Director, Private Infrastructure

ImpactAlpha; New York (NY); Hybrid; USD 180,000 - 280,000; Full time

Benefits offered by this job

Superior retirement program

Health insurance coverage

Wellness program offerings

Work‑life balance benefits

Incentive programs

Professional development

Career development pathways

Total Rewards package

Job summary

Nuveen, a TIAA company, seeks a Director for Private Infrastructure investments to lead portfolio management and deal execution across transportation, energy, and digital assets. You will represent Nuveen on boards, drive due diligence, and coordinate governance discussions with senior teams.

The role emphasizes collaboration with research staff, financial modeling throughout the lifecycle, and value creation while mitigating downside risk for the portfolio. MBA/CFA is preferred.

Qualifications

• 3+ years in institutional private equity with portfolio management and client reporting.
• Experience in infrastructure assets and deal execution lifecycle.
• Strong financial modeling and governance exposure.
• Excellent verbal and written communication and teamwork.
• MBA or CFA is preferred for seniority and leadership responsibilities.

Responsibilities

• Prepare for sourcing, investment committee presentations, and monitoring meetings.
• Support portfolio manager in client reporting and cross‑functional inquiries.
• Perform quantitative and qualitative investment analysis for external clients.
• Lead due diligence and deal teams for new fund commitments and co‑investments.
• Oversee governance topics like budgets, business plans, and financing.

Skills

Portfolio management

Financial modeling

Investor relations

Due diligence

Strategic budgeting

Education

MBA or CFA preferred

University degree preferred

Job description

About Nuveen, a TIAA company

Nuveen is a global investment leader managing public and private assets for clients worldwide and on behalf of TIAA, its parent company and one of the world’s largest institutional investors. The firm operates as a subsidiary of TIAA, which has over 100 years of history delivering financial services to institutional investors, particularly in the education, research, medical, and cultural sectors. Nuveen specializes in investing in the growth of businesses, real estate, infrastructure, and natural capital, providing clients with reliability, access, and strategic foresight unique to its heritage and market position. The organization is committed to innovation and adaptation to meet the evolving needs of investors in a changing global economy. Nuveen’s investment approach focuses on delivering lasting performance for its clients, communities, and the broader global economy. The firm maintains a collaborative workplace culture emphasizing teamwork across organizational boundaries with shared purpose. This environment accelerates innovation and enables employees to develop through meaningful learning experiences and career development pathways. TIAA’s values—Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One—guide decision-making and how teams work together to serve clients daily. The organization is equally committed to the well‑being of its associates as it is to its clients’ financial well‑being. TIAA and Nuveen offer comprehensive Total Rewards packages designed to support associates’ physical, emotional, and financial well‑being. The company maintains a drug‑free and smoke‑free workplace and is an Equal Opportunity Employer that does not discriminate based on age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

About this Role

As a Director for Private Infrastructure investments, this role focuses on portfolio management and monitoring of private fund and joint venture equity investments across transportation, power, digital, social infrastructure, conventional and renewable energy sectors. The position involves supporting asset management of existing portfolio holdings, including representing Nuveen on the boards of portfolio companies and on Limited Partner Advisory Committees (LPACs). The Director will serve as a deal lead for sourcing, underwriting, and conducting due diligence on new investments, including direct equity joint ventures, new fund investments, and co‑investments with select General Partners. This encompasses engagement in governance discussions including annual budgets, business plans, financing and capital raising initiatives, company staffing needs including compensation matters, and legal and compliance issues. The role requires close collaboration with senior research and analysis staff on various infrastructure and energy‑related investments, including financial modeling throughout the investment lifecycle, with particular focus on energy transition assets, transportation infrastructure, and digital infrastructure investments. The Director will engage with internal and external business partners to monitor portfolio activities, drive value creation opportunities, and ensure downside protection for the portfolio. The position includes directing deal teams of junior associates and analysts on performance analysis, financial modeling, and transaction structuring for co‑investment opportunities, while driving legal documentation, negotiation, and investment structuring processes.

Responsibilities

• Prepare for and attend sourcing, investment committee presentations, and monitoring and surveillance meetings
• Assist portfolio manager in client reporting and responding to inquiries from business partners in Risk, Accounting, and Finance
• Perform quantitative and qualitative analysis for investments to share with external clients and internal business partners including portfolio managers, legal, and compliance
• Engage in portfolio activities including firm representation at investor board meetings and portfolio management reviews with the portfolio manager and external clients
• Engage in a variety of governance topics including annual budgets, business plans, financing and other capital raising discussions, company staffing needs including compensation, legal and compliance matters
• Work closely with senior staff in research and analysis including financial modeling through the investment life on various infrastructure and energy‑related investments including macro and portfolio trends
• Engage with internal and external business partners to stay on top of portfolio activities and drive value creation opportunities and downside protection for the portfolio
• Maintain investment performance databases and files
• Act as a deal lead on the due diligence process for new fund investments and co‑investment opportunities
• Direct deal teams of junior associates and analysts on relevant performance analysis, financial modeling, and transaction structuring for co‑investment opportunities
• Drive legal documentation, negotiation, and investment structuring
• Source transactions through industry contacts and assess them through the investment funnel to adequately assess portfolio fit and team resource capacity
• Lead the underwriting and analysis for primary General Partner fund commitments and co‑investments

Requirements

• 3 or more years of institutional private equity investment experience with emphasis on portfolio management, reporting, and client relationship management across direct joint ventures, General Partner fund commitments, and co‑investments
• Prior investment experience with infrastructure assets
• University degree preferred
• Sedentary work physical requirements (Career Level 7IC)
• Master of Business Administration (MBA) or Chartered Financial Analyst (CFA) preferred
• 8 or more years of institutional private equity investment experience with emphasis on portfolio management preferred
• Prior experience with capital markets, credit, and junior capital structuring preferred
• Proven ability to drive multiple portfolio investment decisions in a time‑critical, asset‑oriented environment
• Knowledgeable of current trends, success factors, industry participants, and structure terms across the infrastructure and energy investment markets
• Demonstrated experience developing and using financial statement analysis and financial modeling
• Strong knowledge of accounting and finance with the ability to monitor operating budgets and business plans for underlying portfolio companies
• Excellent verbal and written communication skills
• Willingness to work hard in a team‑oriented, performance‑based environment
• Self‑starter that requires limited oversight in the completion of individual projects and managing deadlines

Benefits

• Superior retirement program
• Highly competitive health insurance coverage
• Wellness program offerings
• Work‑life balance benefits
• Participation in incentive programs linked to performance including annual discretionary incentive programs and non‑annual sales incentive plans
• Professional development and meaningful learning experiences
• Career development pathways
• Comprehensive Total Rewards package designed to support physical, emotional, and financial well‑being