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Portfolio Manager, Equity Long/Short - Industrials New York City | Multi-Strategy Hedge Fund Platform | Backed by a $50bn+ Global Investment Manager Our client is the multi-strategy hedge fund arm of a globally recognised investment management firm overseeing more than $50bn in assets. As part of a significant strategic expansion, they are seeking to hire an experienced Equity Long/Short Portfolio Manager focused on Industrials to establish and scale a dedicated strategy from their New York office. This represents a rare opportunity for an experienced PM to join a well-capitalised platform that combines the entrepreneurial freedom of running an independent book with the stability, infrastructure, and long-term mindset of a major institutional asset manager.
The Opportunity: Unlike traditional pod shops, this platform operates within a highly collaborative environment where Portfolio Managers are viewed as long-term strategic investments rather than short-term performance hires. The successful candidate will be responsible for building and managing a dedicated fundamental Equity Long/Short Industrials strategy, with full ownership of idea generation, portfolio construction, position sizing, risk management, and overall investment decisions. Each PM runs a standalone book and has significant autonomy over how they construct and manage their strategy. The firm is particularly interested in experienced investors with a repeatable investment process, a demonstrated ability to generate alpha on both the long and short sides, and the potential to scale meaningful institutional capital over time. Platform Highlights Opportunity to launch and lead a dedicated Equity Long/Short Industrials strategy Significant capital allocation available from day one Backing of a global investment manager with substantial resources and permanent infrastructure Ability to operate as a standalone PM or build out a team of up to five analysts Independent book ownership with significant investment autonomy Flexibility to construct a portfolio around the PM's existing investment style and areas of expertise within Industrials Collaborative culture that encourages information sharing without forcing centralised investment decision-making Long-term commitment to Portfolio Managers, reflected by an average PM tenure of approximately 7.5 years Drawdown limits materially more flexible than those typically offered by multi-manager pod platforms Competitive economics, including strong P&L participation alongside a guaranteed base salary No draw arrangement
Candidate Profile: The ideal candidate will possess:
  • A demonstrable track record managing or taking significant investment responsibility for a fundamental Equity Long/Short strategy
  • Deep expertise across Industrials, with the ability to generate differentiated long and short ideas
  • Experience investing within a hedge fund, asset manager, family office, or similar institutional environment
  • A clearly defined and repeatable fundamental investment process
  • Strong company-level research capabilities, including financial modelling, valuation, management assessment, and variant-view idea generation
  • Evidence of consistent risk-adjusted performance across varying market environments
  • Strong understanding of portfolio construction, factor exposures, sizing, liquidity, gross/net exposure, and drawdown management
  • A strategy capable of scaling meaningful institutional capital
  • The desire to build a long-term franchise within a stable platform rather than operate under highly restrictive pod-shop conditions
  • Why This Role?
  • This opportunity offers a compelling alternative to the traditional multi-manager model.
Rather than joining an environment built around short evaluation periods and highly restrictive risk parameters, the successful candidate will have access to meaningful capital, greater risk flexibility, institutional-grade infrastructure, and the opportunity to build a durable Industrials franchise over the long term. For an experienced Equity Long/Short Industrials investor looking for the autonomy of running their own book without sacrificing the resources and stability of a major investment platform, this represents a highly differentiated opportunity.

Also on the board Same function, level within a rung

Level

Manager

Location

Jersey City, NJ

Occupation

Investment Fund Managers

Industry

Portfolio Management and Investment Advice

Posted

4 days ago

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