Stephen Shank

About Stephen Shank

3+ years as senior analyst and portfolio manager assisting PE team with ongoing monitoring of existing manager relationships/portfolio and performing due diligence on re-ups or new managers. Serving as lead on PE recommendations to the IC/Board as assigned. Maintaining PennSERS internal portfolio management system for private markets (PE/PC/RE) across funds/FoFs/SMAs/co-investments.17+ years in client service/relationship management serving (private capital) institutional investors by providing client support, training and internal sales of MSCI Private Capital Solutions (fka Burgiss) software, data and analytics. 400+ face-to-face meetings with the investment office of the top endowments, foundations, insurance, corporate pension, public pension and family offices in private equity across United States.

Experience

1. Portfolio Manager (Private Equity)

   Pennsylvania State Employees' Retirement System (PennSERS)

   Sep 2023 — Present

   Serve as principal contact for SERS Private Equity fund managers as delegated. Plan/implement/evaluate the Private Equity program consistent with delegated authority from the DCIO, CIO and Board-approved Investment Policy.Source and recommend fund managers (commitments to), as well as dispositions of funds with support of outside consultants. Ensure the research, evaluation, and selection of Private Equity managers aligns with mandate.Monitor/evaluate investment performance, risk exposure, and compliance of SERS Private Equity fund managers. Report significant events and/or compliance violations. Recommend changes in program strategy and fund manager status as warranted.

Education

• Penn State University

  Bachelor of Science, Finance

  2000 — 2004

Skills

• Risk Management
• Portfolio Management
• Due Diligence
• Investments
• Alternative Investments
• Private Equity
• Client Services
• Asset Management
• Management