Our client, Kansas Public Employees Retirement System (KPERS) is seeking a Deputy CIO for Private Markets (DCIO). KPERS administers three statewide defined-benefit retirement plans for state and local public employees; along with a voluntary deferred compensation plan. It also manages approximately $20B in assets for its members’ benefits. KPERS is located in Topeka, KS, the state capitol.
The DCIO reports to the CIO and serves as a senior leader in the Investment Division. The DCIO develops, implements and maintains KPERS real estate, private equity, and “real” portions of the real return investment portfolios. This role is responsible for the supervision and management of the private markets investment staff of two Senior Investment Analysts.
Undergraduate and graduate degrees in business, economics or finance or related field from an accredited college or university and the Chartered Financial Analyst designation is required. Sufficient equivalent experience in the analysis and management of a diverse set of institutional real estate, private equity, or real return assets, or alternative professional designations may be substituted for the graduate degree and the CFA designation at the discretion of the Chief Investment Officer. Professionals currently enrolled in the CFA program may be considered at the discretion of the CIO.
At least five years of relevant experience in the field of real estate, private equity, or securities management, a minimum of two years of which shall have included responsibility for oversight and review of an extensive institutional real estate and/or private equity investment portfolio.
Experience in a public pension plan, and the CAIA designation, will be viewed favorably.
Supervisory or team leader experience is preferred. A demonstrated ability to provide effective leadership in a professional investment management environment is required.
Working knowledge of institutional real estate and private equity, as well as the methods employed in the purchase, sale or transfer, valuation and management of such investments is required. In addition, a knowledge of institutional investment program management principles and practices is essential.