Portfolio Manager

at  InfraRed Capital Partners

InfraRed Capital Partners is an international infrastructure asset manager, with more than 160 professionals operating worldwide from offices in London, Madrid, New York, Sydney and Seoul. Over the past 25 years, InfraRed has established itself as a highly successful developer and steward of infrastructure assets that play a vital role in supporting communities. InfraRed manages US$14bn of equity capital [1] for investors around the globe, in listed and private funds across both core and value-add strategies.
A long-term sustainability-led mindset is integral to how InfraRed operates as it aims to achieve lasting, positive impacts and deliver on its vision of Creating Better Futures. InfraRed has been a signatory of the Principles of Responsible Investment since 2011 and has achieved the highest possible PRI rating [2] for its infrastructure business for eight consecutive assessments, having secured a 5-star rating for the 2023 period. It is also a member of the Net Zero Asset Manager’s Initiative and is a TCFD supporter.
InfraRed is part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life. InfraRed represents the infrastructure equity arm of SLC Management, which also incorporates BGO, a global real estate investment management adviser, and Crescent Capital, a global alternative credit investment asset manager.

SKILLS AND QUALIFICATIONS

• Qualified accountant, ACA preferred, with at least 3 years post qualifying experience strongly preferred
• Strong written and oral communication skills
• Proficient in Excel and working with detailed Excel models
• Strong PowerPoint capability and experience of designing management information for senior stakeholders
• Educated to a degree level and above and able to demonstrate a strong academic record (or equivalent)
• Good project management skills and ability to work both autonomously and as part of a team
• Oriented to problem solving and keen to use personal initiative
• Organised and able to multi-task in a time-pressured environment
• Good eye for detail with tenacity in chasing and following up ensuring deadlines are met

Desired

• CFA qualification a plus
• Listed financial planning and analysis experience in a listed company environment
• Additional European language skills a plus

[1] $14bn equity under management (USD) – Uses 5-year average FX as at 30th September 2023 of GBP/USD of 1.2944; EUR/USD 1.1291. EUM is USD 13.597m
[2] Principles for Responsible Investment (“PRI”) ratings are based on following a set of Principles, including incorporating ESG issues into investment analysis, decision-making processes and ownership policies. More information is available at https://www.unpri.org/about-the-pri
Don’t meet every single requirement listed? Studies have shown that women and people of colour are less likely to apply to jobs unless they meet every single qualification. At InfraRed we are dedicated to building a diverse, inclusive, and authentic workplace. If you are excited about this role but your previous experience doesn’t align perfectly with every qualification in the job description, we still encourage you to apply. You may be the right candidate for this, or another role

JOB PURPOSE

As Portfolio Manager, you will support the Portfolio Management team in relation to the business strategy, financial management and reporting for HICL Infrastructure plc (“HICL”), the FTSE 250 listed Infrastructure fund.
The role encompasses the financial management and reporting in relation to investments, including maximising yield and value and requires working closely with the Fund Management team, Originators, Asset Managers and Finance team of HICL.

KEY JOB RESPONSIBILITIES

• Managing / coordinating project company finance manager relationships across HICL’s investments.
• Day-to day management of HICL’s distributable cashflow, with joint responsibility for monitoring and managing receipt of distributions and helping to ensure that HICL’s dividend is cash covered.
• Identification and management of value enhancements and asset management initiatives in relation to investments in the HICL portfolio. This could include optimising tax claims, refinancing, bulk procurement, treasury management, financial restructuring, accounting policies etc.
• Preparation of HICL’s 5-year financial forecasts, stress scenarios and annual business plan.
• Preparation of management information on Core Income to InfraRed’s Infrastructure Leadership team or Management Committee, as required.