Job Description
The Office of the Connecticut State Treasurer, Pension Fund Management Division, managing over $60 billion in assets, is searching for a Principal Investment Officer (PIO) responsible for management of the $5.7 billion Real Assets Fund. The Real Estate Fund of $3.7 billion invests in core, value add, opportunistic real estate strategies and publicly traded securities. The Infrastructure and Natural Resources Fund totaling $2.0 billion consists of several different investment strategies and vehicles.
Reporting to the Chief Investment Officer, the PIO, leading a team of three analysts, is accountable for monitoring, reporting, evaluating, and recommending investment opportunities and for risk management oversight of the assets. The CIO is searching for an investment leader with relevant institutional experience who is intellectually sharp and curious, and a critical thinker to join PFM’s high-performing team.
The PIO must align and support the State and the Treasurer’s investment philosophy and policy objectives. The PIO must also have a strong work ethic and be able to maintain a strategic focus and manage complexity in a changing environment. An investment leader with at least seven years of relevant institutional real estate/real assets experience across public and private markets is required. Additional requirements and preferences include:
Requirements
▪ Bachelor’s degree in finance, economics, or related field of business.
▪ In-depth understanding of the real estate/real assets sectors, private markets, alternative investment strategies and vehicles, and the principles of institutional investing.
▪ Understanding of research in real estate/real assets, including market trends, strategies, industries, sectors, and geographies.
▪ Dedication to public service and understanding of defined benefit plans.
Preferences
▪ Advanced degree.
▪ CFA or CAIA.
For additional information, including all requirements and preferences, contact Hudepohl & Associates,
info@hudepohl.com or (614) 854-7300.
State of Connecticut is an Affirmative Action/Equal Employment Opportunity Employer.