Senior Investment Associate Private Investments

Job Summary

Children's Hospital of Philadelphia (CHOP) is the nation's first hospital devoted exclusively to the care of children. Since our start in 1855, CHOP has been the birthplace for countless breakthroughs and dramatic firsts in pediatric medicine. Built on a foundation of delivering safe, high-quality, family-centered care, the Hospital has fostered medical discoveries and innovations that have improved pediatric healthcare and saved countless children’s lives. Today, families facing complex conditions come to CHOP from all over the world, and our compassionate care and innovation has repeatedly earned us a spot on the U.S. News & World Report's Honor Roll of the nation's best children's hospitals.
 
CHOP is looking for a Senior Investment Associate to join the Investment Office. Responsible for managing the Hospital’s approximately $4 billion endowment, the Investment Office is comprised of a small team that has a large impact on CHOP’s long-term mission. The Senior Investment Associate would be primarily responsible for supporting the team’s private investment efforts, but will also have a broader impact by recruiting and mentoring talent, conducting in-depth market research, and assisting in portfolio management decisions.        
 

Job Responsibilities

Support the work of the VP, Private Investments to: 

• Provide independent, rigorous decision-making across the Private Investments portfolio (Private Equity and Real Assets).
• Monitor existing Private Investments via periodic update meetings and calls with managers, reviewing performance reports, quarterly letters and all other manager correspondence.
• Process any requested consents as appropriate.
• Evaluate re-investment opportunities with existing managers.
• Source and evaluate prospective investments with new top tier managers. 

Portfolio Management 

• Assist in monitoring and continuously re-underwriting exposures and maintaining close relationships and communication with existing managers.
• Track and maintain the ongoing pipeline of prospective managers.
• Analyze portfolio performance, risk factors & exposures, and cash flow projections in these categories.
• Conduct comprehensive research and assessment of valuations and trends in Private Investments.
• Engage with managers about their Diversity, Equity and Inclusion profiles and initiatives.
• Work with the team to prepare for Committee and Board meetings as needed.

People Management 

• Participate in recruiting and marketing.
• Mentor and train more junior investment personnel.

Required Education & Experience

• Bachelor's degree
• At least five (5) years of experience in evaluating investment opportunities in Private Markets at a high-performance investment organization

Preferred Education, Experience, & Certifications

• Master's degree
• Investment management experience at a $2 billion plus Endowment, Foundation, or Family Office
• CFA, CAIA, or other investment accreditation