Franklin Templeton

Portfolio Manager - Private Markets

New York City, New York, United States of America Full time

About the Department


Franklin 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 value

  • As 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 role

Experience, Education & Certifications

  • 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)

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.

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