Infrastructure Investment Managing Director(m/f/d)
OPPORTUNITY
Cambridge Associates has a world-leading reputation as a manager of private investment portfolios, on both an advisory and discretionary basis. We help our clients invest in private investment funds, as well as source and execute on secondary and co-investment opportunities. The Infrastructure Investment MD role offers an attractive mix of working on client portfolios that invest in private infrastructure as well as closely working with our research team on the unearthing and due diligence of new and attractive investment opportunities. In addition, we expect the Infrastructure Investment MD to actively contribute to the growth of our infrastructure business. This will involve developing a network of prospects, contributing to RFP and pitch efforts, presenting at conferences and developing marketing and research materials.
We have seen a continuously strong demand for our private investment advisory and portfolio management services and are hence expanding our team. Working directly with some of Europe’s most high-profile institutional investors, the role offers the opportunity to drive and shape investors’ allocations across private markets with a focus on infrastructure. Like our clients, we see private markets as a highly dynamic sector that also touches many sustainability and ESG objectives (e.g. renewable energy, clean transportation, digitalization, etc).
LOCATION
This position will be based in London or Munich (hybrid with 2 days per week working from home) and will report into the European Head of Cambridge Associates’ Pension Practice.It offers plenty of exposure to leadership, and experienced senior investors as well as great career progression opportunities for an entrepreneurial and motivated candidate.
RESPONSIBILITIES
·The position offers a uniquely attractive mix of responsibilities: Client-facing portfolio management and advisory work, as well as infrastructure investment research and due diligence work.
·Managing Directors are responsible for leading multiple client relationships.This would entail working with clients to construct, expand, and manage infrastructure allocations for institutional clients. Part of this role involves assessing different infrastructure strategies within the context of a wider portfolio and contributing to the portfolio construction of a diversified alternatives portfolio based on our client portfolios´ desired risk/reward objectives. The role also involves evaluating potential and current fund managers and developing future strategic and tactical portfolio construction plans.
·The role requires collaboration with other client team members and will include direct contact with each client’s decision makers. It is expected that the MD will master the investment aspects in front of clients and is also able to build trust and rapport with key decision makers. Internally the MD will be guiding, directing and reviewing the work of junior team members, who will prepare analytics as well as client presentation materials.
·Managing Directors will spend a part of their time conducting investment research on infrastructure opportunities.This requires staying abreast of market trends and researching fund- and co-investment opportunities in close collaboration with our full-time global investment research team. This includes due diligence analysis, meeting with managers, attending annual meetings and managers' presentations to clients.
·Additionally, Managing Directors are expected to contribute to the growth of our European business through building their own relationship networks, and guiding our business development teams to evolve relevant marketing materials and RFP answers, and pitching to prospective clients. This will also involve representing the firm through speaking at industry conferences and involvement in marketing and PR work.
QUALIFICATIONS
·Substantial relevant experience in the area of private markets investments, including private infrastructure, gained from work in a similar capacity at a large institutional investor (insurance, pension fund or endowment), global investment management firm, private markets fund-of-funds, or investment consultancy.
·Experience in research and due diligence of and investing in private markets.
·Fluency in English required, good working knowledge of German is a strong advantage
·A university degree required with a professional qualification (e.g., CFA / CAIA), or MBA preferred
·Demonstrated qualitative and quantitative analytical capabilities
·Proven project management and team leadership skills
·Excellent oral and written communication skills
·Ability to work under time constraints, independently and as part of a team
·Willingness to travel internationally when required
Please submit cover letter and resume for consideration
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Employees of Cambridge Associates Ltd are prohibited from employment or other association with any company, organization, business, or other entity that is involved in any way with the securities or financial services industry except for those entities that are directly affiliated with Cambridge Associates Ltd.
Employees are prohibited from acting as a Trustee or Director of, or accepting a similar position of responsibility with, any entity that is a client of or directly affiliated with a client of Cambridge Associates, Ltd or any of its affiliated companies without prior written consent from the Chief Compliance Officer of Cambridge Associates, Ltd.
Employees are prohibited from serving on the investment or finance committee of any company or organization with investable funds, or likely to develop investable funds, without prior written consent from the Chief Compliance Officer of Cambridge Associates, Lt.
If applying for the role, you need to inform the Recruiter if there are any potential conflicts with the above.
