Investment Manager - Hgp

End Date
Wednesday 07 February 2024
Salary Range
£0 - £0
We support agile working - click here for more information on agile working options.
Agile Working Options
Hybrid Working
Job Description Summary
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Job Description
JOB TITLE: Investment Manager, HGP, UK-wide
SALARY: Competitive package
LOCATION: London
HOURS: Full-time
About this opportunity
Housing Growth Partnership (HGP) is an equity investor for social impact, passionate about accelerating the delivery of new homes across the UK through investing in joint ventures alongside developers and housebuilders across a range of residential tenures. HGP’s capital comes both from Lloyds Banking Group (LBG) and from the UK government, via Homes England, with HGP having discretion over our investments. All HGP colleagues are employed by LBG.
HGP has committed over £360m of equity to date supporting the delivery of over 10,000 new homes across the UK, including over £110m and 2,800 homes in 2023. We’re growing fast and have expanded from our roots supporting SME housebuilders to work across all the living sectors with partners and developments at all scales, contributing equity up to £30m per site into BTR, co-living, student accommodation, retirement living and homes for sale.
Further details can be found on our website www.housinggrowth.com.
We’re an ambitious business, seeking to be the equity provider of choice for the living sectors, and to grow through partnerships which bring both commercial returns and social benefit. We prize building strong relationships, taking an entrepreneurial approach, and working creatively.
This is an exciting opportunity if you’re driven to achieve results and make a real difference. You’ll join the Large Transactions and Strategic Partnerships team, investing in all residential sectors across the UK, focusing on the origination and execution of new investments. This role reports to Rachel Miller, Investment Director.
As Investment Manager, you’ll:

• Support the team to invest with developers and housebuilders across a range of residential developments and housing tenures which will benefit communities. This includes private for sale, build to rent and co-living, affordable housing, student and retirement living.
• Support the origination of new investments by identifying high-quality partners and opportunities which would benefit from HGP equity investment.
• Support and where appropriate lead all facets of deal execution. This includes evaluation of development appraisals provided by potential partners; conducting financial analysis and deal structuring; preparing investment proposals; negotiation, due diligence and legal documentation.
• Help manage the investment portfolio alongside a dedicated manager, which will require working with partner management teams and external advisers to oversee and support the development of successful residential schemes and HGP’s profitable exit from our investments.

About us
If you think all banks are the same, you’d be wrong. We’re an innovative, fast-changing business that’s shaping finance as a force for good. A bank that’s empowering its people to innovate, explore possibilities and grow with purpose.
What you’ll need

• Strong business acumen and the ability to make clear recommendations.
• Competent financial analysis, including cash flow modelling and structuring encompassing debt and equity.
• Experience in managing multiple due diligence workstreams to evaluate each new development and partner.
• Ability to support origination through building and maintaining effective and strong relationships across developers and housebuilders, advisors, intermediaries and lenders.
• Effective oral and written communication at all levels and across different audiences, including the ability to write clear investment papers.
• Adept in both internal and external stakeholder management to deliver results and build strong relationships.

Relevant experience and knowledge that would be an advantage but is not a prerequisite includes:

• Property development
• Property finance and structuring (debt or equity)
• Experience of different residential sub-sectors
• A network of contacts within the sector

Location
HGP has offices in London, Birmingham and Edinburgh. Whilst this role covers developments across the UK, it is within a team based in London, and you’ll need to commit to spending a minimum of two or three days per week in the London office. You’ll be required to travel within the UK on occasion, however we're advocates of agile working, so we’ll be pleased to consider applications from candidates wishing to work any flexible arrangement.
About working for us
Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms.
We want our people to feel that they belong and can be their best, regardless of background, identity or culture.
We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative.
And it’s why we especially welcome applications from under-represented groups.
We’re disability confident. So, if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.
We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%
• An annual performance-related bonus
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 30 days’ holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies

If you’re excited by the thought of becoming part of our team, get in touch.
We’d love to hear from you!
At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.
We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.