Description:
The Future Ireland Fund team is tasked with the delivery of the FIF and ICNF mandates. The NTMA is seeking a Senior Investment Manager which provides a unique opportunity for a talented and motivated individual to join the Future Ireland Funds team and to gain exposure to the highest standards of the investment management industry.
The candidate will play a key leadership role in the team responsible for the ongoing development and implementation of the Funds’ investment strategies, the establishment and management of the investment portfolios, the oversight of third-party investment managers and the management of the investment performance and risk against appropriate benchmarks. The role will also involve liaising and working with the portfolio management team, ESG implementation, risk and performance requirements as well as initiatives within the wider on NTMA.
All members of the Future Ireland Funds team are required to remain flexible to respond to the dynamic nature of the mandate – this may require team members to apply their skills outside of their core areas of responsibility, from time to time.
Principal Accountabilities The principal responsibilities will include the following, with the specific responsibilities for the role to be determined as the team structure evolves:
- Investment Strategy: Ongoing development, refinement and implementation of comprehensive Private Assets investment strategies to meet the Fund’s mandate across key Private Markets asset classes (Private Equity, Private Credit, Infrastructure and Real Estate).
- Manager selection: Define and run the process to select and establish key partnerships with investment managers and advisors, execution of IMA/partnership agreements and ongoing monitoring of their performance.
- Private Markets Operations & Oversight: Responsibility for the effective operational management of the Private Assets portfolio, including oversight of capital calls and distributions, valuations, cash‑flow forecasting, performance measurement, reporting, data integrity, and coordination with internal operations, finance, risk and external service providers to ensure robust controls and efficient portfolio administration.
- Holistic Portfolio Management: Responsibility for total portfolio considerations implementing the Long-Term Strategy for each Fund across both privates and publics.
- Market Analysis: Conduct detailed private market financial analysis to identify and assess specific investment opportunities and risks.
- External Manager Research: Conduct detailed research on external private markets managers and fund offerings.
- Management of the overall performance and risk of the mandates, in particular in relation to the Private Assets investments, in line with appropriate benchmarks.
- Stakeholder Communication: Communicate effectively with stakeholders, including external investment managers, market counterparts, other NTMA departments and governance fora.
- Team building: Take a leadership role in developing the Private Markets team within the FIF and supporting continued development of the team as the Private Assets activity expands over time.
- Working collaboratively with colleagues, partners and stakeholders, promoting a culture of high performance and continuous improvement.
Knowledge And Experience The ideal candidate will:
- Have a third level qualification in Finance, Economics, Accounting, Science, Engineering, or a related discipline; Advanced degree, and/or CFA designation are helpful.
- Demonstrate a keen and well-informed interest in investment, including knowledge of Private Markets from both a Fund and Direct investment perspective.
Experience
- Minimum 10 years’ experience in investment/fund management or equivalent environment.
- Experience developing and delivering strategies involving input from, and coordination across, multiple stakeholders.
- Experience/track record of manager selection and investment execution in private markets, ideally including familiarity with LPA structure and negotiation of other key deal documentation.
- Experience of Investment monitoring and management.
- Experience of direct investments and exposure across multiple Private Markets asset classes an advantage.
- Experience in public markets investments an advantage.