Investment Officer II, Private Equity
The CalSTRS Investments Branch is seeking an experienced individual to work as an Investment Officer II 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 opportunitiesfor 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 leaders 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 II include:
- Performing the full range of duties associated with the independent review and evaluation of new and follow-on partnerships in a multi-billion-dollar private equity portfolio of active commitments.
- Performing the full range of duties associated with assisting in the management of a portfolio of domestic and international partnerships contained in the private equity portfolio.
- Performing the full range of duties associated with assisting in the management of co-investment and secondary interest segments of the private equity portfolio.
- Assisting in the design, development and effectuation of procedures and guidelines to manage the Private Equity portfolio consistent with the investment strategies, and existing policy and procedures adopted by the CalSTRS’ Investment Committee.
Duties will be adjusted at the Investment Officer I level.
The Investment Officer II is eligible for incentive compensation and has a maximum incentive opportunity of 10% of base salary.
An Investment Officer I or II who possesses a professional certification as a Chartered Financial Analyst (CFA) may receive a 5% monthly base pay differential.