About the Althelia Sustainable Ocean Fund (SOF)
Althelia Funds is an impact investment platform that manages investments into growth businesses that can deliver financial returns and tangible environmental and social improvements in both terrestrial and ocean landscapes. Althelia Funds is managed by Mirova Natural Capital Limited, an affiliate of Mirova Natural Capital and Natixis Investment Managers.
The Sustainable Ocean Fund (SOF) is a newly launched investment fund focussed on opportunities across the Blue Economy. SOF is making investments into businesses across the sustainable seafood, circular economy and conservation sectors. Through doing so, we will address pressing ocean health challenges and deliver strong returns for our investors.
Over the next several years, SOF will invest in both established businesses, where our hands-on project approach can support companies to rapidly and sustainably scale, as well as a selection of Series A type opportunities that we believe have the potential to be best practice models in their sector and deliver unique sustainable growth businesses.
We are long-term investors focused on building social, environmental and economic value, and de risking investments through excellent financial, technical and ESG management.
SOF is seeking a Marine Technical Director to join its Management Team. This is a role has a strong focus on Latin America / Caribbean and will involve significant time spent it in the field.It offers a competitive package and pathway for career development, travel and the ability to work as part of a dynamic global team.
Marine Technical Director - Job description
Working as part of the SOF Fund Management Team, the Marine Technical Director will bring his or her expertise to bear in evaluating target investments and undertake portfolio management and monitoring, including overseeing the implementation of agreed business and impact delivery plans within portfolio companies. The core focus will be on bringing knowledge and expertise in the marine science-related aspects of investments, but the opportunity will arise for the Technical Director to offer broad support to the relevant deal teams.
Specific responsibilities will include:
- Providing marine science-based technical expertise and knowledge to assist in identifying and evaluating projects and investments in targeted ocean sectors and to support due diligence and the ongoing monitoring and strategy of the Fund. This will include extensive engagement with project stakeholders, conservation NGOs, technical and industry bodies.
- Co-ordinating required technical due diligence, data analysis and environmental and biodiversity impact assessment for deals assessed by the Fund. The Marine Technical Director will be responsible for managing and interacting with the Fund’s selected technical service providers and NGO partners (including Conservation International and Environmental Defense Fund) to help deliver the mandate of the Fund.
- Overseeing agreed implementation and business plans across a sub-portfolio of Fund projects. The Marine Technical Director will be responsible for building portfolio-company capacity and ensuring their adherence to agreed financial and environmental performance milestones and contractual covenants.
- Supporting the platform’s ESG and impact monitoring functions to deliver timely and accurate data and analysis of project KPIs
- Developing and manage relationships representing industry, government and NGO’s to promote the on-going mission of the SOF.
Essential skills & experience
- A passion for the ocean; nature and people.
- Five+ years working successfully either within the seafood, marine, aquaculture or conservation sectors and experience in emerging markets.
- A degree in marine science, marine biology or related disciplines
- Demonstrated experience in managing and executing growth and/or improvement projects within these sectors.
- Knowledge of key production, sustainability and conservation issues affecting the ocean and seafood sectors globally, including experience with certification standards in the industry.
- An understanding and experience of business cases and investment processes within environmental finance. Experience in managing project or grant budgets in the sector is a plus.
- Excellent written and verbal communication skills in English with fluency in Spanish is desirable.
- A willingness to travel for extended periods throughout Latin America and Caribbean, as well as further afield, with periodic travel to Europe.
- Self-motivated, with an ability to work remotely as part of a small team.
Great! If you think you have what it takes to join the Sustainable Ocean Fund please send a CV and cover letter outlining your qualifications and motivations to firstname.lastname@example.org by November 10th.
Download the job description here