Investment Manager - Portfolio in London

Location: Hybrid - London, EC1Y and homeworking

Seniority: Mid-level, Senior

Closing: 12:00am, 12th Aug 2026 BST

About Better Society Capital (BSC): Better Society Capital (BSC) is the UK's leading social impact-led investor. Our mission is to grow the amount of money invested in tackling social issues and inequalities in the UK; we do this by investing ourselves and enabling others to invest for impact too. Since 2012, we have helped grow the UK's social impact investment market thirteen-fold, to more than £11 billion, proving that impact investing can scale when social outcomes and investment opportunity are genuinely aligned. We have committed more than £1 billion of our own capital to social impact investments and today hold a live portfolio of over 100 across the UK, primarily made into funds spanning early-stage and mature positions, all working towards lasting impact for the people and communities they serve.

The Opportunity: We are recruiting an Investment Manager – Portfolio to take a leading role in the delivery of our existing portfolio including on special situations and exits. You will take ownership of performance and manager relationships across a broad portfolio of social impact investments. You will build relationships with senior leaders at our fund managers and take responsibility for how these investments perform against their financial, social impact and systems change goals. You will also oversee several treasury holdings, held for financial return and sustainable outcomes, that support how we manage liquidity.

What you will do:

• Lead the performance management and manager relationships for a portfolio of social impact and treasury investments.
• Manage a portfolio of social impact investments towards exit, delivering on financial returns, high social impact and systems change goals, including our charity bond investments and direct investments into or with fund managers.
• Share portfolio learnings that improve how we invest to benefit underserved and vulnerable individuals in the UK.
• Manage several treasury fixed income holdings alongside your primary social impact portfolio, overseeing performance of our externally managed mandate and contributing to strategic treasury initiatives such as asset allocation and ESG approach.
• Take the lead on complex, often distressed special situations across the portfolio, including client portfolios, working alongside asset class teams to protect and recover value across financial, impact and systems change outcomes.
• Lead the active management of exits across the portfolio, partnering with asset class teams to bring investments through to exit.
• Contribute to the management of our multi-asset portfolio.
• Lead parts of our fund manager strategy delivery, working alongside asset class teams to prioritise and learn from our engagement with fund managers.
• Input into how we manage our overall portfolio performance, asset allocation and liquidity.
• Lead on discrete analysis as required across financial, impact and systems change at the whole portfolio level, advancing how we consider these dimensions in an integrated way to support learning and performance management.
• Over time, contribute to due diligence of potential new investments and strategic projects aligned with our strategy.
• Oversee and embed continuous improvement and learning from special situations and exits, sharpening how BSC manages risk across the portfolio.
• Contribute to team- and organisation-wide initiatives that help us deliver our mission, such as working groups on key priorities.

What you will bring:

• A passion and demonstrable commitment to improving lives in the UK.
• Investment experience including analysis, recommendations, monitoring performance and engaging with investees, issuers or fund managers.
• Strong quantitative analysis and investment research skills, including financial analysis, modelling and market research.
• Work experience that faces the financial, social or public sector.
• Proven relationship-building and stakeholder management.
• Exposure to fixed income or credit analysis (we will support you here if needed).
• Work experience in social impact investing or sustainable investing.
• Knowledge of investing in real estate, renewables, venture, or outcomes contracts.

How to apply: Closing Date: Wednesday 12th August 2026 - Midnight. Please apply via Applied which is designed to minimise unconscious bias in recruitment. You will be asked to provide your CV and a short written answer. Your CV and answer will be anonymised before being reviewed by the hiring panel.

We are a Disability Confident Committed employer. Disabled applicants who meet the essential criteria will be considered for an initial screening interview.

Equity, Diversity and Inclusion: Better Society Capital is committed to being a diverse organisation that is truly representative of the communities we serve. We therefore welcome applications from candidates of all backgrounds, particularly those under-represented in the social impact investment sector.