Investment Manager, Public Employees' Retirement

2 weeks ago


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

Our Real Assets (RA) Team is currently seeking an Investment Manager (IM) who will assist in the management of the CalPERS RA portfolio in implementing RA’s Strategic Plan. The incumbent will be responsible for sourcing and underwriting new investment opportunities, managing assigned portfolios, and ensuring appropriate processes, controls, systems, and risk management are in place within their area of responsibility to enable investment performance and assure control of operations.

Duties include but are not limited to:

- Contribute to the implementation of the RA Strategic Plan by researching and conducting investment analysis, oversight work, and making recommendations to the RA Associate Investment Manager. This may include but is not limited to the sourcing and underwriting of new investment opportunities, including new partnerships (e.g., commingled funds or separately managed accounts) and single assets and/or platforms (direct investments, co-investments, or investments falling outside partners’ delegated authorities).
- Perform asset management duties for assigned partnerships and assets. Use various investment reports and platforms to monitor portfolio activity and performance to ensure fluency and knowledge of the assigned managers, portfolios, assets, markets, and operating agreements.

**Telework Information**: This position is eligible for hybrid work schedule, with up to two days of remote work and three days or more onsite, per week.
- How did you hear about this position? Tell us in this brief survey.
- 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 MANAGER, PUBLIC EMPLOYEES' RETIREMENT SYSTEM

Additional Documents
- Job Application Package Checklist
- Duty Statement

Position Details

**Job Code #**:

- JC-437436
- **Position #(s)**:

- 275-640-4637-007
- **Working Title**:
**Real Estate Investment Manager - Real Assets**

**Classification**:

- INVESTMENT MANAGER, PUBLIC EMPLOYEES' RETIREMENT SYSTEM
$15,250.00 - $25,416.67

This position is eligible for annual and long-term incentive awards. The annual incentive opportunity is 0-75% of salary and is based on the level of achievement against several quantitative and qualitative measures. The long-term incentive program provides an additional opportunity of 50-75% of base salary beginning after five years and when absolute total fund returns meet or exceed board-approved thresholds.
- **# 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 $502.44 billion as of June 14, 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

**Recruitment Process**
- **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: Until Filled
- **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-JC-437436/TV
-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-437436/TV
-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.

Desira



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