Sys Manager Private Equity Investments

Inspired by faith. Driven by innovation. Powered by humankindness. CommonSpirit Health is building a healthier future for all through its integrated health services. As one of the nation’s largest nonprofit Catholic healthcare organizations, CommonSpirit Health delivers more than 20 million patient encounters annually through more than 2,300 clinics, care sites and 137 hospital-based locations, in addition to its home-based services and virtual care offerings. CommonSpirit has more than 157,000 employees, 45,000 nurses and 25,000 physicians and advanced practice providers across 24 states and contributes more than $4.2 billion annually in charity care, community benefits and unreimbursed government programs. Together with our patients, physicians, partners, and communities, we are creating a more just, equitable, and innovative healthcare delivery system.

The CommonSpirit Health System Manager, Investments is responsible for helping manage private equity investments, including sourcing, evaluating, and monitoring investments with fund managers and co-investments. The System Manager participates in sourcing, researching, presenting, discussing, and maintaining independent due diligence on investment managers and co-investments. The System Manager also collaborates on framing and recommending asset class strategies, including portfolio construction. As a member of the investment team, the System Manager is responsible for providing backup diligence, analysis, coverage, and investment opinions across asset classes as requested and appropriate. 

*Local to San Francisco prefered, Remote Opportunity

The System Manager is an experienced investment professional who is responsible for sourcing, evaluating, and monitoring investment managers and co-investment. The System Manager has specific responsibilities for:

• Investment Sourcing and Diligence
  • Source, evaluate, recommend, and monitor investment managers in collaboration with the asset class head.
  • From existing investment managers, source co-investment opportunities, and work with team to conduct thorough due diligence in short time periods.  
• Portfolio Management
  • Conduct and collaborate on periodic asset class and portfolio reviews.
  • Conduct research and analysis on a wide variety of evolving strategic investment topics and handle ad hoc projects, analyses, presentations, and reports. 
• Leadership
  • Oversee, train, and mentor junior team members as requested.
  • Develop and cultivate strong, positive working relationships with other members of the investment team.
  • Engage as a thoughtful voting member of the Internal Investment Committee.
  • Maintain and enhance CommonSpirit Health’s reputation externally as a thoughtful, leading mission-driven investment program.

The job summary and responsibilities listed above are designed to indicate the general nature of the work
performed within this job. They are not designed to contain or be interpreted as a comprehensive inventory of
all job responsibilities required of employees assigned to this job. Employees may be required to perform
other duties as assigned.

Minimum 5+ years’ related experience in an investment management firm or M&A capacity, with substantial experience in evaluating investment managers or direct investments, including quantitative and qualitative analysis and experience drafting thoughtful and detailed investment recommendations. Advanced modelling skills required.

Bachelor’s degree. Graduate degree and/or CFA preferred.

• Facility with evaluating and synthesizing quantitative and qualitative data, including ability to build and maintain complex financial and forecasting models.
• High ethical and professional standards including a genuine interest in the values of CommonSpirit Health and in socially responsible investing.
• Deep intellectual curiosity and critical reasoning skills with sound judgement and capacity to ask insightful questions.
• Motivated self-starter and problem-solver with a demonstrated track record of producing high quality deliverables on tight deadlines. 
• Collegial and collaborative attitude; able to work effectively in a diverse team and in a team-oriented culture. 
• Strong verbal and written communication skills.