Pension Fund Investment Analyst

I have an interview with a large state pension fund for an investment analyst role coming up. The team is pretty small, especially for the AUM of the fund, and I would be gaining exposure to a few different asset classes including equities, fixed income, PE, and hedge funds. I would also interact directly with fund managers on behalf of the pension as an analyst. From what I understand they mostly focus on manager selection and broad asset allocation/portfolio construction.

I'm wondering what the career progression would be after starting in a role like this. I go to a non-target state school in the Midwest and I am currently a CFA Level I Candidate. If I get the charter, what kind of opportunities would be available for someone starting in a role like this?

 

Hi econ2, hope I can help. Do any of these links cover what you're looking for:

  • Asset Management at PE fund or Acquisitions at Pension Fund end goal would be lodging acquisitions.-Acquisitions analyst at a pension fund (think CalPERS): Real ... estate allocation is invested in half direct properties half commingled funds-Analyst in asset management ... for an acquisitions job at a bigger PE fund or even a role in a REIB gaming & lodging group? My ...
  • First real estate job- Generalist at PE fund vs Acquisitions at Pension fund? to start off my career in real estate:-Acquisitions analyst at a top pension fund (think CalSTRS): ... fund is invested in half direct properties (JV deals/separate accounts) and half commingled ... funds-Analyst at a Private equity fund (1B AUM): Workload would be half acquisitions, half asset management End ...
  • Pension Fund Analyst I have the opportunity to interview with a state pension fund, was wondering what to expect pay ... wise and upward mobility wise? Junior investment analyst position in the alts space, mostly PE, ... structured loans, that type of thing. I think the fund does some of it's own structured lending and uses ...
  • "PE" @ Pension fund Vs. "PE" @ PE Firm Can anyone explain what the main difference is between an investment analyst role at a pension ... fund versus at a more traditional PE fund (i.e. bain cap, KKR, etc...)? Would the former essentially ... entail looking at investing in the latter? ...
  • Infra PE Analyst vs. Pension Fund Infra PE Analyst at BB Option 2) Well respected Infra PE firm (~10bn AUM) Option 3) PE role at Pension Fund ... 's in-house Infra Investment group (~20bn AUM) Option 2,3 are most compelling as these would entail direct ... investing in infra. Public fin role at BB isn't so attractive compared to 2 and 3 in my opinion. What ...
  • PE arm of Pension Fund (TIAA-CREF) Anyone have any experience with an investment analyst position coming out of undergrad for the PE ... arm of a Pension fund? If so what sort of pay, career progression, and exit ops are available? ... fund/co/secondaries, private placements, and infrastructure/ag/utilities investing experience for this position. If ...
  • Pension Fund Investment Analyst or Market Risk Associate Recently I got two offers, one is Pension Fund Public Equity Investment Analyst (same level as now), and ... would like to consider a top MBA in near future, which one fits me better? Pension Fund will only ... working as financial analyst in a quant team for 2.5 years, and would like to switch my career path. ...
  • Private Equity at Pension Fund (LP) Advice/Help or what is actually required as a Private Equity Analyst at a Pension Fund. Can anyone advice on the ... responsibilities a PE analyst can expect at a Pension Fund? If this job was at a GP then I assume LBO valuations, ... Private Equity team at a large Pension Fund. This Pension Fund is usually a Limited Partner and works wi
  • More suggestions...

Fingers crossed that one of those helps you.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Yes, I read through almost all of those before posting but I noticed they mostly covered PE without much consideration of other asset classes. I was wondering kind of exit ops exist after gaining exposure to a variety of asset classes at a large pension fund, particularly with equities and fixed income.

 

Okay thanks for clarifying that for me. I'm not all that interested in ending up in PE or at a hedge fund, and I would like to stay within investment management so it sounds like it could be a good fit for me. Within institutional investment management, would it be difficult to move outside of pension funds specifically? Or is it common to move to different types of institutions? Similarly I'm wondering how common it is to move over to the private sector after starting with a public fund.

 

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