Investment Analyst

The Texas Permanent School Fund (PSF) is a constitutionally established education endowment with a 150+ year history of supporting Texas public schools. Today, PSF manages more than $60 billionin assets and invests with a long-term perspective to generate sustainable funding for Texas K–12 education.

Our $60 billion portfolio is diversified across major asset classes, including venture capital, co-investments, private & public credit, ARS/equities, real assets, and private equity. This breadth provides exposure to a wide range of investment strategies and allows us to leverage deep expertise across the portfolio. Through disciplined investing and strong operational, legal, financial, and governance functions, Texas PSF serves as a careful steward of public capital.

Our work helps secure billions of dollars in school district bonds and supports more than5 million students across 1,000+ school districts statewide. Guided by principles of fiduciary responsibility, integrity, and service to Texans, PSF plays an enduring role in strengthening public education and investing in Texas’s future.

Weareseekingan Investment Analystwithuptotwoyearsofexperienceininvestmentbanking ,endowmentinvesting,asset management,orrelatedinvestingroles or internships. These openings span several investment strategies including venture capital, private and public credit, and absolute return strategies.

• Support due diligence on prospective investments, investment managers, and co-investment opportunities across public and private markets
• Evaluate investment opportunities through company, industry, manager, and market research alongside senior investment professionals
• Monitor existing investments and assess performance, risk, exposures, and other relevant portfolio developments
• Prepare investment materials and analysis to support investment recommendations and portfolio decisions
• Assist senior investment professionals with portfolio management, investment monitoring, and program administration

• Research companies, industries, investment managers, markets, and emerging themes to identify potential risks and opportunities
• Conduct macroeconomic, market, and strategy-specific research to support investment decisions
• Analyze trends across public and private markets, including venture capital, credit, public equities, and absolute return strategies

• Perform financial and investment analysis appropriate to the strategy, including company analysis, credit analysis, manager evaluation, and investment modeling
• Analyze financial statements, business fundamentals, capital structures, investment performance, and risk
• Develop portfolio and investment analyses assessing factors such as performance, liquidity, risk, exposures, and underlying fundamentals

• Provide general supportto the team on a day-to-day basis
• Maintain thorough records for both public and private credit strategies

• Bachelor’s degree in finance, Accounting, Economics, or a related field
• Up to 2 years in investment banking, finance, consulting or investing
• Strong financial modeling and excel skills
• Strong understanding of credit metrics and capital structures
• Proficiency with Bloomberg orPitch
  
  Bookor Power BI or Tableau

• Progress toward CFA, CAIA, or equivalent finance certifications
• PowerPoint and Presentation skills
• Willingness to learn and adapt tonew technologies, methodologies, and market dynamics
• Awareness of economic indicators and market trends

• Domestic up to 10%.
• Hybrid office/telework schedule.
• Ability to work/travel outside of normal business hours.

Texas PSF’s status as a special purpose governmental corporation allows for a unique opportunity to provide state employee benefits along with other company perks. Our extensive state employee benefits package includes retirement benefits,employer‑paid health and basic life insurance, generous paid holidays, and multiple retirement options—along with longevity pay and a range of optional insurance plans. You can findadditionalbenefits details .texas.gov. Employees also enjoy various in-house training and professional development opportunities, free downtown parking, flexible work arrangements, and an office location near the Moody Amphitheater at Waterloo Park.