Private Markets Assistant Portfolio Manager
About The Position
The New York State Insurance Fund (NYSIF), with over $20 billion of assets under management, is seeking an experienced private markets investment professional to execute investment opportunities in its growing, internally managed private markets portfolio. Salary will be commensurate with experience. Responsibilities include, but are not limited to: Design and lead the diligence process for potential investments in private markets, including private equity, private credit and real assets. Assist in sourcing and screening investment opportunities. Develop analytical and forecasting models. Prepare investment memos and create PowerPoint presentations related to investment recommendations, portfolio performance, and market updates. Conduct market research to stay informed about market trends, economic conditions, and regulatory changes impacting private markets. Build and maintain relationships with external consultants, general partners, limited partners, and other stakeholders. Mentor and guide junior team members, fostering a collaborative and high-performance culture. Support leadership on ad hoc projects related to strategy development, asset allocation and market studies. Perform other duties and responsibilities as assigned by management.
Requirements
- A minimum of seven years of experience in sourcing and evaluating primary and/or secondary private market comingled fund opportunities.
- Demonstrated high level of integrity and ethical standards in investment practices.
- Advanced proficiency in Excel for developing M&A and fund cash flow models to facilitate analysis and forecasting.
Nice To Haves
- Excellent leadership and team management abilities.
- Strong analytical and quantitative skills, with ability to interpret complex financial data.
- Strong communication skills and attention to detail.
- Familiarity with industry financial tools such as Bloomberg, CapitalIQ, eFront, Pitchbook, MSCI - Private Capital Private i, and others.
- Preference may be given to candidates who have obtained their MBA, Chartered Financial Analyst (CFA), or Chartered Alternative Investment Analyst (CAIA) credential.
Responsibilities
- Design and lead the diligence process for potential investments in private markets, including private equity, private credit and real assets.
- Assist in sourcing and screening investment opportunities.
- Develop analytical and forecasting models.
- Prepare investment memos and create PowerPoint presentations related to investment recommendations, portfolio performance, and market updates.
- Conduct market research to stay informed about market trends, economic conditions, and regulatory changes impacting private markets.
- Build and maintain relationships with external consultants, general partners, limited partners, and other stakeholders.
- Mentor and guide junior team members, fostering a collaborative and high-performance culture.
- Support leadership on ad hoc projects related to strategy development, asset allocation and market studies.
- Perform other duties and responsibilities as assigned by management.
Benefits
- Competitive Compensation
- Future Career Growth Potential
- Open and Supportive Team-Based Environment
- Plentiful Vacation, Personal, and Sick Leave Accruals
- Paid State and Federal Holidays
- Full Medical, Vision, and Dental
- Retirement Options
- Public Student Loan Forgiveness (PSLF)
- Possibility of Telecommuting, Flextime, and Alternative Work Schedules
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Industry
Executive, Legislative, and Other General Government Support
Education Level
No Education Listed
Number of Employees
251-500 employees
