The Maryland State Retirement and Pension System is seeking an exceptional individual to serve as Senior Portfolio Manager in its Investment Division. The Senior Portfolio Manager reports directly to the Managing Director of Private Equity, who is responsible for managing the $13.7 billion Private Equity portfolio.
The Maryland State Retirement and Pension System (System) administers survivor, disability and retirement benefits on behalf of almost 414,000 members. These include active and former State employees, teachers, State police, judges and law enforcement. Our mission is to ensure that sufficient assets are available to fund the benefits when due, and to provide a fully-funded retirement system that is affordable to all participating employers and provides guaranteed adequate disability, survivor and retirement benefits to our members.
The Investment Division is a 47-member team within the System that is responsible for implementing and managing the defined benefit investment program. The team manages investments internally and partners with external firms to manage a globally diversified portfolio that includes public equity, fixed income, credit, absolute return, real assets and private equity. Total plan assets were $64.4 billion as of 3/31/23.