Portfolio Manager, Private Market Solutions at T. Rowe Price

Baltimore, Maryland, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Asset Management, Investment ManagementIndustries

Requirements

Based in Baltimore, MD or NYC
Experience in portfolio management, particularly with public/private market solutions or alternatives
Ability to engage in portfolio construction, performance monitoring, underwriting of new investments, and due diligence processes
Knowledge of liquidity management, capital deployment, and component monitoring
Capability to represent investment strategies in client meetings, industry conferences, internal forums, and media
Partnership-building skills with distribution teams across Wealth, Retirement, and Institutional channels
Understanding of alternatives landscape and role in portfolio construction

Responsibilities

Day-to-day management of public/private solutions, including monitoring performance, portfolio positioning, and liquidity management
Collaboration with co-portfolio managers and other members of Global Multi-Asset
Engagement with internal and external private market investment teams
Serve as lead investment representative of Public/Private Market Solutions
Develop close partnerships with key distribution partners across T. Rowe Price Wealth, Retirement, and Institutional channels
Collaborate with third-party distribution team
Represent investment team in client meetings, industry conferences, and other media forums
Support creation of sales and marketing collateral
Conduct portfolio reviews and monitoring
Ongoing assessment of portfolio design and potential allocation adjustments
Assessment of risk exposures and implications for portfolio positioning
Due diligence and strategy underwriting
Product development and innovation
Oversight of core portfolio management functions including liquidity management, capital deployment, and component monitoring
Support distribution teams in placing public/private funds on intermediary client platforms, including educating clients on alternatives

Skills

Portfolio Management

Private Markets

Alternatives Investing

Asset Allocation

Multi-Asset Strategies

Investment Analysis

Risk Management

T. Rowe Price

Global asset management and investment advisory services

About T. Rowe Price

T. Rowe Price provides investment advisory services and retirement solutions to individual investors, financial intermediaries, and institutions. The firm employs a disciplined investment approach supported by extensive research to deliver long-term value. It generates revenue mainly through management fees based on the assets it manages, which amounted to $1.569 trillion as of June 30, 2024. T. Rowe Price serves a wide range of clients, including individual investors, retirement plan sponsors, and institutional investors like endowments and foundations. Its global reach and experienced investment teams enable the firm to offer various investment strategies and products, helping clients achieve their financial goals.

Baltimore, MarylandHeadquarters

1937Year Founded

$78,115.8MTotal Funding

IPOCompany Stage

Quantitative Finance, Financial ServicesIndustries

10,001+Employees

Benefits

Paid Volunteer Time

Parental Leave

Learning & Growth Resources

Matching Charitable Gifts

Health Care Benefits

Generous Retirement Plan

Risks

Increased competition from AI-powered platforms challenges T. Rowe Price's traditional strategies.

Departure of key personnel may impact T. Rowe Price's wealth management capabilities.

High valuations of AI startups could divert capital from traditional asset management firms.

Differentiation

T. Rowe Price offers a comprehensive range of investment strategies across various asset classes.

The firm emphasizes long-term value through disciplined investment and extensive research capabilities.

T. Rowe Price's global reach and diverse client base enhance its market position.

Upsides

Growing interest in AI-driven investment strategies presents new opportunities for T. Rowe Price.

The rise of quantum technology aligns with T. Rowe Price's focus on tech startups.

Collaboration trends in biotech offer potential investment opportunities in genetic medicine.

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