Senior Associate/ Investment Manager, Infrastructure at DNB Asset Management Alternative Investments

Company: Application Deadline: 01.10.2024 Our people are the DNA of DNB. Since 1822, bright minds have worked together to find the best solutions for our customers. Today, DNB is much more than Norway’s largest bank, and a key player in the Norwegian economy. We are a technology driven financial institution, constantly adapting our operations and tailoring our services to the time we’re living in and to the future.

In DNB, you’ll find a wide range of career opportunities in Norway and internationally. We are among the best companies in the world when it comes to gender equality, and we take good care of the diversity represented by the people who choose to work here.

Senior Associate/ Investment Manager, Infrastructure at DNB Asset Management Alternative Investments

Who we are:
DNB Asset Management (DAM) is a leading Nordic asset manager with more than 1,000bn NOK under management. We offer our clients various investment strategies including discretionary mandates within Nordic and global asset classes, both long-only equities, long/short equities, investment grade and high yield corporate bonds, multi-assets, multi-manager portfolios and alternative investments. Our core focus within alternative investments today is Private equity, including primary, and direct investments, investing in- and alongside leading active sponsors in the Nordics, Europe and North America. The alternative investments unit is currently establishing an infrastructure leg to its alternative investments offering.

What we are looking for:
DAM Alternative Investments has seen increased activity in recent years, both on fund investing and direct investing. DAM Alternative Investments is now working on increasing the asset classes by establishing an infrastructure fund strategy. We are therefore looking to extend our alternative investments team with a Senior Associate/ Investment Manager dedicated to the infrastructure investment leg. The candidate should have 3+ years of professional investment experience, preferably from working with infrastructure private markets. The ideal candidate can both take a leading role in investment processes in addition to represent our products in fundraising-settings towards DAM’s clients.

Key responsibilities:
• Lead commercial due diligence on prospective infrastructure managers including assessments of strategy, team, track record and valuation of underlying portfolio companies
• Sourcing of target managers and funds within our investment scope
• Portfolio monitoring and manage ongoing core relationships
• Business development, reporting and ongoing responsibilities
• Participate in setting up the structure, including vehicle and mandate (process already started)
• The role is expected to require some travelling

Skills and abilities:
• 3+ years’ experience from investment activities, preferably including project management and analysis
• Strong interpersonal, organizational, strategic thinking and quantitative/qualitative skills
• Proficient knowledge of Microsoft Office, especially Excel and PowerPoint
• Interest in infrastructure, transactions and investments
• University degree within engineering or finance and a strong academic record
• Infrastructure experience is valued but not a requirement

We can offer:
• A dynamic and developing work environment, while becoming a part of one of the leading Nordic asset managers
• We offer one of Norway's best pension conditions and insurance schemes, as well as employee conditions for loans, savings, shares, etc. through the Personal Bank.
• Competitive compensation package

Application:
In addition to your CV, we require transcripts submitted before evaluating the application. Please make sure all attachments are in unprotected PDF format and uploaded before sending your application. All documents must be offical documents.

For general questions, please contact:
Jan Terje Aasgaard, Head of DNB Private Equity, +47 901 52 855 / [email protected].

Application deadline:
01.10.2024. Applications are reviewed on an ongoing basis.

In this job application process, you only need to upload your resume (CV) and briefly answer some job-related questions. Cover letter is not required but you can upload this under attachments if desired.

In DNB, we carry out background checks to verify that the information provided in your CV and other documentation is correct. Background checks are generally performed by an external independent third party. Former employers are typically contacted to check previous positions and periods of employment, while educational institutions are asked to confirm marks. No background check will be conducted without your prior consent, and you will receive more detailed information about this, if applicable. For positions that require an authorisation and/or approval of suitability, a police certificate of good conduct will be required.