About Pathway Fund
Pathway Fund is a social investment initiative founded in 2022 with a mission to catalyse opportunities for Black and minoritised communities across England. The organisation operates as a mission-driven investor, utilising capital to support organisations and ventures that deliver positive social impact in underserved communities. The fund partners strategically with mission-driven organisations, social enterprises, and community groups to expand access to opportunity and build long-term resilience in communities that have historically faced systemic barriers. The organisation is committed to equity, inclusion, and collaborative working within the social investment space. Pathway Fund positions itself as a leading racial equity investment wholesaler, working to strengthen the institutional capacity of the sector while advancing its core mission of community wealth building. The fund operates with a values-led approach, embedding principles of equity and inclusion across all its operations and investment decisions. Pathway Fund’s Investment Strategy, recently approved by the Board, sets a clear direction for the organisation’s activities. The fund manages multiple asset classes and operates the Fund Manager Incubator (FMI) programme, which serves as a cornerstone initiative to develop and strengthen the capacity of fund managers and intermediaries working within racial equity and social impact investment spaces. The organisation works across programme delivery, operations, and communications to ensure cohesive execution of its strategic objectives and impact goals.
About this Role
The Senior Investment Manager role represents a critical leadership position within Pathway Fund, reporting directly to the Chief Executive Officer. This is a permanent position based in London that combines investment leadership with strategic programme management responsibilities. The role is designed to lead the implementation phase of Pathway Fund’s Investment Strategy, following Board approval. The Senior Investment Manager will drive three interconnected areas of focus: capital mobilisation and investment execution for Pathway’s asset classes and Fund Manager Incubator programme funds; leadership of the FMI programme to ensure its successful development and evolution as a cornerstone of Pathway’s 2030 strategy; and external representation that articulates Pathway’s investment approach to investors, partners, and sector stakeholders. The role combines strategic investment leadership with operational delivery responsibilities. The successful candidate will oversee the execution of approved investment strategies, manage investor relationships, supervise portfolio management activities, and drive key organisational initiatives critical to Pathway’s long-term vision. Additionally, the role requires cross-functional collaboration with programme, operations, and communications teams to embed strategic initiatives and strengthen the organisation’s institutional capacity. Success in the first 12 to 18 months will be measured by securing initial Asset Class capital commitments and establishing a robust pipeline, delivering FMI 3.0 and future iterations to agreed milestones, ensuring the Investment Committee operates fully with regular performance reporting, strengthening organisational systems to support efficient investment and project delivery, and reinforcing Pathway’s reputation as a leading racial equity investment wholesaler through external engagement.
Responsibilities
- Lead fundraising and capital deployment for Pathway’s Asset Class and FMI programme funds
- Manage investor relationships, due diligence processes, and reporting to ensure confidence and accountability
- Oversee execution of approved investment strategy, portfolio management, and risk oversight
- Engage external advisors, consultants, and asset managers to support high-quality decision-making
- Produce regular performance and impact reports for the CEO, Investment Committee, and Board
- Lead the FMI Programme, ensuring its successful development, delivery, and evolution as a cornerstone of Pathway’s 2030 strategy
- Drive specific initiatives critical to delivering Pathway’s 2030 strategy, primarily focusing on FMI 3.0 and evolving the FMI programme for future versions
- Develop Pathway’s specific approach to and role in community asset acquisition models
- Develop and adapt the FMI model to deploy intermediary upskilling frameworks and programmes as soon as funding is unlocked
- Work cross-functionally with programme, operations, and communications teams to embed the FMI Programme and ensure successful delivery
- Establish key milestones and performance indicators for the FMI Programme, ensuring alignment with organisational objectives and impact goals
- Act as a lead custodian of the FMI Programme, ensuring its successful evolution and embedding across Pathway’s wider strategic and investment activities
- Represent Pathway Fund externally, articulating its investment and strategic approach to investors, partners, and sector stakeholders
- Build strategic alliances with funders, intermediaries, and government bodies to advance mission-aligned investment opportunities
- Contribute to thought leadership, publications, and policy insights
- Oversee investment operations, reporting, and monitoring systems
- Supervise investment and project deliverables, budgets, and milestones
- Support staff development and training in investment, impact finance, and project management
- Provide strategic input to organisational planning, leveraging insights from both investment and strategic projects
Requirements
- Senior experience in investment management, fundraising, or strategic finance
- Demonstrated success in leading multi-stakeholder programmes or strategic initiatives
- Proven track record in capital mobilisation and portfolio management
- Strong stakeholder management and influence at senior levels
- Advanced analytical, financial modelling, and reporting capabilities
- Experience in racial equity, social impact investing, or community wealth-building contexts (desirable)
- Familiarity with fund design, programme delivery, and organisational development projects (desirable)
- Exposure to policy, advocacy, or thought leadership in inclusive finance (desirable)
- Strategic, innovative, and delivery-oriented mindset
- Excellent communication and collaboration skills
- Comfortable leading across organisational boundaries and driving change
- Deep commitment to Pathway Fund’s mission of racial equity and community wealth building
- Covering letter required for application consideration
Benefits
- Permanent contract position
- Salary range of £58,000 to £65,000
- Opportunity to work with a values-led organisation committed to equity and inclusion
- Role in advancing racial equity and community wealth building in England
- Strategic leadership position reporting directly to the Chief Executive Officer
- Cross-functional collaboration opportunities with programme, operations, and communications teams
- Access to Advisory Board support including Investment Committee, Endowment Advisory Group (Brain Trust), and external advisors
- Involvement in thought leadership and policy engagement activities within the social investment sector
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