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Investment Manager for Carbon Removal Fund | Case Study

Client Background

Our client is a newly established European carbon removal investment fund. The fund addresses the critical funding gap required for net-zero delivery by 2050. Backed by leading institutional investors, the fund team brings a strong track record from other asset classes, having previously invested significantly into decarbonisation-linked markets.

The Brief

The fund sought an investment professional to join their team in a pivotal role focused on execution, structuring, and due diligence. This was the first investment hire outside of the founding team, making it an extremely critical role for them. The position required strong investment and structuring experience, ideally within similar sectors, with the ability to evaluate complex carbon removal projects and work with corporates and project developers across the voluntary carbon market ecosystem.

The Challenges

New Fund, New Asset Class: Despite the team’s strong track record in adjacent markets, this represented their first venture into carbon removal investments. Attracting top-tier candidates to a newly established fund without proven performance in this specific sector posed a challenge when competing against established players.

Fundraising Stage: As a new fund still in the process of fundraising, there was some uncertainty around the likely fund size, investment scope and growth potential. This created additional considerations for potential candidates evaluating the opportunity against more established and stable platforms.

Specialist Talent Pool: The intersection of investment expertise and deep carbon markets knowledge represents a highly specialised and limited candidate pool. Finding professionals with both the technical investment skills and sector-specific experience required meticulous market mapping and targeted approaches.

Our Solution

Recognising the unique positioning challenges, we conducted an extensive briefing session to understand their requirements. Drawing on our deep knowledge of the carbon removal investment landscape, we provided comprehensive market analysis including peer fund team structures, benchmark profiles, compensation insights, candidate skill sets and deal track records.

Our approach focused on quality over quantity, leveraging our established relationships within the carbon markets and sustainable finance community to identify professionals who would be attracted to the fund’s innovative approach and growth potential. We positioned the opportunity around the founding team’s proven track record, their innovative solutions for developers, the significant market opportunity, and the chance to be part of the founding team building a pioneering investment platform.

Rather than casting a wide net, we curated a highly targeted shortlist of candidates who aligned with both the technical requirements and entrepreneurial mindset needed for a new fund environment.

The Results

Key Metrics:

  • 2 batches of highly targeted profiles shared within days of kick-off
  • 2 candidates shortlisted and progressed to final stages
  • 1 week from search approval to interview scheduling
  • 100% client satisfaction

Market Intelligence: Our comprehensive analysis of the talent pool and competitor benchmarking provided the client with the insights that informed their talent acquisition strategy and positioning within a highly competitive landscape.

Outcome: We successfully placed an exceptional candidate with strong investment experience and relevant sector knowledge who was attracted to the fund’s innovative approach and growth trajectory. Both the candidate and client expressed high satisfaction with the process and outcome.

Client Testimonial

Managing Partner: “All the candidates were a high calibre and we were very happy to work with Bibin. He did not waste our time and really showed us qualified candidates. We would engage Rivit Search again on future roles.”