Florida State Board of Administration, Tallahassee, is searching for a portfolio manager for real estate to replace Lynn Gray, who was promoted.
The board, which oversees $149.7 billion in assets, including $8.5 billion in real estate, could hire at the portfolio manager level or the senior portfolio manager level, depending on the experience and expertise of the selected candidate, John Kuczwanski, communications manager, said in an e-mail.
Ms. Gray was named senior portfolio manager-principal investments in real estate on Dec. 1. In the principal investments, the real estate assets are directly owned and internally managed. They total $4.3 billion in assets.
Ms. Gray replaced Steve Spook, who was named senior investment officer in real estate in November, replacing Doug Bennett, who retired in June.
Qualifications for senior portfolio manager include five years experience in equity, lending, joint ventures, pooled funds, valuation, brokerage, leasing or property management of commercial real estate; or a master's degree with three years of related professional experience, including two years at the supervisory level.
Applications for the opening are due Jan. 9 to Dorothy Melton, human resources manager, by e-mail at [email protected], or by mail to Ms. Melton at 1801 Hermitage Blvd., Tallahassee, FL 32308.
FSBA expects to fill the position in the next two months, Mr. Kuczwanski said in the e-mail.