NY HELPNo

AgencyTeachers' Retirement System

TitleDirector of Private Equity/Debt

Occupational CategoryOther Professional Careers

Salary GradeNS

Bargaining UnitCSEA Local 658 (NYS Teachers’ Retirement System)

Salary RangeFrom $180884 to $203586 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Non-competitive Class

Travel Percentage 30%

Workweek Mon-Fri

Hours Per Week 37.5

Workday

From 8 AM

To 4:30 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? Yes

County Albany

Street Address 10 Corporate Woods Drive

City Albany

StateNY

Zip Code12211

Duties Description The duties of the Director of Private Debt/Private Equity include, but will not be limited to, the following:
- Recommend investment strategies and new investments to the Managing Director; while also manage existing relationships with the General Partners in which the System invests
- Lead and coordinate the oversight of the private debt/private equity portfolio, as well as source, underwrite and recommend new investments
- Lead the presentation of investment recommendations at the System’s internal investment committee meetings for private debt/private equity investment opportunities
- Manage the mid-office team to ensure performance monitoring and reporting for the private debt/private equity portfolio for portfolio management purposes
- Review and confirm the accuracy of capital drawdowns, cash, or stock distributed to the System. Approve capital disbursements and receipts as required.
- Serve as NYSTRS' representative on private debt/private equity limited partner advisory boards
- Assist in the development and implementation of policy, strategy, procedures and associated operations
- Review and provide recommendations to the Managing Director of Private Equity regarding partnership amendments and other legal matters with respect to the private debt/private equity portfolio. Execute consents and amendments on behalf of the System as needed.
- Manage relationships with outside vendors such as consultants, database and CRM providers
- Evaluate and recommend modifications to the Department’s investment strategic plan and sub-asset classes within private debt/private equity
- Attend conferences and meetings to stay current on industry trends and to continually maintain and establish business relationships within the industry
- Active involvement in the limited partner community to stay current with industry trends and asset class performance
- Supervise the private debt/private equity team and provide professional development opportunities
- Perform such duties assigned by the Managing Director of Private Equity and complete other projects or assignments as deemed necessary
- The Director of Private Debt and the Director of Private Equity will support each other in their roles and assist with managing relationships
- Up to 30% of travel is required domestically and internationally on weekdays and some weekends.

Minimum Qualifications - A bachelor’s degree and eight (8) years professional investment experience, of which five (5) years must include institutional Private Debt and/or Private Equity fund investment management experience with an investment management organization, pension consulting firm or plan sponsor including:
- Experience conducting research and due diligence for primary fund investment opportunities
- Experience in analyzing, evaluating, monitoring and recommending actions for primary fund investments
- Experience in presenting and making investment recommendations to Investment Committees
- Substitutions: A Master’s in Business Administration or a closely related field of study substitutes for one (1) year of general work experience. Holding a Chartered - Financial Analyst or Chartered Alternative Investment Analyst designation substitutes for one (1) year of general work experience

Preferred Qualifications
- A master’s in business administration or another advanced degree
- Three years of supervisory experience
- CFA and/or CAIA designation or demonstrated progress toward CFA and/or CAIA designation
- Robust network across both the general partner and limited partner universe
- Experience serving on Private Debt/Private Equity Limited Partner Advisory Boards
- Commitment to providing exceptional customer service
- Excellent communication and interpersonal skills

Additional Comments To be considered for our vacancies, you must apply directly to the posting located on our applicant portal. The link to the portal is: https://www.nystrs.org/careers/job-opportunities/

All applications must be submitted by 5:00 pm on Sunday, May 25, 2025. Applications received after 5:00 pm will not be considered.

Some positions may require additional credentials or a background check to verify your identity.

Name Aleks Szumilo

Telephone x4102

Fax

Email Address recruitment@nystrs.org

Address

Street 10 Corporate Woods Drive

City Albany

State NY

Zip Code 12211

Notes on ApplyingTo be considered for our vacancies, you must apply directly to the posting located on our applicant portal. The link to the portal is: https://www.nystrs.org/careers/job-opportunities/

All applications must be submitted by 5:00 pm on Sunday, May 25, 2025. Applications received after 5:00 pm will not be considered.