The University of Florida Investment Corporation (“UFICO”) promotes the educational and research purposes of the University of Florida (UF) by providing investment research, advice and management services to UF and its affiliated organizations. In doing so, UFICO serves as a fiduciary for the financial assets that have been entrusted in its care. UFICO manages assets totaling just over $6 billion including UF’s endowment pool, its long-term strategic reserves and certain operating funds Details below.
UFICO is seeking a highly motivated professional to serve as a member of the investment team. The Associate Director / Director will have a primary focus on researching and analyzing private investments (Private Equity, Venture, Real Estate, Private Credit, Infrastructure, etc.). S/he will work with the Senior Investment Director to oversee the allocation to private investments by identifying and sourcing investment opportunities, researching prospective investment managers, and evaluating current managers.
MAIN RESPONSIBILITIES
• Work with Senior Investment Director to lead the investment process responsible for investing across private markets (Buyout, Growth Equity, Venture, Distressed, Real Estate, Private Credit,
Infrastructure, Private Energy, etc.). Oversee ongoing monitoring of managers. Articulate key information and independent conclusions to investment team. Document appropriate information.
• Evaluate potential investment opportunities, including sourcing and evaluating external managers as well as keeping abreast of market conditions. Negotiate fees and terms on new investments.
• Support the Portfolio Management Team by developing models to support forward-looking expectations and scenario analysis. Oversee “nowcasting” of private investment valuations to estimate mispricings and secondary market opportunities. Assist with co-investments.
• Contribute to the asset allocation and risk allocation process through detailed understanding of the broader portfolio. Provide input on investment sizing decisions.
• Assist the operations and investment teams to ensure accurate accounting and performance data is maintained in the portfolio management system.
• Generate reports for both internal and external stakeholders, including monthly pro-forma reports and quarterly reports for the UFICO Board of Directors. Enhance reporting to meet evolving needs.
IDEAL QUALIFICATIONS
• Required: Bachelor’s degree. Preferable concentration in engineering, science, math, finance, economics or related quantitative/analytical field. Desired: Advanced degree / CFA, IA designation.
• Five to ten+ years’ experience at an asset manager, consulting firm, endowment/foundation, family office, Outsourced Chief Investment Officer (OCIO) or other sophisticated investment platform.
• Proficiency with Microsoft Office, specifically Excel and PowerPoint. Aptitude and willingness to learn new technologies: Backstop, Solovis, Bloomberg and other analytics and portfolio management tools.
• Strong quantitative analytical skills. Excellent written/verbal communication. Slide writing skills.
• Understanding of financial and investment concepts and portfolio statistics required.
• Demonstrated capacity of critical thinking and intellectual curiosity.
• Strong interest in supporting the work of a university endowment.
• Willingness to travel domestically and internationally if required (up to 25% travel expected).
• Intellectually curious, critical thinker, and team player with strong interpersonal skills fitting a collaborative environment. Flexible and willing to contribute beyond scope of responsibility.
For consideration, send a resume to tesse@pinnaclegroup.com with the subject “Director – [your name]”
Associate Director / Director Page 1 of 1
UFICO
Message from Allocator Jobs: To help prepare you for this role, take a look at the Institutional Allocator (IA) program from our partnership organization, the Allocator Training Institute. The IA program curriculum gives you a solid foundation of investing from the allocator’s perspective. You’ll learn how to evaluate investment managers, create an ‘endowment-model’ multi-asset class portfolio, and the quantitative tools necessary to succeed in the role. The three-part program can be completed in less than one year and exams are available every quarter-end month. This is the program that will help you start and then accelerate your allocator career. Reach out if you have any questions.
