We are pleased to present an exciting opportunity for the role of Principal Officer with a new global healthcare fund being launched out of GIFT City, India. This fund is strategically focused on investing in the Indian healthcare market, with a significant emphasis on collaboration between the US and India.
Fund Details :
Fund Size: The fund is valued between $150 million and $200 million.
Investment Focus:
- 25% of the fund will be allocated to investments in the global MedTech market.
- 75% will focus on the Indian healthcare sector, including hospitals, pharmaceuticals, medtech, and other related areas.
Requirements
- Provide leadership in the Fund’s overall management, including investment strategy, risk management, compliance, and operations.
- Serve as the liaison between the fund and the International Financial Services Centres Authority (IFSCA)/other regulators.
- Oversee all fund management activities, ensuring alignment with fund objectives and regulatory requirements.
- Ensure adoption and implementation of robust AML/KYC, compliance, risk, and governance frameworks.
- Monitor fund performance, reporting, and disclosure processes in accordance with regulatory and investor requirements.
- Direct, train, and supervise staff to uphold high ethical, compliance, and operational standards.
- Drive continuous assessment and improvement of fund controls, policies, and procedures.
- Stay current on relevant laws, regulations, and industry trends.
Candidate Profile & Eligibility
- Professional degree, or postgraduate in finance, law, accountancy, business management, commerce, economics, capital market, banking, insurance, actuarial science, or equivalent recognized qualification.
- At least 5 years of relevant experience in areas such as portfolio management, investment advisory, asset/fund management, or related financial services.
- Demonstrated experience dealing with financial markets regulations.
- Sound knowledge of IFSCA/SEBI/RBI/SEZ regulations (preferred).
- Excellent communication, leadership, organizational, and stakeholder management skills.
- Meets “fit and proper” person criteria.
- Willingness to be physically based in GIFT City.
Benefits
This role presents a unique opportunity to be part of a pioneering venture in the healthcare investment space, bridging opportunities between the US and India. If you are passionate about healthcare innovation and eager to make a significant impact, we encourage you to consider this opportunity.