Help us make a big green dent in the universe. We're on a mission to drive the global renewable energy revolution, and we need many more people to help us make our vision a reality.
Octopus Energy Generation (OEGEN) is a leader in sourcing, investing in, and managing a wide range of utility-scale renewable energy assets. As we continue to expand our investment base, we are dedicated to building a diverse team that reflects the communities we serve. Currently, we manage a global portfolio of over £7 billion in renewable energy assets.
We are committed to delivering best-in-class responsible investment activity, offering like-minded investors the means and products to invest their capital sustainably. It is our ambition to change the entire energy lifecycle and make every green electron matter, delivering the best outcomes for customers, investors, the environment and society, accelerating the transition to net zero.
About the role:
We are seeking a Portfolio Manager to join the Fund Management team, reporting to the Head of Funds and Sustainability. This role has responsibility across a group of energy transition strategies, including Octopus Energy Transition Fund, a single-investor co-investment vehicle, an Asia-focused energy transition fund and a new growth equity strategy expected to launch in Q3. The role will lead fund management activity across these mandates, ensuring strong governance, disciplined financial oversight, high-quality investor reporting and robust portfolio analysis.
The role requires a combination of strong fund management discipline, commercial judgement and effective cross-functional leadership. You will work closely with the platform team, the Singapore team and the Ventures team to ensure the fund management approach remains joined-up across multiple investment types, jurisdictions and operating models. You will lead all energy transition valuations (including where co-invested with funds outside direct remit), coordinating inputs across teams and ensuring that valuation outputs are robust, well-evidenced and suitable for committee and investor scrutiny.
You will directly manage two team members and will be accountable for the quality, consistency and development of the team’s output across monthly and quarterly valuations, investor reporting, governance materials, any lender requirements and fund-level analysis. The role will suit someone who is comfortable operating across both established and scaling strategies, with private equity and/or infrastructure knowledge and who can combine attention to detail with a pragmatic and collaborative approach.
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What you'll do
- Fund management and financial oversight: You will have full accountability for the fund management processes across your assigned strategies, including oversight of underlying asset and platform performance, fund models, investor returns, liquidity, distributions and key performance indicators. You will maintain a clear understanding of the interaction between fund-level and asset-level drivers of value and will work closely with the platform management team (who provide day-to-day commercial management of the investments) and other internal teams (e.g. asset management, finance and investments) to ensure reporting and forecasts are accurate, timely and decision-useful. You will oversee both equity and debt-related fund management activities where relevant, including capital structure monitoring, financing workstreams, lender relationship support and distribution forecasting. Using information from Platform and Asset Management teams, you will be expected to interrogate and explain fund performance clearly to internal stakeholders and investors.
- Valuations: You will lead the quarterly valuation process across the energy transition strategies under your remit. This includes bottom-up review of platform and asset valuations, ownership of key valuation assumptions, critical review of model outputs and coordination of inputs from investment, platform, finance and asset management teams. On shared platforms with the Sky fund, you will lead all energy transition valuations and act as the central point of coordination for valuation analysis and governance. You will retain sufficient technical ownership of valuation models to review, challenge and, where required, update outputs directly. You will apply appropriate valuation methodologies and work with the Head of Valuations to evolve these as necessary. You will present and defend valuations through internal governance processes, including investment and valuation committees, and ensure that the process is rigorous, repeatable and well controlled.
- Investor relationship management: You will support and develop strong investor relationships across the relevant mandates, understanding the specific requirements of each investor base and ensuring that fund management processes are responsive, commercial and credible. You will act as a senior point of contact for investor queries, working closely with Product and other teams where appropriate, and helping maintain a high standard of external communication and investor confidence. This will be particularly important across differentiated vehicles such as the single-investor SMA and newer strategies, where investor requirements may be more tailored and where clarity of communication is critical.
- Reporting: You will oversee the creation of investor deliverables that we are proud of with insightful and thoughtful KPIs and narrative, integrating ESG and impact and ensure reporting obligations of the funds are met. You will lead the team to work closely with Finance, Product, Legal and other teams on annual reports, audits, governance forums, fund documentation updates and operational due diligence requirements. You will ensure that each strategy is supported by a strong governance cadence and that decision-makers receive the right information at the right time.
