We’re Hiring: Investment Fund Manager
QUT Creative Enterprise Australia (CEA) is a hybrid multi-disciplinary facility that provides incubation, acceleration, co-working and investment support to startups and fast-growth enterprises in the creative industries. CEA focusses on accelerating the growth of creative businesses in wearables, digital media, music tech, VR and AR, IoT, fashion tech, games, robotics, interactive content and film providing business development support, mentoring, investment and programs geared to the needs of commercially driven creative companies.
This role is important in growing and evangelising CEA’s venture capital investment funds including Collider Accelerator (Pre-Seed), Post-Accelerator Fund, CEA Startup Fund (Seed), and the new Creative Tech Ventures Fund. You will create new and lasting partnerships with the creative tech community and early stage venture capital, both Australia-wide and internationally, while overseeing a portfolio of 30+ companies.
Your work will involve direct contact with wholesale, institutional and family office investors to support fundraising of the new Creative Tech Ventures Fund and be an integral part of the communications and reporting with Limited Partners and CEA’s startup investment portfolio companies. This is a fantastic opportunity for an experienced investment and fund manager to join Australia’s growing VC community to expand the potential of the creative industries.
The Investment Fund Manager will report directly to CEO of CEA and the Managing Director of the Creative Tech Ventures Fund and will work closely with the respective Investment Committees. They will be responsible for:
- Supporting the capital raise and operational management of the Creative Tech Ventures Fund (Fund), and ensure that the Fund delivers outcomes aligned with strategy and performance goals.
- Managing and supporting the production of required capital raising materials for the Fund.
- Managing outreach, updates and reports with Limited Partner investors and CEA’s startup investment portfolio.
- Supporting the development of operational and financial manuals and policies to comply with the Fund, and partner audit requirements and ensure procedures are followed.
- Evaluating and progressing investment opportunities for the Fund and any future CEA related fund including detailed industry, business and financial due diligence on prospective investments, investment memorandums and presentations.
- Monitoring and evaluating performance of new and existing investments and preparation of investor updates.
- Providing management oversight on the performance of the Investment Associate, Analyst and other resources deployed by CEA in the area of investment
- Serving the Fund Board and any Sub-committees including the provision of timely, appropriate board papers and reporting.
- Reviewing team evaluation of applications for the Arts Queensland: Arts Business Innovation Fund.
- Being a Board Observer/Director governance and oversight on select portfolio companies.
- Researching and identifing additional resourcing for external directors/mentors on prospective investee company boards;
- National and international travel when required to support Fund activities.
- Supporting the implementation of strategic plans approved by the Fund Board, and the development of future strategic and operational plans of the Fund.
- Building business relationships with wider business and investment community in order to attract future investment, co–investors, quality investment deal flow and strategic relationships for portfolio companies including supporting follow on funding rounds.
- Managing effective relationship management with VC fund managers, corporate enterprise, universities and key industry stakeholders.
- Advocating positively on behalf of QUT, the Fund, CEA and on behalf of the creative industries.
- Ensuring compliance with AFSL conditions held by CEA and support reporting to ASIC and other bodies as required.
- Delivering the Fund’s annual agreed key performance indicators and operational plan with approved investments placed.
Key performance measures
- This role will be responsible for delivery of CEA’s annual performance indicators relating to growth of portfolio companies and launch of the Creative Tech Ventures Fund.
Knowledge and Skills
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Role Specific Competencies
The role specific competencies highlight the key behavioural and technical skills important for success in this position.
- Action Oriented
Enjoys working hard; is action oriented and full of energy for the things he/she sees as challenging; not fearful of acting with a minimum of planning; seizes more opportunities than others and likes to strive to succeed in delivering targets.
Is cool under pressure; does not become defensive or irritated when times are tough; is considered mature; can be counted on to hold things together during tough times; can handle stress; is not knocked off balance by the unexpected; doesn’t show frustration when resisted or blocked; can effectively work and looks for trouble-shooting ways to handle difficult situations.
Provides the information people need to know to do their jobs and to feel good about being a key member of the team and/or the organisation; provides individuals information so that they can make accurate decisions; is timely with information.
- Interpersonal Savvy
Relates well to all kinds of people – up, down, and sideways, inside and outside the organisation; builds appropriate rapport; builds constructive and effective relationships; uses diplomacy and tact; can build positive relationships with key individuals and negotiate key terms of agreements.
Can marshal resources (people, funding, material, support) to get things done; can orchestrate multiple activities at once to accomplish a goal; uses resources effectively and efficiently; arranges and coordinates communications in a professional, targeted and timely manner.
- Process Management
Good at figuring out the process necessary to get things done; knows how to organise people and activities; understands how to separate and combine tasks into efficient work flow; knows what to measure and how to measure it; can see opportunities for synergy and integration where others can’t; can simplify complex processes; gets more out of fewer resources.
Applications close Monday 13th May by COB. To complete your application, please fill out the form in the link below.Apply Now