Senior Investment Manager - Ventures

Octopus Energy

3800

London, UK, United Kingdom

Posted on: 2024-02-02

Category: energy

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Employment type:

Full time

Experience required:

Senior

Salary

Salary not provided

About the company:

We're on a mission to make a big green dent in the universe by building a truly sustainable energy system globally.

That means making power greener, smarter, and more affordable for everyone.

We put customers at the heart of everything we do: with always-fair prices, transparency and outrageous customer service.

We drive system change: with transformative tech to make renewable energy the norm and end global reliance on fossil fuels.

Octopus Energy Group is made up of 10 businesses spanning 6 countries across 3 continents, including: Octopus Energy Retail, Kraken Technologies, Octopus Energy Generation, Kraken Flex, Octopus Electric Vehicles, and the Octopus Centre for Net Zero. More on OEG @ octopusenergy.group

Octopus Energy Generation is one of Europe’s fastest growing investors in renewable energy. Now with £6bn in assets under management, Octopus Energy Generation is committed to driving the green energy revolution faster than ever before. From large solar projects and wind farms, to more localised people led renewables in the form of the Fan Club, Octopus Energy Generation manages a diverse set of assets on behalf of some of the world’s largest institutional investors.

2024 is going to be big. We are taking a leap further in enabling net zero by bridging the early growth funding gap for IP rich, step change innovation. Octopus Energy Generation is launching a climate tech, institutional capital ventures strategy, and we are looking for a mission led, driving force to join us.

The individual will be pivotal in shaping the strategy and bringing a new growth stage venture fund to market. We are open to background preferring to back self-starters who love the mission and will be committed to making it happen. The individual will likely have a track record of supporting IP rich / deep tech or climate tech ventures at the Series B stage onwards.

Essential Job Functions

You'll divide your time into:

Fund ideation and set-up

Contribute to developing the fund thesis

Participate in fund economic modelling and portfolio construction

Coordinate fund set up with service providers

Prepare fund materials for LP due diligence

Support with fund marketing and LP discussions

Finding new opportunities

Attend and speak at industry events

Build and maintain a deep network in the UK and European VC ecosystem

Lead deep dives, industry analysis and market mapping of relevant sectors

Track and chase companies, you are excited about

Keep up to date and have a genuine interest in the developments and trends in climate tech and the VC and Growth investing landscape

Leading of new investments

Take responsibility of all aspects of the deal process

Lead due diligence, manage advisors, conduct site visits and expert interviews, assess market opportunity and sensitize financial forecasts

Recommend and own valuation and ideal round structure

Prepare internal briefing and IC documents

Present and sell new opportunities internally to the investment and the partners

Portfolio / board work and fund

Take on board positions

Find and recruit portfolio NEDs

Draw on own and team network to support portfolio companies where possible

Build close working relationships with founding teams of portfolio companies

Manage complex situations within the portfolio incl. performance management, follow-on rounds and exits

Act as an Octopus Energy Generation representative in front of multiple stakeholders including investors in our funds, entrepreneurs, other VCs and corporates

Coaching more junior team members and leading the growth origination efforts

Coach and mentor junior team members to help complement their investor skill set and make high quality investment recommendations

Lead the venture team’s concerted origination efforts, chair WIP meetings, own and track the team’s opportunity generation efforts

Support the team lead in defining the team’s strategy driving growth

Be proactive in suggesting and pursuing opportunities to grow Octopus Energy Ventures’ growth investment practice

We know you have what it takes, if you have

Extensive relevant professional experience; likely but not necessarily including

Originating, leading and executing investments in climate/ deep tech VC or growth capital;

Being a key contributor in making and executing on investment recommendations;

Working with and monitoring portfolio companies;

Having acquired a strong analytics and strategy tool kit in strategy consulting, investment banking or a commercial or financial role in tech

Demonstrable experience leading and coaching junior team members;

A strong passion for climate/ deep tech investing and knowledge of the VC ecosystem;

Board experience (advantageous, but not crucial).

You’ll be a great fit for the team, if you are

A grafter who loves getting stuck in

A self starter who enjoys exploring opportunities for growth and runs at them

Mission driven to achieve impact at scale

A team player who wants to be part of a tight and ambitious team

Naturally curious and passionate about the companies we invest in and the ecosystem they operate in

Prepared to get involved in every aspect of fund management

Ambitious and takes pride in your workComfortable working in a fast-paced environment

Why you'll love it here

Wondering what the salary for this role is? On a call with one of our recruiters, this is always something we cover as we genuinely want to match your experience with the correct salary. The reason why we don't advertise is because we honestly have a degree of flexibility and would never want salary to be a reason why someone doesn't apply to Octopus - what's more important to us is finding the right octofit! We will also ask your current salary - we want to let you know this upfront so you're comfortable talking about it on a call with us.

Octopus Energy is a unique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. We want your hard work to be rewarded with perks you actually care about! We won best company to work for in 2022, our Group CEO, Greg has recorded a podcast about our culture and how we empower our people. We’ve also been placed in the top 10 companies for senior leadership

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