General Manager - Private Equity

HESTA Super; Melbourne; Presencial; AUD 250.000 - 360.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Extended leave

Professional development

Wellbeing program

Financial planning support

Descripción de la vacante

HESTA Super is seeking a General Manager – Private Equity to lead strategy development and execution across the Private Equity component of our Unlisted Assets program. This senior role has direct accountability for portfolio outcomes, fee negotiation, ESG integration and leading a high‑performing Private Equity team.

Reporting to the Head of Portfolio Management and closely aligned with Property and Infrastructure leaders, you will shape the Private Equity strategy, drive governance, and

Formación

• Significant experience managing a portfolio of direct equity or debt investments in private equity.
• Deep knowledge of return and risk of unlisted equities and private equity dynamics.
• Experience analysing fund managers and portfolios at a super fund, fund manager or research house.
• Proven leadership in guiding a technical high‑performing team through change.
• Experience developing portfolio sector strategy, sourcing investments, and overseeing analysis.
• Undergraduate and postgraduate qualifications in finance or maths; CFA/Master of Finance encouraged.

Responsabilidades

• Directing strategy development across Private Equity, with Board and CIO approvals.
• Leading asset management for Private Equity, including governance, operations, reporting, valuation, and fee negotiations.
• Driving ESG integration into manager and asset selection across the Private Equity portfolio.
• Leading the Private Equity team, including performance and development planning.
• Contributing to broader Investments strategy and cultural initiatives across Investments.

Conocimientos

Significant experience managing equity

Private equity knowledge

Fund manager analysis

People leadership

Portfolio strategy experience

Finance education background

Educación

Undergraduate & Postgraduate in finance/maths

CFA or Master of Finance desirable

Descripción del empleo

Select how often (in days) to receive an alert:

More than one million Australians trust us with their money, and that trust shapes how we work every day. Our members sit at the centre of everything we do, guiding our decisions and the impact we strive to make.

We’re looking for people who are purpose-driven and accountable, who value inclusion and collaboration, and who are proactive in managing risk to protect our members’ long‐term outcomes. In return, you’ll be part of an organisation where your work contributes to strong returns, real‑world impact, and a culture that reflects the communities our members serve.

Bring your authentic and passionate self to this exceptional role #careerswithimpact

Newly created opportunity General Manager – Private Equity to lead strategy development and decision implementation across the Private Equity component of the Unlisted Assets investment program. This is a senior leadership opportunity for someone ready to take ownership of a full asset class, with direct accountability for portfolio outcomes, fee negotiation, ESG integration and the leadership of the Private Equity team.

Reporting to the Head of Portfolio Management and working closely with the General Manager – Property and General Manager – Infrastructure, this role sits within the Investment Management leadership team and carries genuine influence over how HESTA's Private Equity strategy is shaped and delivered. It's suited to someone who combines deep technical credibility in private equity investment with a proven track record of leading and developing high‑performing teams through periods of change.

What you'll be doing

• Directing strategy development across Private Equity, consistent with Board and CIO approvals, and overseeing delivery of investment and governance outcomes
• Leading asset management for Private Equity, including governance, operations, reporting, valuation, and negotiating fee reductions with managers
• Driving ESG integration into manager and asset selection and monitoring processes across the Private Equity portfolio
• Leading the Private Equity team, including performance and development planning, coaching, and building an effective team capable of delivering business outcomes
• Contributing as a member of the Investment Management leadership team to broader business strategy, planning and cultural initiatives across Investments

What you'll bring

• Significant experience and track record managing a portfolio of direct equity or debt investments in private equity
• Deep knowledge of the return and risk characteristics of unlisted equities and direct business dynamics in private equity
• Significant experience analysing fund managers and portfolios at a super fund, fund manager or research house
• A proven track record in people leadership, including supporting, engaging, retaining and leading a technical high‑performing team through periods of significant change
• Experience developing portfolio sector strategy, sourcing investment opportunities, and overseeing outsourced and insourced investment analysis
• An undergraduate and postgraduate qualification in finance, mathematics or a related field; CFA completion or a Master of Finance is well regarded, though not essential

Benefits that matter and make a difference for our employees

• Leave for those moments that matter, an additional 6 days of leave at the end of year, up to 6 days paid volunteer leave, gender neutral paid parental leave of 20 weeks, Gender Affimation leave, reproductive health and wellbeing leave, Cultural and Ceremonial leave. Access your LSL after 3 years, take AL at half pay, and purchase up to 2 weeks additional leave (just to name a few!).
• Your Professional development matters, up to $5k per year professional development and up to 8 days professional development leave, HESTA scholarships and free access to a range of premium learning tools.
• Your health and wellbeing matters, free annual flu shots and skin checks, incredible social events throughout the year and a comprehensive employee assistance program available 24/7.
• Your financial wellbeing matters, up to 15% super, financial planning support, end of year payment for all Enterprise Agreement‑covered employees, incentivised Employee Referral Program and novated lease options.

We celebrate, value and include people of all backgrounds, genders, identities, cultures and abilities. We welcome and support applications from First Nations people, physically, neuro or culturally diverse, LGBTQI+, and people of any age. We are proud to be WGEA accredited as an Employer of Choice for Gender Equity.

We want all candidates to feel safe, included and provided with the best opportunity to thrive, if you require reasonable adjustments during your application or throughout the recruitment process, please reach out to a member of the Talent team [e-mail] and we’ll call you to discuss.

Please note: Applications via recruitment agencies will not be accepted for this position

HESTA Superannuation Fund Number (SFN): 129638949. HESTA Australian Business Number (ABN): 64 971 749 321