Senior Investment Analyst - Private & Public Credit

Who We Are The Texas Permanent School Fund (PSF) is a constitutionally established education endowment with more than 180 years of history supporting Texas public schools. Today, PSF manages more than $60 billion in assets through a diversified, long-term investment strategy designed to generate sustainable returns, preserve the Fund for future generations, and support Texas K–12 education.

Our portfolio spans a broad range of public and private market strategies, including public equities, private and public credit, real estate and real assets, private equity, absolute return strategies, venture capital, and co-investments. Across the portfolio, Texas PSF works with leading investment firms and managers across markets and strategies.

In addition to providing permanent funding for Texas public schools, the Fund also supports the Bond Guarantee Program, helping school and charter districts access lower borrowing costs and directing more resources toward classrooms and students. Our work supports more than 5 million students across 1,000+ school districts statewide.

Guided by fiduciary responsibility, integrity, and service to Texans, PSF combines institutional scale with an enduring mission: strengthening public education and investing in Texas’s future.

Job Summary

We are seeking a Senior Investment Analyst with more than three years of experience in investment banking, endowment investing, asset management, or related investing roles to join the Private and Public Credit team at Texas PSF Corporation. On this team, you will play a pivotal role in researching markets, evaluating fund investment opportunities, and supporting the underwriting and modeling of co-investments.

This role involves conducting advanced financial analysis, leading investment due diligence efforts, and collaborating closely with team members to deliver strategic insights and achieve portfolio objectives. What You’ll Do 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 Over 3 years of experience 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 Pitch.

Book or Power BI or Tableau Preferred but not required 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 options—along with longevity pay and a range of optional insurance plans.

You can find additional benefits details at www.ers.texas.gov . 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.