Senior Portfolio Manager - Property

LGPS Central

  • West Midlands
  • Permanent
  • Full-time
  • 11 days ago
Join LGPS Central at a pivotal moment—where investment meets long-term impact.At LGPS Central, we’re at the heart of one of the most exciting shifts in the pensions and investment industry. With the Government’s Fit for Future agenda and wider pensions reform driving real change, now is the perfect time to join us and play a leading role in shaping how billions of pounds are invested for the benefit of local communities.We’re looking for a Senior Portfolio Manager – Property to help us grow and manage a property platform that is targeted to exceed £4bn over the medium term. This is your opportunity to influence strategy, drive performance, and deliver sustainable long-term value across UK and global real estate markets.As part of our Private Markets team, you’ll be central to building a high-performing and responsible property portfolio at scale—covering indirect funds, joint ventures, co-investments, and development projects. You’ll have a visible and influential role: engaging with Partner Funds, negotiating with external managers, and embedding ESG and climate considerations into every decision.What you’ll be doing:As our Senior Portfolio Manager - Property, here's a flavour of what you’ll get involved in:Strategic leadership & investment execution
  • Lead the management of LGPS Central’s property investment portfolio, targeted to grow beyond £4bn.
  • Source, evaluate, and execute UK and global real estate opportunities, including funds, joint ventures, developments, and co-investments.
  • Prepare and present clear, robust investment recommendations and due diligence papers for Investment Committee approval.
  • Maintain strategic oversight of portfolio construction, performance, risk analysis, and ESG integration.
Stakeholder engagement & governance
  • Build and manage senior relationships with external fund managers, advisors, and joint venture partners.
  • Engage directly with Partner Funds and governance bodies, ensuring transparency and alignment with their objectives.
  • Represent LGPS Central externally at meetings, forums, and industry events.
Leadership & culture
  • Support and mentor junior colleagues within the Private Markets team.
  • Drive a collaborative, responsible, and high-performing culture, embedding ESG and climate considerations throughout property strategies.
  • Contribute to operational and regulatory compliance, ensuring all activity aligns with AIFMD, FCA, and internal frameworks.
About usLGPS Central (LGPSC) Ltd is the FCA-regulated asset manager for eight local authority pension funds across the Midlands. LGPSC is jointly owned on an equal shares basis by those Partner Fund, and it is responsible for managing £45bn+ of their assets. It is one of eight Local Government Pension Scheme (LGPS) asset pools in the UK.LGPS Central’s Partner Funds are:
  • Cheshire Pension Fund
  • Derbyshire Pension Fund
  • Leicestershire Pension Fund
  • Nottinghamshire Pension Fund
  • Shropshire Pension Fund
  • Staffordshire Pension Fund
  • West Midlands Pension Fund
  • Worcestershire Pension Fund
The Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class.LGPS Central offers a friendly and diverse, hybrid-working environment with a range of employee benefits. The Company moved to new premises at i9, Wolverhampton Interchange in January 2022, close to local transport links.Our objective is to be a leading investment management company working with and for our Partner Funds. With a focus on value for money and performance we want to aspire to be one of the best because this is how we will deliver the superior investment returns and low costs for our Partner Funds.RequirementsReal Estate & Institutional Investment Expertise
  • Extensive experience in managing real estate portfolios, including funds, joint ventures, co-investments, and developments.
  • Proven track record in sourcing, executing, and managing complex property transactions.
  • Experience structuring and negotiating joint ventures and partnership agreements.
  • Strong understanding of institutional frameworks, ideally with exposure to pension funds and the LGPS.
Governance & Regulation
  • Excellent grasp of regulatory, legal, and operational frameworks relevant to property investments (AIFMD, FCA, RICS standards, ESG).
  • Experience in portfolio oversight, risk management, and compliance processes.
Leadership & Relationship Skills
  • Strategic thinker with the ability to influence portfolio direction and broader strategy.
  • Strong stakeholder management skills, engaging credibly with boards, trustees, senior partners, and external fund managers.
  • Demonstrated leadership capability, with experience mentoring colleagues and building collaborative team cultures.
Analytical & Communication Skills
  • Strong financial analysis and due diligence capability, with excellent written and verbal communication.
  • Ability to present complex investment concepts to varied audiences.
Ethical Standards & ESG Focus
  • Commitment to responsible investment and embedding ESG principles into property portfolios.
Qualifications:
  • Bachelor’s Degree - Required
  • CFA - Preferred
  • RICS Qualification - Preferred
  • Has or can meet all the requirements of being an FCA approved person
What do we offer?We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer. Here are a few of the valuable rewards that you will enjoy:
  • Competitive salary
  • An enhanced and generous Pension Scheme
  • 30 days' paid holiday plus bank holidays
  • 2 days paid volunteering days
  • An extra paid Company Day in addition to paid holidays
  • Excellent Learning & Development Opportunities
  • Welfare and Family-friendly policies
  • Enhanced pay for new parents
  • Access to our Employee Assistance Programme - 24-7 Health & Wellbeing Support
  • Vitality Private Medical Insurance
  • Hybrid Working
  • Company Service Awards
  • Cycle to Work Scheme
  • Company Electric Vehicle Scheme
  • Nominees of the Family Friendly Employer of the Year 2022 - Personnel Today Awards 2022
  • Winner of the Cultural Awareness Initiative of the Year - FT Advisors Diversity in Finance Awards 2023
  • Winner of Diversity and Inclusion Award - LAPF In Investments Award 2023

LGPS Central