Texas Municipal Retirement System seeks a head of private markets
The Texas Municipal Retirement System (TMRS) is seeking to hire a head of private markets.
TMRS is looking for a candidate who has management experience and has made investment decisions for more than 10 years. The candidate must have a bachelor’s degree in finance, economics, accounting or a related field. An advanced degree or certification is preferred.
The head of private markets will manage a four-person team that includes the portfolio directors of private equity, infrastructure and direct investments, as well as an analyst to support analytical efforts.
The role entails leading the private market portfolio team and guiding fund selection, direct investments and portfolio construction.
Additionally, the head of private markets will be a voting member of the four-person staff investment committee, will provide management and mentorship for colleagues, will negotiate investment contracts for funds and direct investments, will contribute to team-wide