Portfolio Manager, Private Markets

Franklin Templeton Investments

  • New York City, NY
  • Permanent
  • Full-time
  • 1 day ago
At Franklin Templeton, we’re advancing our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic firm spans asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals. Our talented teams working around the globe bring expertise that’s both broad and unique. From our welcoming, inclusive, and flexible culture to our global and diverse business, we provide opportunities to help you reach your potential while helping our clients reach theirs.Come join us in delivering better outcomes for our clients around the world!About the DepartmentFranklin Templeton Investment Solutions (FTIS) is a collaborative team focused on delivering innovative multi-asset investment solutions. The department brings together asset allocation, manager research, and implementation to deliver portfolios across public and private markets. Team members work closely to drive portfolio construction, execution, and strategic oversight. Joining FTIS means working in a dynamic environment with opportunities for professional growth and leadership in private markets.How you will add valueAs a Portfolio Manager, Private Markets, you will co‑manage private markets solutions end‑to‑end in partnership with internal teams and external managers.You will support portfolio construction and asset allocation across strategies.You will partner with internal and external investment teams to select and monitor investments.You will 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.You will support due diligence and manage the underwriting process for new investments.You will manage liquidity, capital deployment, and risk for private market solutions.You will monitor and report on portfolio holdings, including manager oversight.You will represent FTIS in client meetings and stakeholder discussions.What will help you be successful in this roleExperience, Education & Certifications10+ years of relevant private markets investing, including infrastructure as a limited partner or institutional allocator.Experience 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 SkillsBroad 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 SkillsExcellent 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 & LocationStandard working hours: Hybrid (Four days in office)Location: New York City (On-site)When applying, please be sure to attach your resume / CV. Applications without a resume file attachment will not be reviewed.Compensation Range: Franklin Templeton offers employees a competitive and valuable range of total rewards—monetary and non-monetary — designed to support their well-being and recognize their time, talents, and results. Along with base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and recognition rewards. We also offer a comprehensive benefits package, which includes a range of competitive healthcare options, insurance, and disability benefits, employee stock investment program, learning resources, career development programs, reimbursement for certain education expenses, paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational well-being program. We expect the annual salary for this position to range between $180,000 to $200,000, plus an annual discretionary bonus, depending on location and level of relevant experience.Staffing Agency Disclaimer:Please note that we are not engaging staffing agencies or external recruiters for this position at this time. Any unsolicited resumes or candidate profiles submitted to the company or any employee will be considered the property of the company. We will not be responsible for any fees or charges associated with unsolicited submissions, and no agency or search fees will be paid.#MID_SENIOR_LEVEL#LI-OnsiteExperience our welcoming culture and reach your professional and personal potential!Our culture is shaped by the variety of perspectives and experiences brought by talent from around the world. Regardless of your interests, lifestyle, or background, there’s a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life.By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life’s adventures, taking care of your family members, or making a positive impact in your community, we aim to have your needs covered. Learn more about the wide range of benefits we offer at Franklin Templeton.Highlights of our benefits include:Three weeks paid time off the first yearMedical, dental and vision insurance401(k) Retirement Plan with 85% company match on your pre-tax and/or Roth contributions, up to the IRS limitsEmployee Stock Investment ProgramTuition Assistance ProgramPurchase of company funds with no sales chargeOnsite fitness center and recreation center*Onsite cafeteria**Only applicable at certain locationsFranklin 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.If you believe that you need an accommodation or adjustment to search for or apply for one of our positions, please send an email to . In your email, please include the accommodation or adjustment you are requesting, the job title, and the job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.

Franklin Templeton Investments