Private Equity Senior Analyst

Teacher Retirement System of Texas (TRS)•Austin, TX

8h•Onsite

About The Position

With the Investment Management Division (IMD) you will be joining a diverse group of achievers who celebrate the unique value individuals bring to support our shared cause: earning trust and contributing to the financial future of 2 million public education employees and retirees throughout Texas. Navigating the current market environment takes innovation and we’re passionate about stewarding the right investments to make an impact both in the lives of our members and all Texans. We invite you to partner with the best financial minds in the business to manage a global portfolio of over $225 billion in public and private investments. Our success starts with you. The ideal candidate for this role is intellectually curious, capable of analyzing complex data to identify risks and opportunities, and able to thrive in a fast-paced, collaborative team environment. This individual is motivated to contribute to and enhance the team’s investment approach through thoughtful analysis and innovation. Responsibilities include conducting due diligence on potential private equity investment opportunities and supporting the ongoing monitoring and reporting of the investment portfolio. The role offers significant latitude for initiative and independent judgment. The Senior Analyst will work proactively with the Private Equity Team and IMD staff and will report directly to a Private Equity Director.

Requirements

Bachelor’s degree from an accredited college or university in business administration, finance, accounting, engineering, math, sciences, information technology, liberal arts or a related area.
One (1) year of full‑time experience in professional private equity investment activities involving a high degree of skill in data analysis, financial modeling, and investment evaluation, such as investment banking, consulting, or corporate development or related experience.
A Master's degree in a related area may substitute for one (1) year of experience.
Knowledge of: Private equity valuation metrics and markets.
Knowledge of: Investment concepts, terminology, styles, models, strategies, and fundamental investment factors.
Knowledge of: Statistical concepts, methods, and models and their application to investments.
Knowledge of: Corporate valuation metrics and techniques.
Skills in: Financial modeling and valuation analysis.
Skills in: Using a computer in a Windows environment with word processing, spreadsheet, presentation, database, and other business software to prepare correspondence, spreadsheets, charts, reports and presentations.
Skills in: Conducting data searches and evaluations of large amounts of information, performing complex statistical analysis of the data, and preparing concise and accurate reports and written/oral recommendations.
Skills in: Planning, organizing, and prioritizing work assignments to manage a high-volume workload in a fast-paced and changing environment, and in completing detailed work with a high degree of accuracy.
Skills in: Verbal and written communication of complex information that is accurate, timely, and based on sound judgment.
Ability to: Establish and maintain harmonious working relationships with co-workers, agency staff, and external contacts.
Ability to: Work effectively in a professional team environment.
Ability to: Travel for business purposes.

Nice To Haves

Bachelor’s degree from an accredited college or university in business administration, finance, accounting, engineering, math, sciences, information technology, liberal arts or a related area.
One (1) to two (2) years of full-time professional PE investment experience or other relevant experience involving a high degree of skill in data analysis, financial modeling, and investment evaluation, such as private equity, investment banking, consulting, corporate development, or similar background.

Responsibilities

Perform due diligence and investment analysis to support evaluation of co-investments across multiple sectors and geographies, with a smaller portion of time spent evaluating fund investments.
Evaluate the overall merits, risks, valuation, return profiles, and terms of Private Equity and Venture Capital transactions alongside investment partners, including but not limited to reviewing detailed company information, conducting in-depth industry analysis, completing reference checks, building complex financial (LBO) models, and performing valuation analyses (comparable and DCF) to assess overall transaction attractiveness.
Communicate analysis of investment opportunities, results, and recommendations with the relevant team members and/or senior team via verbal and written reports and presentations, including preparing qualitative and quantitative reports, memoranda, and spreadsheets.
Consult or coordinate with team members, analysts, investment\accounting, legal counsel, custodian, and third-party advisors and consultants.
Evaluate portfolio diversification by geography, sector type, and investment style.
Assist with the development, monitoring, and reporting of diverse portfolio investments.
Prepare reports related to performance, risk and other ad-hoc topics related to the PE portfolio.
Develop and maintain professional relationships and contacts within the investment industry in order to conduct research and gain knowledge of appropriate investment opportunities.
Utilize TRS portfolio management systems such as DealCloud and PowerBI.