Investments Director or Manager

· Remote, California
Employment Type Full-Time
Minimum Experience Mid-level

About us: Connect Humanity is a fund advancing digital equity. We support, catalyze, and scale holistic solutions providing people with the internet access and means needed to participate fully in a digital society. Our work centers on the 3.6 billion people who are currently disconnected from the online world and equal opportunity to essentials like financial security, education, and healthcare.  We advance our mission by making philanthropic grants, providing structured loans, advocating for policy change, conducting research, and supporting a community of practice dedicated to connecting the unconnected backed by the capital to do so. Our expert team blends a deep knowledge of connectivity policy and technology with decades of experience managing multimillion-dollar philanthropic programs and global investments. We focus on the financial realities of this massive and multifaceted problem, offering support when, where, and how it is needed. Alongside our partners, we take a holistic approach to achieving digital equity, supporting projects in five interrelated areas:

  • Infrastructure: Supporting, catalyzing, and scaling non-traditional operators to meet the needs of underserved communities and expanding access to devices.
  • Affordability: Highlighting best practices and de-risking financing and business models to connect the unconnected, pioneering blended capital models to sustainably support network builds, and investing in technology at key points in the connectivity stack to reduce the cost of building networks.
  • Digital Skills: Innovating in delivering digital literacy at scale while increasing the pipeline and community of network engineers working in the public interest.
  • Locally Relevant Content: Developing and sharing best practices in scaling the production of locally relevant content, which is a critical incentive to use the internet.
  • Policy: Building grassroots power and advocating for changes to accelerate the rate at which people are connecting.

About the role: We are looking for an Investments Director or Manager (depending on candidate’s level of experience) to support the identification, evaluation, and structuring of digital equity investment opportunities. This role is a key member of our organization’s Investment Team, reporting to the Chief Investment Officer, and will play a pivotal role in deploying capital to connectivity projects and non-traditional operators. While we have a creative, collaborative team culture based on constructive candor where good ideas can come from anywhere in the organization – we all play on Team Internet here –this role will have primary responsibility for:

Developing Connect Humanity’s investment strategy and the infrastructure to deploy impact capital at scale

  • Understanding the digital equity and investment landscape; assessing Connect Humanity’s unique value proposition as an impact investor
  • Designing and modeling innovative financing vehicles and transaction structures that solve for both community and operator needs
  • Structuring and fundraising investment funds with a range of investors from philanthropic funders to private capital markets

Driving the financial analysis of business plans for connectivity projects and non-traditional operators

  • Understanding the implications of relevant federal, state, and local regulations and funding opportunities on Connect Humanity’s investment case
  • Developing the investment case and all related analysis, including analyzing the impact of underlying assumptions and sensitivities on project cashflows
  • Leading the investment process to close, including structuring and negotiating key terms, post-investment management, and monitoring progress of connectivity projects 
  • Drafting investment memoranda to present to Connect Humanity’s Investment Committee and other key stakeholders

Building Connect Humanity’s pipeline of investment opportunities, and network of non-traditional operators and communities seeking to advance digital equity

  • Cultivating relationships with various connectivity partners and non-traditional operators, including providers involved with engineering, construction, middle mile, ISPs, etc
  • Sourcing investment opportunities that advance digital equity, including innovating new partnership and investment models
  • Supporting communities seeking to advance digital equity in navigating complex stakeholder situations and design decisions

Other Duties and Responsibilities:

  • Manage interns, consultants, and vendors on projects furthering organizational goals overseen by the office of the CIO. 
  • Represent the organization in certain national and international forums. 

Education and Experience:

We’re open to a number of different backgrounds for this role, and would strongly encourage members of underrepresented communities to apply. We care more about your ability to deliver on these responsibilities and your passion for this work than the letters after your name or where you went to school. In turn, we’re committed to ensuring that you have the support necessary to succeed. That said, we think the right candidate will probably have several of these qualifications:

  • 10+ years (director) or 6+ years (manager) of professional experience with significant investment and analytical responsibilities
  • Significant experience leading across the deal lifecycle, including driving investment due diligence and transaction processes
  • Demonstrated expertise in analyzing, structuring, and closing investments with preference for impact-centric, blended finance, and bespoke financing (e.g., guarantee, PRI, impact bonds, demand dividend, revenue-based financing, project financing, etc)
  • Comfort in conducting complex analysis in Excel and presenting complex concepts in PowerPoint 
  • Demonstrated passion for social impact and impact investing, particularly the intersection with Connect Humanity’s mission and deploying capital
  • Critical thinker with a can-do approach to problem solving, disaggregating large/complex problems to identify underlying drivers and critical nuances 
  • Comfort with ambiguity and managing workload given shifting and/or competing priorities 
  • Excellent written and oral communication skills, including communicating complex topics in simple, direct language 
  • Demonstrated ability to work cross-culturally with a collaborative approach to engaging communities and key stakeholders that support Connect Humanity’s mission and programs
  • Connects with the urgency and importance of the work, while modelling compassion, humility, and conviction in the workplace
  • Open to domestic and international travel when it is safe to do so

Additional preferred qualifications include:

  • Experience with connectivity in global geographies (e.g., Central America, South America, Sub-Saharan Africa, Asia) and in various sectors (public, private, non-profit)
  • Familiarity with various business models for middle and last mile connectivity, key drivers of network revenue and cost models, and capex for digital infrastructure
  • Exposure to digital infrastructure, various network owner/operator models, technical assets and modalities (fiber, wiress, etc)

About Benefits, Salary, and Location: 

Initially, the institutional home of Connect Humanity will be with our fiscal sponsor, Tides Center, which offers a competitive benefits package including medical, dental, vision, and retirement savings plan. We expect to offer a similar benefits package when we transition to our own legal infrastructure.

The expected salary range for this role is $100,000-150,000 (depending on level of experience) plus bonus.

We’re currently an all-remote team and open to applicants from around the world. 

Connect Humanity is an equal opportunity employer and does not discriminate in its selection and employment practices on the basis of race, color, religion, sex, national origin, political affiliation, sexual orientation, gender identity, marital status, disability, genetic information, age, membership in an employee organization, or other non-merit factors. 

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  • Location
    Remote, California
  • Employment Type
  • Minimum Experience