Role Overview

This is a buy-side investment role within a Category II AIF, focused on sourcing, evaluating, and executing investments in late-stage, pre-IPO, and high-growth unlisted companies.

The role requires end-to-end ownership of investments from deal origination to exitwith the objective of delivering strong risk-adjusted returns and fund-level IRRs.

Key Responsibilities

1. Deal Sourcing & Origination

- Build and manage a proprietary pipeline of pre-IPO and unlisted investment opportunities
- Source deals through founders, VC/PE funds, investment banks, family offices, and internal networks
- Identify:
- Secondary liquidity opportunities
- Pre-IPO placements and anchor allocations
- Structured transactions and negotiated secondaries

- Track companies early in the IPO pipeline (pre-DRHP stage)

2. Investment Evaluation & Due Diligence

- Conduct detailed fundamental analysis:
- Financial performance and projections
- Unit economics and profitability trajectory
- Market size, growth drivers, and competitive positioning
- Governance and promoter quality

- Assess IPO readiness and exit visibility
- Build clear investment theses with defined risk-return frameworks

3. Valuation & Deal Structuring

- Benchmark valuations using:
- Listed comparables
- Private market transactions
- IPO valuation ranges

- Maintain strict pricing discipline and margin of safety
- Structure investments across primary and secondary transactions
- Negotiate key terms including rights, liquidity provisions, and downside protection

4. Execution & Transaction Management

- Lead end-to-end deal execution:
- Term sheet due diligence documentation closure

- Coordinate with legal, compliance, and counterparties
- Ensure adherence to SEBI Category II AIF regulations

5. Portfolio Construction & Monitoring

- Build a high-conviction portfolio across unlisted and pre-IPO companies




- Manage sector allocation, position sizing, and entry timing
- Monitor portfolio performance against underwriting assumptions
- Engage with management teams and track operational and governance developments

6. Exit Strategy & Liquidity Management

- Plan and execute exits through:
- IPO listings
- Secondary market transactions
- Strategic sales

- Optimize IRR through timing and liquidity planning
- Track post-listing performance and lock-in dynamics

7. Platform Synergies & Liquidity Creation

- Leverage internal distribution and unlisted ecosystem for:
- Deal sourcing
- Price discovery
- Liquidity creation

- Identify partial exit and down-selling opportunities at premium valuations

8. Investor Engagement & Fund Support

- Support fundraising and investor communication efforts
- Participate in discussions with family offices, HNIs, and institutional investors
- Contribute to investment materials, IC notes, and investor updates

9. Market Intelligence & Risk Management

- Track IPO pipeline, sectoral trends, and regulatory developments
- Identify emerging investment themes early
- Manage key risks including valuation, liquidity, and governance

Ideal Candidate Profile

- CA / CFA / MBA from a top-tier institution
- 3 to 8 years of experience in private equity, venture capital, pre-IPO investments, or investment banking
- Strong skills in:
- Financial modeling and valuation
- Deal sourcing and execution
- Stakeholder management (founders, investors, intermediaries)

What This Role Requires

- Solid buy-side investment mindset with ownership of outcomes
- Ability to source differentiated, proprietary opportunities
- High conviction combined with valuation discipline
- Deep understanding of IPO markets and liquidity cycles

Compensation

- Competitive salary in line with market standards
- Performance-linked bonus
- Participation in fund carry (subject to firm policy and vesting terms)

📌 Investment Manager Buy Side (Mumbai)
🏢 Analah Capital
📍 Mumbai