Managing Director/ Principal - Real Estate Investment

TN United Kingdom; London; On-site; GBP 80,000 - 150,000; Full time

Job summary

Join a dynamic global firm as a Managing Director in London, where you'll lead real estate investment strategies and manage a significant portfolio. This role offers the chance to work with major institutional investors and drive growth in a collaborative environment. With a focus on innovation and excellence, you'll be part of a passionate team dedicated to delivering customized investment solutions. The company values integrity and creativity, providing comprehensive benefits and opportunities for professional development. If you're ready to make a significant impact in the private markets, this is the opportunity for you.

Benefits

Healthcare

Retirement plans

Mental health programs

Paid time off

Student loan support

Wellness initiatives

Qualifications

• 12+ years in private equity or private debt investing.
• Strong communication and client relationship skills.

Responsibilities

• Manage real estate investments across funds and accounts.
• Conduct due diligence on properties and markets.
• Lead negotiations with stakeholders.

Skills

Leadership in European real estate market

Portfolio management

Client relationship management

Investment judgment

Financial modeling

Negotiation skills

Education

BA/BS in Business, Finance, Economics, or Accounting

MBA or similar

Job description

Social network you want to login/join with:

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Client:

StepStone Group

Location:

London, United Kingdom

Job Category:

-

EU work permit required:

Yes

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Job Reference:

928f7c471c6d

Job Views:

16

Posted:

28.04.2025

Expiry Date:

12.06.2025

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Job Description:

StepStone is a rapidly growing global private markets firm providing customized investment and advisory solutions to sophisticated investors worldwide. With $675 billion in total capital allocations and over $150 billion in AUM, we are diversified across private markets globally, offering innovative solutions to meet various investment objectives. Our culture emphasizes entrepreneurial spirit, partnership, and teamwork, encouraging open dialogue and collaboration.

Position Overview

The Managing Director of StepStone Real Estate in London will significantly contribute to the growth of our investment activities, including client coverage, portfolio management, and business development. The role involves sourcing, underwriting, and asset managing real estate investments across our funds and accounts, serving major sovereigns, pension funds, insurance companies, and family offices globally. The primary focus will be managing over EUR 1.1bn of core plus AUM in Europe, with opportunities to expand this strategic area.

Essential Job Functions:

• Proven leadership in the European real estate market, with at least twelve years of experience in private equity or private debt investing.
• Ability to manage portfolios and relationships with large institutional investors.
• Track record in originating, executing, managing, and exiting real estate investments across risk and capital structures, especially in lower risk (core plus) sectors. Experience in operational real estate and alternative sectors is a plus.
• Conducting comprehensive due diligence on properties, markets, managers, legal, and structural aspects.
• Preparing and presenting detailed investment committee memoranda highlighting findings, recommendations, risks, and merits.
• Leading negotiations with counterparties and stakeholders, managing external advisors.
• Pan-European experience with multilingual and multicultural skills preferred.
• Demonstrated success in capital raising and client engagement.

Education and/or Required Knowledge, Skills, and Abilities:

• BA/BS in Business, Finance, Economics, or Accounting; MBA or similar is preferred.
• Strong communication skills and client relationship experience.
• Value-oriented investment approach focused on real estate fundamentals.
• Sound investment judgment with understanding of risk and reward.
• Excellent business writing skills, including preparing investment memos.
• Strong financial modeling skills, especially in capital structures and cash flow analysis.

Other Attributes:

• Collaborative team player with an entrepreneurial mindset.
• Motivated, driven, and adaptable in fast-paced environments.
• High confidentiality standards.
• Willingness to learn and grow.

About us

With 26 offices in 15 countries, StepStone offers a global perspective. We value our employees and support their growth through resources and development opportunities. Our principles include integrity, transparency, respect, and creativity, guiding our business practices.

Working at StepStone means being part of a passionate team dedicated to innovation, problem-solving, and collaboration. Our global team shares insights into management strategies and operational excellence.

We provide competitive compensation, including salary, incentives, and comprehensive benefits such as healthcare, retirement plans, mental health programs, paid time off, student loan support (US), and wellness initiatives.

Disclaimer / Policy Statements

We are committed to diversity, equity, and inclusion. As an Equal Opportunity Employer, we do not discriminate based on race, creed, color, religion, sex, national origin, citizenship, age, disability, marital status, sexual orientation, gender identity, or genetic information. Our Employee Resource Groups exemplify our dedication to fostering an inclusive environment.