Associate – Real Estate Fund Management

Associate – Real Estate Fund Management

FUND MANAGER – ASSOCIATE

My client are a boutique real estate investor and developer based in Luxembourg, as part of their current growth plans they have an immediate need to recruit an Associate level individual to their fund management team. The main responsibilities break down as follows:

Fund management:

Quarterly preparation of portfolio and Fund performance summary based on specific KPI and reporting to the Head of Fund Management and Head of Portfolio Management
Cooperate on a regular basis with the asset management team in order to report and assess fund performance, with the scope to identify shortcomings and develop strategies to offset losses and drive profitability
Prepare updates on deadlines and on specific items and risk areas involving the asset management team
Maintain records and documentation related to investments, divestments and transactions
Involvement with lawyers and tax consultants in case of questions on restructuring of the investment structure (Fund and SPVs)
Support the launch of new Funds/products
Liaise with the legal team to ensure that the investment structures adhere to the industry regulations
Support the underwriting of potential new properties (review of the exposes, preparation of memos, support BP/models preparation) and exit strategies
Preparation of the DD package together with the asset management team when acquisitions/sales are to be shared with AIFM/Custodian Bank/Fund Administrator
Reporting on budgeting deadlines and funding allocations collecting info from the different parties involved
Cash projection adjustments
Liquidity management

Investment Committee:

Preparation of internal and external Investment Committee memorandum
Support to the IC Members when questions are received and review of the answers
IC Minutes drafting/preparation

Finance

Contribute to create a projections/monitoring tool on the properties and SPVs to better streamline the cash flow projections/needs of the Fund
Support to the audit on portfolio management related matters when needed
Support to the finance team for the revision of the Financial Statements and NAV calculation and preparation of due communication/reporting to investors
Contribute to prepare cashflow and NAV projections on a regular basis

Marketing Support:
Together with the marketing team provide periodic updates on the Fund or specific assets and data and information to prepare quarterly newsletter to investors and marketing material for existing Funds
Review of the documents prepared by the marketing team

Asset Management:

Together with the Asset Management Team, provide periodic updates on the Fund or specific assets
Coordinate and lead semiannual valuation process with external valuers. This involves coordinating data collection, reviewing the appraisal reports, supporting the team in the discussion with the appraisers when dealing, for example, with inconsistencies or additional questions raised by auditors/external AIFM