INVESTMENT OFFICER III, PUBLIC EMPLOYEES RETIREMENT SYSTEM

at  Public Employees Retirement System

Come join the CalPERS Private Equity team as we work toward our goal of enhancing equity returns to ensure retirement benefits to our members. Private Equity is a fast-paced, team oriented environment providing many growth opportunities. We collaborate with noted General Partners from around the globe and you can contribute to the success of the nations largest public pension fund.
Our Investment Office, Private Equity (PE) Team is currently seeking an Investment Officer III (IO III) to be responsible for performing duties at the advanced working level and acts as lead for day-to-day coordination, work review, and training of lower level IOs while assisting with the administration of the PE Program as directed and other CalPERS investment staff.

Duties include but are not limited to:

• Act as lead in the negotiation of legal terms governing our investments including those within Limited Partner Agreements and Side Letters.
• Assist the lead Investment Manager (IM) in CPE investing activities such as designing our investment strategy, instituting team processes, and creating shareable materials such as templates, sector libraries, and investing materials using Microsoft Word, Excel, and PowerPoint
• Respond to various ad-hoc requests from CalPERS’ Investment Committee, the Chief Executive Officer, the Chief Investment Officer, and other stakeholders that require analysis and input from the PE Team, as necessary.

Interview Dates: We anticipate interviews to be held one month from the final file date.
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.
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You will find additional information about the job in the Duty Statement.
Minimum Requirements
You will find the Minimum Requirements in the Class Specification.

MINIMUM QUALIFICATIONS

All experience and education relating to the Minimum Qualifications (MQs) listed on the Classification Specification should be included in your application package to clearly demonstrate how you meet the MQs for this position. The Classification Specification is located on this Job Posting under “Minimum Requirements.”
Please Note: You may need to pass an examination to establish list eligibility prior to any type of job offer. To find and take an exam, visit the CalHR’s CalCareers website.
Application Instructions
Completed applications and all required documents must be received or postmarked by the Final Filing Date in order to be considered. Dates printed on Mobile Bar Codes, such as the Quick Response (QR) Codes available at the USPS, are not considered Postmark dates for the purpose of determining timely filing of an application.
Final Filing Date: 6/24/2024

CALPERS DISCLOSURE REQUIREMENTS

If employed, you may be subject to rules imposed by Personal Trading Regulations and Conflict of Interest Code that apply to CalPERS team members, which require disclosure of certain investment information and use of a designated trading platform for securities transactions, as well as filing a Statement of Economic Interest (Form 700)

• Act as lead in the negotiation of legal terms governing our investments including those within Limited Partner Agreements and Side Letters.
• Assist the lead Investment Manager (IM) in CPE investing activities such as designing our investment strategy, instituting team processes, and creating shareable materials such as templates, sector libraries, and investing materials using Microsoft Word, Excel, and PowerPoint
• Respond to various ad-hoc requests from CalPERS’ Investment Committee, the Chief Executive Officer, the Chief Investment Officer, and other stakeholders that require analysis and input from the PE Team, as necessary