Vice President, Value Add Portfolio Management

About InfraRed Capital Partners ("InfraRed")

InfraRed is a leading international mid-market infrastructure asset manager. Over the past 25 years, InfraRed has established itself as a highly successful developer, particularly in early-stage projects, and an active steward of essential infrastructure.

InfraRed manages US$13bn of equity capital 1 for investors around the globe in listed and private funds across both core and value-add strategies.

InfraRed combines a global reach, operating worldwide from offices in London, Madrid, New York, Sydney and Seoul, with deep sector expertise from a team of more than 160 people.

InfraRed is part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life, and benefits from its scale and global platform.

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Job Purpose

You will take primary responsibility for one of our existing greenfield development infrastructure funds, fully raised and materially deployed, but you will also support the wider team across the various unlisted infrastructure value-add funds managed by InfraRed.

Portfolio management includes financial and treasury management, reporting, driving of value-add initiatives on investments and the provision of technical advice as well as implementation support on transactional activities.

You will also assist with investor reporting and disposals. Day-to-day financial management for each of the investments is outsourced to a variety of third-party providers, but requires the direct support and coordinating of the portfolio management / finance team. This position sees you working closely with the other members of the value-add infrastructure team and broader InfraRed team, including the Investment, tax and central functions teams.

This is an attractive career opportunity which would suit a commercially astute fund controller looking for their next career move. We offer you exposure to exciting and significant infrastructure projects in a key role working with an experienced and successful team.

Key Job Responsibilities

• Preparation of fund quarterly investor and internal reports, annual accounts, semi-annual valuations and investor returns (routine and ad hoc) with the support of the other members of the value-add team and third party administrators.
• Management of the treasury function - banking facilities, letters of credit and guarantees, foreign exchange hedging of investments, monitoring and managing of cash positions, cash flow forecasting, investor drawdowns and distributions, subscriptions to and distributions from investments.
• Ensuring efficient administration, funding and maintenance of holding structures through the life of the investments and liaising with overseas administrators where applicable.
• Progressing with the Investment team the investment programme and monitoring the portfolio construction on an ongoing basis.
• Identification and management of value enhancements and asset management initiatives related to investments in the portfolio in conjunction with the Investment team.
• Attending and if required presenting at Investor Advisory Committee meetings, Annual Investor Meetings, Investment Committees and ad-hoc investor meetings.
• Support of initiatives across Infrastructure including ad hoc transaction work.
  

Skills and Qualifications

• Ideal candidates will likely come from a background as a qualified accountant (with reasonable post-qualification experience) or sufficient relevant experience working in a similar role with transferable skills
• Experience of working with fund facilities and managing lender relationships
  
• Good knowledge of fund accounting, financial management (including foreign exchange hedging) and managing transactions
• Solid understanding of infrastructure valuations
• Strong written and oral communication skills
• Proficiency in Excel and working with detailed Excel project finance models
• Experience of transaction support is beneficial
• Good project management skills and experience of managing or mentoring colleagues
• Service-focussed and comfortable dealing with investors, internal teams and external auditors/bankers
• Demonstrated commercial experience in negotiations with third parties
• Tenacity, commercial awareness, organisational skills and ability to multi-task in a time-pressured environment
• Additional European language desirable

1 Uses 5-year average FX as at 30th September 2024 of GBP/USD of 1.2827; EUR/USD 1.1123. EUM is USD 12.803m

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.