Principal, Investments- Endowments & Foundations
Glenmede
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Benefits offered by this job
Job summary
Glenmede seeks a Principal, Investments- Endowments & Foundations in Philadelphia, PA, to contribute to a $12B+ endowment and foundation investment program. The role starts focused on long-only public equities with growth into broader asset classes, collaborating with a dedicated investment team to drive due diligence, market research, and manager relationships.
The position is hybrid (4 days in the office in Philadelphia) with up to 50% travel.
Qualifications
- Bachelor's degree required.
- 5-7 years of relevant experience in an endowment, foundation or pension, asset management firm, investment company, bank or equivalent.
- MBA, CFA, or equivalent work experience.
Responsibilities
- Source and maintain a robust and creative pipeline of investment opportunities for potential inclusion in portfolios.
- Conduct due diligence on prospective opportunities, including analysis of investment strategy, process, organization, portfolio positions, and performance.
- Monitor and evaluate current portfolio positions, focused on organizational changes, performance, and risks of the invested fund managers.
Skills
Education
Tools
Job description
If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.
E&F Investment Strategy Full Time Exempt Professional Philadelphia, PA, US
8 days ago Requisition ID: 1452
For more than 65 years, Glenmede’s independent ownership, innovation and unwavering commitment to our clients have made us a trusted partner for private wealth, endowment & foundation, and investment management clients.
Our people are invaluable. Through a team-oriented environment, your knowledge, expertise and varied backgrounds contribute to thoughtful innovation. Our culture fosters opportunities for continuous career growth and development in all areas of the organization. Working at Glenmede, you will experience the infrastructure and resources of a large firm combined with the client and employee focus of an independently owned boutique.
Endowments & Foundations: Empowering our clients to achieve our mission and make a lasting impact.
Every endowment and foundation has a distinct set of values and a defining mission. As a long-standing partner, we share in those values, fully align with your vision and work as one to bring you innovative investment and advisory solutions. With the same goals in mind, we will work together to help position your assets for growth and support your organization to deliver on its commitments.
This position will operate in a hybrid work environment, 4 days per week in the office (Philadelphia, PA).This position will require ability and willingness to travel, as needed, up to 50%.
The Endowment and Foundation (E&F) investment team is responsible for over $12 billion in assets: approximately $7 billion for the Pew Charitable Trusts and $5 billion in E&F OCIO portfolios. The investment team has decades of experience investing with fund managers across all asset classes, including public equities, fixed income, hedge funds, buyouts, venture capital, real estate and natural resources. In addition to fund investing, the team also co-invests directly in companies and purchases assets in the secondary market.
This role is an outstanding opportunity for you to gain experience investing across asset classes as part of a world class investment team. You will work with Investment Directors in all asset classes performing market research and manager due diligence. The role begins focused on long-only public equities with the opportunity to become a generalist over time, as you reach the Investment Director level, you will develop specialization(s) based on your interests and skills. This position will develop long-term relationships with fund managers, peer investors, and other market participants.
- Source and maintain a robust and creative pipeline of investment opportunities for potential inclusion in portfolios.
- Conduct due diligence on prospective opportunities, including analysis of investment strategy, process, organization, portfolio positions, and performance.
- Monitor and evaluate current portfolio positions, focused on organizational changes, performance, and risks of the invested fund managers.
- Complete analytical reviews of strategies and asset classes.
- Stay abreast of market conditions and developments that may affect investment holdings and strategies.
- Contribute to Glenmede’s thought leadership through published research.
- Assisting in building the team’s reputation for professional excellence and credibility throughout the investment management community.
- Build a strong relationship network among investment funds and peers in a subset of investment verticals.
- Portray Glenmede and our clients as a desired investor to top-tier investment managers.
- Demonstrate by example high levels of ethics, professionalism, and teamwork.
- Bachelor's degree required.
- 5-7 years of relevant experience in an endowment, foundation or pension, asset management firm, investment company, bank or equivalent.
- MBA, CFA, or equivalent work experience.
- Strong quantitative and qualitative problem-solving and research abilities.
- Strong verbal and written communication skills, including comfort with public speaking.
- Ability to work both independently and within the team and across the organization in a collaborative manner.
- Ability to network externally.
- Proficiency in Excel and ability to learn new technology quickly.
Headquartered in Philadelphia, PA, Glenmede has 9 office locations in the US. For further information, please visit http://www.glenmede.com .
