Location: San Francisco,CA, USA
San Francisco, CA, USA Req #68
Wednesday, August 21, 2024
Associate Director | Capital Strategies & Formation
JOB DESCRIPTION
Company Background
Under DivCore sit two real estate investment platforms: DivcoWest and LoanCore.
Together, DivCore employs approximately 240 employees across 11 U.S. offices. Based on the firms' experience and in-house capabilities across credit and equity, we believe DivCore is uniquely positioned to identify, operate, and execute on investments across product types and the capital structure.
Summary
The Capital Strategies & Formation (“CSF”) team at DivCore is responsible for all client relations and capital raising, including the management of existing and new institutional partnerships, and the development of new strategic capital initiatives across DivCore. The team also engages across the firm's existing closed-end funds, programmatic separate accounts, co-investments, and deal-specific capital opportunities, working closely with the Investment and Portfolio Management teams.
The Associate Director will be the team's execution specialist, overseeing all parts of the fundraising execution process for the firm's commingled funds, SMAs, and co-investments. The Associate Director will be responsible for managing DivCore's marketing fulfillment process as well as driving the fund closure process. This position requires coordination with numerous stakeholders inside the firm as well as regular client involvement.
This role requires 5 days in office at either our San Francisco, CA headquarters, or the Firm's Cambridge, MA or New York City, NY offices. Travel between DivCore offices is required.
Responsibilities
DivCore is actively seeking an Associate Director dedicated to project management and leading a focused team, including an associate and an analyst, to effectively execute fundraising initiatives. This role is centered around meticulous coordination with internal teams and involves regular client interaction with limited travel requirements.
The primary responsibility of this role is to lead and optimize the fundraising process, which includes the creation of pitchbooks, marketing materials, and Private Placement Memorandums (PPMs). Additionally, the Associate Director will handle responses to due diligence requests from institutional investors and consultants for both existing and new relationships. A significant part of the role involves providing day-to-day oversight, guidance, and direction to a small team, supporting the fundraising efforts led by the Director and Senior Managing Director.
Key responsibilities include:
The ideal candidate will possess a high attention to detail, a strong sense of urgency, and a positive attitude. They must be capable of seamless collaboration with professionals across DivCore, fostering effective communication and synergy among diverse groups. This is a pivotal role that offers the opportunity to significantly impact the growth and success of our fundraising efforts through strategic oversight and direct leadership of a dedicated team.
Qualifications
Compensation: