Portfolio Manager, Private Debt

InforCapital, partnership; Santa Fe (NM); On-site; USD 145,000 - 260,000; Full time

Job summary

The New Mexico State Investment Council in Santa Fe, NM, is hiring a Portfolio Manager for its Private Debt Program. You will act as the primary investment execution partner, managing the full lifecycle of manager relationships within the portfolio.

Responsibilities include translating asset class strategy into sourcing, underwriting, and monitoring; leading due diligence; and contributing to portfolio construction through analysis of manager fit, liquidity, and expected returns.

Qualifications

• Bachelor's degree in finance, economics, or related field.
• Experience in institutional investing, asset management, manager research, or investment consulting.
• Preferred: MBA, CFA, CAIA, or FRM; prior sovereign wealth fund/public pension/endowment experience.

Responsibilities

• Act as the Asset Class Director's investment execution partner, translating asset class strategy into sourcing, underwriting, recommendations, and manager monitoring.
• Maintain a strong pipeline of prospective managers and lead due diligence across investment, organizational, operational, governance, and performance factors.
• Develop clear, actionable investment recommendations and support implementation of approved decisions across investment, legal, operations, and risk functions.
• Oversee day-to-day monitoring of assigned managers, identifying material developments, emerging risks, and changes in conviction.
• Contribute to portfolio construction through analysis of manager fit, diversification, liquidity, fees, and expected returns.

Skills

Investment research

Manager due diligence

Underwriting

Portfolio analysis

Monitoring risks

Education

Bachelor's degree in Finance/Economics

MBA/CFA/CAIA (preferred)

Job description

# Portfolio Manager, Private DebtNew Mexico State Investment CouncilVPPrivate CreditOn-siteLocationSanta Fe, United StatesCompensation$145,000-$260,000 (commensurate with experience)Date PostedSeptember 18, 2026RegionAmericasStay ahead of the marketGet instant notifications when new job openings matching \"Private Credit / VP jobs in Santa Fe, United States\" are published.## About This Role**Role Overview**The New Mexico State Investment Council (NMSIC) — one of the largest and fastest-growing sovereign wealth funds in the United States, with a team of about 40 investment professionals — is hiring a Portfolio Manager for its Private Debt Program. The role serves as the primary investment execution partner to the Asset Class Director, managing the full lifecycle of manager relationships within NMSIC's private credit portfolio.**Key Responsibilities**- Act as the Asset Class Director's investment execution partner, translating asset class strategy into sourcing, underwriting, recommendations, and manager monitoring- Maintain a strong pipeline of prospective managers and lead due diligence across investment, organizational, operational, governance, and performance factors- Develop clear, actionable investment recommendations and support implementation of approved decisions across investment, legal, operations, and risk functions- Oversee day-to-day monitoring of assigned managers, identifying material developments, emerging risks, and changes in conviction- Contribute to portfolio construction through analysis of manager fit, diversification, liquidity, fees, and expected returns**Qualifications**- Relevant bachelor's degree; professional experience in institutional investing, asset management, manager research, or investment consulting- Demonstrated experience in investment research, manager due diligence, underwriting, monitoring, or portfolio analysis- Preferred: MBA, Master of Finance/Economics, CFA, CAIA, or FRM; prior experience at a sovereign wealth fund, public pension fund, endowment, or comparable institutional investor**Compensation & Location**Base salary range of $145,000-$260,000 (commensurate with experience), based in Santa Fe, NM. NMSIC participates in the New Mexico Public Employees Retirement Association (PERA) plan.Apply for this Position