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Asset Management – Infrastructure Investments – Associate
210750961
T15:03:03+00:00
London
Portfolio Management
Full time
J.P. Morgan Asset Management is the world’s third-largest alternatives manager, with a 40-year history of delivering innovative alternative solutions across market cycles. Our alternative investment engines are managed by highly specialized independent teams, backed by the global reach, vast resources and robust governance of J.P. Morgan Asset Management. Our alternative strategies are designed to achieve specific client outcomes and built to deliver uncorrelated returns to traditional asset classes. Customized alternative portfolios can be tailored to individual client needs. We offer strategies across the alternative investment spectrum, including real estate, private equity and credit, infrastructure, transportation, liquid alternatives and hedge funds.
The Infrastructure Investments Group (“IIG” or the “Group”) is a dedicated team and business unit within JPMAM Global Alternatives focused on advising a perpetual-life strategy that offers investors a moderate-risk, long-term approach to private infrastructure equity investing that is diversified both in terms of geography and subsector. The strategy advised by IIG is one of the largest of its kind with c.US$47 billion in committed capital under management, representing more than 10 times growth in assets under management over the past 10 years. The current portfolio includes 18 companies that in turn own c.1,053 underlying assets globally. The IIG team is comprised of 40 dedicated Investment Principals and 30 specialist team members including fundraising, investor relations, execution, tax, research and finance, based in London and New York.
The strategy focuses on active management through control positions (majority equity ownership) in private companies as the long-term owner of companies that provide essential services (water, heat and electricity such as renewable energy); water, natural gas and electric utilities; and trains and airports, which are all vital to the economic health and productivity of the communities in which they operate. Geographically, the strategy is focused primarily in the U.S., Canada, Western Europe, Australia, and secondarily in other OECD countries.
Job Responsibilities
The Investment Principal Associate will work closely with senior IIG team members to effect long-term strategies for the Group, which includes:
- Developing and executing business plans for portfolio companies pre- and post-acquisition
- Liaising directly with portfolio company management on all aspects of business development, including M&A and financings
- Participating actively in the budgeting and strategic planning processes at portfolio companies
- Attending board and committee meetings for portfolio companies
- Overseeing and managing relationships with shareholders, operating partners, and co-investors
- Monitoring and maximizing cash flow from investments
- Supporting all aspects of fundraising activities
- Interacting with sellers, partners, investment bankers, and advisors to source and review select acquisition opportunities, including leading deal and structuring teams
- Screening investment opportunities from a qualitative and quantitative perspective, including taking an active role in due diligence, managing third-party experts and advisors, valuation, and discussing preliminary findings
- Drafting and presenting investment memorandums for internal investment committees and board meetings and external client presentations
Required qualifications, capabilities and skills
- 2+ years of relevant experience in private equity or infrastructure buy-side investing, investment banking, project finance and/or related infrastructure operating company experience; strategic consulting with previous experience in infrastructure assets may also be considered
- Working proficiency in operating and valuation models, including discounted cash flow analyses
- Interest in infrastructure (e.g. utilities, transportation, renewable energy, water)
- Commitment to the highest standards of integrity and ethics
- Robust quantitative and analytical skills
- Strong written and verbal communication skills
- Desire to work in a collaborative and team-oriented environment
- Ability to independently manage time to deliver simultaneous projects to a high standard.
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.