Source and manage third-party fund investments, supporting Portfolio Management to meet CRI performance goals.
Maintain strong relationships with assigned third-party fund managers through regular communication and deep knowledge of fund holdings.
Fulfill annual and quarterly Portfolio Management reporting requirements by monitoring and reporting on fund activity and performance.
Contribute to updates of CRI’s surplus equity and high-yield investment strategy.
Demonstrate understanding of CRI investment strategies, macroeconomic trends, real estate fundamentals, and portfolio holdings.
Serve as Portfolio Manager for a Separate Managed Account (SMA).
Construct the SMA portfolio, collaborate with Acquisitions to underwrite new investments, and approve annual business plans for each asset.
Lead the preparation and presentation of credit materials for new investments.
Secure investment committee approvals, oversee all closing activities with internal and external partners, and ensure thorough process management.
Review and improve processes as needed to ensure Acquisitions, Portfolio Management, Fund Management, and Asset Management teams have the tools to succeed and deliver high-quality work.
Engage in Enterprise Improvement Initiatives and special projects.
Initiate enhancements, proactively solve problems, and take ownership of implementation.
Support managers and peers in achieving production and return targets for Third-Party Managed Funds.
Provide training and development, delegate tasks and empower analysts to take ownership.
Share responsibility and accountability.
Requirements
10+ years of experience in real estate acquisitions, asset management, portfolio management, or fund management
BA/BS in business, economics, finance, or related field
MBA, CFA, or other advanced business or investment designation preferred
Experience with third-party managed funds
Portfolio management experience with SMA construction and asset management
Experience managing capital market relationships with banks, insurance companies, debt funds, brokers, and partners
Experience generating and managing debt or equity investments across property types, including underwriting and valuation
Strong problem-solving skills and ability to thrive in a fast-paced environment
Demonstrates urgency and initiative
Excellent written, verbal, and analytical skills
Advanced Excel skills; proficient in Microsoft Office