Jobs · Finance · New York

Portfolio Manager, Private Markets

Franklin Templeton · New York, NY · 2 mo ago
On-siteFinance$180k–$200k/yrFull-time

About the role

Franklin Templeton is seeking a Portfolio Manager, Private Markets to join our Investment Solutions team. This role involves co-managing private markets solutions end-to-end, collaborating with internal teams and external managers.

Responsibilities

  • Support portfolio construction and asset allocation across strategies
  • Partner with internal and external investment teams to select and monitor investments
  • Oversee the investment lifecycle for a variety of investment types, including primaries, secondaries and co-investments, across private asset classes including private infrastructure equity & debt
  • Manage due diligence and the underwriting process for new investments
  • Manage liquidity, capital deployment, and risk for private market solutions
  • Monitor and report on portfolio holdings, including manager oversight
  • Represent FTIS in client meetings and stakeholder discussions

Requirements

  • 10+ years of relevant private markets investing, including infrastructure as a limited partner or institutional allocator
  • Experience as a Portfolio Manager managing or supporting multi-manager portfolios in private asset classes
  • Proven record in institutional investment management and multi-asset team collaboration
  • Experience with evergreen or semi-liquid fund structures and liquidity management
  • CFA (Chartered Financial Analyst) or equivalent preferred; advanced degrees are a plus

Technical Skills

  • Broad experience as an institutional allocator in private equity, credit, and real assets
  • Proficiency in portfolio construction, capital allocation, and risk management
  • Underwriting experience for co-investments and fund investments, including general partner assessment
  • Understanding of infrastructure sectors and asset types: renewable energy, digital infrastructure, logistics, and social infrastructure
  • Familiarity with semi-liquid fund structures
  • Comfort with valuation oversight, performance analytics, and reporting for private assets

Soft Skills

  • Excellent communication and relationship-building skills
  • Ability to explain investment concepts to private wealth audiences
  • Professional presence for client meetings and due diligence
  • Integrity and professionalism in fiduciary roles

Work Schedule & Location

Standard working hours: Hybrid (Four days in office)
Location: New York City (On-site)

Pay

The annual salary for this position ranges between $180,000 to $200,000, plus an annual discretionary bonus, depending on location and level of relevant experience.

Benefits

We offer a comprehensive benefits package, including:

  • Three weeks paid time off the first year
  • Medical, dental and vision insurance
  • 401(k) Retirement Plan with 85% company match on your pre-tax and/or Roth contributions, up to the IRS limits
  • Employee Stock Investment Program
  • Tuition Assistance Program
  • Purchase of company funds with no sales charge
  • Onsite fitness center and recreation center
  • Onsite cafeteria

Equal Opportunity Employer

Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.

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