Portfolio Manager

Public School & Education Employee Retirement Systems of Missouri   Saint Louis, MO   Full-time     Finance
Posted on January 5, 2023
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Portfolio Manager

Be a part of the award-winning, world-class investment team at one of the largest institutional investors.
PSRS/PEERS is looking for an organized and motivated investment professional who will use their experience and expertise to help us invest in the private equity and private credit asset classes.


Salary: Approximately $185,000 - $260,000 annually, commensurate with experience and education


Job Type: Full-time with benefits


Location: St. Louis, Missouri



PSRS/PEERS is the largest defined benefit pension plan in Missouri. Our investment program fuels the majority of the funds needed to provide pension benefits for more than 298,000 Missouri public school personnel and their families. The market value of invested assets for PSRS/PEERS is approximately $53.5 billion as of June 30, 2022.


Our 161 employees work out of our headquarters in a recently remodeled/expanded building located at 3210 West Truman Boulevard in Jefferson City. We are now adding a satellite office in St. Louis, Missouri where this position will work out of. We provide state-of-the-art technology and security.


About the Job

As a Portfolio Manager, you will work as part of a deal team to invest in private credit and private equity partnerships. Additionally, you will work on deal teams that invest capital directly in private companies through both equity and debt. You will also monitor a portion of PSRS/PEERS’ $12 billion private equity and private credit portfolios, including more than 500 partnerships/investments. Your work will include intensive research and quantitative and qualitative analyses of potential private investments.


Our Portfolio Manager for Private Markets will interact with external consultants and senior members of private equity and private credit groups. The Portfolio Manager will also lead/actively participate in due-diligence meetings and present recommendations to an internal Investment Committee.


This position reports to our Managing Director of Alternatives. Some overnight travel is required.


Job Requirements

Candidates should have a bachelor’s degree in business administration, accounting, finance, economics, mathematics or a related field. An MBA and/or Chartered Financial Analyst (CFA) is also required, along with at least six years of institutional investment experience.


Benefits of Working for PSRS/PEERS

Our employees enjoy a robust Health Savings Account (HSA) program, vision and dental insurance, and membership in a defined benefit pension plan with lifetime retirement benefits and five-year vesting.


We offer three weeks of paid vacation and three weeks of sick leave per year to start, and 12 paid holidays each year. We also offer paid parental leave.


Tuition assistance is available. Exemplary employees may be selected to participate in our leadership program.


Company-wide events are held both on-site and off-site, and our employee fund coordinates activities and participation in charitable campaigns.


Visit Careers (psrs-peers.org) for more information and to apply. Please upload a resume and cover letter with your application. Application deadline is January 20, 2023.