- Cross team coordination: A key part of this role is operating effectively across teams. You will work very closely with the platform team to understand operational performance, business plan delivery, financing requirements and strategic priorities across underlying portfolio companies and platforms. You will also work closely with the Singapore team in support of the Asia-focused strategy, ensuring appropriate coordination across time zones, local market context and fund reporting requirements. You will build strong relationships with the Ventures team on the new growth equity strategy and the overlap in investment themes, processes and portfolio insights. The role requires someone who can create alignment across teams with different perspectives and operating rhythms, while maintaining fund management discipline and clear accountability.
- Risk Management: You will ensure that your fund is governed correctly, ensuring that the appropriate information is provided to enable decision making / focus on key issues. This includes understanding risks relating to valuation assumptions, liquidity, financing structures, foreign exchange, macroeconomic conditions, platform execution, health and safety, and ESG matters. You will work with relevant internal teams to ensure suitable policies, controls, mitigation plans and escalation routes are in place, and that risk considerations are appropriately reflected in governance papers and investor communications. You will work closely with the AIFM where required.
- Team Leadership: You will foster a team culture that is curious, accountable and continuously improving, encouraging the practical use of technology, AI and automation to simplify workflows, strengthen controls and improve the quality, consistency and scalability of outputs.
What you'll need
- Strong experience in fund management, portfolio management or a similar role within infrastructure, private markets or energy transition investing.
- Direct experience managing valuation processes, with the ability to challenge assumptions, review financial models and explain valuation outcomes clearly.
- Strong financial modelling capability, including fund, asset and debt modelling.
- Experience of working across multiple structures, including funds, co-investment vehicles and growth-oriented or private market strategies.
- Experience producing and overseeing quarterly and annual investor reporting and governance materials to a high standard.
- Experience managing stakeholder relationships across investment, finance, product, legal and portfolio or platform teams.
- Experience managing and developing junior team members.
- Strong commercial understanding of the energy transition sector and the business models relevant to the portfolio.
- A relevant financial qualification would be advantageous.
And to really stand out from the crowd, you will display the following qualities and characteristics:
- Genuinely interested in the energy transition and in building high-quality fund management capability across a growing platform
- Highly organised, with strong ownership of process, deadlines and output quality, able to manage multiple workstreams and deadlines in a fast-moving environment.
- Process-minded and continuously improving: able to simplify, standardise and strengthen models and reporting workflows without losing rigour.
- Commercial and analytical, able to move comfortably between detail and judgement.
- Strong written and verbal communication skills, able to distil analysis into clear messages and handle investor and internal stakeholder queries confidently.
- Detail-oriented and accountable, with a strong sense of ownership for the quality of outputs and underlying data.
- Collaborative and constructive team member, supportive of colleagues and comfortable working cross-functionally, flexible in approach and able to support others as necessary.
- Able to work autonomously, needing limited guidance day to day
💚 Why else you'll love it here
- 💰 Wondering what the salary for this role is? Just ask us! On a call with one of our recruiters it's something we always cover as we genuinely want to match your experience with the correct salary. The reason why we don't advertise is because we honestly have a degree of flexibility and would never want salary to be a reason why someone doesn't apply to Octopus - what's more important to us is finding the right octofit!
- 🎉 Octopus Energy Group is a unique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. We want your hard work to be rewarded with perks you actually care about! We were recently named the UK's top company to work for, and we ranked in the top ten in the Sunday Times Best Places to Work 2024. Our Group CEO, Greg has recorded a podcast about our culture and how we empower our people. We’ve also been placed in the top 10 companies for senior leadership
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Our process usually takes up to 4 weeks, but we’ll always do our best to flex around what works for you. Along the way, you’ll chat with our recruitment team and your Recruiter will help you throughout different stages. Got any burning questions before then? Drop us a message at hiring@octoenergy.com and we’d love to help!
If this sounds like you then we'd love to hear from you. 🚀
Are you ready for a career with us? We want to ensure you have all the tools and environment you need to unleash your potential. Need any specific accommodations? Whether you require specific accommodations or have a unique preference, let us know, and we'll do what we can to customise your interview process for comfort and maximum magic!
Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we hire. Across Octopus, we're looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.
