Investment Analyst - Growth Strategies

About the Job

Position Overview

As an Investment Associate/Senior Investment Associate focused on

Growth Strategies, you will play a pivotal role in researching

markets and analyzing fund investment opportunities, with a

particular focus on public equities and private capital (private

equity and venture capital) within the Endowment portfolio. An

Investment Associate/Senior Investment Associate will also assist

the Senior Investment Director with portfolio management and

program administration. This position 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. This position reports to

the Senior Investment Director responsible for Growth

Strategies.

You’ll conduct macro-level research, assist with fund due

diligence, and contribute to investment recommendations and

monitoring activities. We’re seeking a detail-oriented, analytical

professional who is ready to take ownership of complex projects and

contribute meaningfully to a dynamic investment team.

This is a hybrid position with at least 3 days in the office.

We are unable to sponsor new H-1B visas for this position. However,

we are able to consider candidates who currently hold H-1B status

and are eligible for an H-1B transfer.

Responsibilities

The Investment Associate/Senior Investment Associate is involved in

all stages of the investment process, from origination, due

diligence, and implementation of investment opportunities to

subsequent monitoring and portfolio management.

Based on qualifications and experience, the selected candidate

will be hired into the appropriate job level (Investment Associate

OR Senior Investment Associate).

Existing Portfolio Monitoring & Management (50%)

• Engagement with the Endowment’s existing portfolio of Growth

managers as part of the ongoing monitoring and due diligence

process

• Reviewing quarterly reports, statements, newsletters to

maintain a robust knowledge of the drivers of investment

performance within each underlying fund position

• Actively participate with existing fund managers to build and

maintain relationships and knowledge of the investment process –

including compilation of pre-meeting materials and

accurate post-meeting notes

• Travel to attend Annual Meetings and/or ad hoc meetings with

these existing fund managers as needed – serving as a

representative of the Endowment

New Investment Sourcing and Underwriting (25%)

• Supporting the Senior Investment Director in the identification

and evaluation of prospective new investment opportunities

• Market mapping and peer networking
• Screen and evaluate new investment managers and opportunities,

ability to assist in triage of inbound investment

opportunities

• Deep qualitative and quantitative due diligence, performance

evaluation, assessment of risk management, etc.

• Assist with the drafting of Investment Memos for presentation

to the rest of the Investment Team alongside the Senior Investment

Director

• Coordination with Middle and Back-office functions to complete

investments and establish ongoing monitoring processes

Portfolio, Data Analysis & Operational Support

(25%)

• Supporting both the Senior Investment Director and the Chief

Investment Officer on matters related to portfolio management

• Develop working knowledge of day-to-day activities related to

Endowment’s investment operations activities and collaborate with

the team on projects as needed

• Build, update and maintain models, spreadsheets and dashboards

(related to portfolio, managers and underlying exposures)

• Assist in thematic research projects
• Assist in preparation of quarterly Investment Advisory

Committee materials, ensuring accuracy of data and

presentation

• Supporting the investment activities of the other pools of

capital managed by OIB

• Various ad-hoc administrative tasks as required

Senior Investment Associate Expanded Responsibilities

The Senior Investment Associate is accountable for the same

responsibilities outlined above. The role is differentiated from

the Investment Associate not by additional duties, but by the level

at which those shared responsibilities are performed

• Carries out the responsibilities above with limited day-to-day

direction and oversight, independently managing workflow,

prioritization, and execution against team objectives.

• Exercises independent judgment on the more complex, ambiguous,

and higher-stakes aspects of the same work — forming and

substantiating independent views and engaging the Senior Investment

Director selectively on matters of materiality rather than for

routine direction.

• Takes greater ownership of the accuracy, quality, timeliness,

and outcomes of the shared responsibilities, seeing work through to

completion and standing behind the conclusions.

Qualifications

Required Qualifications

• Relevant years of Experience
• Investment Associate: BA/BS degree plus at least six years of

relevant experience.

• Senior Investment Associate: BA/BS degree plus at least eight

years of relevant experience.

• Experience in any of the following asset classes: public

equity, private equity or venture capital

• Progress toward or completion of a CFA, CAIA, or MBA is a plus

and may be eligible to count towards the years of experience

requirement

• Strong interest in the investment industry, portfolio theory,

and the global capital markets.

• Strong intellectual curiosity, flexibility, and data-driven

approach to analysis.

• Ability to travel domestically and internationally as

required.

