Location: Dubai & India

Experience: 15–20 Years

Industry: Investment Management / Private Markets / Capital Markets

About the Role A leading independent, multi-strategy investment firm is seeking an experienced Fund Manager to lead investment activities across SME IPOs, Mainboard IPOs, pre-IPO opportunities and listed small-cap equities.

The role requires a combination of strong fundamental investment judgement, capital-markets relationships, commercial acumen and disciplined portfolio management . The successful candidate will be responsible for the complete investment lifecycle, from sourcing and due diligence through execution, portfolio monitoring and exit.

Key Responsibilities

- Source and build a proprietary pipeline of SME IPO, pre-IPO, IPO anchor and listed small-cap opportunities through relationships with merchant bankers, investment banks, brokers, promoters and industry advisers.
- Lead fundamental underwriting, financial modelling, valuation, scenario analysis and investment due diligence.
- Evaluate promoter quality, corporate governance, related-party transactions, financial quality, capital allocation and business scalability .
- Assess IPO structures, valuations, dilution, use of proceeds, lock-ins, liquidity, free float and post-listing supply.
- Conduct management meetings, plant visits, customer/supplier checks and independent industry research to validate investment theses.
- Prepare concise, investment-focused papers and recommendations for the Investment Committee , covering thesis, valuation, catalysts, downside risks, governance and exit triggers.
- Construct and actively manage a high-conviction portfolio across listed equities, SME securities, IPO anchors and pre-IPO investments.
- Determine position sizing and manage investments through changing market conditions, liquidity considerations and post-listing price discovery.
- Monitor portfolio companies against investment theses and take timely decisions to add, hold, trim or exit .




- Maintain strong relationships across India's capital-markets ecosystem and negotiate transaction terms, allocations and valuations where required.
- Work closely with compliance, operations, legal advisers, custodians and other stakeholders to ensure disciplined execution and regulatory compliance.
- Mentor analysts and promote a culture of intellectual honesty, accountability, speed and independent investment judgement .

Candidate Profile

- 15–20 years of relevant experience in public equities, investment banking, merchant banking, PMS/AIF/fund management, pre-IPO investing or institutional broking.
- Proven experience in SME IPOs, Mainboard IPOs, pre-IPO transactions, small-cap or emerging-company investing .
- Strong network across merchant bankers, investment banks, brokers, promoters and transaction advisers.
- Demonstrable track record of making accountable investment recommendations or managing capital.
- Strong understanding of governance risks, valuation discipline, financial analysis and downside protection .
- Advanced skills in financial modelling, accounting analysis, valuation and portfolio analytics.
- Strong commercial negotiation skills and the ability to make high-quality decisions under compressed timelines and imperfect information.
- Excellent written and verbal communication skills, with the ability to present investment views clearly to senior stakeholders and investors.
- Willingness to travel extensively for management meetings, plant visits and market engagement.
- MBA (Finance), CFA, CA or equivalent qualification preferred.

What Success Looks Like

- Building a differentiated and repeatable pipeline of proprietary SME, mid-cap, pre-IPO and anchor opportunities .
- Delivering disciplined, risk-adjusted investment outcomes through rigorous underwriting and portfolio management.
- Developing robust and trusted relationships with key market participants.
- Demonstrating consistent valuation discipline, governance filtering and effective downside management .

📌 Fund Manager – SME, Pre-IPO & Small-Cap Investments (Mumbai)
🏢 Peergrowth India
📍 Mumbai