Investment Officer III - Private Equity
The CalSTRS Investments Branch is seeking an experienced individual to work as an Investment Officer III on the Private Equity team.
Established in 1988, CalSTRS Private Equity program invests globally in partnerships, separate accounts, general partner interests, secondary interests and co-investments. Investments include buyouts, equity expansion, debt-related and venture capital. External advisors support the program by providing investment selection advice, research and gate-keeping services.
Private Equity is a fast-paced, team-oriented environment with opportunities for training and advancement. While collaborating with some of the best general partners, advisors, consultants and attorneys, you will contribute to the success of one of the largest Private Equity programs in the world. Team members will collaborate with the broader CalSTRS Investment Office and engage in projects ranging from evaluation of co-investments, secondary transactions, and other private equity investment strategies.
Come join the Private Equity team as we work toward our goal of enhancing equity returns and ultimately ensuring retirement benefits for California’s educators!
Responsibilities of the Investment Officer III include:
- Coordinating with investment officers in the analysis, due diligence and sourcing of top tier relationships in the global private equity market.
- Providing program support and oversight for the management of the private equity portfolio.
- Providing analytical support to the portfolio managers, prepare plans and strategies for portfolio development.
- Monitoring the total portfolio with careful scrutiny of fiduciary standards, performance measurement and policy compliance for a variety of investments such as fund investments, secondary market transactions, co-investments and others.
This position is eligible for incentive compensation and has a maximum incentive opportunity of 15% of base salary.
An Investment Officer III who possesses a professional certification as a Chartered Financial Analyst (CFA) may receive a 5% monthly base pay differential.
The ideal candidate will be results oriented with proven knowledge and experience in underwriting, investment due diligence and investment recommendation.