Equity Long/Short Portfolio Manager

Role Overview

We have partnered with a leading independent asset manager looking to hire a Senior Equity Long/Short Portfolio Manager to join their expanding hedge fund platform. This is a senior, flagship portfolio manager opportunity with responsibility for running a high-conviction, directional Equity Long/Short strategy, supported by significant institutional backing and the opportunity to build a dedicated investment team over time.

The successful candidate will manage a fundamentally driven, bottom-up investment strategy focused on generating alpha from both the long and short sides of the book. The mandate offers broad flexibility across sectors, meaningful gross and net exposure latitude, and the ability to invest across Europe and selected international markets where the Portfolio Manager can demonstrate a proven edge. The strategy is designed to scale significantly over time, with support for asset growth and potential seed capital for the right individual.

Key Responsibilities

• Manage a high-conviction, directional Equity Long/Short portfolio with full ownership of investment decisions and portfolio construction.
• Generate differentiated alpha through bottom-up fundamental stock selection across both long and short investments.
• Construct and manage a portfolio with flexible net exposure parameters, broadly ranging from -20% to +50%, while maintaining disciplined risk management.
• Invest primarily across Pan-European equities while selectively allocating capital to other developed markets, particularly the US, where demonstrable alpha opportunities exist.
• Manage a liquid large and mid-cap universe, focusing on companies broadly above €5bn market capitalisation.
• Contribute to the continued growth and development of the alternatives platform, including building and mentoring a dedicated investment team over time.
• Deliver attractive risk-adjusted returns with a target of 7-8%+ annualised performance through the cycle.
• Partner with senior leadership and distribution teams to help establish and grow a flagship investment franchise within the alternatives business.

Requirements & Qualifications

• Portfolio Management Experience: Proven track record as a senior, fully autonomous Portfolio Manager running a directional Equity Long/Short strategy with ownership of investment performance.
• Demonstrated Alpha Generation: Ability to generate consistent alpha on both the long and short sides of the portfolio through fundamental stock selection.
• Capital Management Experience: Experience managing a multi-hundred-million-dollar investment book with responsibility for portfolio construction, risk management, and performance delivery.
• Fundamental Investment Expertise: Deep experience in bottom-up equity research and fundamental investing across liquid large and mid-cap companies.
• Geographic Flexibility: Strong knowledge of European equity markets, with the ability to invest opportunistically across other developed markets where a proven edge exists.
• Sector Expertise: Generalist investment approach preferred, with experience across sectors such as Industrials and Financials. Heavy single-sector or pure TMT-focused strategies are less suitable.
• Investment Banking Background (Preferred): Prior experience in M&A or investment banking before transitioning to the buy-side is viewed favourably.
• Leadership & Cultural Fit: Entrepreneurial mindset with the desire and capability to build a long-term investment franchise, develop a team, and contribute positively to a collaborative investment culture.