The Alaska Permanent Fund Corporation (“APFC”) manages the $78 billion Alaska Permanent Fund, a sovereign endowment established in 1976 to provide for all current and future generations of Alaskans. We are growing  and plan to add several experienced and talented investors to our investment team. Below you will find the basic responsibilities and qualifications for these positions and an overview of the primary private markets strategies for which we are hiring.

The Senior Investment Analyst reports to the Director of Private Equity and shares responsibility for identifying, analyzing, selecting, monitoring, and managing private equity fund investments, co-investments, and direct investments into operating companies. The Private Equity team is dedicated to the creative development and responsible management of superior and durable investment portfolios. By combining best-in-class manager selection with the ability to strategically deploy capital directly into attractive opportunities, the Private Markets team seeks to deliver accretive, risk-adjusted returns over the long term.

KEY RESPONSIBILITIES

• Source, screen and evaluate prospective fund and co-investment opportunities
• Perform detailed due diligence on opportunities in a range of areas including: manager, team and strategy assessments; valuation and sensitivity analysis; market analysis; and other tools to identify and assess investment risks and merits
• Synthesize results of screening and due diligence into investment memos and present findings to senior team members and the Investment Committee
• Develop additional analytical tools and frameworks to assess potential investments, investment themes, portfolio construction, and investment pacing
• Prepare and assist with research on investment themes and special projects
• Prepare materials for, and participate in, internal meetings, due diligence meetings and board meetings
• Monitor and manage current investments and pipeline
• Assist in the development board meeting material
• Develop and maintain relationships with industry participants including other limited partners, general partners, and industry thought leaders through participation in annual meetings, advisory committee meetings, industry conferences and other ad hoc meetings and events

INVESTMENT STRATEGIES

In Private Equity, APFC makes fund investments, co-investments, and direct investments in private equity, venture capital, and other illiquid, alternative investment opportunities. The team oversees the investment process from opportunity identification through evaluation, structuring, negotiation, execution, management, and exit. We aim to establish and develop robust and lasting relationships with exceptionally talented fund managers and help them create value in their partnerships and intheir portfolios. For co-investments, we focus on non-control positions well- diversified across company stage, industry, and geography in growing, innovative companies.

Additionally, we leverage our scale and stable, long-term capital to source, evaluate and execute high conviction, higher concentration, theme-driven investments. The team operates with a flexible mandate centering primarily around situations stemming from unusual supply and demand imbalances, capital flight, structural complexities, or unique opportunities with asymmetric payoffs.  Investments cover a wide spectrum, including directly sourced venture capital, real estate and private equity transactions, strategic co-investments alongside GPs, and ownership stakes in differentiated investment management firms.

The combined Private Equity portfolio represents a 17% target allocation of the overall fund and is currently approximately 19%.

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may be added, removed or changed at any time with or without notice.

AAP / EEO STATEMENT

APFC provides equal employment and advancement opportunities to all. APFC follows all applicable Federal and State laws and does not discriminate in employment opportunities or practices on the basis of race, color, religion, gender, gender orientation, national origin, age, disability, or any other class protected by law.