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.