Private Equity Associate Investment Manager

CalPERS
AssociatePrivate EquityFull-time
Location

Sacramento, United States

Compensation

$131,250 – $218,750/year (plus annual and long-term incentive up to 60% of base)

Date Posted

May 28, 2026

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About This Role

CalPERS – Private Equity Associate Investment Manager

CalPERS (California Public Employees' Retirement System) is the nation's largest public pension fund, with approximately $631.60 billion in assets under management. As a global institutional investor, CalPERS actively manages a diversified PE program.

Compensation

- Base salary: $131,250 – $218,750/year

- Annual incentive: 0–60% of salary

- Long-term incentive: 0–60% of base salary (commences after 5 years, subject to total fund return thresholds)

Position Details

- Permanent, full-time position

- Work location: Sacramento County

- Hybrid telework arrangement

Location: Sacramento, CA

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