Investment pros wanted at New Mexico SWF, Maryland pension

With AUM nearly tripling in the last six years, the New Mexico State Investment Council is adding six more people to its team of 42, including three portfolio managers focused on private equity, private debt and real estate investments.

The jobs are among several plum assignments opening at big institutions in recent days. The Maryland State Retirement and Pension System has posted openings this month for a managing director of venture capital and co-investments and for a senior portfolio manager of private markets. The Baltimore pension also seeks an associate to work on its emerging manager program. Meantime, the Santa Fe-based New Mexico Educational Retirement Board has launched a search for a deputy chief investment officer.

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Maryland seeks managing director for emerging manager, ESG role

The Maryland State Retirement and Pension System, steward of about $73 billion in assets, has launched a search for a managing director to help lead its Emerging Managers, Durable Capital & Governance Excellence, or EDGE, program.

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Maryland pension staff to meet with emerging managers on May 8

The Maryland State Retirement and Pension System is setting aside May 8 for emerging managers to pitch their funds as part of its inaugural “Terra Maria Investing Day.”

Participants, according to a Linkedin post by senior portfolio manager Stuart Kaye, will have an opportunity to meet with investment staff. It wasn’t immediately clear whether the meetings would be held online on or in person in Baltimore or both. We were unable to reach staff for additional details.

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Big Moves: H.I.G. Capital, Tail End Capital, Maryland SRPS

The following Big Move! items appeared in the January 26 free edition of Private Equity Career News.

Oliver Slade, managing director, and Alexia Klat, principal, will lead a new office in Dubai for mid-market buyout and credit firm H.I.G. Capital, according to a press release. Part of their job will entail cultivating investors in the region. Slade joined the firm in early 2022 after serving as head of Middle East and Africa for Partners Group AG. Klat joined the firm's special situations investment team in 2014 after working in structured credit for Deutsche Bank.

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Maryland to hire PE senior portfolio manager at salary up to $218K: Updated

The Maryland State Retirement and Pension System has opened a search for a senior portfolio manager to help manage its $13.7 billion private equity portfolio. The position pays an annual salary of $145,153 to $217,730.

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Maryland pension, seeking diversity, creates senior ESG role

In another sign that PE firms will face continued encouragement to diversify their ranks, the Maryland State Retirement and Pension System plans to hire its first senior manager of environmental, social and governance, or ESG, and of corporate responsibility.

“Maryland is a blue state, and stakeholders care deeply about these topics,” Chief Investment Officer Andrew Palmer told Private Equity Career News in an interview this week.

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