Investment Officer Ii, Public Employees' Retirement

4 days ago


Sacramento County CA, United States Public Employees Retirement System Full time

Come join the CalPERS Private Equity team as we work toward our goal of enhancing equity returns to ensure retirement benefits to our members. Private Equity is a fast-paced, team oriented environment providing many growth opportunities. We collaborate with noted General Partners from around the globe and you can contribute to the success of the nations largest public pension fund. Our Investment Office, Private Equity (PE) Team is currently seeking an Investment Officer II to be responsible for assisting with the administration of the PE program work and participating in the evaluation of numerous investment opportunities.

Duties include but are not limited to:

- Act as lead to manage and monitor both complex partnership, co-investment and direct investments.
- Establish and maintain relationships with an assigned group of partnerships and/or direct investments to evaluate performance relative to multiple quantitative and qualitative thresholds over the life of the investment.
- Coordinate and monitor the workload assigned for each investment partnership which includes monitoring and training the Investment Officer I or Investment Officer II.
- Lead due diligence for the purpose of considering additional commitments to existing strategic relationships and selected direct investment opportunities.

You will find additional information about the job in the **Duty Statement**.

Minimum Requirements

You will find the Minimum Requirements in the Class Specification.
- INVESTMENT OFFICER II, PUBLIC EMPLOYEES' RETIREMENT SYSTEM

Additional Documents
- Job Application Package Checklist
- Duty Statement

Position Details

**Job Code #**:

- JC-429398
- **Position #(s)**:

- 275-645-4671-025
- **Working Title**:
**Private Equity Investment Officer II**

**Classification**:

- INVESTMENT OFFICER II, PUBLIC EMPLOYEES' RETIREMENT SYSTEM
$7,534.00 - $9,430.00

This position is eligible for an annual incentive award and Charter Financial Analyst (CFA) pay differential. The annual incentive opportunity is 0-10% of salary and is based on the level of achievement against several quantitative and qualitative measures. Permanent full-time employees who possess certification as a CFA may receive a 5% monthly base pay differential.
- **# of Positions**:

- 1
- **Work Location**:

- Sacramento County
- **Telework**:

- Hybrid
- **Job Type**:

- Permanent, Full Time
- Department Information
- California Public Employees’ Retirement System (CalPERS) is a global institutional investor and the nation’s largest public pension fund, with assets of approximately $488.40 billion as of April 29, 2024. Headquartered in downtown Sacramento, we are a destination employer with an international reputation for leadership and innovation. At CalPERS, we’re committed to people - the people we serve, our team members, and the larger community around us. CalPERS is situated near the Napa Valley, San Francisco, Lake Tahoe, and other desirable destinations, and we offer competitive benefit packages, compensation, and opportunities for advancement. Our people are deeply committed to our Mission & Vision and their decisions and actions are guided by our Investment Beliefs.
- To take a look at CalPERS as a destination employer, view this YouTube video.
- Special Requirements

**Minimum Qualifications**
- Please Note: You may need to pass an examination to establish list eligibility prior to any type of job offer. To find and take an exam, visit the CalHR’s CalCareers website.
- Application Instructions

Final Filing Date: 5/30/2024
- **Who May Apply**
Applications will be screened and only the most qualified applicants will be selected to move forward in the selection process. Applicants must meet the Minimum Qualifications stated in the Classification Specification(s).
- **How To Apply**
- **Address for Mailing Application Packages**
Public Employees Retirement System
-Attn: JC-429398/NM
-Human Resources Division, Recruitment
-P. O. Box 942718
-Sacramento, CA 94229-2718

**Address for Drop-Off Application Packages**
Public Employees Retirement System
-HRSD, EIR JC-429398/NM
-400 Q Street, Lincoln Plaza North
-1st floor drop box by security desk
-Sacramento, CA 95811
-08:00 AM - 05:00 PM

**Required Application Package Documents**
- Resume is optional. It may be included, but is not required.

Applicants requiring reasonable accommodations for the hiring interview process must request the necessary accommodations if scheduled for a hiring interview. The request should be made at the time of contact to schedule the interview. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this job posting.

Desirable Qualifications
Three-to-five years’ experience monitoring all aspects of private equity, real estate, hedge fund, loan or other private asset investments. Experience with partnership agreements, amendments, consents, quarterly financial statements, annual financial statements, annual meetings, advisor



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