Portfolio Management Associate, Sustainable Infrastructure

Equilibrium

Portfolio Management Associate, Sustainable Infrastructure

Portland, OR
Full Time
Paid
  • Responsibilities

    About Equilibrium

    Equilibrium is a sustainability-driven private equity firm with a focus on investment portfolios for institutional investors and has built pioneering institutional portfolios in the areas of controlled environment agriculture and carbon transition infrastructure. Over the coming years, Equilibrium will be working to manage key parts of these portfolios to successful exits on behalf of their respective investors.

    We are looking to add a Portfolio Management Associate to our team to help execute this focus on returning capital. Reporting to the Head of Investments, this position will be a hands-on contributor through a period of value maximization and value realization. This role offers a growth opportunity for investment and asset management experience working directly with our assets, joint venture partners, and LP’s, and will be involved in all aspects of portfolio management, fund administration, and, ultimately, strategic exit processes.

    This position is high-visibility both within and without our organization, and will provide executive level interaction across a diverse portfolio spanning, among others, a private REIT with leased $100 million greenhouses, executive-level board positions with an AU$1B produce company in Australia, a joint venture in Mexico, and an operating biogas partnership in the U.S. Midwest.

    More About Equilibrium’s Sustainable Infrastructure Team

    Equilibrium’s Sustainable Infrastructure Team manages Equilibrium’s proprietary funds and portfolios in Controlled Environment Foods (“CEF”) and Carbon Transition Infrastructure (“CTI”).

    The CEF strategy is comprised of Controlled Environment Foods Fund I & II (CEFF I/II), which are closed-end funds with LP commitments of nearly $1.4B that have focused on controlled environment agriculture and foods investments across North America, Europe, and Australia.

    The CTI strategy comprises two portfolios in biogas and waste-to-energy portfolios.

    Key Responsibilities:

    The Portfolio Management Associate will be a crucial member of the investment and portfolio management team, and responsibilities may include:

    • Work closely with on-the-ground operators and portfolio company executives, operations, and strategy teams.
    • Build day-to-day relationships with these counterparties and be willing to “roll up your sleeves” to do what it takes to preserve, maximize, and return value across the different portfolios.
    • Monitor and report on existing portfolio investments, including tracking and reporting on financial, operational, and sustainability related metrics.
    • Represent Equilibrium in working with tenants, JV partners, and operating partners to drive improvement at our investments through hands-on asset management, such as reviewing and implementing capital improvement and maintenance projects.
    • Travel to portfolio assets to identify issues, implement solutions, and drive performance enhancements.
    • Working with senior management, support the execution of a systematic exit plan for the substantial majority of portfolio investments over the next 2-5 years, which may include:
      • Participating in meetings with REIT and other real asset buyers and strategic partners.
      • Participating in interviews with investment banks and financial advisors.
      • Preparing CIM’s and data rooms for portfolio investments.
      • Coordinating due diligence processes, and responding to questions.
    • Support senior management in participating in board-level processes, including preparing for and attending board meetings.
    • Help coordinate valuation and other internal fund administration processes.
    • Track important administrative and filing deadlines for fund investments, and work crossfunctionally to ensure timely completion.
    • Prepare materials for quarterly and annual reporting, and assist with annual investor meetings.

    Qualifications:

    • Bachelor’s degree in finance, business, or a related field required; Master’s degree preferred.
    • Minimum of 2 years of experience in investment banking, real estate, private equity, or agribusiness.
    • At least 1 year of experience with financial modeling, or the ability to demonstrate proficiency at this level.
    • Experience with standard investment legal documentation and terminology.
    • Experience drafting investing reporting documentation, memorandum, and investor presentations.
    • Strong relationship building skills both externally and internally in a collaborative, small team environment.
    • Minimum of a two-year commitment.
    • Excellent English written and verbal communication skills.
    • Ability to work in a hybrid work environment. Remote work may be considered for exceptionally qualified candidates.
    • Ability to travel up to 25% as needed.

    Location: Portland, Oregon. San Francisco, California may be considered for qualified candidates.

    Compensation & Benefits:

    _ Compensation:_

    • Salary Range: $115,000 - $130,000.
    • Discretionary performance-based bonus.
    • Long-term incentive programs, such as bonuses associated with portfolio performance and returning capital.

    _ Benefits Include (not limited to):_

    • Medical, vision, and dental.
    • Tax-advantaged savings plans (HSA, FSA, transportation, and dependent care.
    • Firm sponsored Life Insurance, disability & life insurance.
    • Bank-less Paid Time Off (PTO).
    • Paid parental leave.
    • 401(K) with company match.