Principal Investment Officer, FoF

CGAP
CGAP

Posted on Sep 25, 2026
At the International Finance Corporation (IFC), a member of the World Bank Group (WBG), you’ll join a diverse, global community working across cultures, disciplines, and borders to address the world’s most pressing development challenges. With 1.2 billion young people reaching working age in the decade ahead, the challenge of job creation has never been greater. Through partnerships across 145 countries and more than 182 offices worldwide, we work with governments, private sector, development partners and other stakeholders to invest in people, strengthen markets, and deliver scalable, data-driven solutions that generate more and better jobs and improve lives. In fiscal year 2026, IFC committed a record $105.6 billion to private companies and financial institutions in developing countries. For more information, visit www.ifc.org. The IFC Equity Mobilization Department (AMC) within the Treasury Syndications Vice-President Unit (VPU) mobilizes and manages capital for private equity investments in emerging markets. Established in 2009, AMC provides investors with access to IFC’s emerging markets investment pipeline, expanding the supply of long-term capital to these markets. This enhances IFC’s development goals and generates profits for investors by leveraging IFC’s global reach, standards, investment approach, and track record. AMC has raised US$10.2 billion through 16 investment funds that invest across various sectors, geographies, and strategies. For more information on AMC’s business, please visit www.ifcamc.org. The Fund of Funds ("FoF") platform is one of AMC's longest-running, multi-fund teams, spanning climate, generalist, and rules-based sustainability mandates across successive vintages, with more than US$1.5 billion in assets under management. The team, some of whom have worked together for over a decade, maintain dozens of active General Partner (“GP”) relationships, Advisory Board seats, and close Limited Partner (“LP”) partnerships that go back, in some cases, to the inception of the group 15+ years ago. These activities run continuously across fund generations and maintaining continuity of these relationships, with GPs, LPs, IFC investment departments, and within the FoF team itself, is important to the FoF platform's ability to raise and deploy successor funds. This position is scoped for an experienced practitioner who can assume those relationships without disruption to these relationships or any of the FoF team’s funds currently in market. AMC is seeking to hire an investment professional as a Principal to head the Fund of Funds team. He/she will report to the Director of the AMC. Duties Accountabilities: His/her responsibilities include, but are not limited to: Team • Lead a team of five experienced investment professionals, already embedded in AMC FoF platform. He/she would need to leverage institutional memory and existing relationships to ensure team stability, morale, and uninterrupted productivity. • Lead by example to maintain and scale a trusted, high-performance, inclusive, and collegial team culture. • Encourage team members to not only excel at their jobs and deliver for LPs but also to innovate products and solutions within the FoF platform and develop professionally. • Leverage the expertise of AMC team members and collaborate closely with IFC counterparts across various departments essential to the operating model of AMC and AMC-managed Funds. • Comfort operating as both an individual investment professional and team leader, given the lean size of the AMC FoF team. • Be a spokesperson for AMC both internally and externally, including in public fora, investor training sessions, and industry conferences. Investor Relations and Fundraising • Lead the fundraising of any new AMC FoF product, including developing and drafting PPM and pitchbook materials, while also managing, coordinating, and participating in investor roadshow presentations, the creation and management of the data room, handling DDQs in response to LP queries. • Contribute significantly to AMC’s vision of being the leader in equity mobilization for impact investing in emerging markets. This involves: o Building and maintaining strong relationships with existing and prospective AMC investors. He/she should be able to demonstrate strong, personal, and durable direct relationships with institutional investors, o Collaborate with AMC senior leadership, AMC fund teams, and IFC departments on product development, fundraising, origination, and execution. Leverage the FoF team’s unique perspective as an LP to provide operational value-add and strategic guidance; and o Develop and maintain good working relationships with the range of IFC and AMC teams that contribute to AMC’s mobilization mandate. • Assume immediate stewardship of AMC FoF team's existing sovereign, pension, insurance, and DFI LP relationships. Recognize the goals and nuances of each relationship to maintain and actively scale AMC’s and the FoF team’s existing investor relationships. Equity Investment and Portfolio Management • Lead the FoF team’s origination, pipeline evaluation, portfolio construction, structuring, and execution of FoF team investment programs, including investments in funds, platforms, and direct co-investments. • Coordinate and proactively manage the FoF team’s existing equity portfolio of funds and co-investments to increase the value and realize attractive returns for Limited Partners, including handling existing complex and challenging fund situations and bespoke end-of-life structures. • Develop relationships with senior management and serve as an Advisory Board member of investee funds to contribute to the performance of the underlying fund’s portfolio and strategic direction of the fund and GP. Engagement should have been through the full cycle of commitment, drawdown, value creation, restructuring where required, and liquidation. • Lead and generate high-quality material for quarterly and annual fund reporting. • Fund of Funds Investment Committee (IC) experience, including pipeline development, investment decision-making, commitment sizing, portfolio construction, and investment pacing, is a plus.