Strategic Director, Private Equity Asset Management

InforCapital, partnership; Los Angeles (CA); Hybrid; USD 180,000 - 300,000; Full time

Job summary

Hines, based in Los Angeles, seeks a Director - Asset Management, Private Equity to lead strategic asset management for a portfolio of private equity investments. The role emphasizes optimizing performance, directing value-add initiatives, and overseeing reporting and diligence.

Located in Los Angeles, this position offers a path to influence fund returns and investor success through seasoned investment management leadership.

Responsibilities

• Developing, refining, and executing comprehensive asset-level business plans to maximize returns, in alignment with fund objectives and investment strategies.
• Leading the monitoring and analysis of portfolio performance, including financial modeling, valuation exercises, and market research, to identify risks and opportunities.
• Directing the implementation of value-add initiatives, operational enhancements, and capital expenditure programs across the portfolio.
• Managing relationships with operating partners, joint venture partners, and other stakeholders, ensuring alignment and effective execution of asset strategies.
• Overseeing financial reporting, investor communications, and compliance requirements for assigned assets, providing clear and concise updates on performance and strategic direction.
• Guiding the due diligence process for potential acquisitions and dispositions, providing expert analysis on asset performance, market positioning, and exit strategies.
• Mentoring and developing junior team members, fostering a high-performance culture within the asset management function.

Job description

As a Director – Asset Management with Hines, you will be a critical part of the Living Asset Management team on new acquisitions, lease-ups, and stabilized assets across a geographic market. Responsibilities include, but are not limited to:

Create Value and Grow the Legacy

• Client-centric Strategic and Financial Leadership: Lead the creation of short- and long-term asset strategies with the Business Generation and Operations/Property Management teams. All strategies should be designed to maximize asset value and optimize customer satisfaction.
• Asset Management: Address issues within the portfolio with measured, data-driven, independent decision-making. Communicate high-level issues along with recommended solutions to the Senior Director – Living Asset Management.
• Performance Monitoring and Evaluation: Develop a deep understanding of the asset’s performance in comparison to its competitive set, evaluating real estate and capital market trends and providing a data-supported evaluation of performance to Asset Management leadership. Understand the current value and projected future performance of each asset within the context of investor goals and objectives; review analyses to make hold/sell recommendations to Asset Management leadership.
• Goal Setting and Accountability: Create periodic property valuation analyses for each asset, supported by market analysis. Review detailed performance objectives, operating and financial budgets, project plans, and annual plans developed by Asset Management Associates and provide necessary feedback to course-correct as appropriate in arriving at a well-supported property valuation. Establish clear, challenging goals for onsite property management teams to elevate asset performance.
• Data-Driven Decision Making: Monitor property operating and financial performance to ensure established goals and objectives are being achieved. Discuss material variances with Associates and Analysts to determine key drivers and identify potential pathways to mitigating unfavorable performance variances.
• Responsible for creating all monthly, quarterly, and annual property reporting required by Owners, Partners, Investors and Lenders, raising any potential concerns to Senior Director – Living Asset Management
• Responsible for working in close collaboration with Acquisitions, Development, Accounting and Property Management teams to ensure performance and consensus on key asset decisions

Take Risks You Believe In

• Entrepreneurial Creativity: Solve asset issues with a sound, creative approach to problem-solving.
• Smart Risk-Taking: Ensure that partnership and loan document requirements are satisfied. Encourage Operations/Property Management teams to deploy smart risk-taking to deliver distinguished returns.

Create Lasting Partnerships

• Cross-Functional Colla...