Principal Investment Area, Real Estate Investing, Vice President, Sydney

Location(s) AU-Sydney
Job ID
2020-67284
Schedule Type
Full Time
Level
Associate
Function(s)
Investment Management
Region
Asia Except Japan
Division
Asset Management
Business Unit
Real Estate/Credit
Employment Type
Employee

MORE ABOUT THIS JOB

Principal Investment Area

Principal Investment (PI) invests in real estate equity and debt, corporate equity and debt, growth equity and infrastructure worldwide. Consisting of over 900 professionals in 25 offices in 15 countries, our business operates on a global platform and we are one of the largest managers of private capital globally.

 

PI Real Estate is one of the world’s leading real estate platforms with c$45bn of AUM. PI Real Estate has a broad mandate and provides debt and equity capital to commercial real estate investors, developers and companies globally, across the capital structure. PI Real Estate invests in assets ranging from single properties to large portfolios, through senior mortgages, mezzanine debt and equity and delivers asset management services across the entirety of the lifecycle of the asset. PI Real Estate leverages a team of investment professionals located around the world and strong regional market relationships to source, assess and make investments with a tailored local perspective.

 

How you will fulfill your potential

The successful applicant will be a member of Australia and New Zealand (ANZ) PI Real Estate, based out of Sydney, and will help source, underwrite and manage Real Estate equity and credit investments in ANZ. The applicant will work as part of small deal team, and be responsible for identifying, conducting due diligence on, structuring, executing and monitoring investments. The applicant must be able to interact with other members of the team, market participants including intermediaries, real estate companies and developers and vendors.  The applicant will also be expected to manage investment committee processes, lead transaction negotiation and structuring and due diligence efforts.

 

Job Description 

  • The real estate division of the Principal Investment Area invests in both debt and equity instruments, predominantly through private investments
  • Your role will involve analyzing various real estate investment opportunities through all parts of the capital structure and across all traditional and alternative asset classes within real estate. This will also extend to helping formulate an investment thesis around a particular investment opportunity or strategy, working within the broad and flexible parameters of our investment mandate
  • You will be expected to have strong sourcing capabilities and industry contacts including intermediaries and brokers, real estate companies and developers.  In addition, the candidate will be up to date with macroeconomic conditions, as well as key drivers and fundamentals in major real estate asset classes
  • Seeking ambitious team players with strong communication skills and work ethic, with the ability to collaborate with a local and global teams and external partners and consultants

Key Responsibilities

  • Source and identify potential real estate investment opportunities across equity and credit
  • Manage the preparation of investment committee memoranda, alongside a small deal team, in addition to any other internal / external presentation materials
  • Perform due diligence and valuation work across various real estate asset classes and capital structures
  • Leading the structuring, negotiation and documentation of investments
  • Assisting with client / operating partner dialogue and working alongside the asset management team to make asset management decisions
  • Project management and team co-ordination, including the development and training of junior team members
  • Interface with external parties, including financial intermediaries, real estate companies, real estate operating partners, financiers, consultants, legal etc. 

 

RESPONSIBILITIES AND QUALIFICATIONS

Basic Qualifications

 

  • Bachelor’s degree equivalent
  • 7-10 years relevant experience in areas such as private equity/credit (or other real estate investing/credit role), capital transactions, investment banking, management consulting, real estate investment management or real estate development
  • At least 3 years of prior investing experience and/ or investment banking experience
  • Real estate valuation and investment management experience in both equity and debt 
  • Project management and presentation skills
  • Creative thinkers with strong problem solving skills, and flexibility to adapt to different situations, market conditions and evolving strategies

 

 

ABOUT GOLDMAN SACHS

ABOUT GOLDMAN SACHS


At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html



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