Director, Private Infrastructure

TIAA • Charlotte, NC

1d

About The Position

As a Director for Private Infrastructure investments your role will be focused on leading deal team due diligence efforts in sourcing, approving and monitoring private fund and joint venture equity investments in transportation, power, digital, social infrastructure, conventional and renewable energy. Additionally, you will support the asset management of existing portfolio holdings including representing Nuveen on the board of portfolio companies and on LPACs. Key Responsibilities and Duties Prepare for and attend sourcing, investment committee presentations, and monitoring & surveillance meetings Act as a deal lead on the due diligence process for new fund investments and co-investment opportunities. Direct deal teams of junior associates and analysts on relevant performance analysis, financial modeling and transaction structuring for co-investment opportunities. Drive legal documentation, negotiation and investment structuring. Source transactions through industry contacts and assess them through the investment funnel to adequately assess portfolio fit and team resource capacity. Perform quantitative and qualitative analysis for investments to share with external clients, internal business partners including portfolio managers, legal, and compliance. Portfolio activities include firm representation at investor board meetings and portfolio management reviews with the portfolio manager and external clients. Will engage in a variety of governance topics including annual budgets, business plans, financing and other capital raising discussions, company staffing needs including compensation, legal and compliance matters Work closely with senior staff in the research and analysis (including financial modeling through the investment life) on various infrastructure and energy related investments including macro and portfolio trends; These investments may include preferred equity and direct equity in energy transition assets (including power and transmission), transportation assets and digital infrastructure investments. Lead the underwriting and analysis for primary GP fund commitments and co-investments Work with internal business partners to ensure all legal, compliance, and accounting requirements are being met Prepare internal memoranda and other materials used to support investment and portfolio recommendations and to communicate with internal constituents and external clients Closely monitor and manage the performance of existing portfolio investments, including regular communication with management teams, investment partners, and financial sponsors Maintain investment performance databases and files Engage with internal and external business partners to stay on top of portfolio activities and drive value creation opportunities and downside protection for the portfolio

Requirements

• 3 + years of institutional private equity investment experience with an emphasis on direct joint ventures, GP fund commitments, and co-investments.
• Prior investment experience with infrastructure assets.
• Demonstrated experience developing and using financial statement analysis and financial modeling.
• Strong knowledge of accounting and finance.
• Excellent verbal and written communication skills.
• Willingness to work hard in a team-oriented, performance-based environment.
• A self-starter that requires limited oversight in the completion of individual projects and managing deadlines.

Nice To Haves

• Bachelor’s degree, MBA or CFA
• 8 + years of institutional private equity investment experience with an emphasis on direct joint ventures, GP fund commitments, and co-investments.
• Proven ability to drive multiple portfolio investment decisions in a time critical, asset oriented environment.
• Knowledgeable in current trends, success factors, industry participants and structure terms across the infrastructure and energy investment markets.

Responsibilities

• Prepare for and attend sourcing, investment committee presentations, and monitoring & surveillance meetings
• Act as a deal lead on the due diligence process for new fund investments and co-investment opportunities.
• Direct deal teams of junior associates and analysts on relevant performance analysis, financial modeling and transaction structuring for co-investment opportunities.
• Drive legal documentation, negotiation and investment structuring.
• Source transactions through industry contacts and assess them through the investment funnel to adequately assess portfolio fit and team resource capacity.
• Perform quantitative and qualitative analysis for investments to share with external clients, internal business partners including portfolio managers, legal, and compliance.
• Portfolio activities include firm representation at investor board meetings and portfolio management reviews with the portfolio manager and external clients.
• Will engage in a variety of governance topics including annual budgets, business plans, financing and other capital raising discussions, company staffing needs including compensation, legal and compliance matters
• Work closely with senior staff in the research and analysis (including financial modeling through the investment life) on various infrastructure and energy related investments including macro and portfolio trends
• Lead the underwriting and analysis for primary GP fund commitments and co-investments
• Work with internal business partners to ensure all legal, compliance, and accounting requirements are being met
• Prepare internal memoranda and other materials used to support investment and portfolio recommendations and to communicate with internal constituents and external clients
• Closely monitor and manage the performance of existing portfolio investments, including regular communication with management teams, investment partners, and financial sponsors
• Maintain investment performance databases and files
• Engage with internal and external business partners to stay on top of portfolio activities and drive value creation opportunities and downside protection for the portfolio

Benefits

• The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of its associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones.
• Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Director