California Public Employees’ Retirement System (CalPERS) is a global institutional investor and the nation’s largest public pension fund, with assets of approximately $495.09 billion as of March 25, 2024. Headquartered in downtown Sacramento, we are a destination employer with an international reputation for leadership and innovation. At CalPERS, we’re committed to people – the people we serve, our team members, and the larger community around us. CalPERS is situated near the Napa Valley, San Francisco, Lake Tahoe, and other desirable destinations, and we offer competitive benefit packages, compensation, and opportunities for advancement. Our people are deeply committed to our Mission & Vision and their decisions and actions are guided by our Investment Beliefs.

Our Private Equity Team is currently seeking an Investment Director (ID) who will be responsible for the partial administration of the Private Equity program and will work with and/or coordinate the work of INVO staff. The ID is expected to fully comply with all federal and state laws and regulations, as well as CalPERS Policies and Procedures, as approved by the Investment Committee and/or the full Board of Administration.

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.

Job Type: Full-time

Pay: $20,062.50 - $33,437.50 per month

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Retirement plan
• Vision insurance

Work setting:

• Hybrid work

Ability to Relocate:

• Sacramento, CA 95811: Relocate before starting work (Required)

Work Location: Hybrid remote in Sacramento, CA 95811