Investment Analyst

Legal & General is one of Europe’s largest asset managers, providing clients and partners with complex, responsible investment solutions, across public and private markets. As a global investor, we are present where our clients most need us – from Hong Kong and Singapore, to Chicago and major European financial hubs.

Created by combining our investment management (LGIM) and asset origination (LGC) capabilities, our Asset Management division works with our Institutional Retirement and Retail divisions to benefit our clients and customers – which include individual savers, pension scheme members and global institutions – and deliver enhanced shareholder returns.

Joining us means becoming part of a market-leading team, with capabilities across the full spectrum of asset classes, with an enduring commitment to responsible investment and creating long-term, sustainable value for our clients and partners.

We are currently recruiting a newly created position as an Investment Analyst covering L&G Asset Management’s digital infrastructure private equity strategy. The strategy focuses in particular on the following sectors: data centres, fibre, wireless infrastructure (e.g. towers) and managed service businesses. Target geographies are principally EU and UK, alongside a smaller allocation to N America. Typical individual equity investments of €50-500m (includes co-invest) for significant minority to majority Board seat stakes. The strategy invests both L&G balance sheet and 3rd party managed client capital.

What you'll be doing:

• Assisting in deal sourcing / screening and sector research. The individual, with the team, will likely annually review up to 50 deals p.a, from which, on average, 2 are executed annually.
• Assisting in all stages of the transaction process, in particular:
  • Investment analysis, with particular focus on DCF modelling and other quantitative analysis.
  • Managing advisors and reviewing output.
  • Preparation of investment papers for investment committees.
• Assisting in managing portfolio companies / assets – reviewing regular reporting, observing board meetings, assessing ad-hoc commercial matters and exit planning, preparation of periodic performance reviews.
• Assisting with development of broader investment strategy, corporate development and fundraising initiatives.

Who we're looking for:

• Qualified ACA or CFA.
• Previous relevant private market transactional work experience e.g. investment bank, Big 4, corporate finance, PE or investment firm; with a preference for experience in infrastructure / real estate investments.
• Building / managing detailed DCF / LBO models.
• Analysing financial statements, capital structures (debt and equity) and valuation techniques.
• Developing recommendations and writing / presenting reports / papers for a variety of key stakeholders.
• Fluent in at least one of the following languages: German, French, Spanish, Italian.
• Must be enthusiastic and a self-starter.
• Commercially astute and entrepreneurially minded.
  

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:

• The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes.
• Generous pension contribution.
• Life assurance.
• Private medical insurance (permanent employees only).
• At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday.
• Competitive family leave.
• Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice.
• There are the many discounts we offer – both for our own products and at a range of high street stores and online.
• In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart.

Legal & General is a leading financial services group and major global investor, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.

We aim to build a better society for the long term by investing our customers’ money in things that make life better for everyone.

If you join us, you’ll be part of a welcoming culture, with opportunities to collaborate with people of diverse backgrounds, views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We strive to be open, mindful and inclusive, so are always willing to discuss flexible working arrangements and reasonable accommodations for candidates with specific needs.

If you’re open to find out more, we'd love to hear from you.