Investment Officer Private Markets
Apply NowCompany: Public School Retirement System
Location: Jefferson City, MO 65109
Description:
Be a part of the award-winning, world-class investment team at one of the largest institutional investors in the United States. PSRS/PEERS is looking for an organized and motivated investment professional who will use their experience and expertise to help us invest in the private equity and private credit asset classes.
Salary: Approximately $100,000 - $160,000, commensurate with experience and education
Job Type: Full-time with benefits
Location: Either St. Louis or Jefferson City, Missouri
About PSRS/PEERS
PSRS/PEERS is the largest defined benefit pension plan in Missouri. Our investment program fuels most of the funds used to provide pension benefits to more than 300,000 Missouri public school personnel and their families. The market value of invested assets for PSRS/PEERS is approximately $60 billion.
The PSRS/PEERS investment program is well respected and recognized within the industry. Multiple members of the PSRS/PEERS investment team have been named to Institutional Investor's Rising Stars list, and our Chief Investment Officer has been named to Trusted Insight's list of Top Pension Chief Investment Officers. In 2023 and 2024, PSRS/PEERS was named one of the "Best Places to Work in Money Management" by Pensions and Investments magazine.
Our 173 employees work out of two locations - our main office in Jefferson City, Missouri, and a smaller office in St. Louis, Missouri. Our Jefferson City office is located on the city's west side
About the Job
As an Investment Officer in Private Markets, you will collaborate with other members of the Private Markets team to conduct due diligence on and invest in private equity and private credit partnerships and to invest capital directly in private companies through co-investments in equity and direct investments in debt and debt-related securities.
You will also monitor a portion of PSRS/PEERS' $13 billion private equity and private credit portfolios, which include more than 500 partnerships/investments. Your will analyze current performance and cash flows using quantitative and qualitative analyses of potential private investments. You will interact with external consultants and private equity and private credit groups, and you will actively participate in due diligence meetings and prepare materials for an internal Investment Committee.
This position reports to the Senior Portfolio Manager for Private Markets. Overnight travel is required.
Job Requirements
Our ideal candidate has at least a bachelor's degree in business administration, accounting, finance, economics, mathematics, or a related field. MBA and/or Chartered Financial Analyst (CFA) designation preferred. Active participation in the CFA course of study is required, as well as at least four years of institutional investment experience.
Benefits of Working for PSRS/PEERS
Our employees enjoy a robust Health Savings Account (HSA) program; health, vision, and dental insurance; and membership in a defined benefit pension plan with lifetime retirement benefits and five-year vesting.
We offer three weeks of paid vacation and three weeks of sick leave per year to start, and 12 paid holidays each year. We also offer paid parental leave.
Tuition assistance is available. Professional development and ongoing training are encouraged. Exemplary employees may be selected to participate in our leadership program.
Company-wide events are held both on-site and off-site, and our employee fund coordinates activities and participation in charitable campaigns.
More information can be found on PSRS/PEERS career page at www.psrs-peers.org/About-Us/Careers
We are an innovative and results-oriented organization dedicated to the financial security of our members. We take pride in providing exceptional service to both our members and our employer community. We are committed to developing the talents of our staff in an environment of mutual respect, diversity of thought and transparency
Salary: Approximately $100,000 - $160,000, commensurate with experience and education
Job Type: Full-time with benefits
Location: Either St. Louis or Jefferson City, Missouri
About PSRS/PEERS
PSRS/PEERS is the largest defined benefit pension plan in Missouri. Our investment program fuels most of the funds used to provide pension benefits to more than 300,000 Missouri public school personnel and their families. The market value of invested assets for PSRS/PEERS is approximately $60 billion.
The PSRS/PEERS investment program is well respected and recognized within the industry. Multiple members of the PSRS/PEERS investment team have been named to Institutional Investor's Rising Stars list, and our Chief Investment Officer has been named to Trusted Insight's list of Top Pension Chief Investment Officers. In 2023 and 2024, PSRS/PEERS was named one of the "Best Places to Work in Money Management" by Pensions and Investments magazine.
Our 173 employees work out of two locations - our main office in Jefferson City, Missouri, and a smaller office in St. Louis, Missouri. Our Jefferson City office is located on the city's west side
About the Job
As an Investment Officer in Private Markets, you will collaborate with other members of the Private Markets team to conduct due diligence on and invest in private equity and private credit partnerships and to invest capital directly in private companies through co-investments in equity and direct investments in debt and debt-related securities.
You will also monitor a portion of PSRS/PEERS' $13 billion private equity and private credit portfolios, which include more than 500 partnerships/investments. Your will analyze current performance and cash flows using quantitative and qualitative analyses of potential private investments. You will interact with external consultants and private equity and private credit groups, and you will actively participate in due diligence meetings and prepare materials for an internal Investment Committee.
This position reports to the Senior Portfolio Manager for Private Markets. Overnight travel is required.
Job Requirements
Our ideal candidate has at least a bachelor's degree in business administration, accounting, finance, economics, mathematics, or a related field. MBA and/or Chartered Financial Analyst (CFA) designation preferred. Active participation in the CFA course of study is required, as well as at least four years of institutional investment experience.
Benefits of Working for PSRS/PEERS
Our employees enjoy a robust Health Savings Account (HSA) program; health, vision, and dental insurance; and membership in a defined benefit pension plan with lifetime retirement benefits and five-year vesting.
We offer three weeks of paid vacation and three weeks of sick leave per year to start, and 12 paid holidays each year. We also offer paid parental leave.
Tuition assistance is available. Professional development and ongoing training are encouraged. Exemplary employees may be selected to participate in our leadership program.
Company-wide events are held both on-site and off-site, and our employee fund coordinates activities and participation in charitable campaigns.
More information can be found on PSRS/PEERS career page at www.psrs-peers.org/About-Us/Careers
We are an innovative and results-oriented organization dedicated to the financial security of our members. We take pride in providing exceptional service to both our members and our employer community. We are committed to developing the talents of our staff in an environment of mutual respect, diversity of thought and transparency