The Teacher Retirement System of Texas has hired Partners Group executive Shelby Wanstrath as an investment manager on the private equity team, system spokeswoman Juliana Fernandez Helton confirmed.
Wanstrath started in the role on Aug. 1, Fernandez Helton told sister website peHUB. The job involves sourcing and performing due diligence analysis on potential private equity opportunities, according to a job description for a private equity manager role on Texas Teachers’ website.
The role reports to the director of private equity and the salary is commensurate with experience, but is not less than $120,000, according to the job description. Texas Teachers’ is still searching to fill another private equity investment manager position.
The Texas Teachers’ private equity team has 14 members; Eric Lang is managing director of the team and Neil Randall is senior director.
Wanstrath worked at Partners Group as a vice president from 2009 to 2014, according to
his her LinkedIn profile. Before that, he she worked as a portfolio analyst at WhiteHorse Capital Partners from 2006 to 2007 and as a senior investment analyst at Prudential Capital Group from 2003 to 2006.
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CORRECTION: This story has been corrected from a version originally posted on Sept. 22, 2014, which incorrectly identified Shelby Wanstrath’s gender.