Sitting down and talking to Phillip Jaraman of Anglo African Enterprises quickly leaves you with the impression that his life moves at a pace that’s different than the rest of ours.
Armed with a fresh MBA and a background with investment bank UBS, Phillip has teamed with pan-Africa data services company “Anglo African” to establish an in-house venture capital firm. In three months he has:
- Surrounded himself with a stellar board;
- Crunched through his market research and established a pipeline of potential investments;
- Teamed with Barclays to establish the first in a chain of African start-up incubators;
- Cut a deal with his first start-up business and made sure he is on track to cut his second.
As well as being in an enormous hurry, Phillip strikes you as someone who, quietly and confidently, is absolutely determined to get somewhere. That explains why Anglo African have backed him into his own private equity fund and why he’s managed to surround himself with such a strong team.
We talked to Phillip about the models he is seeing from potential investees as well as his own work in Excel.
Modelling style: a data cruncher one minute, a cash flow modeller the next
It turns out that some days Phillip is a data cruncher (A). Some days he is a cash flow modeller (C).
Phillip has been using Excel to crunch through market data and establish a pipeline of deal opportunities for his private equity business. By our reckoning that makes him a ‘data cruncher’ some of the time. But he’s also developed a cash flow model for the private equity business.
We also talked to Phillip about the potential investee companies that are coming to him for funding. It turns out some of those are cash flow modellers (C) and some are integrated financial statement modellers (D).
Read the full article: what kind of modeller am I?
You’re reading part of an article regarding Excel modelling styles. You can read the full text of the article here: What kind of modeller am I?
What was your worst job ever?
“I managed to earn the nickname ‘Trolley Wally’ collecting shopping trolleys at supermarket Sainsbury’s. That was a bit humiliating.”
The best thing about your current job?
“Exposure to start up technology. What they’re doing and what they’re trying to do.”
The worst thing about your current job?
“Saying no to the enthusiastic start-ups that are not quite investment-ready yet. Unfortunately it’s part of the job. By developing a great pipeline we’re not going to be able to invest in all of the businesses we see.”
Best job perk?
(Seriously, it turns out that Phillips office has beer on tap at no charge. That sounds dangerous to us.)
Best modelling moment?
Phillip particularly enjoyed putting the model together for his private equity business. A particular challenge was incorporating the sensitivities around that.
Any Excel tips?
Get into Excel and do it just as soon as you can. Even if it’s just the basics around something like valuation in Excel. They’re just so important. The best way to learn it is just to do it.”
Did you know...
Phillip took one of Financial Associates’ courses following his MBA and ahead of his fund management job?
Here you can read the feedback Phillip left after his course.