What are the responsibilities and job description for the Portfolio Manager - Renewable Infrastructure (North America) position at Norges Bank Investment Management?
Norges Bank Investment Management is expanding its renewable energy infrastructure investments into North America and seeks an exceptional Portfolio Manager to lead this strategic initiative within our Energy & Infrastructure team in Active Strategies. This pioneering role offers a unique opportunity to establish and shape
NBIM's direct unlisted renewable infrastructure investment footprint in a key market. You will build and manage a high-quality portfolio leveraging our strengths as a long-term investor with significant capital deployment capabilities and strong global reputation.
The position is based in New York, reports directly to the Global Head of Energy & Infrastructure, and involves travel across North America.
Duties And Responsibilities
What you will do
What You Need
You are a seasoned energy and infrastructure investment professional with the strategic vision and execution capabilities to build a successful portfolio in new markets. Your approach combines rigorous analysis with relationship-building skills. You excel in strategic thinking, transaction execution, stakeholder engagement, and clear communication, all underpinned by unwavering integrity. You thrive when pioneering new investment capabilities while collaborating effectively with established teams across a global organization.
What We Offer
Norges Bank Investment Management offers a rewarding, international fast-paced working environment, and the opportunity to play a role in safeguarding and building financial wealth for future generations as part of one of the world’s largest funds. Norges Bank Investment Management has a performance culture that values the contribution of every individual and focuses on professional growth.
Our Values
We're driven by a culture of continuous learning. We take action while constantly seeking better ways to achieve our goals. Learning is embedded in everything we do. We embrace growth opportunities and strongly encourage lifelong learning. We emphasize digital proficiency, with a particular focus on AI. Our people are expected to be comfortable adopting and leveraging AI tools. We prioritize wellbeing, supporting both ourselves and our colleagues. And lastly, but not least, we believe in creating an environment where we have fun together!
We are grounded in trust, high ethical standards, a flat hierarchy, and diversity. We aim to increase the share of women to exceed or match the industry average across all functions. Norges Bank Investment Management is committed to ensuring Equal Opportunities for all employees.
Staying healthy – We have comprehensive healthcare coverage for you and your dependents at no cost to you. In addition, we have a Healthcare Reimbursement Plan to cover deductibles, co-payments, prescriptions and other healthcare costs, along with vision and dental expenses. You and your dependants can get an annual physical exam as part of the healthcare coverage and will have counselling services available through our employee assistance program.
Recharge when you need to – All employees get 25 vacation days plus one extra day for the last week of the year. When you’re taking time off, we provide access to holiday facilities in Norway and all over Europe, for you and your family. Find your charging station and come back energised!
Planning for the long term – We contribute 8% of base salary to your 401k DC plan without you needing to contribute. You can focus on the present and don’t worry about the future. Employee contribution options are also available.
Spending time with family – Becoming a parent? Don’t stress! You’ll get 16 weeks, gender-neutral, full base pay, parental leave to spend with your child. We also give you paid days off for other emergencies
Flexible Working - We operate a hybrid model that allows our colleagues to work from home for up to two days a week from New York, Connecticut, New Jersey and Massachusetts.
Compensation - Expected Base Salary rates for the role will be between $290,000 and $370,000 per year at the commencement of employment. Base Salary, if hired, will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include performance pay.
Are you interested?
We would love to hear from you! You can apply through the link in this ad, that will take you to the application form in our recruitment system.
Applications will be reviewed consecutively throughout the application period.
Employment with Norges Bank is conditional on an approved security check in accordance with Norges Bank’s policies. This process may include criminal background and credit checks, verification of employment history, and academic record verification. Completion and approval of these checks are required before an employment offer is finalized.
Contacts
Dominic Freud, Managing Partner, dfreud@boyden.com
Harald von Heyden, Global Head of Energy and Infrastructure
Kristin Miai Birkeland, Global Talent Acquisition Partner
Location
505 Fifth Avenue, 20th Floor
NY 10017 New York
Key information:
Employer: Norges Bank Investment Management
Reference number: 4954284561
Percentage of full-time: 100%
Permanent
Application deadline: 30/04/2025
NBIM's direct unlisted renewable infrastructure investment footprint in a key market. You will build and manage a high-quality portfolio leveraging our strengths as a long-term investor with significant capital deployment capabilities and strong global reputation.
The position is based in New York, reports directly to the Global Head of Energy & Infrastructure, and involves travel across North America.
