San Francisco Employees' Retirement System is searching for a deputy division director to oversee the $14.9 billion defined benefit plan's private market investments.
The selected applicant will work with David E. Kushner, deputy director for investments and chief investment officer, to oversee day-to-day operations of the alternative investment — primarily private equity — and real estate segments of the system.
Donald Holcher, who previously oversaw San Francisco's private markets investments, retired in December.
The deputy division director “will be responsible for assessing current policies (including asset allocation), making recommendations to change existing structures and investments, and initiating new approaches” for the fund's alternatives and real estate allocations, according to a listing on the system's website.
Mr. Kushner said candidates should refer to the following link, www.jobaps.com/sf/sup/BulPreview.asp?R1=PEX&R2=0943&R3=057311 for instructions on applying for the position. Applications are due Feb. 18. No selection date is listed.