Investment Analyst

Investment Analyst

The Texas Permanent School Fund (PSF) is a constitutionally established education endowment with a 150+ year history of supporting Texas public schools. Today, PSF manages more than $60 billion in assets and invests with a long-term perspective to generate sustainable funding for Texas K12 education. Through a diversified investment portfolio, along with strong operational, legal, financial, and governance functions, PSF serves as a careful steward of public capital. Our work helps secure billions of dollars in school district bonds and supports more than 5 million students across 1,000+ school districts statewide. Guided by principles of fiduciary responsibility, integrity, and service to Texans, PSF plays an enduring role in strengthening public education and investing in Texas's future.

As an experienced Investment Analyst within the Private and Public Credit team at Texas PSF Corporation, you will play a pivotal role in researching markets and analyzing fund investment opportunities in addition to providing support for modeling co-investments. This role involves applying advanced financial analysis, market research, and investment modeling to real-world decisions, while collaborating closely with team members to deliver strategic insights and achieve portfolio objectives.

You'll conduct macro-level research, assist with due diligence, and contribute to investment recommendations and monitoring activities. We're seeking a detail-oriented, analytical professional with two years of experience in investment banking, finance, consulting, or investments, who is ready to take ownership of complex projects and contribute meaningfully to a dynamic, credit-focused investment team.

Investment Due Diligence & Portfolio Support

• Support due diligence processes by compiling research, maintaining deal flow tracking, and drafting internal materials
• Monitor and assess existing portfolio investments including performance and risk/exposures
• Evaluate new credit investments, including manager and co-investments, alongside more senior investment personnel
• Assist senior investment personnel with portfolio management and program administration

Market & Investment Research

• Scan public and private markets for emerging trends, risks, and opportunities
• Conduct macro and microeconomic research to support investment decisions

Financial Analysis & Modeling

• Assist with financial analysis of investment opportunities, including manager analysis and co-investment modeling
• Create portfolio analysis reports that assess liquidity, risk, and underlying credit fundamentals

Operations & Administrative Support

• Provide general support to the team on a day-to-day basis
• Maintain thorough records for both public and private credit strategies

What We're Looking For

• Bachelor's degree in finance, Accounting, Economics, or a related field
• Up to 2 years in investment banking, finance, consulting or investing
• Strong financial modeling and excel skills
• Strong understanding of credit metrics and capital structures
• Proficiency with Bloomberg or PitchBook or Power BI or Tableau
• Progress toward CFA, CAIA, or equivalent finance certifications
• PowerPoint and presentation skills
• Willingness to learn and adapt to new technologies, methodologies, and market dynamics
• Awareness of economic indicators and market trends

Travel/Schedule Requirements

• Domestic up to 10%
• Hybrid office/telework schedule
• Ability to work/travel outside of normal business hours

Key Benefits

Texas PSF's status as a special purpose governmental corporation allows for a unique opportunity to provide state employee benefits along with other company perks. Our extensive state employee benefits package includes retirement benefits, employer-paid health and basic life insurance, generous paid holidays, and multiple retirement optionsalong with longevity pay and a range of optional insurance plans. You can find additional benefits details at Employees also enjoy various in-house training and professional development opportunities, free downtown parking, flexible work arrangements, and an office location near the Moody Amphitheater at Waterloo Park.