Duties And Responsibilities
What you will do
- Develop and execute NBIM's North American strategy for unlisted renewable infrastructure investments
- Identify, evaluate, and secure compelling opportunities across solar, wind, storage, and emerging renewable technologies
- Cultivate and maintain strong industry relationships while representing NBIM's interests with partners, developers, and stakeholders
- Serve as an ambassador for the fund in the North American renewable energy ecosystem
- Collaborate closely with global Energy & Infrastructure colleagues and other relevant teams to share market insights and strengthen investment decisions
What You Need
- Advanced degree with exceptional academic credentials
- Minimum 15 years of relevant experience with demonstrated success in direct unlisted infrastructure investments, specifically in renewable energy
- Comprehensive knowledge of North American renewable markets, regulatory environments, and competitive landscape
- Proven track record in transaction origination, execution, and asset management with investment decisions that deliver long-term value
- Exceptional ability to forge strategic partnerships, work effectively across investment teams, and navigate diverse stakeholder relationships
You are a seasoned energy and infrastructure investment professional with the strategic vision and execution capabilities to build a successful portfolio in new markets. Your approach combines rigorous analysis with relationship-building skills. You excel in strategic thinking, transaction execution, stakeholder engagement, and clear communication, all underpinned by unwavering integrity. You thrive when pioneering new investment capabilities while collaborating effectively with established teams across a global organization.
What We Offer
Norges Bank Investment Management offers a rewarding, international fast-paced working environment, and the opportunity to play a role in safeguarding and building financial wealth for future generations as part of one of the world’s largest funds. Norges Bank Investment Management has a performance culture that values the contribution of every individual and focuses on professional growth.
Our Values
We're driven by a culture of continuous learning. We take action while constantly seeking better ways to achieve our goals. Learning is embedded in everything we do. We embrace growth opportunities and strongly encourage lifelong learning. We emphasize digital proficiency, with a particular focus on AI. Our people are expected to be comfortable adopting and leveraging AI tools. We prioritize wellbeing, supporting both ourselves and our colleagues. And lastly, but not least, we believe in creating an environment where we have fun together!
We are grounded in trust, high ethical standards, a flat hierarchy, and diversity. We aim to increase the share of women to exceed or match the industry average across all functions. Norges Bank Investment Management is committed to ensuring Equal Opportunities for all employees.
Staying healthy – We have comprehensive healthcare coverage for you and your dependents at no cost to you. In addition, we have a Healthcare Reimbursement Plan to cover deductibles, co-payments, prescriptions and other healthcare costs, along with vision and dental expenses. You and your dependants can get an annual physical exam as part of the healthcare coverage and will have counselling services available through our employee assistance program.
Recharge when you need to – All employees get 25 vacation days plus one extra day for the last week of the year. When you’re taking time off, we provide access to holiday facilities in Norway and all over Europe, for you and your family. Find your charging station and come back energised!
Planning for the long term – We contribute 8% of base salary to your 401k DC plan without you needing to contribute. You can focus on the present and don’t worry about the future. Employee contribution options are also available.
Spending time with family – Becoming a parent? Don’t stress! You’ll get 16 weeks, gender-neutral, full base pay, parental leave to spend with your child. We also give you paid days off for other emergencies
Flexible Working - We operate a hybrid model that allows our colleagues to work from home for up to two days a week from New York, Connecticut, New Jersey and Massachusetts.
Compensation - Expected Base Salary rates for the role will be between $290,000 and $370,000 per year at the commencement of employment. Base Salary, if hired, will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include performance pay.
Are you interested?
We would love to hear from you! You can apply through the link in this ad, that will take you to the application form in our recruitment system.
Applications will be reviewed consecutively throughout the application period.
Employment with Norges Bank is conditional on an approved security check in accordance with Norges Bank’s policies. This process may include criminal background and credit checks, verification of employment history, and academic record verification. Completion and approval of these checks are required before an employment offer is finalized.
Contacts
Dominic Freud, Managing Partner, dfreud@boyden.com
Harald von Heyden, Global Head of Energy and Infrastructure
Kristin Miai Birkeland, Global Talent Acquisition Partner
Location
505 Fifth Avenue, 20th Floor
NY 10017 New York
Key information:
Employer: Norges Bank Investment Management
Reference number: 4954284561
Percentage of full-time: 100%
Permanent
Application deadline: 30/04/2025
Salary : $290,000 - $370,000
