Investment Officer II – Private Equity

Are you looking for a position where the work is fast paced, challenging and assists CalPERS in sustaining its ability to pay benefits to the stakeholders of California? Our Investment Office, Private Equity (PE) Team is currently seeking an Investment Officer II (IO II) to assist the lead Investment Officer in the management and monitoring of global partnerships and direct investments.

Duties include but are not limited to:

  • Assists the lead Investment Manager (IM) in the management and monitoring of both partnership, direct investments, and co-investments via meetings with private equity companies.
  • Makes recommendations to the PE Team at the weekly PE Team Meeting and implements appropriate action with respect to amendments or other legal matters impacting assigned investments.
  • Conducts frequent meetings or corresponds with the assigned external management consultant, advisor, and/or legal expert, to conduct on-going diligence concerning the manager/investment/strategy.

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

How did you hear about this position? Tell us in this brief survey.

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

To apply for this job please visit

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