Mulago is a foundation that finds and funds high-performance organizations that tackle the basic needs of the very poor. Scalable solutions to climate and conservation challenges fit into our mission.
Rare Job Opening on the Mulago Team: Investment Principal
We’re looking for an exceptional person to join our small shop in San Francisco. The primary responsibility for this role is to grow and manage a diverse portfolio of social investments - we’d be particularly excited to find someone with a lot of operations experience. Please share opportunity with anyone that you think might be interested.
We’re known for an unabashed obsession with measurable impact and scale. We find and fund organizations that are on the early side of their scale journey, and we support them throughout that journey.
How we fund is as important as who we fund.O ur job is to serve those who do the real work on the ground. Our money has no meaning unless they turn it into impact, so we get them what they need with the most respect and the least hassle possible.We have a high-touch funding model, and we work hard to make it productive for all concerned.
We are a small shop with the spirit and energy of a mission-driven start-up. This means we’re all clear on the big vision, but also comfortable with the inevitable ambiguity that comes with trying to bring it into being. We do our work in teams, and we don’t waste time. Everybody does a bit of everything, in addition to their core role. The Mulago office is an informal and flexible environment that makes the work more fun and more effective. We’ve missed it in 2020 but know we’ll get back to it soon. We always value productivity over time at your desk, and we think our team should get away from our desks as much as possible. That usually means getting on a plane: it is core to our brand and the quality of our work that we spend as much time as we can on site with our Fellows and our Portfolio organizations.
THE INVESTMENT PRINCIPAL POSITION
We’re looking for an exceptional person to focus on our portfolio of scalable solutions. As part of the Portfolio team, the Investment Principalwill evaluate, manage and support new and continuing social investments. Most of Mulago’s investments are in the form of grants, but we also occasionally do debt and equity financing.
This isn’t a “program officer” position. We don’t work that way. Our investments are handled as a team, and there are no silos. However, you will lead and shepherd relationships. With excellence in the core elements of the job, there will come the opportunity to play an important role in other important Mulago activities.
THE IDEAL CANDIDATE
You share our funding philosophy (How We Fund)and a bias for action over talk. You’re comfortable and flexible with changes in course and circumstances. Humor comes easily to you as a way to relate to and interact with people. You can work hard and smart without a lot of supervision. You realize that your role as a funder is to support and serve the people doing the work. Travel, often in less-than-optimal conditions, is a big part of this job–you need to love it.The right person is entrepreneurial, thinks creatively, and would be eager to put his/her passport and rolodex (OK, iPhone) to good use in service of social impact at scale.
Our team has grown a lot in the past few years. We now find ourselves in the privileged position of imagining an ideal candidate to complement the rest of us. We have a bias for more diversity on the team, in every form: we’re always looking to add diversity of background, thought, personal journey, and professional experience.We already have a deep bench of folks with foundation and investing experience, so a social entrepreneur or somebody who has built and lived "operations" would contribute a relished, fresh perspective.
Qualifications –big pluses:
This is a full-time job based in San Francisco. While our team is virtual now, when COVID eases, we will all (including this role) work at Mulago’s office on Russian Hill in San Francisco, with some telecommuting possible. Pay and benefits are competitive, including medical, dental, vision, life, and short term + long term disability insurance, 401K + employer match, unlimited PTO, and more. Most importantly: you will be inspired every day by the Portfolio that you support and the impact they create.
Unfortunately, we aren’t able to sponsor working visas.
If you’re interested, and feel you’re qualified, please send CV and a brief statement as to why this job is a good fit for you to.