Investment Officer – Direct Investments - TOIGO Foundation : Job Details

Investment Officer – Direct Investments

TOIGO Foundation

Job Location : all cities,CA, USA

Posted on : 2024-11-11T17:15:36Z

Job Description :

The Investment Officer II position is eligible for incentive compensation and has a maximum incentive opportunity of 10% of base salary.

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, growth equity, 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 opportunities for 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 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!

Under the general direction of the Portfolio Manager, the Investment Officer II – Direct Investments is responsible for performing the full range of duties associated with co-investment underwriting and portfolio management for the private equity industry. This position will be responsible for supporting efforts to assist in the management and monitoring of a portfolio of private equity co-investments (primary and secondary) in the U.S. and internationally.

The ideal candidate will possess the following skills:

  • Undergraduate degree or possession of an advanced degree in finance, accounting, economics, mathematics, or other similar fields
  • Knowledge of investment principles
  • Experience in underwriting, investment due diligence and writing investment recommendation memos
  • Strong understanding of financial statements and accounting concepts
  • Strong financial modeling, portfolio analytics and presentation skills
  • Excellent written and verbal communication skills
  • Experience in interaction with external management consultants, advisors, and/or legal experts
  • Team player with a strong work ethic, high integrity, and desire to learn
  • CFA designation or other professional certification such as CAIA
  • Duties will be adjusted at the Investment Officer I level.
  • This position is not eligible for visa sponsorship. Applicants must be authorized to work in the US without the need for visa sponsorship by the start date of employment with CalSTRS.

    Work Location: This is a hybrid position, which entails working in-office in San Francisco, CA two days a week and at CalSTRS Headquarters in West Sacramento, as needed, with travel expenses reimbursed.

    The San Francisco office, situated at 44 Montgomery Street in the heart of the San Francisco Financial District, is easily accessible from Montgomery BART and Muni stations, the San Francisco Ferry Building, and is bike-friendly.

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