Deputy Chief Investment Officer, Private Markets

Deputy Chief Investment Officer, Private Markets

Join to apply for the Deputy Chief Investment Officer, Private Markets role at CalPERS.

This range is provided by CalPERS. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

Job Code #: JC

Position #:

Working Title:

Deputy Chief Investment Officer เข Private Markets

Classification: DEPUTY CHIEF INVESTMENT OFFICER, CSTRS

This position is eligible for annual and long‑term incentive awards. The annual incentive opportunity is 0–180% of salary and is based on the level of achievement against several quantitative and qualitative measures. The long‑term incentive program provides an additional opportunity of 0–180% of base salary beginning after five years and when absolute total fund returns meet or exceed board‑approved thresholds.

# of Positions: 1

Telework:
Hybrid

Job Type: Permanent, Full Time

Role Description

CalPERS Investment Office (INVO) is seeking an experienced individual to fill the position of Private Markets Deputy Chief Investment Officer (DCIO). As a key member of the INVO senior leadership team, in a highly visible and complex government organization, the DCIO will deal with an array of financial, economic, policy, and administrative issues and must have the skills to build and maintain collaborative relationships.

The DCIO must be a strong investor who is goal‑oriented, organized, and can carry out a complicated and multi‑faceted role with poise, integrity, and grace. Excellent communication skills are essential, as is transparency and productive relationship building. The ideal candidate will demonstrate CalP speaking values and guiding behaviors inahuan performing INVO duties under the general direction of the Chief Investment Officer (CIO).

The DCIO is responsible for collaborating with the CIO in supporting private asset markets investment decision‑making in a risk-aware manner to generate the required absolute rate of return necessary to meet CalPERS pension obligations.

Telework Information:
This position is eligible for a hybrid work schedule, with up to two days of remote work and three days or more onsite, per week.

Sponsorship:
CalPERS does not participate in E‑Verify for employment authorization purposes.

This position will run until filled with cutoff dates for review every Friday until filled, with the first cutoff date being January 9th.

Final Filing Date:
Until Filled

Seniority Level

Executive

Employment Type

Full‑time

Job Function

Finance

Industries

Government Administration

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