Job Description

Employer: DWS Group

Title: Investment Manager Infrastructure Investments (m/f/d)

Location: Frankfurt, Germany

About DWS:

At DWS, we’re capturing the opportunities of tomorrow. You can be part of a leading, client-committed, global Asset Manager, making an impact on individuals, communities, and the world.

Join us at DWS, and you can shape our transformation by working side by side with industry thought-leaders and gaining new and diverse perspectives. You can share ideas and be yourself, whilst driving innovative and sustainable solutions that influence markets and behaviours for the better.

Every day brings the opportunity to discover a new now, and here at DWS, you’ll be supported as you overcome challenges and reach your ambitions. This is your chance to lead an extraordinary career and invest in your future.

Read more about DWS and who we are here.

Team / division overview

The role will sit in DWS Infrastructure’s growing European Equity Investment division, which acquires and manages infrastructure assets in the mid-market space. This could range from assets in the energy sector (onshore wind parks, solar projects, battery storages) to digital infrastructure (e.g. datacentres and fibre), transportation-related infrastructure and social infrastructure (e.g. healthcare). The European Equity Investment division has a strong track-record in delivering strong performance through its investments across the wide spectrum of different infrastructure businesses and assets.

DWS Infrastructure has one of the longest track records of performance in the mid-market infrastructure sector.

You will be part of supporting the growing acquisition and asset management activities as DWS Infrastructure’s European Equity Investment business grows.

Role Details

As an Investment Manager, you will be responsible for:

• Managing the appraisal of investment opportunities in the infrastructure sector across Europe and assisting in managing the assets in the funds’ portfolio
• Supporting the due diligence and acquisition process for new investments including liaising with Financial Advisers, Consultants, Lawyers, Accountants and Tax Specialists and other experts, both internally and externally
• Building, reviewing and updating financial models
• Supporting the deal team through the investment committee process during an acquisition process
• Providing investment appraisal and valuation analysis
• Monitoring and reporting performance of portfolio assets

We are looking for

• Previous experience in either Mergers and Acquisitions, Leveraged Finance, Private Equity or Management Consultancy with a focus on investments across sectors such as Infrastructure, Natural Resources, Industrials, and TMT
• Very strong analytical skills including applicable cash flow modelling
• Educated to at least a Bachelor’s degree level or equivalent qualification
• Master’s degree or MBA would be advantageous
• Fluent in German and English
• Strong project management skills

Posting period: 24.06.2026 until further notice

What we’ll offer you:

Without the ambitions of our people, our achievements wouldn’t be possible. And it’s important to us that you enjoy coming to work - feeling healthy, happy and rewarded. At DWS, you’ll have access to a range of benefits which you can choose from to create a personalised plan unique to your lifestyle. Whether you’re interested in healthcare, company perks or are thinking about your retirement plan, there’s something for everyone.

Some of our core benefits:

• Physical and Mental Health Well-Being benefits including (but not limited to) Statutory Health Insurance (BKK), sickness benefit allowance and support helplines for employees
• Family friendly benefits including generous parental leave packages (supporting all variations of family set-ups) and support in finding childcare options including DWS’s own kindergarten service
• A wide selection of pension plans, Personal Budget Accounts to enable sabbaticals or early retirement and capital-forming benefits
• The opportunity to support our CSR strategy which is focused on combatting climate change & achieving greater social justice. You can make donations to our partnered organisations or take part in corporate volunteering opportunities in your local communities by providing on hand support.

DWS’ current Hybrid Working model is designed to find the balance between in-person collaboration & engagement in the office, which is core to our working culture, whilst still remaining focused on supporting our employees with flexibility. We are committed to support flexible and hybrid working agreements across the globe. Depending on the location or role you are applying for, the split between working in the office and at home will be discussed and made clear as part of your application and interview process.

We will continue to review and evolve our working environments and methods to ensure that we are working in the best way possible for our people.

If you require any adjustments or changes to be made to the interview process for any reason including, or related to a disability or long-term health condition, then please contact your recruiter and let us know what assistance you may need. Examples of adjustments include providing a change to the format of the interview or providing assistance when at the DWS office. This will not affect your application and your recruitment team will discuss options with you.

We at DWS are committed to creating a diverse and inclusive workplace, one that embraces dialogue and diverse views, and treats everyone fairly to drive a high-performance culture. The value we create for our clients and investors is based on our ability to bring together various perspectives from all over the world and from different backgrounds. It is our experience that teams perform better and deliver improved outcomes when they are able to incorporate a wide range of perspectives. We call this #ConnectingTheDots.