Description

Job Title: Assistant Portfolio Manager - Commodities

Location: Paris, France or Geneva, Switzerland (hybrid flexibility possible)

Department: LFPI SAS - Event Driven Team

About LFPI Group

LFPI Group is one of Europe's leading independent multi-strategy alternative asset managers, with over €27-28 billion in assets under management across Europe, the United States, and Asia.

Originally rooted in French private equity, the Group has expanded internationally through dedicated local teams. Today, LFPI is active in Private Equity, Real Estate (funds of funds and direct investments), Asset Management (via Mandarine Gestion), and Private Banking (via Meeschaert).

With offices in major financial centers including Paris, Geneva, Luxembourg, New York, Hong Kong, and Singapore, we combine deep sector expertise with a collaborative, entrepreneurial culture.

About the Event Driven Team

LFPI is expanding its proprietary liquid strategies with a growing Event Driven portfolio that invests in both equities and commodities.

We target mispriced assets where value will be unlocked through clear catalysts and long-term structural trends (supply/demand imbalances, energy transition, geopolitical shifts, etc.). Positions are typically held from 6 months to several years.

The strategy benefits from strong support by the Group's Investment Committee and cross-asset expertise across the entire LFPI platform.

Role Overview

We are looking for a Assistant Portfolio Manager to play a key role in building and managing the commodities sleeve of our Event Driven portfolio.

You will focus on soft commodities, base/precious metals, energy, and chemicals, generating alpha through fundamental research, catalyst identification, and active trade management in a multi-asset, event-driven framework.

Key Responsibilities

1. Generate investment ideas in commodities through in-depth fundamental research (supply/demand dynamics, inventories, geopolitics, policy, and macro overlays).
2. Build and manage a diversified commodity-oriented portfolio, including access to research platforms and execution.
3. Execute trades efficiently while managing risk and position sizing.
4. Monitor portfolio performance, risk metrics, and catalyst.
5. Track global macroeconomic trends.
6. Contribute actively to Investment Committee discussions.
7. Develop, maintain, and enhance internal models and reporting tools.
8. Collaborate closely with the Event Driven team and leverage LFPI's group-wide expertise.

Requirements

1. Advanced degree (Master's or higher) in Finance, Economics, Engineering, Mathematics, or a related quantitative field.
2. Minimum 5 years of relevant experience in commodities strategy, research, and/or trading. Broad familiarity across multiple commodity sectors (metals, energy, agricultural/softs, chemicals) is essential.
3. Strong proficiency in Excel (advanced modeling), Bloomberg (or equivalent), and recent AI tools.
4. Fluency in English and French is required.
5. Experience in event-driven or multi-strategy hedge fund/asset management environments is highly valued.

Apply

Please send your CV along with a short cover note (maximum half a page) that includes:

- An overview of your relevant commodities experience, and

- One short investment case (example: a current or recent commodity thesis you find compelling, including the catalyst and expected value unlock).

The shortlisted candidates will first be invited to an initial video conference interview. In case of positive feedback, they will then be invited to an in-person meeting with the team in Paris or Geneva.