Investment Manager, Equities Strategies

Working Title: Investment Manager, Active Equities Strategies

Classification: INVESTMENT MANAGER, PUBLIC EMPLOYE'S RETIREMENT SYSTEM

This position is eligible for annual and long-term incentive awards. The annual incentive opportunity is 0-75% 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 0-75% 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

Our Global Public Equity team is currently seeking an Investment Manager to oversee Public Equity’s alignment of interest including management fee negotiations and contract management with external partners, the Investment Office, and the Legal Office and drive our CalPERS mission.

• Actively participate in the work streams of the External Equity Strategies team including engaging in manager searches, manager oversight, and external manager onboarding/transitions. This requires an understanding of those processes and the use of various investment technology tools and platforms such as Factset, Axioma, and eVestment.
• Lead Global Public Equity’s Alignment of Interest, including managing the contract process and negotiation of management fees with external managers.
• Serve in a leadership capacity for the Active Equity Strategies Team, helping to shape the culture, investment philosophy, and processes of the Team.

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.

CalPERS does not participate in E-Verify for employment authorization purposes.