Portfolio Manager, Private Equity - JR27446-3800

University of Chicago - Chicago, IL

Full-time

Chicago, IL

Educational Services

About the position

The University of Chicago's Investment Office is seeking a Portfolio Manager to join their investment team. This role involves analyzing and recommending investment managers and strategies that align with the long-term investment objectives of the University. The Portfolio Manager will play a crucial role in managing investment portfolios, conducting due diligence, and ensuring the financial foundation of the institution is robust for future generations.

Responsibilities

• Develops and implements a long-term global investment strategy.
• Primarily responsible for managing assigned investment portfolios.
• Identifies compelling investment opportunities, completing due diligence, managing the review of legal documents and negotiating terms, and monitoring results.
• Monitors and manages relationships with existing external investment managers, researching broad investment trends, and evaluating and selecting new external managers.
• Manages the diversification of portfolio by asset class, partnerships, manager style, industry, vintage year, life cycle, and geography.
• Forecasts allocations based on investment activity and directs the pace of future investing.
• Prepares and delivers verbal and written presentations to the CIO and internal committees.
• Reviews and confirms the work completed by others.
• Assists in building the team’s reputation for professional excellence and credibility both inside the University of Chicago and throughout the investment management community.
• Works mostly independently to develop the Investment Policy Statement to achieve the University’s goals.
• Collaborates with asset class specialists and risk management team to develop overall goals and strategy for the University investment funds.
• Tailors the strategy to the appropriate risk tolerance and liquidity needs for the University endowment and other investment funds.
• Uses a deep understanding of financial management to assess all asset classes and investments to provide a unique overall perspective across the staff’s investment strategies.
• Performs other related work as needed.

Requirements

• Minimum of a college or university degree in a related field.
• 5-7 years of work experience in a related job discipline.

Nice-to-haves

• MBA or advanced degree in finance, economics, or related field.
• A proven investor with a minimum of 5-7 years of relevant experience working as a direct investor, or manager of managers in an institutional, family office or plan sponsor workplace.
• Experience investing globally is highly valued.
• Experience constructing and executing investment and asset allocation strategies across a broad portfolio managed by a team.
• Ability to identify and manage risk within a portfolio.
• Chartered Financial Analyst (CFA) designation.
• Superior analytical skills and a proven track record of incorporating quantitative and qualitative inputs; ability to think strategically, analyze critically, and synthesize and effectively communicate complex strategies.