Private Equity Analyst 


Who we are

At the Texas County & District Retirement System (TCDRS), we help provide more than 320,000 Texans with retirement, disability and survivor benefits. TCDRS is one of the best-funded retirement systems in the nation with nearly $34 billion of assets under management. Although we provide retirement benefits or “pensions” to hard-working Texans, our unique features distinguish us from traditional pension plans and keep us financially strong.

How we’re different

  • We are savings based: Members save for their own retirement over the length of their careers. The TCDRS benefit is based on the total final savings balance and employer matching. 

  • We are responsibly funded: Our employers pay 100% of their required contribution rate each year. This ensures that funds are there when needed. 

  • We offer flexibility and local control: TCDRS is not a one-size-fits-all system. TCDRS employers can choose benefit levels to meet their needs and budgets.

What we need

The Private Equity Analyst will work with TCDRS’ Managing Director-Private Equity, other private equity staff members, and the external consultant to oversee the trust’s private equity and private real estate portfolios. These portfolios consist of a globally diverse set of buyout, venture capital, energy/natural resources and opportunistic real estate partnership investments.  

What you’ll do

  • Create and maintain reports to be used in the due diligence and investment monitoring process 

  • Populate and maintain investment databases 

  • Provide investment managers with insight derived from analytical work performed 

  • Prepare weekly and quarterly reports on manager performance and investment activity 

  • Coordinate and participate in update and introductory meetings with existing and potential managers 

What you should have

  • Bachelor’s degree, preferably in finance, economics or accounting, or equivalent experience

  • One-to-two years of experience in investments is preferred, but will consider recent university graduates 

  • Attainment of or progress towards CPA, CAIA or CFA certification is preferred 

  • Experience with Microsoft Outlook and Word with strong Microsoft Excel skills 

  • Must be able to communicate effectively and work harmoniously in a team environment 

  • Must be able to interact confidently with senior investment and management professionals 

  • Must possess an analytical mind, a good work ethic, and have an interest in investing 

What TCDRS values

TCDRS takes pride in our shared values of integrity, care and anticipation.

  • Integrity means we get satisfaction from doing the right thing. We understand how important the retirement system is to our employers and members. We are responsible and accountable as stewards of our customers’ financial futures.

  • Care means that we educate and empathize with our members as they provide and plan for one of the biggest decisions in a person’s life: retirement. We work to build strong partnerships with our employers, investment managers and stakeholders; and we take care of each other.

  • Anticipation means we don’t just look at what we can do for our members and employers right now — we also think about what we can do for them in the future. Looking ahead requires a critical eye, a curious mind and a willingness to explore creative solutions.

What you’ll get

TCDRS offers a competitive salary and excellent benefits with a dynamic and rewarding work environment in Austin, Texas, overlooking Zilker Park, but this position will be work-from-home until COVID-19 concerns abate. This is not just a job, but a chance to help thousands of Texans plan for the future. 

What to do next

If this sounds like you, submit your resume to InvJobs@tcdrs.org. Please refer to the job title in the subject line of your email.