Fund Manager - Real Estate | Scrabble & Jigsaw
Job Description
Fund Manager - Real Estate
Company Overview
Details about the company, its industry, and culture are not provided.
Job Summary
We are seeking an accomplished and strategic Fund Manager to oversee the Office Yield Strategy. The fund focuses on investing in high-quality, pre-leased, and completed commercial real estate properties across India. The candidate will be responsible for managing the fund end-to-end, ensuring achievement of its investment objectives, maximizing returns for investors, and adhering to defined investment strategies and guidelines.
Responsibilities
- Ensure strict adherence to AIF regulations, fund documents, and internal compliance policies.
- Proactively identify, assess, and mitigate investment-related risks, including vacancy, concentration, liquidity, interest rate, and capital loss risks.
- Maintain robust reporting and transparency for internal stakeholders and investors.
- Lead and mentor a dedicated team of real estate investment professionals, fostering a high-performance culture.
- Collaborate effectively with internal teams including legal, risk management, administration, and finance.
- Engage with the independent Expert Panel for investment recommendations and approvals.
- Build and maintain strong relationships with developers, brokers, tenants, and potential buyers to facilitate deal flow and exit opportunities.
- Lead the implementation and execution of the investment strategy, focusing on acquiring ownership in companies holding completed, pre-leased commercial properties with high-quality tenants.
- Drive deal sourcing, evaluation, and execution in line with the fund's mandate.
- Conduct comprehensive financial, legal, and tax due diligence for potential investment opportunities.
- Structure and negotiate complex real estate transactions, including debt financing at the SPV level.
- Monitor the performance of the fund's portfolio assets.
- Continuously monitor commercial real estate market trends, demand drivers, and the competitive landscape in India, focusing particularly on Grade A office spaces.
Qualifications
- Education: Chartered Accountant (CA) or MBA in Finance from a reputed institution.
- Experience: 10+ years of extensive experience in real estate investments, fund management, and corporate finance.
- Proven track record in managing Alternative Investment Funds (AIFs) or similar real estate investment vehicles.
- Exceptional analytical and financial modeling capabilities.
- Superior negotiation and deal-making skills.
- Robust risk assessment and management expertise.
- Visionary leadership and effective team management abilities.
- Excellent communication, presentation, and interpersonal skills.
Preferred Skills
- Additional experience in high-growth locations with strong leasing demand.
- Familiarity with infrastructure improvements and assets with tenant stickiness and high replacement costs.
Experience
- Minimum of 10 years of experience in real estate investments, fund management, and corporate finance.
Environment
Details about the typical work setting, location (remote, in-office, hybrid), and any physical or environmental conditions are not provided.
Salary
Salary details are not provided.
Growth Opportunities
Potential career advancement opportunities within the company are not detailed.
Benefits
List of offered benefits is not provided.
