NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Acumen Fund is currently seeking highly qualified applicants for the position of India Portfolio Associate.

Location: Hyderabad, IndiaAcumen Fund is a global non-profit venture capital fund serving the four billion people living on less than $4 a day. Its objective is to create a blueprint for building financially sustainable and scalable organizations that deliver affordable, critical goods and services that elevate the lives of the poor. Acumen Fund invests debt and equity in enterprises delivering critical goods and services to the poor in South Asia and East Africa.

Position description:

Acumen Fund has four portfolios: health, water, housing and energy. Each portfolio seeks to provide the poor with access to critical goods and services by investing in sustainable and scaleable social enterprises. The India country portfolio associate plays an integral role across portfolios by helping theIndia country manager identify prospective investments, conduct due diligence, prepare investment memos and term, sheets and provide on going management and technical assistance for the existing active investments.

The portfolio associate also works to provide support to core investment processes, like maintenance of the portfolio database, coordination with the finance and legal teams, and recruitment of interns and pro-bono projects. The portfolio associate will report to the India country director. In addition to supporting the portfolio, the associate has an overall responsibility to contribute to the objectives of Acumen Fund by participating in marketing, fundraising and communications activities.For more details on qualifications and application information, please see the attached file.