Job Specifications
ABOUT US:
John Laing Group is a leading international investor and active asset manager of core infrastructure assets. With a history of investing in over 150 core infrastructure assets, John Laing has transformed communities worldwide. Previously listed on the London Stock Exchange, the company was taken private in 2021 by KKR’s Diversified Core Infrastructure Fund (DCIF), which has raised over US$14bn from investors like pension funds, insurance companies and sovereign wealth funds.
John Laing operates in seven countries and employs over 100 people across offices in London, Dublin, Amsterdam, Melbourne, Sydney, New York and Bogota. With a $3billion global portfolio, the firm’s strategy under DCIF ownership is to develop/buy, hold and grow sustainable greenfield and brownfield infrastructure projects, businesses and platforms.
Under KKR’s ownership John Laing has transformed into an exciting, dynamic core infrastructure investment platform with expansive growth. Our operational highlights include:
Exponential growth: more than doubled AUM in the 2 years since KKR take private.
Ready access to capital: via KKR funding platform, deployed c. £1.3bn in the last two years.
Outsized returns / “Smart” transactions: 70% of transactions have achieved outsized returns.
Active asset manager: leading bids and playing an active role post-acquisition.
Global but nimble organisation: benefits from a global footprint while reacting swiftly to opportunities.
Recognised leader in Greenfield: choice of investment partner for complex greenfield development.
A new force in core midmarket brownfield: successfully acquired 11 brownfield assets since the KKR take private.
On greenfield, John Laing partners with global, leading construction companies to deliver PPP projects in transportation, social, and energy infrastructure, while also investing in mid-market businesses with long-term, resilient cash flows.
On brownfield, John Laing invests in operating assets, mid-market businesses and platforms that manage physical assets with long-term, predictable and resilient cash flows which are less cyclical or correlated to the broader economy.
Find out more on our website: www.laing.com
THE ROLE AND OPPORTUNITY
As an Associate, you will support the management and execution of infrastructure investments, working closely with senior team members to ensure the successful implementation of investment strategies. This role involves financial analysis, due diligence, and the preparation of compelling investment materials, ensuring every project is a success. You will play a key role in contributing to the growth of the business by taking a lead transactional role during the bidding, financial close and valuation process.
KEY RESPONSIBILITIES
Investment Analysis: Conduct financial modelling and industry research to support the evaluation of new Greenfield and Brownfield investment opportunities.
Due Diligence: Assist in the due diligence process, including reviewing due diligence material (including technical, commercial, financial, tax, accounting, legal, ESG, pension), conducting market analysis and assessing risks. Lead due diligence workstreams in some instances. Understand and manage financial risks on the project, collaborating with commercial, financial and operational teams to deliver viable investments.
Investment Committee: Contribute to the preparation of the necessary Investment Committee papers.
Deal Support: Support the preparation of investment memos, presentations, and other materials for internal and external stakeholders.
Asset Management: Track and report the performance of existing investments, identifying key trends and potential issues. Assist portfolio companies and their management with analysis, financing and bolt-on acquisitions. Develop strong, trusted relationships with portfolio companies and their management teams. Conduct detailed financial modelling, scenario analysis and updates to valuation methodology.
Client Interaction: Support senior team members in managing client relationships and responding to client enquiries.
Team Collaboration: Work collaboratively with colleagues across different departments to ensure the smooth execution of investment strategies.
Coaching & Development: Provide oversight and mentorship to analysts, supporting them to produce high-standard output on a timely basis. Support continuous learning and professional development for analysts.
Market Status: Keep up to date with current market trends, including established market practices and published guidance.
VALUES & BEHAVIOURS
We look for people who live our values in their day-to-day work. At this level we expect you to demonstrate the following behaviours aligned with our four core values:
Excellence: Deliver high-quality work and continuously seek to improve. Develop unique expertise in your area of responsibility. Bring new ideas to the table and consider external perspectives to enhance performance.
Transparency: Sh
About the Company
John Laing is a leading international investor and active manager of core infrastructure assets. The company invests across the spectrum of development, under construction and operational assets in a range of sectors, including transportation, energy and utilities, telecommunications and social infrastructure.
John Laing has an Investment focus of core infrastructure assets in OECD countries:
- PPP & Projects: investing in and delivering PPPs and other concession based or similar assets
- Mid-market Core Businesses: inve...
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