Overview of the Company:

AFO Capital, Ltd. (“AFO”) is the family office for a Fort Worth-based family which was founded in 2007 when the family’s business was sold.  The office is responsible for providing investment management, wealth management and other related services to the members of the family, their various investment partnerships and trusts, and their private foundation (the “family office clients”).  Some of the key functions of the office include: investment and portfolio management; accounting, record keeping and financial reporting; coordination of tax planning and trust and estate planning; and coordination of charitable activities.

AFO’s investment and portfolio management program consists of: (1) allocations to outside investment managers focused on fixed income, domestic equities, international equities, credit, private equity, venture capital, natural resources, and other private markets; (2) direct investments in real estate; (3) co-investments alongside AFO managers; and (4) tactical allocation decisions at the asset class level.  AFO takes a long-term, value-oriented approach in making all investment decisions as we believe this is the best way to manage capital intended to support current and future generations of the family for decades to come.

Overview of the Position:

AFO is seeking an Investment Associate who will primarily support the investment and portfolio management functions of the office.  This involves working with the Chief Investment Officer, the Directors of Investments, and the Director of Real Estate, both collectively and individually, to help them make allocation and investment decisions.  This will include engaging in investment research, market research, portfolio and investment analytics, due diligence, and monitoring and reporting activities across a diversified portfolio of investments.

Responsibilities:

Specific responsibilities include, but are not limited to:

• Assist in the due diligence, analysis, and evaluation of new fund and direct investments.
• Monitor and analyze the performance of existing fund and direct investments; prepare for and participate in calls and meeting with managers and conduct ongoing due diligence.
• Prepare reports and materials for internal investment meetings; attend internal investment meetings and participate in investment decision-making discussions.
• Conduct regular and ad-hoc portfolio analysis at the total portfolio and asset class level.
• Conduct market research for investment opportunities or ad hoc research projects.
• Maintain notes that summarize reports, letters, analysis, and meetings related to current and prospective investments in the office’s internal investment research database (Tamale).
• Support senior investment staff in completing investment recommendation memos and other research reports.
• Remain informed and thoughtful about various investments and markets.
• Travel on a periodic basis to meet with existing fund managers and to conduct diligence on prospective investments.

Education and Experience Qualifications:

• Bachelor’s degree with concentration in Finance, Accounting, Economics, or a related quantitative field with strong academic credentials.
• Two to four years of relevant work experience, ideally in an investment management organization or within the broader investment industry.
• Excellent quantitative, analytical, and financial modeling skills including a high level of attention to detail.
• Familiarity with investing and financial markets including fixed income, equities, credit, hedge funds, private equity, venture capital, natural resources, real estate, and other private market investments.
• Strong communication skills and ability to present complex and/or comprehensive information in summary form.
• Strong computer skills, especially with Microsoft Excel and the other Microsoft Office programs; a willingness to learn other software programs used by the office.  Experience using a Bloomberg Terminal and integrating Bloomberg data with Microsoft Excel is a plus.

Personal Qualifications:

• A proactive, self-motivated, and independent worker.
• High intellectual curiosity and passionate about investing and financial markets.
• Desire and ability to work flexibly across a wide variety of asset classes and investment disciplines.
• Frequent and excellent communicator, both written and oral.
• Ability to work in a team-oriented and small office environment; in-person interaction and collaboration is critical.
• Diplomatic, tactful, and discrete concerning confidential information.  Must demonstrate unquestioned integrity at all times.

Status:  40 hours per week