The New York City Retirement Systems is seeking a senior investment officer for private equity, said a job notice posted on the website of New York City Comptroller Scott Stringer, the fiduciary for the $163.4 billion retirement system.
The senior investment officer will work in the comptroller’s bureau of asset management; and the duties include identifying, reviewing and evaluating investment opportunities, said the posting on the website. The senior investment officer also will manage and monitor the portfolios of existing private equity investments “to ensure compliance with the terms of the limited partnership agreements and other contracts,” the website said.
The senior investment officer will report to Alex Done, head of private equity in the bureau of asset management.
The five pension funds that comprise the retirement system have an aggregate $10.5 billion in private equity, the website said.
The website also contains notices for two other jobs in the bureau of asset management — an investment officer for private equity and an investment officer for opportunistic fixed income. The retirement system has an approximate $8 billion target allocation for opportunistic fixed income, but it didn’t provide information on the current amount.
Timetables for hiring decisions were not provided.
Information on the job postings is available on the comptroller’s website.
John McKay, a spokesman for Mr. Stringer, could not be reached by press time.