What are the responsibilities and job description for the U.S. Real Estate Equity Associate position at Apollo Management Holdings, L.P.?
Position Overview
About Apollo: Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. Come to Apollo and join a community of extraordinary people who are committed to a culture of excellence and collaboration in everything that we do. We invest in our people for the long term and are committed to supporting their development at every stage of their career.
Position Overview: Acquisition Associates on the U.S. Real Estate Equity team work on all investment activities, including deal evaluation, diligence, execution, and asset management. The group primarily invests through a series of vehicles with a value-add/opportunistic focus across different sectors primarily in the US. Apollo’s broader real estate investment group includes an active debt origination and investment effort, which is separately staffed but fully integrated with the equity investment effort to ensure that Apollo maintains superior market intelligence in the real estate market. Acquisition Associates benefit from the resources of the integrated Apollo platform and have significant opportunities to be impactful to a small, highly entrepreneurial team.
Primary Responsibilities:
Drive analytical and project support for all investment activities; construct financial models, sensitivity analyses, comparable analyses, and other discrete financial analyses, as well as financial and asset due diligence and industry research
Conduct property diligence and maintain market or sector coverage with travel, as required
Participate in deal financings and closings, including the drafting and negotiation of legal documentation
Liaise with external partners and due diligence advisors such as accountants, attorneys, and consultants during deal transaction
Work with external partners to monitor existing assets and opportunities to create value (through physical and operational improvements), execute capital markets transactions, and evaluate exit strategies
Conduct exploratory macro market research and perform analytics on potential investment opportunities and themes
Develop presentation materials including investment committee memoranda
Present and participate in investment committee meetings, including communicating analyses effectively to senior investment professionals
Apollo Global Management Inc. is an equal opportunity/affirmative action employer. The firm and its affiliates do not discriminate in employment because of race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other criteria prohibited under controlling federal, state or local law.
Qualifications & Experience
Bachelor’s degree from a top undergraduate institution
1-3 years of experience in real estate investment banking and/or principal investing
Strong modeling, analytical, valuation, and problem-solving skills
Meaningfully contributes to strategic dialogue and collaborates effectively with investment teams & external partners
Demonstrates strong investment judgment; identifies potential risks and finds solutions to roadblocks in deal process
Takes initiative and is accountable for running a process to conclusion
Strong written and verbal communication skills
Superior interpersonal skills; builds and maintains strong relationships/credibility with external counterparties
Excellent ability to multi-task and strong attention to detail
Excels in a fast-paced, rigorous work environment; effectively prioritizes and meets deadlines
Pay Range
175000The base salary range for this position is listed above. This position is also eligible for a discretionary annual bonus based on personal, team, and Firm performance. Compensation ranges are based on several factors including job function, level, and geographic location. Final offer amounts are determined by multiple factors including candidate experience and expertise, and may vary from the amounts listed here.