Portfolio Manager

What You Will Do
Fund Strategy, Portfolio Construction, and Capital Allocation

Own fund-level portfolio strategy across closed-end vehicles, including portfolio construction, allocation, diversification, and capital deployment pacing across the lifecycle
Establish and monitor portfolio frameworks across asset type, geography, risk profile, vintage, and business plan while evaluating concentration, market exposure, liquidity, and risk-return tradeoffs to drive capital allocation decisions aligned with fund objectives and investor mandates.
Partner cross-functionally to prioritize pipeline, assess strategic fit, and align execution with capital availability and portfolio needs
Provide portfolio-level evaluation of new investments, including diversification impact, return profile, and alignment with fund strategy

Fund Performance, Asset Oversight, and Business Plan Execution

Own fund performance evaluation against underwriting, strategy, and investor expectations
Oversee portfolio-level analysis of operations, development, lease-up, valuations, liquidity, and disposition timing to identify risks and opportunities
Partner with Asset Management and Development to assess execution and implement actions to optimize returns
Lead performance attribution across assets, markets, and strategies to inform decision-making

Capital Deployment, Fund Execution, and Lifecycle Management

Direct capital deployment, including pacing, capital calls, liquidity management, and distribution forecasting
Monitor performance against fund timelines and proactively address deviations in deployment or returns
Support lifecycle events such as fundraising, investment periods, recapitalizations, and realizations
Evaluate portfolio implications of development, financing, and disposition decisions

Investor Reporting, Capital Formation Support, and Stakeholder Communication

Own investor reporting deliverables, ensuring accuracy, insight, and alignment with performance and strategy
Translate portfolio performance into clear, compelling narratives for investors and leadership
Partner with Investor Relations on fundraising, diligence, and ongoing engagement
Prepare materials for investment committees, leadership, and investor communications

Governance, Risk Management, and Operational Oversight

Ensure compliance with fund governing documents, investment guidelines, and approval frameworks
Oversee integrity of portfolio data and reporting outputs
Drive improvements in portfolio management, reporting, and governance processes

Leadership and Cross-Functional Influence

Act as a senior leader influencing portfolio strategy, capital deployment, and investor outcomes
Lead and develop portfolio management team members, ensuring quality and accountability
Elevate portfolio management practices through analytical rigor and process improvement
Support the build-out of a scalable, institutional-quality portfolio management function
Occasional travel may be necessary as needed
Perform all other duties and tasks as assigned by management
Must be able to complete all physical requirements of this role with or without a reasonable accommodation

Ideally, You’ll Have
Bachelor’s degree in Finance, Real Estate, Accounting, Economics, or a related field
10+ years of progressive experience in real estate investment management, private equity real estate, institutional portfolio management, or a closely related environment
Significant experience managing or materially influencing closed-end, drawdown fund strategy, portfolio construction, and performance oversight
Demonstrated success evaluating and communicating portfolio performance through metrics such as IRR, equity multiple, yield, realized and unrealized performance, and performance attribution
Deep understanding of fund structures, governing documents, waterfalls, capital call and distribution mechanics, liquidity planning, and portfolio-level investment guidelines
Strong command of portfolio analytics, financial modeling, business plan evaluation, and strategic capital allocation
Experience working directly with institutional investors and preparing high-quality reporting, diligence materials, and executive presentations
Proven ability to exercise discretion and independent judgment with respect to portfolio strategy, prioritization, and business recommendations

You’ll crush it if you have experience with

Managing closed-end, drawdown real estate funds across the full lifecycle, including portfolio-level decision-making
Operating in a senior role within a private equity real estate or institutional investment platform with exposure to institutional investors
Exercising strong commercial judgment with autonomy, accountability, and discretion on matters of significance
Synthesizing investment, operating, and market data into clear recommendations that influence portfolio strategy and capital allocation
Partnering cross-functionally to challenge assumptions, align stakeholders, and drive execution across the platform
Working within student housing, multifamily, or adjacent sectors with an understanding of operational and development dynamics