What are the responsibilities and job description for the ASSOCIATE INVESTMENT MANAGER,PUBLIC EMPLOYEES` RETIREMENT SYSTEM position at Public Employees Retirement System?
Anticipated Interview Dates: We anticipate holding in-person interviews approximately one month after the final filing date. We look forward to meeting with you!
Our Sustainable Investments team is currently seeking an Associate Investment Manager to support the Investment Manager in overseeing the Emerging Manager Program and drive our CalPERS mission. For more information on emerging managers, please see the following link Emerging & Diverse Manager Program.
Duties include but are not limited to:
- Support the design and execution of CalPERS’ Emerging Manager Program across asset classes, including manager sourcing, evaluation, and implementation of standardized selection and reporting frameworks aligned with Total Fund objectives.
- Lead coordination and reporting for emerging manager initiatives, including preparation of legislative reports, the execution of external manager surveys, Investment Committee materials, and senior leadership briefings to ensure transparency, accountability, and program effectiveness.
- Drive internal and external engagement efforts, including communication with investment managers, advisors, and institutional stakeholders, to enhance program visibility, strengthen pipeline development, and support strategic partnerships.
Sponsorship: CalPERS does not participate in E-verify for employment authorization purposes.
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You will find additional information about the job in the Duty Statement.
You will find the Minimum Requirements in the Class Specification.
- ASSOCIATE INVESTMENT MANAGER,PUBLIC EMPLOYEES` RETIREMENT SYSTEM
- Job Application Package Checklist
- Duty Statement
Job Code #:
JC-515341
Position #(s):
275-091-4633-003
Working Title:
Emerging Manager Associate Investment Manager
Classification:
ASSOCIATE INVESTMENT MANAGER,PUBLIC EMPLOYEES` RETIREMENT SYSTEM
$10,937.50 - $18,229.17
This position is eligible for annual and long-term incentive awards. The annual incentive opportunity is 0-60% of salary and is based on the level of achievement against several quantitative and qualitative measures. The long-term incentive program provides an additional opportunity of 0-60% of base salary beginning after five years and when absolute total fund returns meet or exceed board-approved thresholds.
New to State candidates will be hired into the minimum salary of the classification or minimum of alternate range when applicable.
This position is eligible for annual and long-term incentive awards. The annual incentive opportunity is 0-60% of salary and is based on the level of achievement against several quantitative and qualitative measures. The long-term incentive program provides an additional opportunity of 0-60% of base salary beginning after five years and when absolute total fund returns meet or exceed board-approved thresholds.
# of Positions:
1
Work Location:
Sacramento County
Telework:
Hybrid
Job Type:
Permanent, Full Time
California Public Employees’ Retirement System (CalPERS) is a global institutional investor and the nation’s largest public pension fund, with assets of approximately $619.22 billion as of April 15, 2026. 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.
If you are interested in becoming part of a diverse and inclusive workforce where talent, experience, and expertise are valued, CalPERS invites you to apply for this employment opportunity. To find out more about our Diversity, Equity, and Inclusion efforts, visit our website!
To take a look at CalPERS as a destination employer, view this YouTube video.
If you are interested in becoming part of a diverse and inclusive workforce where talent, experience, and expertise are valued, CalPERS invites you to apply for this employment opportunity. To find out more about our Diversity, Equity, and Inclusion efforts, visit our website!
To take a look at CalPERS as a destination employer, view this YouTube video.