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- Tasks: Lead the development of local investment strategies and engage with regional authorities.
- Company: Join Border to Coast, the largest LGPS pool in the UK, focused on sustainable investments.
- Benefits: Competitive salary, hybrid working, and a chance to make a real difference.
- Why this job: Shape the future of local investments and contribute to community growth.
- Qualifications: Experience in private markets and strong knowledge of UK investment strategies required.
- Other info: Dynamic role with opportunities for professional growth and impact.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
Portfolio Manager – Private Markets – Local Investment Fund
Leeds (hybrid working)
Competitive Salary & Benefits
An opportunity to make a difference
At Border to Coast our purpose is to make a difference. As a customer-owned and customer-focused organisation, integrity is one of our values, as is our collaborative and sustainable approach. Our focus is to secure the pensions of over a million people who have provided valuable service to their communities and society. We’re the largest UK asset manager outside London or Edinburgh, and we provide innovative investments that deliver sustainable returns over the long term.
As part of continued growth and expansion, we’re now looking to recruit a Portfolio Manager to join our Alternatives function and lead the development and implementation of a new Local Investment capability. This is a new and innovative development that is expected to have a material positive impact on new investment across local and regional areas of the UK, of significant importance to our underlying LGPS Partner Funds.
Portfolio Manager – Private Markets – Local Investment Fund
Working jointly alongside the UK Opportunities Portfolio Manager, we are looking for a new PM to lead the development of our local investment programme. The role will require engagement with our underlying Partner Funds to understand their local investment ambitions, as well as ongoing engagement with relevant regional and mayoral authorities to identify investment opportunities aligned with those ambitions. Asset classes will be driven by Partner Funds but could include regional Private Equity, Venture Capital, Direct Lending, Housing, and Development Lending. In addition, the Portfolio Manager will also work closely with the UK Opportunities PM on the portfolio construction, due diligence and monitoring of investments comprised within the UK Opportunities fund.
We are interested in hearing from established Portfolio Managers with experience of investing across a range of alternatives asset classes via private market fund structures (and co-investments). A strong knowledge of the UK market and regionally focused managers is desirable.
Knowledge of strategies focussed on ‘additionality’, which deliver financial returns whilst contributing to the growth of the UK or regional economy would also be extremely valuable. You will be responsible for the development and delivery of our local investment capability in accordance with the Border to Coast Investment Policy, investment process, procedures and relevant legal or regulatory documentation.
Educated to Degree level and with a suitable investment management qualification, you will have relevant experience of investing into Private Market funds and ideally into local investment strategies. Day to day, leading due diligence, including reviewing investment, operational and ESG factors. You will also demonstrate clear investment decision making and portfolio and risk management experience.
With a keen interest in and understanding of investment markets, long-term investment, and a commitment to responsible investment and sustainability, you will have experience of using investment management software, problem solving and decision-making capability and strong written and verbal communication and presentation skills.
Border to Coast
Border to Coast is the largest LGPS (Local Government Pension Scheme) pool in the UK. It is owned by 11 Local Government Pension Schemes (‘Partner Funds’). The Partner Funds represent 3,000 employers and over 1.1 million members.
The Partner Funds are Bedfordshire, Cumbria, Durham, East Riding, Lincolnshire, North Yorkshire, South Yorkshire, Surrey, Teesside, Tyne and Wear and Warwickshire.
The Partner Funds have £65.3bn in investments, of which Border to Coast is responsible for managing £55.4bn (as of 31 March 2025) across equities, fixed income, private markets, and global and UK real estate.
Border to Coast’s purpose is to make a difference for the LGPS. We do this by working in partnership for a sustainable and better tomorrow through innovation, expertise, scale, and good governance.
Portfolio Manager - Private Markets - Local Investment Fund employer: Border to Coast Pensions Partnership
Contact Detail:
Border to Coast Pensions Partnership Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Portfolio Manager - Private Markets - Local Investment Fund
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join relevant groups on LinkedIn, and don’t be shy about reaching out to folks who work at Border to Coast. A personal connection can make all the difference when it comes to landing that Portfolio Manager role.
✨Showcase Your Expertise
When you get the chance to chat with potential employers, make sure to highlight your experience in private markets and local investment strategies. Share specific examples of how you've contributed to similar projects in the past. We want to see your passion for sustainable investments shine through!
✨Prepare for Interviews
Do your homework before any interviews! Understand Border to Coast’s mission and values, and think about how your skills align with their goals. Be ready to discuss your knowledge of the UK market and your approach to portfolio management. Confidence is key!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of the Border to Coast team. Let’s make a difference together!
We think you need these skills to ace Portfolio Manager - Private Markets - Local Investment Fund
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Portfolio Manager role. Highlight your experience in private markets and any relevant local investment strategies. We want to see how your background aligns with our mission at Border to Coast!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about making a difference in local investments. Share specific examples of your past successes that relate to the role, and let us know how you can contribute to our goals.
Showcase Your Knowledge: Demonstrate your understanding of the UK market and regional investment opportunities. We’re looking for someone who knows their stuff, so don’t hold back on sharing insights or trends you've noticed in your previous roles.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Border to Coast!
How to prepare for a job interview at Border to Coast Pensions Partnership
✨Know Your Numbers
Make sure you’re well-versed in the financial metrics and performance indicators relevant to private markets. Brush up on your knowledge of regional investment strategies and be ready to discuss how they align with the ambitions of local government pension schemes.
✨Showcase Your Experience
Prepare to share specific examples from your past roles that highlight your experience in due diligence, portfolio management, and risk assessment. Tailor your stories to demonstrate how your skills can contribute to the development of a local investment capability.
✨Engage with Their Mission
Familiarise yourself with Border to Coast’s purpose and values. Be prepared to discuss how your commitment to responsible investment and sustainability aligns with their mission to make a difference for the LGPS. This shows you’re not just looking for a job, but a role where you can truly contribute.
✨Ask Insightful Questions
Prepare thoughtful questions about the local investment programme and how it fits into the broader strategy of Border to Coast. This demonstrates your genuine interest in the role and helps you assess if the company culture aligns with your values.