Investment Director

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 FunctionsYou'll divide your time into:Fund ideation and set-upContribute to developing the fund thesisParticipate in fund economic modelling and portfolio constructionCoordinate fund set up with service providersPrepare fund materials for LP due diligenceSupport with fund marketing and LP discussionsFinding new opportunitiesAttend and speak at industry eventsBuild and maintain a deep network in the UK and European VC ecosystemLead deep dives, industry analysis and market mapping of relevant sectorsTrack and chase companies, you are excited aboutKeep up to date and have a genuine interest in the developments and trends in climate tech and the VC and Growth investing landscapeLeading of new investmentsTake responsibility of all aspects of the deal processLead due diligence, manage advisors, conduct site visits and expert interviews, assess market opportunity and sensitize financial forecastsRecommend and own valuation and ideal round structurePrepare internal briefing and IC documentsPresent and sell new opportunities internally to the investment and the partnersPortfolio / board work and fundTake on board positionsFind and recruit portfolio NEDsDraw on own and team network to support portfolio companies where possibleBuild close working relationships with founding teams of portfolio companiesManage complex situations within the portfolio incl. performance management, follow-on rounds and exitsAct as an Octopus Energy Generation representative in front of multiple stakeholders including investors in our funds, entrepreneurs, other VCs and corporatesCoaching more junior team members and leading the growth origination effortsCoach and mentor junior team members to help complement their investor skill set and make high quality investment recommendationsLead the venture team’s concerted origination efforts, chair WIP meetings, own and track the team’s opportunity generation effortsSupport the team lead in defining the team’s strategy driving growthBe proactive in suggesting and pursuing opportunities to grow Octopus Energy Ventures’ growth investment practiceWe know you have what it takes, if you haveExtensive relevant professional experience; likely but not necessarily includingOriginating, 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 techDemonstrable 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 areA grafter who loves getting stuck inA self starter who enjoys exploring opportunities for growth and runs at themMission driven to achieve impact at scaleA team player who wants to be part of a tight and ambitious teamNaturally curious and passionate about the companies we invest in and the ecosystem they operate inPrepared to get involved in every aspect of fund managementAmbitious and takes pride in your workComfortable working in a fast-paced environmentWhy you'll love it hereWondering 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 leadershipTo support your application we would also like you to answer the following pre-screening questions. Feel free to submit them in any shareable format to #####. 1) For a Series B, £500m venture fund how would you plan portfolio construction?2) Which market challenges and technological solutions for net zero are you most bullish on and why?3) What fund value add would you develop, for what reasons, and how would you build it?4) Which 2 companies would you invest in first and why?If this sounds like you then we'd love to hear from you. Are you ready for a career with us? We want to ensure you have all the tools and environment you need to unleash your potential.Need any specific accommodations?Whether you require specific accommodations or have a unique preference, let us know, and we'll do what we can to customise your interview process for comfort and maximum magic!Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we hire. Across Octopus, we're looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.
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