APCM is Hiring
Senior Analyst – Liquid Alternatives/Private Markets
Employer: Alaska Permanent Capital Management Company (APCM)
Location: Anchorage, Alaska
Some remote work flexibility
Compensation Structure: Competitive Salary + Bonus + 401(k) + Health Benefits
Closing Date: September 9, 2024
Who we are:
The Alaska Permanent Capital Management Company (APCM) is an Alaska corporation founded in 1992 by Dave Rose, the first Executive Director of the Alaska Permanent Fund. Located in Anchorage, APCM is an SEC-registered investment advisor dedicated exclusively to providing investment management services to institutional clients. As of December 31, 2023, APCM managed and advised on assets totaling $5.7 billion, with approximately $4 billion directly managed by the firm. Additionally, APCM advises on Alaska’s Local Government Investment Pool (AMLIP), which had a balance of approximately $843 million as of December 31, 2023.
In the spring of 2014, APCM formed the subsidiary Alaska Wealth Advisors (AWA) to cater specifically to the financial planning and investment needs of individuals. Both APCM and AWA are SEC-registered investment advisors, and as such, are required to act as fiduciaries to their respective clients. The AWA subsidiary manages an additional $854 million in client assets. Meanwhile, the APCM parent company continues to focus on providing investment services to institutional clients.
Who we need:
APCM is seeking an investment professional to join our Multi-Asset Strategy team in Anchorage. Reporting to the Chief Investment Officer of Multi-Asset Strategies, the new team member will assist in the portfolio construction and management of the firm’s multi-asset strategies across the risk spectrum. These strategies include allocations to global stocks, global bonds, and alternatives, encompassing up to 16 asset classes. Alternatives include both liquid strategies and private equity, with plans to expand into private credit. The current allocation target for alternative strategies ranges from 10% to 20% across various strategies, so the new team member will play a crucial role in managing a significant portion of each strategy.
What you’ll do:
The new team member will be primarily responsible for all investment activities and portfolio monitoring/management responsibilities for the alternatives subset of the multi-asset strategy portfolios under the guidance of the CIO:
•Monitoring and managing liquid alternative and private market strategies, including taking a lead role in assessing portfolio management issues, risk, and returns, and making recommendations to the CIO
•Monitoring and evaluating each strategies compliance with client investment policy statements
•Maintaining existing relationships with fund providers and private equity partners
•Screening, evaluating, recommending, and monitoring new external investment strategies and managers
•Leading due diligence and presenting recommendations for investment decisions
•Preparing and presenting written reports and analysis that support portfolio management recommendations
•Developing additional analytic and presentation tools and frameworks to assess potential investments, strategies, and portfolio construction
•Training and mentoring team members on alternative strategies
What you should have:
APCM is looking to hire individuals who are highly motivated, excel in a team environment, and have demonstrated professional excellence. Ideal candidates will possess the following qualifications:
•An undergraduate degree with a strong interest in finance and investing; a postgraduate degree in a relevant field and/or a CFA designation is preferred.
•A willingness to work towards additional professional designations if not already obtained (e.g., CAIA).
•At least 3-10 years of directly relevant professional experience, preferably with an institutional investor.
•Knowledge of the alternative investments industry, including market participants, investment structures, and current trends.
•An analytical mindset and comfort working with data, with a willingness to explore and recommend new analytical tools as appropriate.
•Flexibility and ability to manage multiple competing priorities.
•Excellent communication skills, both written and oral.
•Ability to work effectively in a dynamic team environment.
•Willingness to work from APCM’s office in Anchorage, with some remote work flexibility.
•A commitment to represent APCM in the marketplace with integrity and professionalism.
How to Apply:
For further information or to submit a cover letter and resume please email HR@apcm.net