• Experience in conducting research and organizing findings.
• Solid knowledge of Excel, database tools, AI applications and

other technology pertinent to analyst role

• Excellent interpersonal skills and the ability to work closely

with a small team

• Solid oral, written, and presentation skills – ability to state

and support a thesis

• Strong work ethic, professional maturity
• Commitment to high standards of moral and ethical behavior

About the Department

The University of Minnesota is the state’s land-grant University

and one of the nation's most prestigious public research

universities. We’re ranked by Forbes as a Best Employer by State

and currently have an extraordinary opportunity within the Office

of Investments & Banking (OIB). OIB is driven to 1)

professionally steward the University’s financial assets, producing

superior risk-adjusted investment returns that provide the

University with added resources to support its core objectives, and

2. deliver institutional-quality investment operations

and enterprise-wide treasury management services.

OIB currently manages approximately $4.5 billion across the

endowment ($2.5 billion) and operating pools ($1.9 billion), while

also overseeing the defined contribution retirement plans and a

miscellany of smaller pools of capital (e.g. technology

commercialization fund, state-sponsored venture program, captive

insurance company portfolio, bond proceeds, etc.).

The University’s Endowment portfolio follows a modified version of

the “endowment model” and makes heavy use of alternative investment

strategies to achieve its fiduciary objectives. The portfolio as a

whole includes allocations to fixed income, private credit, hedge

funds, real assets, private equity, active public equity, and

venture capital.

Pay and Benefits

Pay Range

$140,000 - $230,000 ; depending on

education/qualifications/experience, plus participation in OIB

incentive compensation program.

Time Appointment: 100% Appointment

Position Type: Faculty and P&A Staff

Please visit the Office of Human Resources website for more

information regarding benefit eligibility.

The University offers a comprehensive benefits package that

includes

• Competitive wages, paid holidays, and generous time off
• Continuous learning opportunities through professional training

and degree-seeking programs supported by the Regents Tuition Benefit

Program

• Low-cost medical, dental, and pharmacy plans
• Healthcare and dependent care flexible spending accounts
• University HSA contributions
• Disability and employer-paid life insurance
• Employee wellbeing program
• Excellent retirement plans with employer contribution
• Public Service Loan Forgiveness (PSLF)

opportunity

• Financial counseling services
• Employee Assistance Program with eight sessions of counseling

at no cost

• Employee Transit

Pass with free or reduced rates in the Twin Cities metro

area

While our salary ranges provide a framework, it is important to

note that most of the time, the initial pay may not reach the

maximum of the range. This approach ensures that compensation

reflects the value and unique contributions of each candidate while

maintaining equity within our organization. As part of our

commitment to fair and equitable compensation, please be aware that

the salary offered to incoming candidates will be based on their

individual credentials and experience.

How To Apply

Applications must be submitted online. To be considered for this

position, please click the Apply button and follow the

instructions. You will have the opportunity to complete an online

application for the position and attach a cover letter and resume

or CV.

As part of the application process, please include a resume and

cover letter highlighting your interest in the position and

relevant experience and background.

Note : The Office of Investments & Banking is currently

hiring for two different positions within the investment team.

Please feel free to apply for the Investment Analyst - Growth

Strategies and/or the Investment Analyst - Diversifying Strategies

position(s). If you have any questions relating to the position or

process, please contact Anna Griebel, our University of Minnesota

Talent Acquisition Specialist, at grieb070@umn.edu.

This position will remain open until filled.

To request an accommodation during the application process, please

e-mail employ@umn.edu or call

(612) 624-8647.

Diversity

The University recognizes and values the importance of diversity

and inclusion in enriching the employment experience of its

employees and in supporting the academic mission. The University is

committed to attracting and retaining employees with varying

identities and backgrounds.

The University of Minnesota provides equal access to and

opportunity in its programs, facilities, and employment without

regard to race, color, creed, religion, national origin, gender,

age, marital status, disability, public assistance status, veteran

status, sexual orientation, gender identity, or gender expression.

To learn more about diversity at the U: http://diversity.umn.edu

Employment Requirements

Any offer of employment is contingent upon the successful

completion of a background check. Our presumption is that

prospective employees are eligible to work here. Criminal

convictions do not automatically disqualify finalists from

employment.

About University of Minnesota

The University of Minnesota, Twin Cities (UMTC)

The University of Minnesota, Twin Cities (UMTC), is among the

largest public research universities in the country, offering

undergraduate, graduate, and professional students a multitude of

opportunities for study and research. Located at the heart of one

of the nation's most vibrant, diverse metropolitan communities,

students on the campuses in Minneapolis and St. Paul benefit from

extensive partnerships with world-renowned health centers,

international corporations, government agencies, and arts,

nonprofit, and public service organizations.

At the University of Minnesota, we are proud to be recognized by

Forbes as a Best Employer for Company Culture (2026), Best Employer

for Women (2023), and Best Employer by State (2022-2026). In 2026,

we also received Culture Excellence & Industry Awards

recognition for employee appreciation and work-life

flexibility.