Portfolio Manager - Energy Transition

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.

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 invest