Our Benefits Overview:
-Competitive health and welfare benefits, including company HSA contributions
-Numerous voluntary benefit choices available
-Company subsidized commuter benefits
-Generous paid time off, including parental leave
Glenmede is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to any legally protected characteristics. To learn more about Glenmede’s policy on equal employment opportunity, please visit https://www.glenmede.com/equal-opportunity-employer/ .
Empowering Financial Futures.
For more than 65 years, Glenmede’s independent ownership, innovation and unwavering commitment to our clients have made us a trusted partner for private wealth, endowment & foundation, and investment management clients.
Our people are invaluable. Through a team-oriented environment, your knowledge, expertise and varied backgrounds contribute to thoughtful innovation. Our culture fosters opportunities for continuous career growth and development in all areas of the organization. Working at Glenmede, you will experience the infrastructure and resources of a large firm combined with the client and employee focus of an independently owned boutique.
Endowments & Foundations: Empowering our clients to achieve our mission and make a lasting impact.
Every endowment and foundation has a distinct set of values and a defining mission. As a long-standing partner, we share in those values, fully align with your vision and work as one to bring you innovative investment and advisory solutions. With the same goals in mind, we will work together to help position your assets for growth and support your organization to deliver on its commitments.
This position will operate in a hybrid work environment, 4 days per week in the office (Philadelphia, PA).This position will require ability and willingness to travel, as needed, up to 50%.
The Endowment and Foundation (E&F) investment team is responsible for over $12 billion in assets: approximately $7 billion for the Pew Charitable Trusts and $5 billion in E&F OCIO portfolios. The investment team has decades of experience investing with fund managers across all asset classes, including public equities, fixed income, hedge funds, buyouts, venture capital, real estate and natural resources. In addition to fund investing, the team also co-invests directly in companies and purchases assets in the secondary market.
This role is an outstanding opportunity for you to gain experience investing across asset classes as part of a world class investment team. You will work with Investment Directors in all asset classes performing market research and manager due diligence. The role begins focused on long-only public equities with the opportunity to become a generalist over time, as you reach the Investment Director level, you will develop specialization(s) based on your interests and skills. This position will develop long-term relationships with fund managers, peer investors, and other market participants.
- Source and maintain a robust and creative pipeline of investment opportunities for potential inclusion in portfolios.
- Conduct due diligence on prospective opportunities, including analysis of investment strategy, process, organization, portfolio positions, and performance.
- Monitor and evaluate current portfolio positions, focused on organizational changes, performance, and risks of the invested fund managers.
- Complete analytical reviews of strategies and asset classes.
- Stay abreast of market conditions and developments that may affect investment holdings and strategies.
- Contribute to Glenmede’s thought leadership through published research.
- Assisting in building the team’s reputation for professional excellence and credibility throughout the investment management community.
- Build a strong relationship network among investment funds and peers in a subset of investment verticals.
- Portray Glenmede and our clients as a desired investor to top-tier investment managers.
- Demonstrate by example high levels of ethics, professionalism, and teamwork.
- Bachelor's degree required.
- 5-7 years of relevant experience in an endowment, foundation or pension, asset management firm, investment company, bank or equivalent.
- MBA, CFA, or equivalent work experience.
- Strong quantitative and qualitative problem-solving and research abilities.
- Strong verbal and written communication skills, including comfort with public speaking.
- Ability to work both independently and within the team and across the organization in a collaborative manner.
- Ability to network externally.
- Proficiency in Excel and ability to learn new technology quickly.
Headquartered in Philadelphia, PA, Glenmede has 9 office locations in the US. For further information, please visit http://www.glenmede.com .
Our Benefits Overview:
-Competitive health and welfare benefits, including company HSA contributions
-Numerous voluntary benefit choices available
-Superior 401k match
-Tuition reimbursement
-Company subsidized commuter benefits
-Generous paid time off, including parental leave
-Plus more!
Glenmede is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to any legally protected characteristics. To learn more about Glenmede’s policy on equal employment opportunity, please visit https://www.glenmede.com/equal-opportunity-employer/ .
** We are not seeking agency assistance with this role. No agencies, third parties, or phone calls, please. Glenmede is not accepting unsolicited resumes from search firms. All resumes submitted by search firms to any employee at Glenmede via-email, the Internet, or directly without a valid written search agreement will be deemed the sole property of Glenmede, and no fee will be paid in the event the candidate is hired by Glenmede.
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