Fund Manager, Alternatives

Join a great place to work with MissionSquare, a financial services corporation with approximately $79 billion in assets under management and administration and over 600 employees.

Founded in 1972, MissionSquare is dedicated to the retirement needs of public sector employees.

We focus on delivering results-oriented retirement and retiree health savings plans, education, investment options, personalized guidance, and related services to public sector participants in more than 9,200 plans and nearly 2 million participant accounts.

We strive to make the administration of retirement programs as easy and cost-effective as possible.

We have an extraordinary talent base and invite you to consider joining MissionSquare.

$110,060.00 - $170,590.00

The Fund Manager, Alternatives, will play a key role in managing proprietary alternative investment portfolios, including private investments and both liquid and illiquid alternative strategies, such as private equity, private real estate, private credits, hedge funds and other non-traditional asset classes ("Alternatives").

This role will assist senior leadership in sourcing, evaluating, and monitoring alternative investment managers and strategies, while ensuring adherence to investment guidelines and objectives.

This position also involves supporting strategic initiatives, managing projects, and collaborating with internal teams and external partners.

Essential Functions for this role include:


* Research, source and conduct due diligence on external investment managers to help construct an Alternatives investment portfolio in accordance with the funds' investment guidelines and risk-adjusted return objectives.


* Conduct qualitative and quantitative analysis on alternative investment funds and strategies.

Through periodic comprehensive reviews of the existing investment portfolio and provide recommendations for improvement and optimization.


* Perform due diligence on existing and prospective managers across private equity, private credit, real estate, hedge funds, and other alternative asset classes, including onsite visits and conference attendance.


* Monitor adherence to investment guidelines and maintain strong relationships with asset managers.


* Assist in managing cash flows, capital calls, and rebalancing within alternative portfolios.


* Stay informed on market trends, economic developments, and alternative investment strategies.


* Prepare and present routine and ad hoc reports on portfolio performance, manager updates, and market insights for internal committees, regulatory filings, and client communications.


* Monitor existing portfolio, including frequent interactions with investment managers, review of quarterly reports, as well as attending annual meetings.

Prepare quarterly performance reporting package.


* Maintain and strengthen the group's networks and relationships with institutional managers and institutional investors in the Alternatives space....