Head of Responsible Investment

Company Overview

Fengate Asset Management is a leading alternative investment manager focused on infrastructure, private equity, and real estate strategies. Founded in 1974 in Hamilton, Ontario, and with over 250 team members across Canada and the U.S., Fengate is one of the most active real asset and growth equity investors in North America. The firm currently manages over C$10 billion in capital commitments in support of more than C$40 billion in gross asset value, on behalf of over 60 institutional investors across North America, Europe, and Asia.

Company Overview

Fengate Asset Management is a leading alternative investment manager focused on infrastructure, private equity, and real estate strategies. Founded in 1974 in Hamilton, Ontario, and with over 250 team members across Canada and the U.S., Fengate is one of the most active real asset and growth equity investors in North America. The firm currently manages over C$10 billion in capital commitments in support of more than C$40 billion in gross asset value, on behalf of over 60 institutional investors across North America, Europe, and Asia. The firm believes that acting responsibly to its stakeholders and communities is fundamental. Fengate is a signatory of both the Institutional Limited Partners Association (ILPA) Diversity in Action initiative and the United Nations-supported Principles for Responsible Investment, integrating environmental, social and governance (ESG) principles into all stages of the firm's investment process. In 2021, Fengate established its ESG Committee and its EBID (Equity, Belonging, Inclusion and Diversity) Think Tank, consisting of leaders and employees of all backgrounds and levels throughout the firm, to advance and govern the ESG and EBID objectives. Fengate has achieved Platinum Club member status as one of Canada's Best Managed Companies, retaining this designation since 2007, and has been certified as a Great Place to Work®. Over the past year, Fengate was named one of Canada's Best Workplaces™ (#4 for companies with 100-999 employees) and as a Best Workplace™ for Financial Services & Insurance, Inclusion, Women, Today's Youth, Mental Wellness, Giving Back, and Most Trusted Executive Teams. The firm has also been recognized with Waterstone Human Capital's 2022 Most Admired Corporate Cultures™ award. This program recognizes best-in-class organizations for having cultures that have helped them enhance performance and sustain a competitive advantage. Only 50 organizations are awarded this prestigious corporate culture award each year.

The Opportunity

Fengate is looking for an experienced Responsible Investment professional to lead the development, implementation and continuous evolution of Fengate's responsible investment framework. Working across investment teams and corporate functions, the role integrates responsible investment considerations into investment processes, governance, stakeholder engagement, reporting and value creation initiatives while helping the firm respond to evolving investor, regulatory and market expectations. Reporting to a member of Fengate's Executive Leadership Team, this position will play a strategic role in executing Fengate's strategy, with a particular focus on sustainability and responsible labor (working closely with the Head of Government and Labor Relations). The preferred office location is Houston, Miami or Toronto.

Key Responsibilities

Responsible Investment Strategy and Governance

• Lead the continued development and implementation of Fengate's responsible investment strategy in partnership with business lines and support functions.
• Monitor market developments, investor expectations and evolving responsible investment practices, and recommend changes to strategy, priorities and implementation plans.
• Lead Fengate's social impact strategy that connects employee equity and inclusion initiatives with broader community engagement and social procurement programming.

Responsible Investment Integration

• Partner with investment teams to identify and evaluate material sustainability risks and opportunities throughout origination, due diligence, investment approval, ownership, and portfolio monitoring.
• Assess how material sustainability considerations may affect investment risk, value creation, and financial performance and provide recommendations for investment committee materials and other forums.
• Strengthen the data, analytics, methodologies, and tools used to support investment decisions, performance monitoring, and reporting.
• Lead ESG data collection, review, and quality assurance processes to ensure accurate and reliable reporting, with focus on carbon accounting and quantification of scope 1, 2 and 3 operating emissions under GHG Protocol and PCAF methodologies.
• Lead responsible investment reporting in accordance with relevant regulations and standards including but not limited to SFDR, TCFD/ISSB, GRESB, UNPRI, GRI, and EDCI.
• Evaluate, quantify, and present business cases for sustainability, energy efficiency, and decarbonization projects. Analyze capital expenditure requirements, operating impacts, energy savings, payback periods, IRR, and other financial metrics to support investment and asset management decisions.

Investor, Regulatory and Fundraising Support

• Develop responsible investment content for investor reporting, fundraising presentations, due diligence questionnaires, requests for proposals and other stakeholder communications.
• Create tailored disclosure and operational roadmaps that respond to expectations from investors, regulators, and other stakeholders.
• Partner with Investor Relations, investment teams, Legal and Compliance to prepare presentations, reports, briefing materials and supporting documentation.
• Support fundraising by clearly articulating Fengate's approach to sustainability, responsible labour and responsible investment.

Responsible Investment Advisory and Thought Leadership

• Serve as Fengate's subject matter expert on responsible investment, providing strategic guidance to investment teams, portfolio companies, senior leadership and other stakeholders on emerging risks, opportunities and industry developments.
• Promote consistent practices, knowledge sharing, and accountability across investment and corporate functions.
• Build productive relationships with industry bodies, investment partners, advisers and other external stakeholders, and represent Fengate in appropriate industry forums.

Qualifications And Experience

• 5+ years of experience in responsible investment, ESG, sustainability, asset management, or private markets.
• Strong understanding of building systems, infrastructure assets, energy management, decarbonization strategies, and sustainability value-creation initiatives.
• Knowledge of responsible investment standards and reporting frameworks relevant to private markets, including infrastructure, private equity, and real estate.
• Ability to influence decisions and build alignment across investment teams, corporate functions, senior leadership and external stakeholders.
• Degree in business, finance, economics, sustainability, engineering, environmental studies, or a related discipline.
• CPA, CFA, LEED AP, P.Eng., or similar credentials are considered an asset.

Fengate is an equal opportunity employer, we strive to attract and retain a diverse workforce and are committed to promoting diversity, equity, inclusion, and belonging in the workplace. It is a core priority at Fengate to create, operate with, and continuously grow and sustain an inclusive culture that respects and connects the diversity of our team, our clients, our partners, and the communities we work in.

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