California Public Employees’ Retirement System (CalPERS) is a global institutional investor and the nation’s largest public pension fund, with assets of approximately $465.95 billion as of November 29, 2023. Headquartered in downtown Sacramento, we are a destination employer with an international reputation for leadership and innovation. At CalPERS, we’re committed to people – the people we serve, our team members, and the larger community around us. CalPERS is situated near the Napa Valley, San Francisco, Lake Tahoe, and other desirable destinations, and we offer competitive benefit packages, compensation, and opportunities for advancement. Our people are deeply committed to our Mission & Vision and their decisions and actions are guided by our Investment Beliefs.
Under the direction of the Investment Director (ID), the Investment Manager (IM) will support the ID and have shared responsibility for the sustainable investment portfolio, implementing the governance structure to support the investment, and portfolio management functions. For the Sustainable Investments function, the IM will be both an investor using an allocation to the SI unit (primarily for investments in Private Equity funds and co-investments with such funds), and an advisor to the other Asset Classes on sustainable investment opportunities.
The IM will maintain a positive team management approach while demonstrating CalPERS’ Core Values of Quality, Respect, Integrity, Openness, Accountability, and Balance in accordance with personal work ethic in alignment with CalPERS Investment Beliefs.
Duties Include:
- Support the SI Leadership Team in developing, leading, and implementing a sustainable investment portfolio.
- Develop governance structure to support the investment and portfolio management functions.
- Responsible for portfolio management and ultimately contributing to alpha generation by using sustainability themed investment strategies, including climate-related investment opportunities.
Telework Information: This position is eligible for hybrid work schedule, with up to two days of remote work and three days or more onsite, per week.
Job Type: Full-time
Pay: $15,250.00 - $25,416.67 per month
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Retirement plan
- Vision insurance
Work Location: Hybrid remote in Sacramento, CA 95811