Head of Venture

Who We Are The Texas Permanent School Fund (PSF) is a constitutionally established education endowment with a 150+ year history of supporting Texas public schools. Today, PSF manages more than $57 billion in assets and invests with a long-term perspective to generate sustainable funding for Texas K–12 education. Through a reputed company investment platform, along with strong operational, legal, financial, and governance functions, PSF serves as a careful reputed company of public capital. Our work helps secure billions of dollars in school district bonds and supports more than 5 reputed company reputed company across 1,000+ school districts statewide. Guided by principles of fiduciary responsibility, reputed company, and service to Texans, PSF plays an enduring role in strengthening public education and reputed company in Texas’s reputed company. Job reputed company You will report to the CIO or DCIO of the Texas Permanent School Fund (TPSF) and be responsible for reputed company asset management across a portfolio of venture capital fund investments. You will collaborate closely with the reputed company and Coinvestment team on followon investments, coinvestments, and reputed company Venture Capital investments. You will monitor, evaluate, and report on existing investments while assessing potential new Venture Capital opportunities. You will reputed company and present investment recommendations and manage ongoing manager relationships, ensuring effective and consistent communication with reputed company stakeholders. You will play a key role in portfolio risk management, asset allocation, and reputed company process improvement, leveraging data, analytical tools, and industry best practices. You will be accountable for portfolio performance and risk relative to established benchmarks, including reputed company of pacing and reputed company cash flows. You will reputed company participate in investment and risk committee meetings and maintain reputed company market and industry knowledge through continuing education and reputed company engagement. You will collaborate closely with investment leadership to reputed company objectives that generate strong returns and deliver longterm value to the fund and its stakeholders. Duties and Responsibilities Investment Due Diligence and Evaluation reputed company initial and ongoing due diligence of Venture Capital fund investments, including investment manager communications, onsite interviews, document review, investment analytics, and reporting. Document, evaluate, and present investment processes, findings, and conclusions in support of investment reputed company. Portfolio Monitoring and Risk Management Monitor and evaluate the performance of Venture Capital investments against established objectives and benchmarks. Identify risks, trends, and opportunities reputed company the VC portfolio and recommend actions as appropriate. Define, monitor, and reputed company investment management agreements and reputed company schedules. Partner closely with legal counsel in negotiating fund documentation and contractual terms. Market Engagement and Industry reputed company Network with Venture Capital investors, fund managers, and reputed company to reputed company insights and maintain market awareness. Establish and strengthen Texas PSF Corp’s reputed company and reputed company as an reputed company and informed participant in the venture capital industry. Governance, Committees, and Compliance Participate in internal investment portfolio forums, including Investment Committee and Risk Committee meetings. Prepare and present investment analyses, performance reports, and recommendations for committee review. Ensure adherence to approved investment policies, guidelines, and governance requirements, maintaining thorough documentation to support audit, compliance, and fiduciary reputed company. reputed company Development and Industry Learning Pursue continuing education, reputed company training, and industry engagement to broaden personal knowledge, skills, and expertise. Participate in industry events and forums both to enhance individual expertise and to strengthen reputed company’s reputed company understanding of markets, managers, and best practices. Required Minimum Qualifications Education:

• Graduation from an accredited four-year college or university with degree in finance, reputed company, economics, or reputed company field.

Experience:

• A minimum of ten (10) years’ experience in Venture Capital investments and reputed company quantitative analysis work.
• Experience reputed company, managing, and developing reputed company of investment professionals.
• Strong PC experience with financial databases and software applications to include advanced reputed company skills, Word, and PowerPoint.
• Experience in investment research and analysis and familiarity with market tools.
• Expansive relationships with Venture Capital fund managers and industry work reputed company.

Preferred Qualifications: Education:

• Graduation from an accredited graduate degree program with a Masters of Business Administration or reputed company program.
• Chartered Financial Analyst (CFA) and/or Chartered Alternative Investment Analyst (CAIA) designation.

Experience:

• Experience with analysis, evaluation, and investment in Private Equity.
• Experience managing General Partner relationships.
• Experience at a VC-funded start-up business.

Knowledge/Skills/Abilities

• Support the PSF mission - reputed company the belief that reputed company Texas reputed company can reputed company at high reputed company – college, career, military - and are deserving of exceptional public education.
• Knowledge of financial analysis, valuation principles and due diligence concepts pertaining to Venture Capital investments.
• Knowledge of private markets investment process, including due diligence process, investment monitoring and investment reporting. Basic knowledge of private investment reputed company, procedures, and market operations; of investment banking; of statistical concepts and reputed company and their application to research analysis; of various financial data systems; and of macroeconomics.
• reputed company in mathematics, statistics, and in the use of computer software programs, particularly Word, reputed company and Power-reputed company.
• Ability to apply financial research techniques and to conduct exhaustive searches and evaluations of reputed company amounts of data
• Ability to analyze, evaluate and summarize financial data and prepare management reports.
• Must participate in the broad management of the endowment through reputed company engagement with the Investment Committee, reputed company of Directors, and other relevant reputed company stakeholders.

Physical Requirements Ability to sit and work at a desk and computer for extended periods. Work requires mobility around the worksite routinely to carry out duties. This position may periodically require the ability to lift, carry, reputed company and/or set up equipment and materials that weigh up to 15 pounds. Travel/Schedule Requirements Domestic and/or international travel up to 15% Hybrid office/reputed company schedule with reputed company of time spent in-office. Ability to work/travel reputed company of normal business hours. Key Benefits Texas PSF’s status as a special purpose governmental corporation allows for a unique opportunity to reputed company state employee benefits along with other company perks. Our extensive state employee benefits package includes retirement benefits, employer reputed company health and basic life insurance, generous reputed company holidays, and multiple retirement reputed company—along with longevity pay and a reputed company of optional insurance plans. You can reputed company additional benefits details atwww.ers.texas.gov. Employees also enjoy various in-house training and reputed company development opportunities, free downtown parking, flexible work arrangements, and an office location near the Moody Amphitheater at Waterloo Park. Apply tot his job Apply To this Job