Private Equity MD — Foundation Investment Leader

Automatic Data Processing, Inc.; New York (NY); On-site; USD 425,000 - 475,000; Full time

Benefits offered by this job

Health insurance

Retirement plan

Wellness program

Paid time off

Job summary

The Andrew Carnegie Foundation is seeking a Managing Director of Private Equity in New York to lead private markets investing with focus on buyout, growth, and venture strategies. You will drive underwriting, manager relationships, and portfolio outcomes alongside the CIO and Investment Committee.

This executive role demands deep experience, strategic judgment, and a collaborative leadership style to steward the Foundation's assets and advance its mission.

Qualifications

• 15-20 years of investment industry experience.
• 10-15 years of private markets direct or institutional investing experience.
• Experience at endowment, foundation, family office, or OCIO.

Responsibilities

• Source, underwrite, and build lasting partnerships with exceptional managers.
• Lead underwriting and recommendations within assigned areas for CIO/Investment Committee.
• Balance portfolio risk, return, liquidity, diversification, and costs across strategies.
• Mentor and develop investment team members and cultivate external relationships.

Job description

The Andrew Carnegie Foundation is seeking a Managing Director of Private Equity in New York to lead private markets investing with focus on buyout, growth, and venture strategies. You will drive underwriting, manager relationships, and portfolio outcomes alongside the CIO and Investment Committee.

This executive role demands deep experience, strategic judgment, and a collaborative leadership style to steward the Foundation's assets and advance its mission.