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Senior Director – Alternative Investments, Pension & Investments
Location: Oakland, CA
Job Number: 938085
Date Posted: 2/24/2021

Follow Link To Apply: https://www.kaiserpermanentejobs.org/job/oakland/senior-director-pension-and-investments/641/18864290

Description:
The Senior Director will help lead Kaiser Permanente’s Alternatives portfolios to advance its mission of high-quality, affordable Healthcare.  Kaiser Permanente’s Alternatives Program includes primary fund, secondary, and co/direct investments in Private Equity (Buyout, Growth, Venture), Private Credit, Real Assets (Real Estate, Natural Resources, Infrastructure), Absolute Return, and Impact Investing.  Kaiser Permanente has two main capital pools: (1) Kaiser Permanente Retirement Plans and (2) Kaiser Foundation Hospitals, which combined total approximately $150 billion. 

Basic Qualifications:
  • Minimum of twelve (12) years of progressive, relevant experience
  • Bachelor’s degree in business, finance, accounting, or a related field

Preferred Qualifications:
  • Advanced degree in finance, economics, business, or a related field
  • Professional certifications (e.g., CFA, CAIA, ILPA Level II)
  • Experience (ideally at least 15 years) managing institutional portfolios, preferably on behalf of limited partners with a large Alternatives allocation
  • History in multiple Alternative asset classes, such as Buyout, Private Credit, Real Assets, and Venture
  • Exceptional quantitative and qualitative skills to evaluate asset class, fund, and individual company investment decisions
  • Superior risk management capabilities, including experience with Aladdin
  • Experience serving on Limited Partner Advisory Committees
  • Strong written, oral, and PowerPoint presentation skills, including experience in presenting to investment committees/boards and designing both template and bespoke reports
  • Extensive understanding of investment performance and calculation processes
  • A deep and broad professional network
  • Unwavering honesty and integrity

Principal Responsibilities:
  • Serve as a senior investment professional covering all Alternative asset classes
  • Source new investment opportunities (primary funds, secondaries, co-investments, direct investments) through research and leveraging professional networks
  • Conduct investment diligence using both quantitative and qualitative analysis of specific investment opportunities and their portfolio fit
  • Review, interpret, and incorporate operational due diligence assessments from third-party vendors to advance manager analysis
  • Present investment opportunities to Investment Committees
  • Lead legal due diligence and counsel review of individual investments
  • Manage existing portfolios, including monitoring manager performance, fostering partnerships, serving on advisory committees, and adapting risk tools to Alternatives 
  • Represent Kaiser Permanente in the investment community in accord with the highest professional standards
  • Support the Executive Director – Head of Alternative Investments (ED) with asset allocation within the Alternatives asset classes and portfolio evaluation of each asset class
  • Assist the ED with designing template and bespoke reports to facilitate investment decisions by the Vice President – Head of Pensions and Investments (VP) and Investment Committees
  • Mentor less-senior team members
  • Keep current on knowledge of capital markets with an eye toward non-Traditional investments
  • Assist the ED with special research projects

Employees

Joseph Kirikian, CFA

Manager

Bahrain

Manager

Vyvian Heath

Investor | Pension

Investor | Foundation

Investor | Insurance Co.

Investor | Foundation