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Chief Executive Officer (on contract basis)

SIDBI Venture Capital Ltd. (SVCL) is an asset management company, presently managing two venture capital funds aggregating 600 crore. A third fund, India Opportunities Fund is being raised with a target corpus of 1,000 crore and is in an advanced stage of achieving first closure. SVCL is a subsidiary of SIDBI, the principal Development Financial Institution for promotion, financing and development of MSMEs.

SVCL is looking for an experienced professional for the position of Chief Executive Officer (CEO). CEO would have responsibility for product strategy of the new fund, negotiating & structuring of deals and be responsible for mentoring, team development and overall fund performance. The CEO will be in-charge of the day-to-day operations of SVCL and will have to meet and manage the expectations of shareholders and investors in the VC funds managed by SVCL. Besides, CEO should have proven fund raising (domestic / international) and investing capabilities and fulfill the mandate of SVCL in supporting the growth of SMEs and service sector.

The candidate should have a passion for VC business and not be over 52 years of age as on June 1, 2011 with at least 15 years of relevant experience in one or more areas viz., Venture Capital, Private Equity, Investment Banking, early stage financing etc. The candidate should also have experience in raising finance for SME ventures or technology and / or service oriented projects from PE Funds, VC Funds, Angel Investors, Banks, FIs / NBFCs etc.

The candidate should have –

  • Capability to identify potentially successful business ventures and ability to analyze project viability (both technically and commercially).

  • Knowledge of multiple industry sectors with proven capability to add value to investments, take investee companies on a high growth path and do IPOs.

  • Proven strategic leadership, management and decision making skills, strong commercial acumen and demonstrated experience in managing diverse stakeholders.

  • Understanding of the valuation methodologies (as per international norms) and would assume responsibility for fund valuation, profitable exits and investor relationship.

The appointment shall be initially for a period of five years subject to renewal by mutual consent. The remuneration is negotiable and would be on a Cost to Company basis. No residential accommodation will be provided by SVCL.

The Company offers a challenging work environment. Professionals with proven track record of high performance and potential may write in strict confidence with detailed CV together with present and expected CTC. The applications need to be forwarded to SVCL on or before close of office hours on June 07, 2011 either by e-mail to info@sidbiventure.co.in or by post in a cover superscribed "Application for the post of Chief Executive Officer" addressed to -

Chairman,
SIDBI Venture Capital Limited,
Ground Floor, MSME Development Centre,
C-11, G Block,
Bandra Kurla Complex,
Bandra East, Mumbai - 400 051.