About this role
ROLE PURPOSE:
The Investment Associate will support the origination, execution and ongoing monitoring of investments in companies located predominantly across the East Midlands. The Mercia MEIF II Fund is an early-stage investment fund that typically invests up to £5,000,000 in businesses operating across Health and Life Sciences, Software and AI, Consumer, and Deep Technology. The role-holder will build strong relationships and a deep professional network across the region to identify high-quality investment opportunities aligned with the fund's strategy. The Investment Associate will also support the end-to-end investment process, including market research, commercial and financial due diligence, investment analysis, transaction execution and the monitoring of portfolio companies.
LOCATION: East Midlands (Nottinghamshire/Leicestershire / Buckinghamshire (Milton Keynes)) with frequent travel across the East Midlands Region
RESPONSIBILITIES:
• Conducts market and sector research to identify attractive investment opportunities, presents evidence-based findings and makes well-supported recommendations.
• Builds and maintains a strong regional network of advisers, founders, investors, universities and other ecosystem partners, becoming an active and credible member of the East Midlands start-up and scale-up community.
• Develops a strong understanding of the UK venture capital landscape, including the role of private capital in supporting business growth and generating investment returns.
• Supports the assessment of prospective investments through financial analysis, modelling, valuation work and scenario analysis, with appropriate guidance.
• Supports commercial, financial and operational due diligence, identifying key value drivers, risks, mitigations and areas requiring further investigation.
• Contributes to the preparation of clear, concise and well-evidenced investment papers and supporting materials for Investment Committee consideration.
• Monitors the operational and financial performance of portfolio companies against agreed plans, milestones and budgets.
• Applies strong analytical judgement to understand performance variances, emerging risks and opportunities, and communicates findings clearly to the investment team.
• Undertakes sector, valuation and M&A research to inform exit planning, value-creation initiatives and portfolio decision-making.
• Maintains accurate, complete and up-to-date records within the Group CRM and other relevant systems.
SKILLS & EXPERIENCE:
• Strong analytical and commercial skills, with the ability to assess business models, markets, financial performance and investment risks.
• A strong record of academic achievement; a relevant degree or equivalent professional experience is strongly preferred.
• Experience of working with, advising or assessing businesses in deep technology, hardware or life sciences is desirable.
• Experience of financial analysis, financial modelling and valuation is required.
• Knowledge of venture capital, private equity, corporate finance or M&A markets is desirable.
• Experience of supporting the preparation of investment papers and, with appropriate support, presenting well-researched proposals to an Investment Committee is preferred.
• Excellent written and verbal communication skills, with the confidence to build effective relationships with founders, advisers and colleagues.
• Strong interpersonal skills, sound judgement and a collaborative approach to working within a high-performing team.
• Experience of working in a regulated environment, with an understanding of the importance and potential consequences of non-compliance with legislative, statutory and regulatory requirements.
• Advanced Excel skills are essential, together with a good working knowledge of other Microsoft Office applications.
• Alignment with Mercia's core values: Growth Focused, Responsive, Knowledgeable and Trusted.
• A full driving licence and willingness to travel regularly to Mercia offices, portfolio companies and other stakeholder locations.
• The right to work in the UK.
CULTURE OF EXCELLENCE:
• Energy & Enthusiasm: Brings their best effort to work each day, approaches colleagues and opportunities positively, and contributes energy to the wider team.
• Teamwork & Support: Collaborates openly, shares knowledge, challenges ideas constructively and supports agreed team decisions
• Ambition & Growth: Sets high standards, looks for ways to improve and embraces stretching assignments as opportunities to learn and develop