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Associate Director – Public Equity Investments at The University of Texas/Texas A&M Investment Management Company

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Employer: The University of Texas/Texas A&M Investment Management Company

Expires: 06/01/2020

UTIMCO manages a global Public Equity portfolio with an aggregate $11 billion invested with external public equity managers. We are currently looking for a highly motivated investment professional to join our 7-person public markets team as a generalist, assisting with both the Developed Markets and Emerging Markets equity portfolios. The Associate Director will be responsible for monitoring current relationships, sourcing and evaluating potential investment opportunities, and executing projects to help monitor managers and the portfolio.Broad responsibilities include:Manage relationships via monitoring individual manager performance and risk on a regular basis, building strong relationships with each manager, and conducting periodic due diligence updates and on-site visits with key investment and operations personnelSource and assess new investment opportunities by establishing trusted industry contacts, holding meetings with prospective funds, and performing initial qualitative and quantitative analysisLead comprehensive due diligence process for evaluating prospective mangers and co-investment opportunities (including in-depth analysis of investment strategy, performance and risk analysis, manager strengths and weaknesses, risk management, operations, reference checks, evaluation of service providers, and thorough review of relevant legal documents with input from legal counsel)Lead negotiation of investment terms with new and existing managers by working with legal counselWork with team to prepare reports for presentation internally and to the BoardMentor Analysts and InternsCollaborate with other UTIMCO teams including risk management, asset allocation, hedge funds, fixed income, real return, and private equityMaintain current knowledge of markets by monitoring current financial publications, as well as leveraging personal contacts with outside research/industry professionals and conducting ad hoc research as necessaryCommunicate effectively with other team members and UTIMCO staff, and promote a true team atmosphereRequirements:7-9 years of professional experience in investment-related field4+ years evaluating and investing in public equity and/or hedge fundsUndergraduate degree from a reputable institution, preferably in finance or accountingUnquestioned honesty, integrity, and transparencyCultural fit in a respectful, collegial, and collaborative environmentExceptional quantitative skills to evaluate fund and portfolio performance and riskWell-versed in Microsoft Excel and in financial applications (e.g. Bloomberg, Factset)Ability to represent UTIMCO in the marketplace with the highest professionalismSuperior commercial judgment, a track record of success, and intellectual curiosityStrong analytical, problem solving, communication, writing, presentation and organizational skillsWillingness and ability to engage in domestic and international travelConstructive and team-oriented attitude committed to consistently doing what is best for the organizationPreferred Qualifications:CFA and/or MBAInvestment management, public markets, research/trading, investment banking, and/or corporate finance experience is preferred