Assistant Portfolio Manager, Heitman Value Partners

Heitman; Chicago (IL); On-site; USD 225,000 - 250,000; Full time

Benefits offered by this job

Bonus eligible

Competitive compensation

Benefits package

Job summary

Heitman in Chicago is seeking an Assistant Portfolio Manager to join the Portfolio Management team. The role supports the HVP Fund series across all investment stages, lead asset managers, and work with the Investment Committee on dispositions and performance.

The position requires extensive investment experience, strong leadership, and collaboration with internal teams and external partners. Hybrid work, travel, and a competitive total rewards package are offered.

Qualifications

• 15+ years of relevant, progressive industry experience (investment background, investor/consultant relationship management, etc.) across higher-risk investments, fund formation, fund administration, and/or fund investment management
• Demonstrated ability to exercise complex judgment on investment and investor matters; collaborative and adaptable, with the ability to incorporate feedback from clients, investors, and internal team members into plans throughout the fund's lifecycle
• Proven ability to build investor confidence and trust through strong verbal, written, and presentation communication skills, sound investment judgment, a strong drive for results, and consistent follow-through
• Comprehensive understanding of the firm and competitive landscape, enabling effective contribution to Fund execution and active participation in developing future fund strategy, terms, structure, and marketing plans
• Strong investment acumen — including judgment, research, and analytical skills — to help oversee portfolio construction, asset management execution, and dispositions; experience evaluating, closing, and financing approved investments
• Experience leading internal teams, with strong leadership skills (feedback, coaching, goal setting) to motivate the team and positively influence partner groups both internal (e.g., CSM, ACQ) and external (e.g., JV partners, 3rd party service providers) in support of fund and investor goals

Responsibilities

• Oversight of business plan execution across multiple property sectors for assets within all vintages of the HVP series
• Lead a team of asset managers responsible for delivering investment results
• Regularly assess disposition timing and make recommendations to the Investment Committee
• Evaluate forecasts and performance against stated objectives
• Assist the current HVP team in collaboration with CSM for all marketing efforts on future funds as well as frequent client interaction/updates on existing funds
• Participate in the formation and presentation of materials at the annual client conference
• Work with the Fund Controller to monitor fund administration activities, including deployments, standing relative to investment objectives, capital tracking, co-investments, and performance attribution
• Collaborate with Fund leadership, Acquisitions and market research to set strategy and ultimately identify/close new investment opportunities

Job description

This Opportunity

Our Chicago office is seeking an Assistant Portfolio Manager to join the Portfolio Management team. The Assistant Portfolio Manager will work closely with the Fund Portfolio management team across all aspects of the HVP Fund series.

Responsibilities include, but are not limited to:

• Oversight of business plan execution across multiple property sectors for assets within all vintages of the HVP series
• Lead a team of asset managers responsible for delivering investment results
• Regularly assess disposition timing and make recommendations to the Investment Committee
• Evaluate forecasts and performance against stated objectives
• Assist the current HVP team in collaboration with CSM for all marketing efforts on future funds as well as frequent client interaction/updates on existing funds
• Participate in the formation and presentation of materials at the annual client conference
• Work with the Fund Controller to monitor fund administration activities, including deployments, standing relative to investment objectives, capital tracking, co-investments, and performance attribution
• Collaborate with Fund leadership, Acquisitions and market research to set strategy and ultimately identify/close new investment opportunities

Qualifications:

• 15+ years of relevant, progressive industry experience (investment background, investor/consultant relationship management, etc.) across higher-risk investments, fund formation, fund administration, and/or fund investment management
• Demonstrated ability to exercise complex judgment on investment and investor matters; collaborative and adaptable, with the ability to incorporate feedback from clients, investors, and internal team members into plans throughout the fund's lifecycle
• Proven ability to build investor confidence and trust through strong verbal, written, and presentation communication skills, sound investment judgment, a strong drive for results, and consistent follow-through
• Comprehensive understanding of the firm and competitive landscape, enabling effective contribution to Fund execution and active participation in developing future fund strategy, terms, structure, and marketing plans
• Strong investment acumen — including judgment, research, and analytical skills — to help oversee portfolio construction, asset management execution, and dispositions; experience evaluating, closing, and financing approved investments
• Experience leading internal teams, with strong leadership skills (feedback, coaching, goal setting) to motivate the team and positively influence partner groups both internal (e.g., CSM, ACQ) and external (e.g., JV partners, 3rd party service providers) in support of fund and investor goals

Job Location and Travel

• This position is based in our Chicago office.
• Our teams work in a hybrid environment and in-office days vary by team.
• Moderate to extensive travel required.

The Firm

Founded in 1966, Heitman is a global real estate investment management firm. Our mission is to lead the evolution of real estate through investments that fulfill the needs of people and communities in a world of constant change. To learn more about our organization and culture, click here.

Total Rewards (Compensation, Benefits & Perks)

At Heitman, we believe that our success is driven by the success of our team members. That's why we use market data to ensure competitive compensation for every role, reflecting our commitment to investing in our team. When we grow, you grow!

The expected annual base salary range for this role is $225,000 - $250,000 and will be further discussed during the interview process. This range represents what Heitman reasonably and in good faith believe s we would pay a qualified candidate for this role at the time of posting (based on a full-time equivalent schedule). Your actual base salary placement will depend on factors such as (but not limited to): your relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition, all of our team members are bonus eligible and participate in a generous annual bonus plan, with the percentage varying based on your role and level, ensuring that your contributions are recognized and rewarded.

In alignment with our People First core value, we offer rewarding careers that focus on both personal and professional growth. We are dedicated to helping you and your family thrive, both in the office and at home. To support this, we provide competitive compensation and a leading-edge, human-centric benefits package. Click here to view the details of our benefits.

Additional Information

Candidates applying for roles requiring travel must hold a valid, non-expired driver’s license.

Equal Employment Opportunity

Heitman is an equal employment opportunity employer and complies with all applicable laws prohibiting discrimination based on race, color, creed, religion, sex, age, national origin or ancestry, physical, medical or mental disability or condition (including, without limitation, HIV and AIDS), developmental disability, handicap, denial of family and medical care leave, denial of pregnancy leave, domestic partner status, status as a victim of sexual or domestic violence (or familial relationship to such victim), veteran status, marital status, sexual orientation, arrest records, citizenship status, criminal history that has been expunged, unfavorable discharge from the military, or any other basis protected by federal, state or local laws.