Fund Manager Hivos-Triodos Fund

Are you ready to embark on a new journey within our organisation?  

Whether you're seeking fresh opportunities to elevate your career or eager to bring your skills to a new team or job, we invite you to explore this role and keep putting your values to work while you take the next step. 

Triodos believes in human potential, is a learning organisation, and aims to create an inclusive environment where everyone can grow by developing their skills and competencies. Internal transfer is a great way to gain diverse experiences and find new opportunities!

Currently, we’re looking for a dynamic, hands-on Fund Manager to lead and further develop Triodos Investment Management’s (Triodos IM) impact investment activities in emerging markets. You will be responsible for managing the long-standing Hivos-Triodos Fund (HTF). This role combines strategic leadership, stakeholder engagement, and investment oversight, with a strong focus on balancing impact, risk and return in challenging emerging market contexts. 

Hivos-Triodos Fonds (HTF), founded in 1994 by Triodos Bank and Hivos Foundation, is a pioneer in impact investing in emerging markets. HTF supports early-stage and growth enterprises in sustainable agriculture and renewable energy, empowering local entrepreneurs to drive inclusive, green development across Africa, Asia and Latin America. With EUR 65 million AUM and new investors, HTF is entering a new phase of growth and impact. 

How you will make a difference 

You will help us to ‘change finance to finance change’, by:

• Drive the strategic, financial and impact performance of the Hivos-Triodos Fund.
• Lead portfolio construction, investment strategy and performance in line with the funds’ impact-risk-return objectives.
• Oversee and participate in the investment process. From pipeline development and due diligence to investment decision-making and portfolio monitoring.
• Ensure compliance with high impact and environmental & social standards.
• Represent HTF towards key stakeholders including Hivos Foundation, DFIs, and supervisory bodies.
• Build and maintain partnerships across Africa, Asia and Latin America, with a particular focus on Africa.
• Coordinate internally with finance, risk, legal, compliance, and communications teams to ensure effective fund operations and governance.
• Act as an ambassador for Triodos IM’s mission to make money work for positive change in developing and emerging economies. 

What you will bring 

Your unique potential and your values matter to us most. We look for people who are self-aware and who think in a holistic way, always conscious of their impact on society, environment, and the economy. 

To be successful in this role, you will have:

• At least 10 years of experience in investment management, portfolio management or fund-related roles within impact investing, development finance or blended finance, preferably with exposure to emerging markets.
• Strong hands-on investment experience across instruments ranging from senior debt to equity.
• Solid understanding of portfolio construction, risk management and performance drivers across debt and equity instruments in emerging markets.
• Experience in sectors such as sustainable agriculture and/or renewable energy in emerging markets
• Demonstrated ability to contribute to investment decision-making, portfolio monitoring and value creation at portfolio company level.
• Experience working with ESG integration and Environmental & Social Management Systems (ESMS); direct responsibility is a plus but not a strict requirement.
• Exposure to working with DFIs or public stakeholders is an advantage, but not mandatory.
• Excellent communication and stakeholder-management skills.
• Willingness to travel internationally (mainly Africa, Asia and Latin America). 

Furthermore, it is expected that you you are:

• You are ready to take the next step in your career, combining strong investment skills with broader fund-level responsibility.
• You are motivated by the challenge of balancing impact, risk and return in complex emerging market environments.
• You combine analytical strength with sound judgement and a pragmatic, hands-on mindset.
• You are comfortable working with multiple stakeholders and eager to further develop your leadership and representation skills.
• You have a strong affinity with the mission and values of Triodos Bank and the ability to live and communicate these daily.
• Located in the Netherlands. 

Your future colleagues 

You will be reporting directly to the manager of fund management and cooperating closely with co-workers of the Impact Private Debt & Equity (IPDE) department of Triodos IM. IPDE manages high-impact funds focused on financial inclusion, energy transition, sustainable food and agriculture, and nature-based solutions. With EUR 1.8 billion in assets under management, IPDE invests across Europe, Africa, Asia and Latin America, seeking to make money work for positive change in developed and emerging economies. 

What we offer you 

An inspiring work culture 

The most important thing about working with us is that you are part of community that is changing the world for the better. We are constantly improving our work culture to create conditions where every person can thrive, so you are able to: 

• find a sense of meaning in your work
• create positive energy and impact with your co-workers
• build mutual trust and respect in working relationships
• enjoy fulfilment at a professional and personal level 

A comfortable working environment           

Our award-winning sustainable head office is based in Driebergen-Zeist, the Netherlands at the Reehorst Estate, just a 3 minutes’ walk from the train station. Combined with working from home, it is an inspiring place to work and connect with your colleagues.  

And of course, great remuneration and working conditions: 

• a salary appropriate to the position, our remuneration policy and your experience
• an attractive pension policy
• a mobility card (including free private travels)
• flexible working hours and the opportunity to work from home
• reimbursement of a company bicycle to the max of € 1,500
• 27 holiday days with a 36-hour working week, plus the option of buying 2 weeks of extra holiday days
• extra leave to contribute to voluntary work
• a range of education and training opportunities
• the option to join our collective health insurance
• a working from home allowance per home office day
• suitable home office equipment up to € 750 every 5 years 

Sounds interesting? 

If you feel that you would be a good fit for this role, we would love to hear from you. So please send your resume and motivation letter to us via our recruitment system.

 If it interests you but you still have some questions, please connect with careers@triodos.com to discuss further (in a confidential meeting). 

We will provide you with all the information about the position, employment conditions, and recruitment process, so you can make an informed decision about applying. 

The closing date for applications is: 23 February. 

Please note: When we receive sufficient suitable candidates before this date, we will close the vacancy earlier.