{"id":15124,"date":"2023-10-06T08:46:28","date_gmt":"2023-10-06T08:46:28","guid":{"rendered":"https:\/\/startgreen.nl\/pdenh-is-looking-for-a-new-member-for-its-investment-committee\/"},"modified":"2023-10-06T08:46:28","modified_gmt":"2023-10-06T08:46:28","slug":"pdenh-is-looking-for-a-new-member-for-its-investment-committee","status":"publish","type":"post","link":"https:\/\/startgreen.nl\/en\/pdenh-is-looking-for-a-new-member-for-its-investment-committee\/","title":{"rendered":"PDENH is looking for a new member for its Investment Committee"},"content":{"rendered":"<p>October 6, 2023<\/p>\n<p><strong> The Sustainable Economy Fund North Holland (PDENH) is looking for a new member for its Investment Committee (IC). This committee consists of three people, and one position is becoming vacant. The IC is independent of PDENH and advises the fund management on investment decisions and fund exits.   <\/strong><!--more--><\/p>\n<h6><strong>About <\/strong><strong>PDENH<\/strong><\/h6>\n<p>PDENH was founded in 2014 by the Province of North Holland with the aim of stimulating the sustainable economy in North Holland. The fund provides risk-bearing investments in companies and projects focusing on the energy transition, sustainable mobility, and the circular economy. PDENH has a size of 85 million and manages a dynamic and complex portfolio of 29 companies and projects. The companies are actively managed by the investment teams and the fund management. More information about the fund can be found at: <a href=\"https:\/\/www.pdenh.nl\">www.pdenh.nl<\/a>    <\/p>\n<h6>Role of the Investment Committee<\/h6>\n<p>The IC is the independent advisory committee of PDENH. The IC assesses every (divestment) proposal and tests it against the Investment Regulations. In doing so, the IC looks at:  <\/p>\n<ul>\n<li>viability of the business case;<\/li>\n<li>technical and commercial aspects;<\/li>\n<li>qualities of the management;<\/li>\n<li>the financial and sustainable return requirements set by the fund;<\/li>\n<li>the terms and conditions of the financing transaction.<\/li>\n<\/ul>\n<p>The IC advises the fund management on intended transactions and tests them against the Investment Regulations. In addition, the IC advises on the active management of the portfolio companies by the fund manager. IC members receive and review periodic reports on current investments for adequate management. Furthermore, the IC is a full discussion partner for the fund manager regarding follow-on investments, divestments, and investment policy in general, with individual members of the IC acting as advisors and sparring partners in specific sub-areas.   <\/p>\n<p>The IC and the fund management meet once a month. Meetings alternate between online and on-site. Physical meetings take place in Amsterdam, at the KplusV office at Science Park or the StartGreen office on Mauritskade (in the KIT).  <\/p>\n<h6>Current IC Members<\/h6>\n<p>The current IC members are Ellen Boersma and Antoine Boelen. Antoine serves as the chair. <\/p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-5124 alignleft\" src=\"https:\/\/startgreen.nl\/wp-content\/uploads\/2023\/10\/Antoine-Boelen.jpg\" alt=\"\" width=\"195\" height=\"201\"><\/strong><\/p>\n<p><strong>Antoine Boelen<\/strong>, as chair of the investment committee, is co-responsible for reviewing investment proposals. He is the founder and partner of New Road Corporate Development, a corporate finance boutique. As an advisor and investor, Antoine is involved with various companies. His specialization is venture capital.   <\/p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-5123 alignleft\" src=\"https:\/\/startgreen.nl\/wp-content\/uploads\/2023\/10\/Ellen-Boersma.jpg\" alt=\"\" width=\"193\" height=\"200\"><\/strong><br \/>\n<strong>Ellen Boersma<\/strong>, as a member of the investment committee, is co-responsible for reviewing investment proposals. Her expertise lies in the fields of ESG, impact investment, and project finance, specifically regarding sustainability, energy transition, and the circular economy. Ellen is an advisor to the European Investment Bank (EIB) and the International Monetary Fund (IMF).  <\/p>\n<h6>Required Qualities and Competencies<\/h6>\n<p>Members of the IC possess strong analytical insight and a critical attitude toward the fund manager. The IC as a whole must have sufficient experience in assessing investment proposals for this type of investment. <\/p>\n<p>We are looking for a senior representative from the financial world with a link to the sustainable economy (energy\/sustainable mobility\/circular economy) and an affinity for innovative project financing and\/or venture capital.<\/p>\n<p>The candidate possesses:<\/p>\n<ul>\n<li>a financial and\/or technical background, preferably in relation to the PDENH themes;<\/li>\n<li>experience with innovation, venture capital, and project finance;<\/li>\n<li>experience in financing sustainable investments, preferably in the field of the three themes;<\/li>\n<li>an eye for the interests of the fund&#8217;s client;<\/li>\n<li>analytical and critical skills, with a sufficient focus on being solution-oriented;<\/li>\n<li>finally, the candidate must be a person of integrity.<\/li>\n<\/ul>\n<p>In addition to the stated requirements regarding experience and expertise, it is considered essential that the IC candidate is independent. He or she must not be involved in any way with PDENH&#8217;s portfolio companies and\/or the preceding investment selection, nor have a specific interest in whether investments proceed or not. He or she shall not hold any functions or positions that are incompatible with the interests of the fund.  <\/p>\n<h6>Selection Process<\/h6>\n<p>Applications for this position can be submitted digitally. We ask you to send a CV and motivation letter by email. This is possible until Monday, October 23. If we believe there is a potential match, we will invite you for an introductory meeting. The first round of selection interviews will take place with the management of PDENH. The second round of interviews will take place with the management of PDENH, one of the current IC members, and a representative of the Province of North Holland. Appointment is made by the fund&#8217;s shareholder: the Province of North Holland. The term of appointment is four years and can be extended a maximum of once.       <\/p>\n<p>A reference check may (potentially) be part of the procedure.<\/p>\n<h6>Remuneration<\/h6>\n<p>Members receive compensation for their work. This amounts to \u20ac1,000 excluding VAT per meeting (including preparation). This is based on a time commitment of three hours per meeting, with a maximum of 15 meetings per year.  <\/p>\n<h6>More information<\/h6>\n<p>For more information, please contact fund director Bart Blokhuis (06 27 08 55 40, <a href=\"mailto:bart.blokhuis@pdenh.nl\">bart.blokhuis@pdenh.nl<\/a>). Information about the companies and projects in the PDENH portfolio can be found on the <a href=\"https:\/\/www.pdenh.nl\/het-fonds\/\">PDENH<\/a> website. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>October 6, 2023 The Sustainable Economy Fund North Holland (PDENH) is looking for a new member for its Investment Committee (IC). This committee consists of three people, and one position is becoming vacant. The IC is independent of PDENH and advises the fund management on investment decisions and fund exits.<\/p>\n","protected":false},"author":8,"featured_media":14988,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[121,153,157,129],"tags":[177,197,127,131,124],"class_list":["post-15124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-pdenh","category-press","category-startgreen-capital","tag-change","tag-circular","tag-energy-transition","tag-impact","tag-sustainability"],"acf":[],"_links":{"self":[{"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/posts\/15124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/comments?post=15124"}],"version-history":[{"count":0,"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/posts\/15124\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/media\/14988"}],"wp:attachment":[{"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/media?parent=15124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/categories?post=15124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/startgreen.nl\/en\/wp-json\/wp\/v2\/tags?post=15124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}