Position Summary

TMRS is currently hiring a talented Head of Private Markets to lead the private markets team in Austin. The role will be leading TMRS efforts in sourcing, selecting, executing, and managing a global private markets portfolio of scale. TMRS’ asset allocation has a target of 48% private markets, including private equity (13% target), private credit (13%), real estate (12%), infrastructure (6%), and other private markets (4%). 44% of the total portfolio is currently invested in private markets. You will be expected to have a demonstrated track record of fund and direct investing across multiple private market asset classes, a history of leadership and mentoring, and an instinct for being an organizational and motivational force within a team construct. Beyond private markets, the role will contribute to teamwide portfolio management efforts across all TMRS’ investments.

 

Company Information

The Texas Municipal Retirement System (TMRS) is a statewide public retirement system established in 1948 to provide retirement, disability and death benefits to employees and retirees of participating Texas cities. TMRS manages $40 billion in assets for more than 925 Texas cities. TMRS provides excellent compensation and benefits. Benefits include competitive compensation, medical, dental and vision insurance provided at no cost for employees, flexible scheduling, twelve paid holidays, a modern and centrally located office, a generous leave program, remote work opportunities, and membership in TMRS’ pension plan.

 

———

POSITION DETAILS