Private Debt Associate Investment Manager
5+ years
Sacramento, CA
Full-time
Hybrid
1 month ago
About the role
Position Details
Job Code #: JC-513487
Position #: 275-650-4633-009
Working Title: Private Debt Associate Investment Manager
Classification: ASSOCIATE INVESTMENT MANAGER,PUBLIC EMPLOYEES` RETIREMENT SYSTEM
Salary: $10,937.50 - $18,229.17
This position is eligible for annual and long-term incentive awards. The annual incentive opportunity is 0-60% of salary and is based on the level of achievement against several quantitative and qualitative measures. The long-term incentive program provides an additional opportunity of 0-60% of base salary beginning after five years and when absolute total fund returns meet or exceed board-approved thresholds.
# of Positions: 1
Work Location: Sacramento County
Telework: Hybrid
Job Type: Permanent, Full Time
Job Description And Duties
An executive search firm will be assisting in the recruitment process for this position. Your application package will be forwarded to their team for consideration.
Our Private Debt (PD) Asset Class is currently seeking an Associate Investment Manager (AIM) who will assist in the management of the CalPERS Private Debt Portfolio and Enhanced Return Portfolio. This includes actively contributing to the implementation of the strategy, as an active member of deal teams and project teams. The AIM will maintain a positive team management approach while demonstrating CalPERS’ Core Values of Quality, Respect, Integrity, Openness, Accountability, and Balance in accordance with personal work ethic in alignment with CalPERS Investment Beliefs.
Duties Include But Are Not Limited To:
Telework Information: This position is eligible for a hybrid work schedule, with up to two days of remote work and three days or more onsite, per week.
Sponsorship: CalPERS does not participate in E-verify for employment authorization purposes.
This position will run until filled with cutoff dates for review with the first cutoff date April 5, 2026 followed by every Sunday until filled.
Final Filing Date: Until Filled
Job Code #: JC-513487
Position #: 275-650-4633-009
Working Title: Private Debt Associate Investment Manager
Classification: ASSOCIATE INVESTMENT MANAGER,PUBLIC EMPLOYEES` RETIREMENT SYSTEM
Salary: $10,937.50 - $18,229.17
This position is eligible for annual and long-term incentive awards. The annual incentive opportunity is 0-60% of salary and is based on the level of achievement against several quantitative and qualitative measures. The long-term incentive program provides an additional opportunity of 0-60% of base salary beginning after five years and when absolute total fund returns meet or exceed board-approved thresholds.
# of Positions: 1
Work Location: Sacramento County
Telework: Hybrid
Job Type: Permanent, Full Time
Job Description And Duties
An executive search firm will be assisting in the recruitment process for this position. Your application package will be forwarded to their team for consideration.
Our Private Debt (PD) Asset Class is currently seeking an Associate Investment Manager (AIM) who will assist in the management of the CalPERS Private Debt Portfolio and Enhanced Return Portfolio. This includes actively contributing to the implementation of the strategy, as an active member of deal teams and project teams. The AIM will maintain a positive team management approach while demonstrating CalPERS’ Core Values of Quality, Respect, Integrity, Openness, Accountability, and Balance in accordance with personal work ethic in alignment with CalPERS Investment Beliefs.
Duties Include But Are Not Limited To:
- Evaluate and underwrite investments.
- Conduct due diligence, perform analyses, identify risk factors, negotiate terms and conditions and review contractual documentation.
- Use market-leading sources of investment information, technology systems and platforms as well as quantitative tools and programming languages.
- Lead and conduct market research and in-depth analyses on private debt industry trends and opportunities.
Telework Information: This position is eligible for a hybrid work schedule, with up to two days of remote work and three days or more onsite, per week.
Sponsorship: CalPERS does not participate in E-verify for employment authorization purposes.
This position will run until filled with cutoff dates for review with the first cutoff date April 5, 2026 followed by every Sunday until filled.
Final Filing Date: Until Filled
Skills
Government AdministrationFinance