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Senior Investment Analyst - Real Assets

Senior Investment Analyst - Real Assets

University of California - Office of the PresidentOakland, CA, United States
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Apply for Job Job ID 79908

Location Oakland

Full / Part Time Full Time

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Senior Investment Analyst, Real Assets

UC OFFICE OF THE PRESIDENT

The University of California, widely considered to be the world's premier public research university, is dedicated to excellence in teaching, research, and public service. The University of California Office of the President is the headquarters of its 10 campuses, six academic medical centers, and three national laboratories. Working at the University of California makes you part of a unique institution and a vibrant and diverse community. We are passionate people, serving the greater good. Learn more about the UC Office of the President

DIVISION OVERVIEW

The Office of the Chief Investment Officer of the Regents of the University of California (UC Investments) manages more than $190 billion of endowment, retirement, and working capital assets under the policies, guidelines, and performance benchmarks established by the UC Board of Regents. Our mission and our fiduciary duty compel us to always act in the best financial interests of the University of California and to uphold an agile and creative culture of respect and collaboration. The 10 foundational pillars of The UC Investments Way, which are outlined on our website and in our annual reports, underpin all that we do in service of the university and its stakeholders. We are long-term investors and, as such, each of us is a risk manager mindful of helping to ensure the continued vibrancy of our university system and the long-term financial health and well-being of our employees and retirees. Diversity, equity, and inclusion are among the core values of the University of California and its investments division. Our broad and inclusive recruitment efforts center on finding the best person for the position.

POSITION SUMMARY

The UC Investments real assets team manages a portfolio of over $3 billion focused on infrastructure, natural resources, and other diverse assets that are expected to grow significantly over the coming years. The Senior Investment Analyst will be responsible for supporting the team as it executes primary and secondary fund commitments, co-investments, and direct investments on a global basis. The role emphasizes overall analysis of fund and company investments for inclusion in the portfolio as well as ongoing monitoring and engagement with our portfolio companies.

UC Investments is a small team that believes strongly in collaboration. In addition to supporting the real assets team, the Senior Investment Analyst will frequently collaborate with colleagues across our private and public markets teams.

RESPONSIBILITIES

70% Investment Management :

  • Oversee a portfolio of general partner relationships, including both funds and co-investments, with accountability for reviewing quarterly reporting, producing bi-annual monitoring reports, attending annual meetings, visiting portfolio companies, and processing waivers / consents.
  • Analyze and conduct due diligence on primary funds and co-investments, including leading underwriting efforts, performing quantitative analysis, preparing investment memos, coordinating third party transaction support, and structuring / negotiating legal documents.
  • Build and develop a database of funds and portfolio companies to support comparable analysis and provide market intelligence.
  • Develop a network of peer professionals from the GP, LP and service provider communities.

15% Risk Management :

  • Analyze and manage risk within the overarching "Risk Rules" framework at UC Investments, which emphasizes leverage, liquidity, concentration, and worst-case downside risk.
  • Consult with the co-heads of real estate on the impact of an individual investment on the risk / reward of the entire portfolio.
  • Monitor capital calls and distributions and contribute to liquidity risk management within the portfolio.
  • 15% Other Duties :

  • Support UC student and faculty engagement initiatives, such as the UC Investments Academy.
  • Lead projects and assignments, as requested. These projects may include but are not limited to providing performance attribution, creating presentation materials, project management, and drafting memos and letters.
  • Provide additional support to other asset classes or senior leadership on an as-needed basis.
  • QUALIFICATIONS

    Required Qualifications

  • Strong quantitative skills that can be applied to generate independent analysis, build financial models, and integrate external quantitative data into internal systems. Review the quantitative work of other team members.
  • Excellent communication skills, including the ability to identify pertinent questions to elicit information and understanding from internal and external partners, as well as the ability to clearly articulate investment decision processes and results in a timely fashion.
  • Proficient at prioritizing multiple tasks and planning / managing projects in their entirety while ensuring they are delivered on time.
  • Ability to apply business / investment judgment when some data points are not provided.
  • Ability to develop investment forecasts.
  • Ability to modify decisions based on updated forecasts and changing data points.
  • Preferred Qualifications

  • Prior professional experience in consulting, corporate development, investment banking, real estate, energy & natural resources and / or infrastructure
  • Prior experience with the evaluation of secondary sales and purchases of limited partner interests
  • Strong financial modeling skills and fluency in understanding financial statements and models.
  • Working knowledge of limited partner legal agreements and key economic terms that affect investments.
  • Proficiency at relationship management and ability to build and utilize extensive personal network of industry contacts.
  • EDUCATION / EXPERIENCE :

    Required

  • Bachelor's degree in a related area
  • Five (5) years of relevant work experience and / or equivalent experience / training
  • Preferred

  • Graduate Degree (e.g. MBA or JD) and / or CFA or equivalent professional certification
  • SPECIAL CONDITIONS

    The selected candidate will be required to work onsite in Oakland, CA five days per week. The hire will be a current resident of California or be willing to relocate to California.

    Travel percentage - up to 20%

    SALARY AND BENEFITS

    Job Title

    Senior Investment Analyst (UCOP Job Classification REAL ASSETS INV ANL 3)

    Job Code

    005962

    Salary Grade

    Grade 43

    Payscale : $170,000 - $193,000

    The University of California, Office of the President, is required to provide a reasonable estimate of the compensation range for this role. This range reflects a wide range of factors that are considered in making compensation decisions including but not limited to experience, skills, knowledge, abilities, education, licensure and certifications and other business and organizational needs. It is not typical for an individual to be offered a salary at or near the top of the range for a position. Salary offers are determined based on final candidate qualifications and experience. The full salary range shows the growth potential for this position and the pay scale is the budgeted salary or hourly range that the University reasonably expects to pay for this position.

    Benefits : For information on the comprehensive benefits package offered by the University visit : Benefits of Belonging

    HOW TO APPLY

    Please be prepared to attach a cover letter and resume with your application.

    APPLICATION REVIEW DATE

    The first review date for this job is August, 11th, 2025. The position will remain open until it is filled.

    CONDITIONS OF EMPLOYMENT

    Background Check Process : Successful completion of a background check is required for this critical position. Background check process at UCOP

    Smoke Free Work Environment : The University of California, Office of the President, is smoke & tobacco-free as of January 1, 2014. UC Smoke & Tobacco Free Policy

    August 2021 Update : The University of California has issued a policy requiring employees to be fully vaccinated against COVID -19 before physically accessing the University location or programs. Upon hire into a UCOP position, you will be provided detailed instructions on how to comply with this policy including access to the COVID vaccination at no cost. New hires to UCOP who work onsite or will come onsite for any activities at a UCOP or other UC location must comply with this policy within 8 weeks after their start date. The policy allows for employees to request approval for an exception or deferral. UC COVID-19 Vaccine Policy

    EEO STATEMENT

    The University of California, Office of the President, is an Equal Opportunity / Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age or protected veteran status. EEO / AA Employer UC Nondiscrimination Policy

    The University of California, Office of the President, strives to make this job board accessible to all users. If you have comments regarding the accessibility of our website or need assistance completing the application process, please contact us at : Accessibility or email the Human Resource Department at : epost@ucop.edu.

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    Investment Analyst • Oakland, CA, United States

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