Established in 2012, BECO Capital is one of the first venture capital firms in the GCC and the largest non-governmental VC in the region, managing $486 million in assets under management (AUM). BECO is sector-agnostic and primarily invests in Seed to Series A companies in the MENA region. Notable investments include some of the region’s biggest success stories: Careem ($3B+ exit), Property Finder ($1B+ exit), and Kitopi. BECO also has a sophisticated investor base of esteemed institutional investors and upholds high standards of governance to ensure their continued trust and partnership.
BECO Capital gets its name from the rocket launch event Booster Engine Cut Off, which occurs when the vessel has achieved sufficient altitude to exit the earth’s atmosphere. Our mission is to drive true innovation and progress in the region whilst being the most impactful investor, partner, and friend to the most talented founders MENA has to offer.
The Investment Associate role is a critical role in BECO’s investment team, and offers a unique opportunity to shape a new strategy for one of the region’s largest non-governmental venture capital firms. As a key member of the investment team, you'll be working directly with the investment team to conduct due diligence on prospective investments as well as manage the portfolio. If you're ready for an exciting entrepreneurial journey, read on and let’s connect!
Responsibilities
- Portfolio Oversight: Support in portfolio monitoring and ensure accurate data collection for regular LP updates. Drive portfolio reviews and prepare strategic summaries for senior leadership.
- Deal Due Diligence: Contribute to due diligence for new deals and follow-on rounds, collaborating with General Partners to ensure thorough and timely analysis aligned with investment criteria. Assist in the preparation of investment related materials for pitch decks and due diligence materials where needed.
- Modelling & Data Analysis: Preparing in-depth and robust models from scratch for each analyzed opportunity (web analytics, market sizing, unit economics, CAC/LTV modelling, cohort analysis etc.).
- Valuation and Risk Analysis: Oversee valuation models and sensitivity analyses, assessing risks and testing scenarios for potential returns. Mentor junior team members in these processes.
- Product and Service Evaluation: Lead product demos and testing, providing strategic feedback and comparisons to inform investment decisions.
- Market and Economic Analysis: Direct market research and analysis to identify high-impact opportunities and emerging risks, ensuring actionable insights for the investment team.
- Research: Gather research and analysis for deal primers and investment memos for new and existing opportunities. Contribute to creating all IM’s from initial memos all the way up to follow-on memos.
- Document & System Management: Performing data entry tasks as needed, ensuring accuracy and timely input of key information received from our portfolio companies into our internal systems. Maintaining and ensuring all documents (legal documents, portfolio company updates, etc). are up to date and maintaining portfolio information and updates.
Requirements
- Minimum 4 years of experience in VC, public markets, or investment banking.
- Demonstrated experience in producing market research reports and presenting to senior leadership.
- Ability to manage stakeholders using effective communication, relationship building and emotional intelligence.
- Proficiency in building and analyzing financial and business models using commercial acumen, advanced Excel skills, knowledge of basic accounting principles, in addition to being data-driven.
- Strong critical thinking skills with an investor mindset and the ability to multitask under pressure while being adaptable and resilient.
- Experience in analyzing companies on a micro and macro level while having an in-depth understanding of investment metrics.
What Success Looks Like
- Demonstrate a deep understanding of market trends, conducting comprehensive research to identify lucrative investment opportunities while mitigating risks.
- Collaborate effectively with the investment team, providing valuable analysis and insights, contributing to well-informed investment decisions and supporting the preparation of investment-related materials.
- Ensure timely portfolio management, maintaining updated documents, and effectively communicating updates to stakeholders, fostering transparency and trust.
Benefits
- Competitive compensation package, top-tier medical insurance coverage and relocation package if relocating to the UAE.
- Professional training & development budget.
- Flexible working location during the summer period.
- Birthday and work anniversary days off.
Check out our website here and our careers page here to learn more about our culture. Thank you for considering BECO and we look forward to connecting!
