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Job Title


Senior Portfolio Manager - Private Markets


Company : LGPS Central


Location : Wolverhampton, England


Created : 2025-05-04


Job Type : Full Time


Job Description

We are looking for a dynamic and experienced Senior Portfolio Manager to join our Investment team within the Private Markets (“PM”) group. This is a fantastic opportunity for someone with a strong background in Private Equity and Private Credit investments to take on a pivotal role in driving the growth and success of these functions.Based in Wolverhampton, you will be part of a high-performing team, working closely with colleagues to manage and expand investment portfolios that are key to our long-term strategy.If you're ready to contribute to the evolution of Private Equity and Private Credit investments and thrive in a fast-paced, collaborative environment, we want to hear from you.This role is a certified role under the Senior Manager’s Certification Regime and will be subject to assessments in Fitness and Propriety and any other regulatory requirements.What you will do:Assist with the management of the Private Credit and Private Equity portfoliosDevelop and deliver innovative Private Credit and Private Equity strategies which meet the needs of the Partner Funds, keeping strategies under review considering market developmentsOrigination, analysis, due diligence, legal review and negotiation (working with internal and external counsel), execution, and post-execution active monitoring and management of primary and secondary funds and direct co-investmentsPresent new transactions to the LGPS Central Investment Committee for approvalParticipate actively in the Private Markets Investment Committee (PMIC), overseeing and advising on investment portfolios, contributing to the investment strategy of the pool, and devising, and delivering transparent and repeatable investment processes which meet the investment targets of the Partner FundsAct as the LGPS Central representative on Limited Partner Advisory Committees of external funds, where relevantLead the development of future funds to be launched by LGPS CentralAct as an ambassador for LGPS Central, for example through attendance or speaking at relevant conferencesFollow the manager selection, appointment, monitoring and reporting frameworkManage risk and compliance per the Risk and Compliance FrameworkWork with the Responsible Investment & Stewardship team to review and analyse ESG risks for all fund commitments and direct co-investmentsProvide assurance to the Chief Investment Officer and the Investment Committee that the Private Equity and Private Credit portfolios are managed within the parameters set in the Prospectus and any Investment Management AgreementChampion a rigorous culture of high-performing, collaborative, research-based investing across LGPS CentralLine Management and development of the Private Equity and Private Credit team's junior staffAbout usLGPS Central (LGPSC) Ltd is the FCA-regulated asset manager for eight local authority pension funds across the Midlands. LGPSC is jointly owned on an equal shares basis by those Partner Fund, and it is responsible for managing £45bn+ of their assets. It is one of eight Local Government Pension Scheme (LGPS) asset pools in the UK.LGPS Central’s Partner Funds are:Cheshire Pension FundDerbyshire Pension FundLeicestershire Pension FundNottinghamshire Pension FundShropshire Pension FundStaffordshire Pension FundWest Midlands Pension FundWorcestershire Pension FundThe Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class.LGPS Central offers a friendly and diverse, hybrid-working environment with a range of employee benefits. The Company moved to new premises at i9, Wolverhampton Interchange in January 2022, close to local transport links.Our objective is to be a leading investment management company working with and for our Partner Funds. With a focus on value for money and performance we want to aspire to be one of the best because this is how we will deliver the superior investment returns and low costs for our Partner Funds.RequirementsSignificant experience of collaborative investment decision-making at a senior level, ideally in an FCA-regulated environmentSubstantial experience of Private Credit and Private Equity investments, including fund and co-investment productsAble to evaluate the performance and risk of investment portfolios objectivelyExperience of contributing to policies on the selection of investments, portfolio construction, and portfolio monitoring and reportingDirect experience of successfully managing investment portfoliosExperience of successful management and development of high-performing teamsA high degree of professional ethics, integrity and gravitasExcellent judgement and analytical skills.First-class interpersonal, people management and communication skillsQualificationsDegree level or equivalentCFA or equivalent qualification/relevant investment experienceHas or can meet all the requirements of being an FCA-approved personWhat do we offer?We are a diverse, dynamic and forward-looking employer and are members of the Employers Network for Equality and Inclusion. Below is a selection of benefits we offer our employees:Competitive salaryAn enhanced and generous Pension Scheme30 days' paid holiday plus bank holidays2 days paid volunteering days.An extra paid Company Day in addition to paid holidaysExcellent Learning & Development OpportunitiesWelfare and Family-friendly policiesEnhanced pay for new parentsAccess to our Employee Assistance Programme- 24-7 Health & Wellbeing SupportPrivate Medical InsuranceHybrid WorkingCompany Service AwardsCycle to Work SchemeCompany Electric Vehicle SchemeBrand New Office SpaceNominees of the Family Friendly Employer of the Year 2022 - Personnel Today Awards 2022