Austin, Texas, United States · Hybrid
Applications close July 13th, 2026. We expect to conduct interviews shortly thereafter and are targeting a fall start date. Who We Are The Texas Permanent School Fund (PSF) is a constitutionally established education end…
Skills: Financial Modeling, Excel, Credit Metrics, Capital Structures, Bloomberg
Lupfig, Aargau, Switzerland · Hybrid
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 billion in assets and i…
Skills: Instructional Design, Digital Learning Production, People Leadership, Cross-functional Collaboration, AI Literacy
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The role involves researching markets and analyzing fund investment opportunities, specifically focusing on private and public credit. Key duties include conducting due diligence, financial modeling for co-investments, and monitoring portfolio performance and risk.
Candidates need a bachelor's degree in finance, accounting, economics, or a related field and up to two years of experience in investment banking, finance, or consulting. Proficiency in financial modeling and tools like Bloomberg or PitchBook is required.
Applications close July 13th, 2026. We expect to conduct interviews shortly thereafter and are targeting a fall start date.
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 billion in 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 than 5 million students across 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 opportunities in addition to providing support for modeling co-investments. This role 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.
You’ll conduct macro-level research, assist with due diligence, and contribute to investment recommendations and monitoring activities. We’re seeking a detail-oriented, analytical professional with two years of experience in investment banking, finance, consulting, or investments, who is ready to take ownership of complex projects and contribute meaningfully to a dynamic, credit-focused investment team.
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
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
Proficiency with Bloomberg or PitchBook 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.
We strive to achieve exceptional investment performance, generating essential resources for Texas schoolchildren.
We are a special-purpose governmental corporation charged with prudently managing and investing the assets of the Texas Permanent School Fund. We strive to achieve exceptional investment performance to protect and grow the historic public endowment and sovereign wealth fund of Texas, generating essential resources for current and future Texas schoolchildren. As the nation’s oldest sovereign wealth fund, Texas PSF supports public education in two important ways: First, the investment portfolio we manage generates returns which help fund a portion of educational expenses, including textbooks and technology. Since 1969, the fund has generated nearly $39 billion dollars to help fund public education. Second, through the Bond Guarantee Program, independent school districts and charter districts use the Fund’s AAA credit rating schools to lower interest rates on their debt guaranteed by the Fund, allowing more money to go toward school improvements instead of interest, and saving Texas taxpayers hundreds of millions of dollars each year.
Offices: 1300 Red River St, Suite 700, Austin, Texas 78701, US
We strive to achieve exceptional investment performance, generating essential resources for Texas schoolchildren.
We are a special-purpose governmental corporation charged with prudently managing and investing the assets of the Texas Permanent School Fund. We strive to achieve exceptional investment performance to protect and grow the historic public endowment and sovereign wealth fund of Texas, generating essential resources for current and future Texas schoolchildren. As the nation’s oldest sovereign wealth fund, Texas PSF supports public education in two important ways: First, the investment portfolio we manage generates returns which help fund a portion of educational expenses, including textbooks and technology. Since 1969, the fund has generated nearly $39 billion dollars to help fund public education. Second, through the Bond Guarantee Program, independent school districts and charter districts use the Fund’s AAA credit rating schools to lower interest rates on their debt guaranteed by the Fund, allowing more money to go toward school improvements instead of interest, and saving Texas taxpayers hundreds of millions of dollars each year.
Offices: 1300 Red River St, Suite 700, Austin, Texas 78701, US
