Partner: Hybrid Capital

Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

Who we are?
We are one of South Africa’s most established and leading alternatives fund managers investing in high yielding debt, mezzanine debt, preference shares, and quasi equity.

This role is fully accountable for investment strategy and originating, analysing, processing and monitoring of preference share, mezzanine debt and other Hybrid Capital transactions in South Africa and Rest of Africa. The individual will be responsible for leading the origination and execution of transactions with support from the existing team. Excellent career growth prospects exist as you will be joining a growing team on a relatively new strategy within a significant business. The role reports to the Hybrid Capital: Co-Head.

Key Result Areas:

Investment Strategy & Deal Origination

• Source proprietary deals through industry and banking networks, corporate relationships, and advisors.
• Lead due diligence (commercial, financial, legal, ESG) and present investment opportunities to the Investment Committee.

Execution & Structuring

• Negotiate transaction terms, including BEE transactions, mezzanine debt, preference shares, or hybrid capital instruments.
• Structure deals that balance investor and fund return targets with borrower company capital needs.
• Oversee legal documentation, financing arrangements, and pay-away processes.

Portfolio Management

• Sit on boards or act as a strategic advisor to portfolio companies.
• Provide regular reporting, updates, and performance to investment committees and investors.
• Manage exit strategies to optimize fund returns.

Fundraising

• Build relationships with Limited Partners (LPs), family offices, DFIs, and institutional investors.
• Contribute to fundraising campaigns, roadshows, and capital-raising documents (PPMs, DDQs).

Leadership & Team Development

• Mentor Principals, Associates, and Analysts in deal sourcing, modelling, and execution.
• Cultivate a high-performance, collaborative culture within the fund.
• Uphold compliance with Sustainability team, fund governance, risk management, and regulatory frameworks.

Skills, Qualifications & Exper5ince required:

• B Comm., B Bus Sci., B Eng. or relevant equivalent tertiary qualifications
• CA (SA) preferable, CFA highly advantageous
• Proven experience in an established corporate finance, investment management, merchant banking, or private equity environment.
• Minimum work experience of 8 years in mezzanine finance, private capital or corporate finance
• Understanding of leverage finance, mezzanine finance, preference shares, BEE and private equity markets
• Articulate and confident with a strong commercial focus
• Must have well developed financial modelling experience

Competencies:

• Exceptional negotiation, stakeholder management, and influencing skills.
• Strategic and analytical thinking with the ability to identify and unlock value creation opportunities.
• Strong leadership capabilities, with experience in developing and mentoring talent.
• Excellent communication and presentation skills for engagement at board and executive level.
• High professional integrity, judgement, and decision-making ability.
• Professionalism
• Sound relationship management
• Team player
• High sense of responsibility
• Strong communication skills
• Ability to process large volumes of information
• High attention to detail
• Strong technical and analytical skills
• Advanced MS Excel and financial modelling skills
• Strong planning & organizational skills
• Resilient / entrepreneurial attitude
• Ability to perform well under pressure

Skills

Corporate Finance, Investment Management, Merchant Banking, Private Equity

Competencies

Builds Effective TeamsCommunicates EffectivelyCustomer FocusEnsures AccountabilityFinancial AcumenInstills TrustManages ComplexityOptimizes Work Processes

Education

Bachelor of Business Science (BBSc), Bachelor of Commerce (BCom), Chartered Accountant

Closing Date

25 September 2025 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

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