Investment Analyst

Who We Are

The Texas Permanent School Fund (PSF) is a constitutionally established education endowment with a 150+ year history of supporting Texas public schools. Today, PSF manages more than$60 billionin assets and invests with a long-term perspective to generate sustainable funding for Texas K–12 education. Through a diversified investment portfolio, along with strong operational, legal, financial, and governance functions, PSF serves as a careful steward of public capital. Our work helps secure billions of dollars in school district bonds and supports more than5 million studentsacross 1,000+ school districts statewide. Guided by principles of fiduciary responsibility, integrity, and service to Texans, PSF plays an enduring role in strengthening public education and investing in Texas’s future.

Job Summary

As an experienced Investment Analyst within the Private and Public Credit team at Texas PSF Corporation, you will play a pivotal role in researching markets and analyzing fund investment opportunitiesin additionto providingsupport for modeling co-investments.Thisroleinvolves 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 portfolioobjectives.

You’llconduct macro-level research,assistwith due diligence, and contribute to investment recommendations and monitoring activities.We’reseeking a detail-oriented, analytical professional withtwo yearsof experience ininvestmentbanking,finance,consulting, orinvestments,whoisready to take ownership of complex projects and contribute meaningfully to a dynamic, credit-focused investment team.

WhatYou’llDo

InvestmentDue Diligence & Portfolio Support

• Support due diligence processes by compiling research,maintainingdeal flow tracking, and drafting internal materials

• Monitor and assessexisting portfolio investments including performanceandrisk/exposures

• Evaluatenew credit investments, including manager and co-investments,alongside more senior investment personnel

• Assistsenior 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

• Assistwithfinancial analysis of investment opportunities, includingmanageranalysis and co-investmentmodeling

• Createportfolio analysisreports thatassessliquidity,risk, andunderlyingcredit fundamentals

Operations & Administrative Support

• Providegeneral supportto the team on a day-to-day basis

• Maintain thorough records for both public and private credit strategies

WhatWe’reLooking For

• Bachelor's degree in finance, Accounting, Economics, or a related field

• Up to 2 years in investment banking, finance, consulting or investing

• Strong financial modeling and excel skills

• Strong understanding of credit metrics and capital structures

• Proficiencywith Bloomberg orPitchBookor Power BI or Tableau

Preferred butnot

• Progress toward CFA, CAIA, or equivalent finance certifications

• PowerPoint and Presentation skills

• Willingness to learn and adapt tonew 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 companyperks. Our extensive state employee benefits package includes retirement benefits,employer‑paidhealth and basic life insurance, generous paid holidays, and multiple retirement options—along with longevity pay and a range of optional insurance plans. You can findadditionalbenefits details atwww.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.