Senior Private Equity Portfolio Manager, Institutional Impact

New Mexico State Investment Council; Santa Fe (NM); On-site; USD 145,000 - 260,000; Full time

Benefits offered by this job

Competitive salary

Paid holidays

PERA plan

Professional development

Job summary

The New Mexico State Investment Council (NMSIC) seeks a Portfolio Manager to support the National Private Equity Program as the primary execution partner to the Asset Class Director. You will manage the full lifecycle of manager relationships, perform due diligence, and shape actionable recommendations for portfolio construction in a large sovereign wealth fund based in Santa Fe, NM.

Reporting to the Asset Class Director, you will monitor day-to-day manager performance, analyze risk and

Qualifications

• Relevant professional experience in institutional investing or asset management.
• Experience conducting investment research, due diligence, underwriting, monitoring, or portfolio analysis.
• Ability to translate analysis into clear investment conclusions for senior professionals.
• Strong written and verbal communication skills.

Responsibilities

• Respond to administrative requests, prepare correspondence, format documents, and maintain templates.
• Draft and distribute internal communications, announcements, and meeting notices; review documents for clarity and professionalism.
• Develop and maintain standard operating procedures, templates, and process improvements for recurring administrative functions.
• Serve as the ACD's investment execution partner, translating asset class direction 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 asset class portfolio construction through analysis of manager fit, diversification, liquidity, fees, and expected returns.
• Maintain high-quality documentation and operate within the Fund's Manager Risk framework.
• Provide team leadership through technical excellence, ownership of workstreams, mentoring, and constructive challenge.

Skills

Investment due diligence

Portfolio analysis

Communication skills

Education

MBA or relevant graduate degree

Job description

The New Mexico State Investment Council (NMSIC) seeks a Portfolio Manager to support the National Private Equity Program as the primary execution partner to the Asset Class Director. You will manage the full lifecycle of manager relationships, perform due diligence, and shape actionable recommendations for portfolio construction in a large sovereign wealth fund based in Santa Fe, NM.

Reporting to the Asset Class Director, you will monitor day-to-day manager performance, analyze risk and