Investment Officer - Private Equity

Investment Officer - Private Equity | City of New York Jobs

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The New York City Comptroller’s Office works to promote the financial health, integrity, and effectiveness of New York City government, in order to strengthen trust, secure a thriving future for all New Yorkers, and build a more just, equitable, and resilient city. Led by an independently elected citywide official, the comptroller’s office provides checks and balances needed to hold City government accountable for budgeting wisely, investing responsibly, operating efficiently, acting fairly, living up to its obligations and promises, and paying attention to the long-term challenges we face together. The Bureau of Asset Management is responsible for oversight of the investment portfolios of the five New York City pension systems. Through a culture of collaboration, individual development, and teamwork that leverages diverse talent and strives for continuous improvement, the goal of the Bureau of Asset Management is to achieve exceptional investment outcomes for all stakeholders; to deliver outstanding support to plan Trustees; and to serve as a responsible steward of the resources of plan beneficiaries and the City of New York. The Investment Officer will assist in overseeing the investment activity for the Private Equity investment program for the five New York City pension systems. The Investment Officer will report to the DCIO and Head of Private Equity. Under the supervision of the DCIO and Head of Private Equity, responsibilities include, but are not limited to, the following: - Supporting the identification, review and evaluation of prospective investment opportunities; conducting due diligence on investment opportunities; - Performing technical and quantitative analyses of track records and summarizing due diligence findings in investment recommendation memoranda for internal Investment Committee and Boards of Trustees; - Preparing and presenting investment recommendations to internal Investment Committee; - Monitoring and managing the portfolio of existing investments to ensure compliance with the terms of the limited partnership agreement and other contracts and expectations; updating internal database of existing investments; analyzing the performance of existing investments; conducting financial and technical analyses; preparing presentations used in annual implementation and strategic plans; - Reviewing legal documents and assisting the investment team, legal team, and external consultants in negotiating terms and conditions of new investment agreements and other related contracts; - Reviewing and making recommendations on amendment requests, consent notices, and other contract changes; participating in limited partner advisory committee meetings, annual meetings and quarterly update calls; writing investment update reports, brie...