Private Equity Investment Officer

Position: Private Equity Investment Officer — Hybrid Role

This recruitment will remain open until filled, and it is in the candidate’s best interest to apply early.

Note:

this role may be filled at the Assistant Investment Officer (AIO) level or the Investment Officer (IO) level.

AIO Salary Range: $84,000 - $141,000

IO Salary Range: $132,000 - $219,000

The Washington State Investment Board (WSIB) is a dedicated global investment management organization with over $233.9 billion in assets under management. The WSIB's globally diversified portfolios are comprised of more than 17,000 holdings across 91 countries on 6 continents and in 50 currencies. The WSIB's central mandate is to maximize return at a prudent level of risk. The WSIB manages investments for 18 retirement plans for public employees, teachers, school employees, law enforcement officers, firefighters, and judges.

We also manage investments for several other important public funds that benefit Washington’s industrial insurance program, colleges and universities, and developmental disability programs. The WSIB’s excellent investment performance dramatically contributes to the state’s bottom line.

To learn more about our organization and the work we do, please visit our website atsib.wa.govand follow us onLinked

In.

The WSIB operates in a hybrid work environment, and this position should anticipate 60% of their time in the office.

The WSIB is seeking a qualified candidate to join our Private Equity team.

This is a unique opportunity to join a globally recognized investment management organization. The primary objective of the AIO or IO – Private Equity is the ongoing selection, due diligence, and monitoring of individual private equity partnerships, while ensuring consistency with statutes, regulations, and Board policies. The incumbent will be expected to work with the highest standard of professional and ethical conduct, and for the exclusive benefit of WSIB beneficiaries.

This role assists the Private Equity Senior Investment Officer (SIO) in prudently deploying the allocation that the Board has established for Private Equity and implementing the annual plan and objectives for the unit with the intent to create a well-diversified and well-performing risk adjusted portfolio.

We are seeking an experienced investment professional who can immediately and effectively diligence, underwrite, negotiate, and execute private equity partnership commitments, as well as monitor a portfolio of existing investments. We are looking for a strong, independent performer who can partner well with our cohesive team; a trustworthy professional who values diversity, equity, and inclusion; a professional interested in exposure to various asset classes and opportunities to become a better investor;

a self-starting, critical-thinking, principal investor who is able to engage in giving and implementing feedback and interested in an attractive work/life balance while taking on the challenges associated with working for one of the world’s leading asset allocators.

IF SELECTED FOR THIS OPPORTUNITY, YOU WILL:

Actively participate in the development, recommendation, implementation, monitoring, and termination of investments in the private equity portfolio. This includes:

• Contributing as a member of a team committed to diversity, equity and inclusion in our work and workplace.

• Working closely with general partners, advisors, and legal counsel to implement goals and objectives.

• Maintaining and developing relationships with the WSIB’s private equity general partners and attending partnership meetings as required.

• Participating actively on limited partnership advisory committees.

• Identifying, evaluating, recommending, and monitoring private equity investments.

• Performing due diligence on potential investment opportunities.

• Preparing…