Investment Director Private Credit

Introduction

Climate Fund Managers is a climate-focused blended finance investment manager operating in emerging markets across Asia, Africa and Latin America. We raise and deploy blended climate finance funds, working in partnership to deliver climate-resilient solutions at scale and pace.

With over USD 2.8 billion in assets under management and targeting an additional USD 4 billion, our private equity and private credit facilities address key areas of climate change mitigation and adaptation, including: renewable energy; waste and maritime; energy transition and green hydrogen; and sustainable cities and the built environment.

We currently have over 50 active projects across our Climate Investor One, Two and Three equity funds and have recently expanded into private credit through the GAIA Climate Loan Fund.

Our funds are supported by public and private sector organisations. Public capital is deployed strategically to balance risk and mobilize private sector capital, enabling investment across the project lifecycle - from development to construction and operation.

Established in 2015, Climate Fund Managers is a joint venture between Dutch development bank FMO and Sanlam InfraWorks of the Sanlam Group of South Africa, with offices in The Hague, Cape Town, Singapore, and Bogotá.

About Private Credit at Climate Fund Managers 

We currently manage a portfolio of equity funds focused on climate change mitigation and adaptation and have recently expanded into private credit through the GAIA Climate Loan Fund (“GAIA”).

This expansion builds on our blended finance model and enables us to provide a broader range of financing solutions, complementing our existing equity platform and supporting a broader range of climate infrastructure projects.

Through GAIA, we are able to:

Provide debt financing to support climate infrastructure projects

Offer flexible, structured credit solutions tailored to emerging market conditions

Support both new investments and existing portfolio companies, including follow-on financing

Provide financing to a range of counterparties, including private, public and quasi-public entities

GAIA will provide loans to predominantly climate adaptation projects in emerging markets, with a focus on Least Developed Countries (LDCs) and Small Island Developing States (SIDS). The fund targets a total size of USD 1.48 billion, with first close at USD 600 million achieved in 2025 and final close anticipated in 2027. The fund was co-founded by MUFG Bank, FinDev Canada, and the Green Climate Fund (GCF), the world’s largest dedicated climate fund.

GAIA’s financing activities focus on climate resilience, alongside climate mitigation, across sectors including food and water security, infrastructure, the built environment, ecosystems and ecosystem services. The fund invests across emerging markets in Africa, Asia and Latin America, with a particular focus on LDCs SIDS.

Building on this, we are developing additional private credit strategies and initiatives, positioning private credit as an increasingly important part of our platform.

Job Purpose:

With the launch of GAIA, and further Asia focused credit vehicles in incubation, we are seeking an experienced Investment Director Private Credit to join our Private Credit team in Singapore.

The Investment Director Private Credit is responsible for leading origination, structuring and execution of private credit investments across Asia, while also supporting the development of new private credit strategies and funds.

The role will help ensure our private credit funds align with global sustainability standards and deliver long-term value to investors through responsible investment practices.

This role combines deal leadership, market development and fund-building, requiring deep regional networks, strong credit expertise and strategic leadership. Regular travel will be required to target countries and meetings with key stakeholders.

Key Duties and Responsibilities: 

Origination & Deal Leadership

Lead proprietary deal sourcing across Asia (with a focus on climate infrastructure, energy transition and sustainable assets)

Build and maintain strong sponsor, developer and intermediary relationships

Develop country and sector origination strategies

Lead end-to-end transaction execution, including screening, structuring, due diligence, negotiation and closing

Develop innovative credit solutions, including structured credit, blended finance, mezzanine and project finance debt

Strategy & Build-Out

Co-lead the design, strategy and positioning of new private credit funds

Execute the investment strategy (geography, sectors, risk-return profile); target pipeline origination and formation, deployment plan and differentiation vs. competitors

Support fundraising efforts by engaging with LPs (DFIs, pension funds, insurers, sovereign wealth funds) and contributing to investment narratives and marketing materials

Interface with CFM’s fundraising & distribution team on the LP distribution list, establishment of a fund data room and support in coordination of meetings with future LPs, participate in periodic distribution calls

