quarterly investor reportsDevelopment of accounting and reporting processes and controls

Qualifications and ExperienceBachelor’s degree in Finance, Economics, Business Administration, or a related field coupled with a Professional certification (e.g. Qualified CA, CFA, CAIA). Or a Master’s degree in Business / MBA (Finance is highly desirable).Preference for individuals with experience of AIFs, and AIF financial operations, with minimum of 6-10 years of experience in fund management, with at least 5 years managing a fund size of INR 200 Crore to INR 400 Crore upwards, with potentially a complimentary experience in a finance operations role, fund services.Demonstrated history of achieving strong financial returns and managing investment risk.Exceptional analytical and quantitative skills. Proficiency in financial modeling and analysis.Excellent communication and presentation skills, with the ability to convey complex financial information to diverse stakeholders.Strong leadership and team management abilities. Experience in mentoring and developing junior staff.In-depth knowledge of financial regulations and compliance requirements.Experience of fund structuresDeep sense for processes and advanced Excel skillsPossess good oral, written communication, and interaction skills. Good command over English language (written & Verbal) and preferably in Verbal fluency in Hindi and/or

Gujarati / Telugu.Experience in working with internal and external stakeholders.Be ambitious and passionate and ability to work effectively under pressure.

Personal AttributesAbility to think strategically and make data-driven decisions.Meticulous attention to detail and a high level of accuracy.Strong problem-solving skills with the ability to navigate complex financial scenarios.High ethical standards and integrity in all professional dealings.

Compensation & BenefitsSucSEED provides competitive compensation including base salary, performance-based bonus programs, and other allowances.Competitive salary and performance-based bonusesComprehensive health and wellness benefitsProfessional Learning & development opportunitiesCollaborative and inclusive work environmentIf you are a seasoned Fund Manager with the expertise and drive to manage a significant fund size and deliver exceptional results, we encourage you to apply.

Work Environment detailsFounder-led entrepreneurial set-up which is defined by speed, agility and creativityHighly empowered and critical role, which makes a difference to SucSEED IndovationYoung, energetic, and highly talented TeamsHard work is the defining aspect of the organization

Why Join Us?As per Inc42 ranking for 2023, SucSEED is the most active 12th ranking Investors in the Startup ecosystem in India and 4th ranked most active VC Fund.We are a high energy and supremely passionate bunch of individuals. This is a diverse group of people, who would be best in what they do, are diverse and inclusive, are collaborative and extremely hardworking. This is a team with a shared goal of nurturing the Indian Growth Stage Startup Founders & their aspiring vision and changing the lives of millions of people through our work.We have a keen eye for great talent, have an appreciation for potential, and an environment which facilitates hyper-performance.SucSEED is known to present a platform to excel for those who have a desire to reach great heights in their career. We nurture our team with great care, encourage ambition, are compassionate in your failures and cheer your successes.We’re proud of our collaborative culture; everyone is ready to lend a helping hand, whether it’s your first day on the job or your thousandth.Our Rewards mechanisms are aggressive. High Performance fetches non-linear Rewards.In addition to the fixed component and variable pay, we ensure long term wealth creation for our critical employees through employee stock options.

Mode of Work:

Work from Gandhinagar GIFT City office with periodic visits to our Head-office at Hyderabad, other strategic/ Portfolios’ locations.

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