New York City Retirement Systems is looking for a senior investment officer for hedge funds, said a job posting on the website of city Comptroller Scott Stringer, the fiduciary for the five pension funds that make up the $162.9 billion retirement system.
The senior investment officer “will assist in the oversight of investment-related activities and development of the hedge funds investment program,” which now has assets of $3 billion, said the job posting.
The senior investment officer will work in the bureau of asset management in the comptroller's office and report to Neil Messing, the bureau's head of hedge funds.
The senior investment officer's duties include identifying, reviewing and evaluating prospective investment opportunities “across all hedge fund strategies,” the posting said. The duties also include assisting with hedge fund manager searches and selection.
The posting didn't set a timetable for selection, and didn't say whether the position is new. Eric Sumberg, a spokesman for Mr. Stringer, did not provide additional information by press time.
