The role is at the firm’s New York office in the real estate portfolio management team, but requires someone with experience of managing secondaries investments across the private equity, infrastructure and real estate markets, according to the advertisement.
The hire will be expected to do modelling, due diligence and valuation on secondaries investments, source deals from a network of sellers across the US, Europe and Asia-Pacific, and assist in the preparation of marketing materials to advertise the team’s capabilities to potential institutional clients, among other responsibilities.
Ideally they will have had exposure to the whole gamut of secondaries asset classes, proven experience of valuing secondaries assets, and be competent at financial modelling and Excel programming.
A degree in a quantitative subject or law is preferred.
The REPM team invests directly in real estate and infrastructure, as well as making indirect investments through “multi-manager solutions”, the advertisement reads.
According to a source with knowledge of the group’s activities, the team also has the capability to make private equity secondaries investments, but has traditionally leaned towards real assets.
It has typically acquired assets opportunistically and is looking to “build out its capabilities” in this area, the source added.