President of Capital Formation — Partner Track

Aligned Ventures; New York (NY); On-site; USD 150,000 - 200,000; Full time

Benefits offered by this job

Partner track equity

Performance-based equity incentives

Job summary

Aligned Ventures LLC, a privately held multifamily investment firm, seeks a seasoned capital formation leader to drive fundraising efforts. The role reports to the CEO and collaborates with the VP of Capital Formation, Head of Investments, and Director of Asset Operations.

An active raise on a cash-flowing Houston asset is underway, with partnership-track equity eligibility based on milestones. The ideal candidate brings 10+ years raising capital for real estate private placements, a proven

Qualifications

• 10+ years raising capital for real estate private placements.
• $75M+ personally raised over your career, and $25M+ in at least one recent 12-month period.
• Investors you can name, by type: family offices, RIAs, fund-of-funds, high-net-worth.
• Investors who invested with you more than once, and who will confirm it.
• New York based.

Responsibilities

• Lead capital formation for the firm.
• You report to the CEO and work alongside our VP of Capital Formation, Head of Investments and Director of Asset Operations.
• Active raise on a cash-flowing Houston asset today; details are shared after the first conversation.
• Partner track - firm-level equity and leadership of the capital function - shown with milestones you'll see before you accept.

Skills

Capital raising

Real estate private placements

Investor relationships

New York based

Job description

Aligned Ventures is a privately held multifamily investment firm built on extreme alignment. We are investors first and sponsors second. We built a $50M portfolio - 440 doors across three Houston assets - with more than $17M of our own cash. Every door was acquired on our personal balance sheet before we took a dollar of outside capital.

We could have scaled faster. We chose not to. Through the zero-rate years, with multifamily trading at 3-caps, we weren't willing to bet investors' money on numbers we didn't believe in - so we bought carefully with our own, and generated a 10% cash-on-cash yield across our portfolio. We have long-term debt, no pressure to sell or refinance, and a business that cash-flows.

The target: 10x the distributions we pay our investors within three years.

We keep 20% of our own equity in every deal and deploy another $10M from our own balance sheet. Everything beyond that is funded by outside capital.

The Seat

You lead capital formation for the firm. You report to the CEO and work alongside our VP of Capital Formation, our Head of Investments and our Director of Asset Operations. We have an active raise on a cash-flowing Houston asset today; details are shared after the first conversation. The partner track - firm-level equity and leadership of the capital function - is written down with milestones you'll see before you accept.

What You Must Have — We Verify Every Line

• 10+ years raising capital for real estate private placements.
• $75M+ personally raised over your career, and $25M+ in at least one recent 12-month period.
• Investors you can name, by type: family offices, RIAs, fund-of-funds, high-net-worth.
• Investors who invested with you more than once, and who will confirm it.
• New York based.

Compensation

• Base: around $150,000 - $200,000 Based on equity package determined
• Partner track: Sweat equity unlocks with your ability to build a capital raising system and performance. 10%-20% GP equity based on track record and performance [Incentive structure: pending securities counsel review.]