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University of Minnesota - 15th Ave Investment Manager in Minneapolis, Minnesota
Apply for Job Job ID364518 LocationTwin Cities Job FamilyFinance Full/Part TimeFull-Time Regular/TemporaryRegular Job Code9782IP Employee ClassAcad Prof and Admin Add to Favorite Jobs Email this Job About the Job Investment Manager, Minneapolis, MN - As part of the University of Minnesota's Office of Investments and Banking, Investment Manager supports the investment activities of the University's $2.1B endowment fund. Primary responsibility is on sourcing, researching, diligencing, recommending, and monitoring equity-oriented investments, with extensive involvement across the full spectrum of liquid and illiquid asset classes and strategies utilized in the endowment, which includes: traditional rates and credit, private credit, public equities, private equity, venture capital, real assets and hedge funds. Area(s) of focus at any point in time will be directed by the Chief Investment Officer based on an amalgamation of considerations such as market environment and opportunity, current portfolio dynamics, and/or the Investment Manager's particular areas of expertise or familiarity. Conduct deep-dive initial and ongoing due diligence on investment strategies, managers and co-investment opportunities across various asset classes. Produce detailed investment memorandums and summaries for presentation to the Investment Advisory Committee. Play a key role in shaping portfolio strategy and design in partnership with other members of the OIB investment team. Lead research projects regarding various asset classes, investment strategies and/or thematic market opportunities. Collaborating (e.g. tag-teaming or playing devil's advocate) with other members of the OIB investment team on research and manager diligence efforts. Cultivate networks and relationships across the industry to improve sourcing quality and stay abreast of key trends and best practices. Assist in the preparation of investment committee meeting presentation materials. Partner with internal general counsel and OIB's operations manager to review and negotiate legal documents. Conduct diligence and make recommendations to the various governing groups about local investment opportunities associated with Minnesota's State Small Business Credit Initiative (SSBCI) Venture Program and the University's designated technology commercialization fund, known as Discovery Capital. May work on environmental, social and governance policy and strategy, performance and risk analytics, data management, operating pool investment strategy, defined contribution retirement program design and oversight and/or broader finance-related projects supporting the University. Domestic and International travel 10-25%. (No agencies or phone calls please.) Qualifications Requires a BA/BS degree in economics, finance, business administration, accounting or related discipline and 8 years of experience at an asset owner (endowment and foundation, pension fund, etc.), investment bank and/or buy-side investment management firm. Financial modeling and data analytics. Sourcing, diligencing and monitoring investment strategies across both public and private markets, with the ability to conduct robust soup-to-nuts diligence with minimal supervision. Data and information management. Investment as an asset owner or investment bank. Microsoft Office Suite. Must possess 2 years of experience with directly sourcing, diligencing and selecting venture-backed, early-stage investment opportunities. Must possess CFA charterholder or progress towards. Benefits Working at the University At the University of Minnesota, you'll find a flexible work environment and supportive colleagues who are interested in lifelong learning. We prioritize work-life balance, allowing you to invest in the future of your career and in your life outside of work. The University also offers a comprehensive benefits package that includes: Competitive wages, paid holidays, and generous time off Continuous learning opportunities through professional t aining and degree-seeking programs supported by the Regents Tuition Benefit Program Low-cost medical, dental, and pharmacy plans Healthcare and dependent care flexible spending accounts University HSA contributions Disability and employer-paid life insurance Employee wellbeing program Excellent retirement plans with employer contribution Public Service Loan Forgiveness (PSLF) opportunity Financial counseling services Employee Assistance Program with eight sessions of counseling at no cost Employee Transit Pass with free or reduced rates in the Twin Cities metro area Please visit the Office of Human Resources website for more information regarding benefits. How To Apply Applications must be submitted online. To be considered for this position, please click the Apply button and follow the instructions. You will be given the opportunity to complete an online application for the position and attach a cover letter and resume. Additional documents may be attached after application by accessing your "My Job Applications" page and uploading documents in the "My Cover Letters and Attachments" section. To request an accommodation during the application process, please e-mail employ@umn.edu or call (612) 624-8647. Diversity Employment Requirements Any offer of employment is contingent upon the successful completion of a background check. Our presumption is that prospective employees are eligible to work here. Criminal convictions do not automatically disqualify finalists from employment. About the U of M The University of Minnesota, Twin Cities (UMTC) The University of Minnesota, Twin Cities (UMTC), is among the largest public research universities in the country, offering undergraduate, graduate, and professional students a multitude of opportunities for study and research. Located at the heart of one of the nation's most vibrant, diverse metropolitan communities, students on the campuses in Minneapolis and St. Paul benefit from extensive partnerships with world-renowned health centers, international corporations, government agencies, and arts, nonprofit, and public service organizations. At the University of Minnesota, we are proud to be recognized by the Star Tribune as a Top Workplace for 2021, as well as by Forbes as Best Employers for Women and one of America's Best Employers (2015, 2018, 2019, 2023), Best Employer for Diversity (2019, 2020), Best Employer for New Grads (2018, 2019), and Best Employer by State (2019, 2022). The University recognizes and values the importance of diversity and inclusion in enriching the employment experience of its employees and in supporting the academic mission. The University is committed to attracting and retaining employees with varying identities and backgrounds. The University of Minnesota provides equal access to and opportunity in its programs, facilities, and employment without regard to race, color, creed, religion, national origin, gender, age, marital status, disability, public assistance status, veteran status, sexual orientation, gender identity, or gender expression. To learn more about diversity at the U: http://diversity.umn.edu.