Senior Investment Officer - Private Equity

Senior Investment Officer – Private Equity | City of New York Jobs

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The Office of the New York City Comptroller’s Bureau of Asset Management (BAM) supports the Comptroller in his role as investment advisor, custodian, and trustee for each of the five New York City public pension systems. BAM oversees more than $250 billion dollars in assets under management on behalf of New York City retirement systems, proudly serving nearly 800,000 New York City public servants including teachers, firefighters, police officers, and more. As investment advisor for some of the largest public pension fund systems in the country, BAM due diligences, recommends, and monitors a broadly diversified portfolio of externally managed investments across public equity, public fixed income, private equity, real estate, alternative credit, infrastructure, and hedge funds. Our team invests this portfolio with world-class external fund managers. Our office is a leader in ESG, recognized widely for our corporate governance and asset manager engagement program. Our principle-based ESG philosophy centers around the mitigation of long-term systemic risks posing a threat to our portfolio, including climate risk, labor-relations issues, and more. We promote a healthy work-life balance for employees, operating under a hybrid work program with three in-office days per week. Located in downtown Manhattan, our office is easily accessible from all five boroughs and commuter plans are offered for all employees. We are proud of our large, diverse, and skilled workforce. The systems’ portfolios are managed primarily by external investment managers; only short-term cash is internally managed. The Investment Officer, Cash Management will report to the Head of Short-Term Strategic Portfolio and Trading and will be responsible for the investment of a portion of the $1-6 billion of short-term funds for the New York City retirement systems as well as the investments of a portion of the $12-20 billion invested on behalf of other NYC agencies. The Senior Investment Officer will assist in overseeing the investment activity of the Systems’ private equity fund investments. Under the supervision of the Private Equity Asset Class Head, responsibilities include, but are not limited to, the following: - Leading initiatives to identify, review, and evaluate prospective investment opportunities; conducting due diligence on investment opportunities; updating internal database of prospective investment opportunities; - Developing framework for analyzing the historical track record of prospective investment opportunities and other financial analyses; constructing financial models and performing technical analyses; summarizing the due diligence findings in investment recommendation memoranda for internal Investment Committee and Boards of Trustees; - Preparing and p...