Principal Investment Officer, FoF

Job Posting Organization:
The International Finance Corporation (IFC) is a member of the World Bank Group (WBG) and was established to promote private sector investment in developing countries. The organization operates in 145 countries and has over 182 offices worldwide. IFC's mission is to address the world's most pressing development challenges, particularly in job creation, by partnering with governments, private sector entities, and development partners. In fiscal year 2026, IFC committed a record $105.6 billion to private companies and financial institutions in developing countries, demonstrating its significant role in mobilizing capital for development.

Job Overview:
The Principal Investment Officer for the Fund of Funds (FoF) team at IFC will lead a group of five experienced investment professionals within the Equity Mobilization Department. This role requires a seasoned investment practitioner who can manage existing relationships with General Partners (GPs) and Limited Partners (LPs) while ensuring the stability and productivity of the team. The successful candidate will be responsible for leading fundraising efforts for new AMC FoF products, developing pitch materials, and managing investor relations. The role also involves overseeing the origination, evaluation, and execution of investment programs, as well as maintaining a high-quality portfolio of funds and co-investments. The Principal Investment Officer will play a crucial role in enhancing IFC's development goals and generating profits for investors by leveraging the organization's global reach and investment approach.

Duties and Responsibilities:
The Principal Investment Officer will have a wide range of responsibilities, including:

• Leading a team of five investment professionals, ensuring team stability and morale while fostering a high-performance culture.
• Overseeing fundraising for new AMC FoF products, including developing pitch materials and managing investor presentations.
• Building and maintaining strong relationships with existing and prospective investors, ensuring effective communication and collaboration with AMC senior leadership and fund teams.
• Managing the FoF team's existing equity portfolio, including evaluating investments and coordinating with senior management of investee funds.
• Generating high-quality materials for quarterly and annual fund reporting.
• Engaging with stakeholders to contribute to the performance and strategic direction of investee funds.
• Participating in investment decision-making processes and managing complex fund situations.

Required Qualifications:
Candidates must possess a strong background in private capital fund management, particularly in emerging markets. They should have extensive experience in fund manager selection, due diligence, structuring, and execution of investments. A proven track record in managing relationships with institutional investors and a deep understanding of international best practices in private equity fund investing are essential. The ideal candidate will also demonstrate the ability to manage multiple concurrent mandates effectively and possess strong analytical and technical skills.

Educational Background:
A Master of Business Administration (MBA) or an equivalent degree is required for this position. Candidates should have a solid educational foundation that supports their expertise in finance and investment management, particularly in the context of private equity and emerging markets.

Experience:
A minimum of 12 years of relevant professional experience in a private equity firm or related financial institution is required, with at least 10 years in a fund of funds role. Candidates should have substantial experience in fund development, general partner operations, and managing senior institutional investor relationships. Familiarity with the operating environment of the IFC or a comparable development finance institution is strongly preferred.

Languages:
Fluency in English is mandatory for this position. Proficiency in additional languages such as French, Spanish, Portuguese, or Chinese is considered a valuable asset and may enhance a candidate's suitability for the role.

Additional Notes:
This position is classified as Open-Ended Staff (OPEN-OP) and is part of an international recruitment effort. The role is full-time and offers a comprehensive benefits package, including retirement plans, medical insurance, and paid leave. The World Bank Group is committed to diversity and inclusion, and candidates from various backgrounds are encouraged to apply. The organization values collaboration across teams and disciplines and seeks individuals who can contribute to its mission of sustainable development.