Director or Portfolio Manager, External Partnerships

We are seeking a Director or Portfolio Manager, External Partnerships, to join our Public Equities & Absolute Return – External Partnerships team. Based in London, this role plays a critical part in advancing the organization’s global investment strategy by building, managing, and strengthening strategic relationships with external partners. Reporting to the Managing Director, External Partnerships, the Director or Portfolio Manager will support AIMCo in sourcing increasingly diverse investment opportunities for our clients, integrating broader market perspectives into investment decision making, and enhancing AIMCo’s visibility and brand presence with public market partners, peers, and service providers globally. The role requires strong investment acumen, exceptional relationship management capabilities, and sound commercial judgment, with the ability to effectively represent a leading global pension fund in complex and high‑profile settings.

Responsibilities

• Monitor absolute return and equity investment strategies daily to ensure they are managed within stated mandate guidelines and forward‑looking expectations.
• Contribute to idea generation related to investment sourcing, monitoring, portfolio construction, and risk management with a view to enhance client outcomes.
• Initiate and conduct due diligence on investments for potential inclusion in portfolios.
• Participate in and facilitate due diligence meetings with existing and prospective external partners.
• Develop informed investment views using both qualitative and quantitative analysis.
• Analyze investment strategies across asset classes, liquidity profiles, and geographical regions within mandate guidelines, and recommend investment decisions that are accretive to the portfolio.
• Broaden market perspectives and expand the partnership network to source increasingly diverse investment opportunities internationally.
• Proactively share market insights with the broader team globally as a member of the Public Markets team based in London.
• Assist in establishing and strengthening AIMCo’s brand, from a public markets perspective, across international markets.
• Actively participate in client meetings and assist in preparing client materials.
• Share portfolio updates, market outlook, and thought leadership with clients and other stakeholders.
• Provide ad hoc research and deliverables that add value to clients and colleagues.
• Assist in drafting AIMCo Investment Committee memorandums and participate in meetings seeking approval for new investment opportunities.
• Conduct negotiations and structuring of partnership arrangements, including commercial terms, governance frameworks, and ongoing engagement models.
• Track developments in the asset management industry, as well as regulatory and political environments, that may impact investments or shape the forward‑looking opportunity set, particularly internationally.
• Collaborate with internal departments across AIMCo—including Legal, Risk, Valuations, Compliance, Sustainable Investing, and Client Relations—to ensure all internal processes are followed and appropriate oversight is maintained.
• Represent AIMCo, both internally and externally, as a subject matter expert on absolute return and equity strategies.
• Mentor and develop junior team members, fostering a high performing and collaborative team environment.
• Promote a culture of continuous improvement, innovation, and thought leadership.

Qualifications

• Significant experience (typically 10+ years) in institutional asset management or a related field.
• Strong academic background, demonstrating intellectual curiosity and commitment to continuous learning.
• Professional designations such as MBA, CFA, or CAIA are highly desirable.
• Demonstrated experience in externally‑managed absolute return and equity investing, with broad and deep strategy knowledge across global capital markets.
• Proven success managing complex external partnerships, particularly with absolute return hedge funds.
• Strong understanding of quantitative analysis as applied to investment strategy, portfolio construction, and risk management.
• Strong legal negotiating and structuring skills.
• Excellent stakeholder management skills, with the ability to influence and collaborate across geographies and functions.
• Demonstrates a strong commitment to AIMCo’s core values of excellence, transparency, humility, integrity and collaboration.

Occasional travel may be required. This position will close @ 11:59 pm (MST) on February 24th, 2026.

Next Steps

We are excited to meet you. Please submit your resume or CV to be considered for this opportunity. Applications are being reviewed on a rolling basis and we will be in touch with any questions. Final candidates will be asked to undergo a security screening, which includes a credit bureau and a criminal record investigation, the results of which must be acceptable to AIMCo. At AIMCo, we draw upon the differences in who we are, where we come from and the way we think to deliver results for the Albertans who rely on us. We offer an inclusive, modern workplace where well‑being is prioritized, and colleagues are enabled to do their best work. Our team members are motivated by our purpose and committed to creating long‑term value for our clients and their beneficiaries.