What are the responsibilities and job description for the Investor Relations/Capital Formation Senior Associate-Director position at PRP Real Assets?
About PRPPRP Real Assets (“PRP”) is a Washington, DC-based private real estate investment management firm founded in 2005. PRP focuses on the fundamentals of real estate investing, pairing disciplined acquisitions with hands-on asset management and operational improvement. Since inception, PRP has...
About PRPPRP Real Assets (“PRP”) is a Washington, DC-based private real estate investment management firm founded in 2005. PRP focuses on the fundamentals of real estate investing, pairing disciplined acquisitions with hands-on asset management and operational improvement. Since inception, PRP has completed 50 investments totaling more than $6 billion in aggregate size across 22 U.S. markets, through discretionary commingled funds, separate accounts and joint ventures. Today, the firm operates across three key verticals: high-quality multifamily, mission-critical assets, and thematic special situations.Role OverviewPRP is seeking a dedicated Investor Relations / Capital Formation professional to support the continued build-out and execution of PRP's capital formation efforts.This individual will report to and work closely with the Head of Capital Formation and serve as a key execution resource across investor research, CRM and pipeline management, targeted investor outreach, meeting preparation and follow-up, conference execution, and reporting.The ideal candidate will combine institutional fundraising/IR experience with exceptional operating skills. This is not a senior relationship-oriented fundraising role or a traditional project-management role. Rather, we are looking for an IR professional who understands institutional capital raising and can ensure that the research, infrastructure, execution and follow-through supporting our fundraising efforts operate at a high level.Title and seniority will be commensurate with the candidate's experience.Key ResponsibilitiesInvestor Research & IntelligenceConduct detailed research on institutional LPs, consultants, intermediaries and prospective sources of capital.Identify and verify appropriate decision-makers and contacts within target institutions.Research allocations, mandates, recent commitments, manager relationships, consultants and other information relevant to assessing potential fit with PRP.Validate information across multiple sources, including institutional websites, board and investment committee materials/minutes, LinkedIn, industry publications, Preqin, Dakota and other databases.Research connections and potential paths into target institutions.Translate research into actionable investor intelligence and maintain relevant information in Backstop.CRM, Pipeline & OutreachTake primary responsibility for the integrity and day-to-day management of Backstop for Capital Formation.Maintain accurate investor, consultant, intermediary and prospect information, updating records as appropriate.Track outreach, meetings, pipeline status, tasks, follow-ups and investor activity.Support targeted investor outreach using established messaging and templates with direction and oversight from the Head of Capital Formation.Prepare and customize outreach based on investor type, strategy, conference and other relevant factors.Track responses and ensure appropriate follow-up and next steps are completed.Help develop processes and reporting that make the CRM a reliable system of record for Capital Formation.Investor Meeting Preparation & Follow-UpPrepare concise investor meeting briefs incorporating institutional research, relevant investment activity, prior interactions, key contacts and other useful intelligence.Organize and track actionable follow-up items following investor meetings.Maintain tasks and ensure agreed next steps are completed by the appropriate internal owner.Coordinate investor diligence processes, including DDQs, RFPs and other investor information requests, working with appropriate internal teams to develop and maintain the responses.Maintain and continuously update the underlying DDQ / RFP database library, ensuring information is current, accurate and readily accessible for future investor requests.Coordinate routine investor requests, including materials and data-room access.Maintain visibility into outstanding investor deliverables and proactively flag items requiring attention.Conferences & Capital Formation ActivityResearch and maintain the universe of relevant institutional investment and real estate conferences.Obtain and analyze attendee lists, identify affiliations and roles, and convert attendee information into prioritized prospect lists.Support conference outreach, registration, scheduling and related logistics.Ensure conference meetings, outreach and follow-up are appropriately tracked.Reporting & ProcessPrepare information for weekly Capital Formation meetings, including recent and upcoming investor meetings, pipeline changes, outreach activity, outstanding tasks and follow-ups.Maintain clean and useful Excel analyses, prospect lists, meeting schedules and pipeline reports.Develop repeatable processes that improve the efficiency and scalability of the Capital Formation function.Proactively identify gaps or inefficiencies and recommend improvements.Candidate ProfileThe ideal candidate will be:Exceptionally detail-oriented and accurate.Calm, methodical and effective in a fast-moving environment.Proactive and anticipatory, without sacrificing accuracy.Intellectually curious and an excellent researcher.Highly proficient in Excel and PowerPoint.Comfortable with sophisticated CRM/database systems; Backstop experience is a plus.An excellent written communicator with the polish to interact directly with institutional investors and consultants, if needed.Comfortable with both substantive analytical work and detailed execution.Low-ego, collaborative and highly accountable.Able to work independently, anticipate needs and create structure rather than simply follow instructions.Preferred Experience5–12 years of relevant experience.Strong preference for experience in Investor Relations / Capital Formation within institutional real estate or private markets, particularly in a role supporting the execution and operations of a fundraising effort.Relevant backgrounds could also include a placement agent/private-capital advisory firm, institutional investment consultant, or another investment-management environment with significant institutional investor exposure.Experience supporting a senior capital-raising professional would be particularly attractive. An existing network among institutional LPs, consultants and intermediaries is a plus but is not required.LocationThis role is based in Washington, DC and is in-office.CompensationThe anticipated compensation range for this role is $150,000 – $350,000, depending on experience and level.How to ApplyTo apply, please send your resume to careers@prprei.com with “Investor Relations / Capital Formation” in the subject line.Equal Opportunity EmployerPRP is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status or any other characteristic protected by applicable law.PRP is not accepting unsolicited resumes from search firms or agencies for this role.
Salary : $150,000 - $350,000