Senior Private Equity Portfolio Manager — Sovereign Fund

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

Benefits offered by this job

Competitive salary and robust benefits

Paid holidays

Generous PTO

Healthcare options

EAP access

Job summary

The New Mexico State Investment Council seeks a Portfolio Manager to support the National Private Equity Program and act as the primary investment execution partner to the Asset Class Director. You will manage the full lifecycle of manager relationships and build market expertise while maintaining an active external network.

Under senior leadership, you will evaluate managers, identify risks, and shape actionable recommendations to support portfolio construction, liquidity, and fee

Qualifications

• Experience in institutional investing or asset management with manager research.
• Ability to translate analysis into clear investment conclusions.
• Strong written and verbal communication for senior professionals.

Responsibilities

• Respond to and manage internal communications and documentation.
• Lead due diligence across investment and governance factors.
• Develop actionable investment recommendations and oversee implementation.
• Monitor day-to-day manager performance and risks.
• Contribute to asset class portfolio construction and diversification.

Skills

Investment research

Due diligence

Portfolio analysis

Communication

Team collaboration

Education

MBA

Master of Finance

Master of Economics

Job description

The New Mexico State Investment Council seeks a Portfolio Manager to support the National Private Equity Program and act as the primary investment execution partner to the Asset Class Director. You will manage the full lifecycle of manager relationships and build market expertise while maintaining an active external network.

Under senior leadership, you will evaluate managers, identify risks, and shape actionable recommendations to support portfolio construction, liquidity, and fee