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A growing value-add multi-family real estate private equity firm is seeking an experienced fundraising professional to join their team. This is an outstanding opportunity to play a key role in driving the firm's next phase of growth.
Key Responsibilities:
- Leverage your existing relationships with high-net-worth individuals, family offices, and smaller institutional investors to raise $30M in equity capital over the next 12 months
- Manage the entire capital raising process from initial outreach through to closing
- Collaborate with the firm's principals on marketing/positioning strategy (opportunity for a senior hire)
The Firm:
- Focused on acquiring deeply discounted multi-family properties in the Midwest at 60-80% of value through their vertically-integrated platform
- Target 20% IRRs by executing value-add renovations/repositionings
- $350M assets under management alongside joint venture partner
- 56% IRR and 2.3x equity multiple across 22 prior exits
The Role:
- $80K - $160K base salary, with majority of comp via bonus
- Bonus: 50-100 bps of capital raised
- Additional promote: $50K - $100K based on capital raised (based on $20m-$30m raised)
Qualifications:
- Established track record of institutional capital raising success
- Existing relationships with prospective investor targets
- Prior experience at smaller, entrepreneurial investment firms preferred
This is an exceptional opportunity to get in on the ground floor with a proven real estate operator providing outstanding risk-adjusted returns to investors.
Full Time
$83k-112k (estimate)
06/20/2024
07/18/2024