Fund Structuring & Financial Model

Ongoing fund structuring, investor engagement & due diligence

Supervision of and periodic updates to the fund and manager models

Work closely with the credit risk team on the implementation of rating model

Support on the implementation of our Private Credit platform in Asia, including organizational structure

Regulatory and compliance

General supervision of regulatory and compliance matters related to fund establishment and management in close cooperation with internal teams

Work closely with risk and assurance departments on the implementation of the fund’s risk and compliance framework

Project Management

Co-lead new private credit initiatives, including management of the project team

Overall project and process management to progress the new credit initiatives to final approvals, fund establishment and (preparation for) first close

Manage and draft internal approval papers for Management Board, Supervisory Board and Shareholders

Work in close coordination with relevant departments including distribution & fundraising, private credit, structuring & valuations, governance, ESG, HR, operations and Assurance

Documentation for new private credit fund initiatives

Work closely with external legal advisor and internal legal department in drafting key fund documentation, including management agreement(s), partnership agreement, subscription agreement and side letters

Negotiating of/ agreement on key (commercial) clauses with key (internal and external) stakeholders

Market Development & Thought Leadership

Act as a regional ambassador for Private Credit Investments in Asia.

Identify emerging credit opportunities in underpenetrated markets.

Contribute to thought leadership in private credit, climate finance, and blended finance.

Represent the firm at industry events, LP meetings, and conferences.

Required Skills & Experience:

Chartered Accountant, CFA, or Engineering degree with an MBA or equivalent masters.

15+ years’ experience in private credit, structured finance, or investment banking, with a strong record in origination, structuring and execution.

Self-starter with strong analytical, communication and negotiation skills.

Proficiency in English plus one or more Asian languages.

Demonstrated ability to lead complex transactions across technical, financial and legal workstreams, engaging internal specialists and external stakeholders (incl. government, shareholders and lenders).

Strong knowledge of applicable regulations, ESG principles and compliance standards (incl. IFRS).

Excellent planning, prioritization, project, process and team management capabilities.

Strong business judgment with an analytical, pragmatic and creative approach to problem solving.

Advanced proficiency in Excel, Word and PowerPoint.

Proven experience and networks in South & Southeast Asia.

Work authorization and residency in Singapore.

Preferred

Established relationship network across South & Southeast Asia.

Experience working with both private- and public‑sector stakeholders.

Familiarity with blended finance, climate credit instruments, and related products (e.g., green and social bonds).

Working knowledge of one or more languages relevant to target countries in Southeast Asia

Skills & Attributes 

Self-driven, proactive, and delivery-focused, with high integrity and discretion.

Problem Solver and Strategic thinker with strong analytical and problem-solving abilities

Manage and Influence stakeholders and drive decision-making at all organizational levels

Systematically organize stakeholders, activities, timeframes and priorities

Situational Awareness and effective product and market orientation

Effective communicator and collaborator across technical and non-technical teams

Ability to manage projects balancing long-term goals with day-to-day execution

Commitment to fostering a culture of innovation, accountability, and continuous improvement

Behavioural Competencies:

Decisiveness: Independently makes firm, timely decisions and has the courage to stand by them—even under uncertainty.

Negotiating: Reaches agreements in situations where objectives are shared but interests differ, using persuasion and balanced judgment.

Planning: Systematically organizes activities, sets timeframes and priorities to ensure effective execution across complex transactions.

Result‑Oriented: Maintains a strong focus on achieving objectives and delivering outcomes, persevering through challenges inherent in emerging market transactions.

Organizational Sensitivity: Recognizes how decisions and actions impact other parts of the organisation and stakeholders, navigating dynamics effectively.

Persuasiveness: Presents ideas compellingly, uses clear arguments to gain stakeholder alignment in high‑stakes negotiations and approvals.

Leadership: Inspires and galvanizes others into action, bringing teams together around a shared vision, and providing strong directional leadership.

Analyzing People’s Motivations: Understanding underlying perspectives, interests and drivers of counterparties, enabling more effective deal structuring and stakeholder management.