<p>Please note: State agencies that contact job applicants do not usually request personal or financial information via text message or over the phone in connection with your response to a job posting. If you are contacted for such information by these methods, or any other method, please verify the identity of the individual before transmitting such information to that person.</p> <p>Note: For questions about the job posting, please contact the agency that posted this position by using the contact information provided on the "Contact" tab for the position.</p> <p>Review Vacancy</p> <p>Date Posted 05/12/25</p> <p>Applications Due05/27/25</p> <p>Vacancy ID187746</p> <ul> <li>Basics </li><li>Schedule </li><li>Location </li><li>Job Specifics </li><li>How to Apply </li></ul> <p>NY HELPNo</p> <p>AgencyTeachers' Retirement System</p> <p>TitleDirector of Private Equity/Debt</p> <p>Occupational CategoryOther Professional Careers</p> <p>Salary GradeNS</p> <p>Bargaining UnitCSEA Local 658 (NYS Teachers' Retirement System)</p> <p>Salary RangeFrom $180884 to $203586 Annually</p> <p>Employment Type Full-Time</p> <p>Appointment Type Permanent</p> <p>Jurisdictional Class Non-competitive Class</p> <p>Travel Percentage 30%</p> <p>Workweek Mon-Fri</p> <p>Hours Per Week 37.5</p> <p>Workday</p> <p>From 8 AM</p> <p>To 4:30 PM</p> <p>Flextime allowed? No</p> <p>Mandatory overtime? No</p> <p>Compressed workweek allowed? No</p> <p>Telecommuting allowed? Yes</p> <p>County Albany</p> <p>Street Address 10 Corporate Woods Drive</p> <p>City Albany</p> <p>StateNY</p> <p>Zip Code12211</p> <p>Duties Description The duties of the Director of Private Debt/Private Equity include, but will not be limited to, the following:</p> <ul> <li>Recommend investment strategies and new investments to the Managing Director; while also manage existing relationships with the General Partners in which the System invests </li><li>Lead and coordinate the oversight of the private debt/private equity portfolio, as well as source, underwrite and recommend new investments </li><li>Lead the presentation of investment recommendations at the System's internal investment committee meetings for private debt/private equity investment opportunities </li><li>Manage the mid-office team to ensure performance monitoring and reporting for the private debt/private equity portfolio for portfolio management purposes </li><li>Review and confirm the accuracy of capital drawdowns, cash, or stock distributed to the System. Approve capital disbursements and receipts as required. </li><li>Serve as NYSTRS' representative on private debt/private equity limited partner advisory boards </li><li>Assist in the development and implementation of policy, strategy, procedures and associated operations </li><li>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. </li><li>Manage relationships with outside vendors such as consultants, database and CRM providers </li><li>Evaluate and recommend modifications to the Department's investment strategic plan and sub-asset classes within private debt/private equity </li><li>Attend conferences and meetings to stay current on industry trends and to continually maintain and establish business relationships within the industry </li><li>Active involvement in the limited partner community to stay current with industry trends and asset class performance </li><li>Supervise the private debt/private equity team and provide professional development opportunities </li><li>Perform such duties assigned by the Managing Director of Private Equity and complete other projects or assignments as deemed necessary </li><li>The Director of Private Debt and the Director of Private Equity will support each other in their roles and assist with managing relationships </li><li>Up to 30% of travel is required domestically and internationally on weekdays and some weekends. </li></ul> <p>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:</p> <ul> <li>Experience conducting research and due diligence for primary fund investment opportunities </li><li>Experience in analyzing, evaluating, monitoring and recommending actions for primary fund investments </li><li>Experience in presenting and making investment recommendations to Investment Committees </li><li>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 </li></ul> <p>Preferred Qualifications</p> <ul> <li>A master's in business administration or another advanced degree </li><li>Three years of supervisory experience </li><li>CFA and/or CAIA designation or demonstrated progress toward CFA and/or CAIA designation </li><li>Robust network across both the general partner and limited partner universe </li><li>Experience serving on Private Debt/Private Equity Limited Partner Advisory Boards </li><li>Commitment to providing exceptional customer service </li><li>Excellent communication and interpersonal skills </li></ul> <p>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/</p> <p>All applications must be submitted by 5:00 pm on Sunday, May 25, 2025. Applications received after 5:00 pm will not be considered.</p> <p>Some positions may require additional credentials or a background check to verify your identity.</p> <p>Name Aleks Szumilo</p> <p>Telephone x4102</p> <p>Fax</p> <p>Email Address recruitment@nystrs.org</p> <p>Address</p> <p>Street 10 Corporate Woods Drive</p> <p>City Albany</p> <p>State NY</p> <p>Zip Code 12211</p> <p>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/</p> <p>All applications must be submitted by 5:00 pm on Sunday, May 25, 2025. Applications received after 5:00 pm will not be considered.</p>