Managing Director, Real Estate Capital Raising (Eastern US & Canada))
Job Description
Description
What You’ll Do
We’re looking for a Managing Director to join our Capital Raising team in Principal Real Estate. In this role, your core focus will be to drive institutional asset raising activities for the firm’s real estate platform with investors in the Eastern US and Canada.
- Develop deep and strategic relationships with Limited Partners and investment consultants in the Eastern US and Canada
- Drive new real estate capital efforts for fund launches
- Provide clients, prospects, and consultants with ongoing updates about the investment philosophy, process and performance of real estate funds and platforms and act as primary contact when appropriate
- Participate in investment strategy meetings with portfolio managers
- Provide investor and market insights to the product development process, both new and existing
Principal Asset Management, a subsidiary of Principal Financial group, offers global asset management expertise across a diverse set of traditional and alternative asset classes.
Principal Real Estate is the dedicated real estate investment group within Principal Asset Management. We operate a platform that incorporates all disciplines of commercial real estate, managing almost $100 billion in AUM. By providing access to opportunities across the spectrum of public and private equity and debt investments, our clients are able to customize their real estate portfolios to their specific objectives.
Who You Are
- Bachelor’s degree or equivalent
- 10+ years related experience in real estate investment management, including 5+ years of real estate fundraising experience (10+ preferred)
- Established relationships with a spectrum of institutional investors and consultants
- Proven sales experience and pipeline development, preferably in the Eastern US and Canada.
- Must have the ability to travel, approximating 50% of the time
Skills That Will Help You Stand Out
- Diligent, organized, strategic problem solver
- Experience working in collaboration with a team to raise capital
- Results oriented
- Excellent communication and presentation skills and ability to build strong relationships
- High level of integrity
- Demonstrates a sense of urgency and energy
- Strategic and tactical as well as attention to ongoing details
- Series 7 & 63, Life Insurance certification required within 90 days of employment
Salary Range Information
Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.
Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)
$ – $ / year
Time Off Program
Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don’t accrue a
Company
Principal Financial Services, Inc.
Location
, , Canada
Country
Canada
Salary
150.000
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