Why join Rice Management Company (RMC), the steward of the multi-billion dollar endowment for Rice University? What we do makes an enormous impact as the endowment supports over 40% of the University's operating budget. Our experienced and entrepreneurial team of 35 investment and operations professionals has generated top decile returns over the past decade by building strong relationships with top venture and private equity funds, accessing promising co-investments, and making select primary investments. We have an opening for an eager young professional with a strong work ethic, a facility to think quantitatively and qualitatively, and a desire to contribute to a collegial culture. If you are looking to learn from a senior team, contribute to the investment decision-making process, explore creative opportunities, and build a world class network while making a difference to a top university, we encourage you to reach out for a conversation.
The Rice Management Company (RMC) is a team of 35+ investment and operations professionals who provide fiduciary stewardship over Rice University's $8 billion plus endowment portfolio. The goal of the RMC is to provide a stable source of funding for current university operations and to preserve and grow the purchasing power of the University's billion dollar endowment to benefit future generations of students. The team at RMC is responsible for overseeing asset allocation, the selection and termination of investment managers, monitoring the performance of the portfolio, and reporting to the RMC Board.
The investment manager, private investments will be actively involved in all aspects of investment and manager research for the Rice Endowment. The role requires advanced investment analysis and reporting. The investment manager will also be responsible for leading and directing special projects on the investment team. They will report to the managing director, private investments.
Salary commensurate with experience and qualifications
Actively identifies, researches, and evaluates new investment opportunities for possible selection to the portfolio
Monitors and reviews current managers / portfolio to ensure adherence to the stated investment strategy and process
Performs reviews and due diligence of prospective managers (i.e. manager meetings and conference calls, reference checks, research trips, legal review, etc.)
Manages systems to track current portfolio names and potential investment opportunities
Experience representing an investor's interests on a board of directors
Rice University is an Equal Opportunity Employer with commitment to diversity at all levels, and considers for employment qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national or ethnic origin, genetic information, disability or protected veteran status.
Current Rice University COVID policies, which include vaccination, face mask, testing, gatherings, occupancy limits, and travel policies can be found here: https://coronavirus.rice.edu/policies
As a leading research university with a distinctive commitment to undergraduate education, Rice University aspires to pathbreaking research, unsurpassed teaching and contributions to the betterment of our world. It seeks to fulfill this mission by cultivating a diverse community of learning and discovery that produces leaders across the spectrum of human endeavor.