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Type of Role: Investments

Experience Level: VP/Principal/Director

Location: New York City, New York

Salary: $139K - $190K

The Teachers Insurance and Annuity Association of America-College Retirement Equities Fund (TIAA, formerly TIAA-CREF), is a Fortune 100 financial services organization that is a provider of financial services in the academic, research, medical, cultural and governmental fields. TIAA serves over 5 million active and retired employees participating at more than 15,000 institutions and has $1 trillion in combined assets under management with holdings in more than 50 countries.

CHARLOTTE OR NYC

As a Director for Nuveen’s Real Asset team focused on private equity infrastructure investments, this role will include portfolio management and surveillance activities across the firm’s existing private equity portfolio such as private equity funds, co-investments, direct equity, and preferred equity investments.

Key Responsibilities and Duties

  • Assist in the oversite of private equity investments including responding to investor requests in coordination with internal business partners, prepare board materials and presentations, assist various business partners to address valuation, accounting, legal and compliance deliverables, and other quantitative and qualitative analysis on an ad-hoc basis.
  • Assist in screening, underwriting, and structuring limited partnership commitments with external infrastructure fund managers; Underwriting activities will include LP commitments to funds meeting investment strategy criteria as well as select co-investments in core infrastructure assets.
  • Assist in portfolio activities including investment reviews, market research, rating agency analysis, sponsor evaluation, and investment modifications.
  • Assist in researching and analyzing both macro and portfolio trends (including modeling through the investment’s lifecycle) of funds and coinvestments across sectors such as transportation, transmission, renewable energy, storage, social infrastructure (campus energy, student housing, municipal facilities, healthcare, etc.) and digital infrastructure (data centers, fiber optic networks, towers, DNS, etc.).
  • Work with internal business partners to ensure all legal, risk, compliance, and accounting requirements are met.
  • Prepare internal memoranda and other materials used to support investment and portfolio recommendations and to communicate with internal business partners and external clients.
  • Closely monitor the performance of existing portfolio investments and manage regular communication with sponsors, investment partners, and banking intermediaries.
  • Maintain investment performance databases and files.

Educational Requirements

  • University (Degree) Preferred

Work Experience

  • 3+ Years Required; 5+ Years Preferred

Physical Requirements

  • Physical Requirements: Sedentary Work

Career Level
7IC

Required Qualifications:

  • 3+ years experience in institutional investment and/or private equity infrastructure or project finance

Desired Qualifications:

  • 5+ years experience in institutional investment and/or private equity infrastructure or project finance
  • Prior investment experience with infrastructure as an asset class
  • Valuation experience
  • Strong MS Excel modeling skills
  • Broad industry experience in power, transportation, renewable energy, etc.
  • Knowledge and ongoing interest in current trends, success factors, participants and industry terms in infrastructure and energy investment markets
  • Familiarity with project legal documents, service agreements, joint venture agreements, financing agreements, etc.
  • Experience developing and using financial statement analysis and financial modeling
  • Strong knowledge of accounting and finance

#LI-EL1

Related Skills

Base Pay Range: $138,800/yr. – $190,000/yr.

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location.  In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).

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Company Overview

Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information about the firm please visit our website at www.Nuveen.com

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary.

Equal Opportunity

We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.