Sustainable Investment Portfolio Manager

Under the direction of the Investment Director (ID), the Investment Manager (IM) will support the ID and have shared responsibility for the sustainable investment portfolio, implementing the governance structure to support the investment, and portfolio management functions. For the Sustainable Investments function, the IM will be both an investor using an allocation to the SI unit (primarily for investments in Private Equity funds and co-investments with such funds), and an advisor to the other Asset Classes on sustainable investment opportunities.

The IM will maintain a positive team management approach while demonstrating CalPERS’ Core Values of Quality, Respect, Integrity, Openness, Accountability, and Balance in accordance with personal work ethic in alignment with CalPERS Investment Beliefs.

Duties Include:

• Support the SI Leadership Team in developing, leading, and implementing a sustainable investment portfolio.
• Develop governance structure to support the investment and portfolio management functions.
• Responsible for portfolio management and ultimately contributing to alpha generation by using sustainability themed investment strategies, including climate-related investment opportunities.

Telework Information: This position is eligible for hybrid work schedule, with up to two days of remote work and three days or more onsite, per week.

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You will find additional information about the job in the Duty Statement.