Private Equity Portfolio Manager or Director

What we need

The Private Equity professional will work with the deputy chief investment officer 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. This position will have primary responsibility for overseeing a portion of the plan’s buyout portfolio. Candidates must be capable of fully managing assigned general partner relationships.

What you'll do

• Manage the negotiation of limited partnership agreements, side letters and related partnership documents

• Serve on partnership advisory committees and attend annual meetings

• Evaluate the progress of partnerships, and determine whether a manager is successfully executing the expected investment strategy

• Provide recommendations regarding investment opportunities, including both partnership and “co-invest” investments

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

• Source/foster relationships with potential new general partners

• Mentor/supervise more junior teammates

What you should have

• Bachelor’s degree from an accredited college or university — major in finance, economics or accounting is preferred

• Advanced degree in related field (MBA, Master of Finance, JD, etc.) or certification (CAIA, CFA)

• Three to seven years of directly relevant experience

• Effective communication, analytical and organizational skills

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

• Ability to travel is required

• Strong Microsoft Excel skills and experience with Microsoft Outlook and Word

What you'll get

This is not just a job, but a chance to help thousands of Texans plan for the future. TCDRS offers a competitive salary and excellent benefits with a dynamic work environment in Austin, Texas, overlooking Zilker Park. The title and salary for this position will be dependent on the candidate’s experience level, ranging from $180,000 to $250,000.