Alternative Investment Fund Manager, Luxembourg (N0121)

Coller Capital has grown rapidly since its formation in 1990 and is now one of the world's leading investors in private equity's secondary market – widely acknowledged as an innovator and a stand-out player at the complex end of secondaries. The firm provides liquidity solutions to many of the world’s leading private equity investors, acquiring interests in private equity funds, portfolios of private companies, and other private equity-related assets.

In January 2021, the firm closed Coller International Partners VIII, with capital commitments of over $9 billion. As part of its multi-product strategy, the firm also successfully closed its first credit fund (CCO I) in February 2022 at over $1.4 billion capital commitments. In March 2023, Coller Capital announced the creation of its global Private Wealth Secondaries Solutions (“PWSS”) business to provide further access to private capital markets for high-net-worth individuals. To date, Coller has launched retail products in the US and Luxembourg.

The firm is currently in Fundraising/pre-launch across all successor funds/product lines and as part of this growth, set up its own Alternative Investment Fund Manager (AIFM) in Luxembourg, under a Fund of Funds investment strategy as of December 2023, authorised and regulated by the CSSF

We are committed to fostering a diverse and inclusive environment where individuals can develop their talent and express themselves as part of a high achieving team. As investors, we value diverse perspectives, backgrounds and experience and actively look for these qualities in candidates. Our investment team alone benefits from over 20 different nationalities.

The role

Working alongside fellow officers and Conducting Officer’s (“CO’s”) in Luxembourg ultimately reporting to the Board of Directors of the AIFM, you will gain exposure to a wide range of duties where you will be required to foster strong relationships with various counterparties, including the Investment Advisor, to deliver best in class deliverables around supervision, oversight and reporting of the underlying AIF’s activities. Coller advocates a collaborative, entrepreneurial spirit and fast-paced atmosphere which is an ideal environment for team members to learn, develop and flourish.

The detail

The AIFM Manager will encounter a broad remit. Directly reporting to the Portfolio Management CO, you will be support operational oversight of Coller’s Funds across all strategies; ensuring that underlying AIFs Portfolio Management function is effectively managed with best-in-class market and regulatory standards (new deals activities, through to ongoing portfolio testing/reporting). The role also covers support of the valuation function, ensuring that appropriate oversight and testing exists as well as other responsibilities across the operation of the AIFM. Sitting within Coller’s Luxembourg office, the role involves working across Investment Advisors and administrator/depository teams. 

Other tasks include:

• Lead the preparation and organisation of AIFM Investment Committees.
• Monitoring and reporting of portfolio information and trends; identification of risks (performance, valuation etc); refining and tracking KPIs across AIF’s.
• Support monthly/quarterly valuation reviews across AIF’s; working with the investment advisor and administrators to deliver NAVs in a timely manner.
• Review of internal policies and procedures in relation with the operation of the AIFM. This includes support of Portfolio Management, Valuation and Risk as required.
• Ongoing collation, reporting and testing of AIF periodic information, working with the Investment Advisor to ensure that portfolio construction limits and valuations guidelines are adhered to.
• Perform initial and ongoing due diligence on the AIF Investment Advisors and external counterparties
• Working closely with the Investment Advisor and AIF Administrators to agree information flows and form oversight review procedures.
• Preparation of reporting to the AIFM ManCo and IC, AIF Board of Directors, Auditors, and the CSSF as applicable. Support with Minutes and actions of same.
• Coordination with other officers and CO’s of operations of the AIFM, particularly around oversight, and ongoing reporting to the Board of Directors.
• Review of fund documents and policies and procedures to ensure appropriateness of oversight at AIFM level.
• Contribute to, and monitoring of implementation of best practice, and continuous improvement whilst supporting general operation of the AIFM.
• Implementation of the decisions of the Board; identify and implement improvements across functions

Essential experience:

• Post graduate degree in Finance, Economics or similar field from university or business school.
• At least 3-5 years of relevant experience within a private equity asset manager, AIFM, of ‘Big 4’ environment.
• Knowledge of AIFMD, private equity transactions, and fund lifecycles.
• Direct experience within a Portfolio Management, or within Valuation environment, ideally in a Fund of Funds type strategy.
• Analytical approach, with excellent attention to detail.
• Excellent communication skills.

Desirable experience:

• Experience in a 3^RD Party, or in house ManCo of a PE firm/Asset Manager
• Experience working within a secondaries, or Fund of Fund environment or for debt / credit funds.
• Experience working alongside regulators, administrators and other third-party providers.

Competencies:

• Excellent interpersonal skills; able to create, develop and maintain strong business relationships with internal and external stakeholders
• Ability to work collaboratively in a growing, fast-paced environment and manage multiple priorities within deadlines
• Ability to take responsibility for significant areas of work and deliver with minimal supervision showing an accountable and proactive approach
• Demonstrate an ability to assimilate and adapt quickly to new knowledge and concepts
• Ability to problem solve and bring solutions to influence decision-making
• Ability to identify efficiencies and work collaboratively to drive change
• Demonstrates a positive attitude; places value on and contributes to a collaborative and supportive team culture

Benefits:

In addition to a competitive salary and bonus scheme, we offer private medical insurance and an attractive pension.

Please let us know if we can make any reasonable adjustments at interview in order to fully support and promote your talent.