Vice President

<p>The Texas Permanent School Fund (PSF) is a constitutionally established education endowment with a 150+ year history of supporting Texas public schools. Today, PSF manages more than $60 billion in assets and invests with a long-term perspective to generate sustainable funding for Texas K–12 education. Through a diversified investment portfolio, along with strong operational, legal, financial, and governance functions, PSF serves as a careful steward of public capital. Our work helps secure billions of dollars in school district bonds and supports more than 5 million students across 1,000+ school districts statewide. Guided by principles of fiduciary responsibility, integrity, and service to Texans, PSF plays an enduring role in strengthening public education and investing in Texas’s future.</p> <p><b><u>Job Summary</u> </b></p> <p>You will report to the CIO or DCIO of the Texas Permanent School Fund (TPSF) and be responsible for complex asset management across a portfolio of venture capital fund investments. You will collaborate closely with the Direct and Co‑investment team on follow‑on investments, co‑investments, and direct Venture Capital investments.</p> <p>You will monitor, evaluate, and report on existing investments while assessing potential new Venture Capital opportunities. You will develop and present investment recommendations and manage ongoing manager relationships, ensuring effective and consistent communication with internal and external stakeholders.</p> <p>You will play a key role in portfolio risk management, asset allocation, and continuous process improvement, leveraging data, analytical tools, and industry best practices. You will be accountable for portfolio performance and risk relative to established benchmarks, including oversight of pacing and related cash flows.</p> <p>You will actively participate in investment and risk committee meetings and maintain current market and industry knowledge through continuing education and professional engagement. You will collaborate closely with investment leadership to achieve objectives that generate strong returns and deliver long‑term value to the fund and its stakeholders.</p> <p><b><u>Duties and Responsibilities</u> </b></p> <ul> <li><b>Investment Due Diligence and Evaluation</b><br /> Lead initial and ongoing due diligence of Venture Capital fund investments, including investment manager communications, on‑site interviews, document review, investment analytics, and reporting. Document, evaluate, and present investment processes, findings, and conclusions in support of investment decisions.</li> </ul> <ul> <li><b>Portfolio Monitoring and Risk Management</b><br /> Monitor and evaluate the performance of Venture Capital investments against established objectives and benchmarks. Identify risks, trends, and opportunities within the VC portfolio and recommend actions as appropriate. Define, monitor, and oversee investment management agreements and related schedules. Partner closel...