Portfolio Manager Illiquid AIFs

Portfolio Manager Illiquid AIFs

1.    FUNDSIGHT

FundSight S.A. is a Luxembourg-based Investment Fund Manager (IFM) dedicated to delivering high-quality fund management and oversight services across a broad spectrum of asset classes.

Established in March 2014, the firm was formerly known as Lemanik Asset Management and rebranded to FundSight following its acquisition by BlackFin Capital Partners, who now act as its sole shareholder.

With a strong presence in the European financial ecosystem, FundSight supports asset managers, pension funds, and institutional investors by offering tailored solutions in fund setup, risk management, and portfolio management. The firm is recognised for its operational excellence, regulatory rigour, and commitment to innovation in the asset management industry

2.   ROLE OVERVIEW

Department: Portfolio Management Illiquid Strategies

Job Title: Portfolio Manager

Location: Luxembourg

Company: FundSight S.A.

Reporting to: Conducting Officer in charge of Portfolio Management

A new opportunity has arisen for a Portfolio Manager to join the Portfolio Management team in charge of the illiquid AIFs at FundSight, in the Luxembourg office. This position offers a unique opportunity to gain and strengthen experience in portfolio management and be exposed to numerous investment projects mainly in Real Estate, Private Equity and Infrastructure asset classes. The successful candidate will join the investment team to assist with the assessment and the execution of the transactions along with the monitoring of existing portfolio assets. This role may also require the coordination and supervision of independent investment advisors.

The person will deal with multiple alternative funds, such as Real Estate, Private Equity, Private Debt, Funds of Funds, Infrastructure etc. The person will be also responsible for driving process improvements and technical changes to applications used by FundSight S.A., will support Front Office directly and work in partnership with the IT, Compliance and Risk and Valuation teams. The candidate will have a solid operational background. In addition to the variety of tasks performed to support the asset management team, a strong emphasis is also placed on the ability to prioritize tasks and communicate efficiently with key partners.

Key Responsibilities

• To perform ex-ante and ex-post reviews on investment and divestment proposals for our illiquid portfolios, ensuring compliance with AIFMD and CSSF regulations and alignment with fund’s objective and risk appetite
• To monitor and analyze fund performance and prepare portfolio performance reviews related to the ongoing portfolio management duties
• To work alongside Risk Management and Valuation functions to monitor investment Key Risk Indicators and maintain compliance with limits and liquidity constraints
• To review due diligence on investments/divestments performed by delegated external asset managers or investment advisors (incl. KYC and subscription documentation review when necessary)
• To monitor Cash-flow positions and manage liquidity decisions, including capital calls, distributions, credit lines, and evaluate liquidity management tools
• To organize, prepare and actively contribute to the Investment Committees and investment reports for the funds under management
• To review and assist in the implementation of valuation models used for the valuation of underlying assets, in collaboration with our Valuation team
• To support the preparation of the due diligence on delegated portfolio managers and investment advisors by our supervision team

Profile

• Master’s degree or equivalent in Finance, Economics, Business or a related field – and ideally a path towards acquiring CFA/CAIA
• Minimum 3 years of experience in portfolio management or fund operations within AIF/alternative investments
• In-depth knowledge of AIFMD regulatory framework, including fund structuring risk and compliance monitoring and reporting obligations
• Solid financial modelling and understanding of the key financial concepts – e.g. DCF, IRR, MOIC, TVPI, ratio analysis in general.
• Excellent analytical abilities (Excel modeling, KPI tracking, performance analysis).
• Interpersonal skills to enable relationship building with colleagues, clients and advisors.
• Highly disciplined, self-starter, ability to execute on assignments independently
• Languages & Communication: Proficiency in English (French or German would be considered as an asset).