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A cover letter should be attached to your resume and submitted at the time of application.

Job Summary

The University of Michigan’s Office of Investments was established in 1999 to oversee the investments of the University’s financial assets, including the University’s $9.5+ billion endowment. This diversified, multi-asset class portfolio supports the University’s student scholarships, academic and research programs, professorships, and libraries, to name a few of the many endowed fund initiatives.

 

The primary objective of the office is to optimize the endowment performance and the University’s other investment programs, such as its working capital pool and gift programs. This includes developing investment policies, the strategic asset allocation, policy and performance benchmarks, and risk management practices. This ensures that the real purchasing power of the fund’s principal is preserved and maintained enabling the University to continue to provide strong academic programs and innovative technology.

 

Reporting directly to the Chief Investment Officer, the successful candidate will identify, evaluate, recommend, and monitor investment opportunities for the Private Equity and Venture Capital portfolios. Additional responsibilities include: development of asset allocation policies, as well as investment and risk management strategies; rigorously review and monitor fund manager performance; build and maintain a network within the investment management community; represent the University on fund advisory boards; training and supervising internal investment managers, associates, analysts, and interns. This is a senior level investment position and will fulfill a leadership role, managing junior investment colleagues.

Required Qualifications*

 It is required that the candidate be a proven investor with ten or more years of relevant private equity and venture capital experience, selecting and managing external investments; experience working for a foundation, endowment, plan sponsor, outsourced CIO, or fund of funds; experience managing a private equity portfolio, directing allocations, and co-investment knowledge; extensive portfolio construction skills incorporating macro views; sophisticated ability to integrate strong analytics in quantitative and qualitative investment evaluations; strong academic credentials; robust communication and presentation skills, both spoken and written; the ability to influence and negotiate effectively; established global network of investment contacts and general partner relationships, and the willingness to travel extensively.

Desired Qualifications*

Desired qualifications include: an MBA, other advanced degree, or CFA.

U-M EEO/AA Statement

The University of Michigan is an equal opportunity/affirmative action employer.