San Francisco Employees' Retirement System is looking to fill five senior portfolio manager positions overseeing the $15.3 billion system's investments in fixed income, public equities, real estate, venture capital and private equity.
In a telephone interview, David E. Kushner, the system's deputy director for investments, said the move is part of a restructuring that calls for replacing four generalist senior investment officer positions at SFERS with five professionals who have expertise specific to those asset classes.
At present, only two of those senior investment officer positions are filled.
The two incumbents are eligible to apply for the new openings, but the process for filling all five positions will be a competitive one, with the goal of choosing the best applicant for the job, said Mr. Kushner.
Mr. Kushner declined to set deadlines for applications, saying the positions will remain open until filled, with consideration of specific jobs taken up as a sufficient pool of applications is received. The job descriptions and applications can be found on the San Francisco City and County website.