STRS Ohio, STRS
STRS Ohio is seeking an Analyst I or Analyst II, Alternative Investments (Focus: Private Equity) to join the Investment/Alternative Investments team. Nearly two-thirds of STRS Ohio’s investment assets are managed internally by more than 100 Investment Department professionals.Established in 1920 and serving Ohio’s educators, STRS Ohio is one of the nation’s largest retirement systems, serving over 500,000 active, inactive, and retired public-school teachers, and university faculty members, managing approximately $96.9 billion as of June 30, 2024, in assets and paying more than $7 billion in benefits annually.STRS Ohio provides a competitive pay, and a comprehensive benefits package including on-site parking, educational assistance, subsidized medical insurance, fully paid dental and life insurance, vacation and sick leave, retirement benefits and on-site fitness center. At STRS Ohio, you can experience rewarding work in a professional, business casual work environment.
We welcome, celebrate, and promote respect for everyone. We are continually seeking bright and talented individuals to join our team.
Compensation:
Competitive Pay
Work Schedule:
8:00am-5:00pm Monday through Friday (Onsite)
General Summary (Grades I1A-Private & I2A-Private Equity):
Under the direction of the director, Alternative Investments assist in the investment decision-making process, ongoing management, monitoring and evaluation of the alternative investments portfolio.
Summary of Responsibilities (Grades I1A-Private & I2A-Private Equity):
- Assist in the development of portfolio strategies using internal or external investment approaches to ensure the private equity portfolio exceeds its long-term benchmark. (Grade I1A-Private Equity)
- Develop portfolio strategies using internal or external investment approaches to ensure the private equity portfolio exceeds its long-term benchmark. (Grade I2A-Private Equity)
- Analyze prospective investment opportunities, including meeting with principals, conducting due diligence, conferring with outside parties and preparing investment recommendations.
- Build financial models to assist in portfolio and investment evaluation.
- Develop relationships with private equity firms and monitor portfolio companies.
- Perform comprehensive market research and data analysis on private equity managers and regularly update internal private markets database to ensure data integrity.
The above list of duties is intended to describe the general nature and level of work performed by persons assigned to this classification. It is not to be construed as an exhaustive list of duties performed by the persons so classified, nor is it intended to limit or modify the right of any supervisor to assign, direct and control the work of associates under supervision.
Summary of Qualifications (Grades I1A-Private & I2A-Private Equity):
- Bachelor's degree required.
- Master’s degree in business administration, economics, statistics, finance or related field preferred.
- Two to three years’ experience in private equity, private credit, co-investments, secondary funds, investment banking, investment research or investment consulting is strongly recommended. (Grade I1A-Private Equity)
- Three to six years’ experience in private equity, private credit, co-investments, secondary funds, investment banking, investment research or investment consulting is strongly recommended. (Grade I2A-Private Equity)
- Chartered Financial Analyst (CFA) or Chartered Alternative Investment Analyst (CAIA) designation preferred
- Ability to research and analyze data and make valid conclusions required. Strong research, financial modeling, analytical, valuation skills and proficiency. Experience with performance reporting and internal rate of return (IRR) analysis required.
Equal Employment Opportunity Employer Statement
State Teachers Retirement System of Ohio (STRS) is an Equal Employment Opportunity Employer and prohibits discrimination and harassment of applicants or employees on the basis of race, color, religion, gender, gender identity or expression, national origin (ancestry), military status, disability, age, genetic information, sexual orientation, or caregiver status, in making employment-related decisions about an individual.
ADA Statement
STRS Ohio is committed to ensuring access, inclusion, and reasonable accommodations across all its services, activities, programs, and employment opportunities in accordance with the Americans with Disabilities Act (ADA) and other applicable laws.
