Fund Underwriting Associate

Overview Join to apply for the Fund Underwriting Associate role at Townsend Group . Townsend is seeking to hire an Associate to its Fund Underwriting team in Hong Kong to focus on real estate fund investment and due diligence activities covering the APAC region. Company overview Founded in 1983, Townsend provides custom real asset solutions that help clients worldwide achieve their unique investment goals. With approximately US $234 billion of assets under advisement and US $19 billion of assets under management, Townsend mainly invests in real estate on behalf of more than 100 institutional clients globally, both under discretionary and non-discretionary mandates. Operating across offices in the US, London, Hong Kong and Seoul, the team has grown to over 120 people globally. Description Townsend is seeking to hire an Associate to its Fund Underwriting team in Hong Kong to focus on real estate fund investment and due diligence activities covering the APAC region. The role will report into the Principal/Managing Director responsible for leading and coordinating real estate fund due diligence including analyzing real estate market macro trends and identifying and evaluating real estate fund investment opportunities for institutional clients. Key Responsibilities Fund Underwriting: Source and execute real estate fund investment opportunities in the Asia Pacific region (across the risk-return spectrum of core to opportunistic and covering all property sectors including office, retail, industrial, living and alternatives such as healthcare, data center, etc.). Coordinate the due diligence process which involves meeting with real estate managers/GPs, utilizing various due diligence questionnaires (quantitative, qualitative, ESG) & organizing GP responses, deal screening, conducting physical asset tours, analyzing fund terms & fee structures, assessing track record performance, conducting market research, liaising with internal/external stakeholders and preparing the Investment Recommendation memorandum for the approval of Townsend's Investment Committee. Investment Research Conduct an annual review of open-ended core funds in the Asia Pacific region including diversified funds and country specific/sector-specific funds. Participate in meetings with Townsend clients/portfolio managers and provide updates on the Asia Pacific real estate market and investible universe. Assist in the preparation of Townsend's View of the World (proprietary macro strategy research) and formulate recommended investment strategies. Asset Management Oversight/management of existing investments including periodic updates of investment summaries (fund and asset-level performance) to the broader Investment Management team and updating Townsend's internal TIPS database system. Liaise with managers regarding invested capital, monitoring valuations, pricing and performance and update of TIPS systems. Key Requirements 4 to 6 years' relevant experience in commercial real estate and/or investment management. CPA or CFA candidate would be an advantage. Real estate fund management experience in Asia Pacific required. Real estate investment knowledge in Asia Pacific markets. Genuine and keen interest in real estate and a desire to forge a career in real estate investment management. Strong quantitative, financial/analytical and report writing skills with high attention to detail. Confident, enthusiastic self-starter and team player who thrives in a high-performing culture. Ability to work autonomously and communicate effectively both internally and externally. Strong verbal and written communication skills. Bachelor's or Master's degree in Finance, Real Estate, Accounting or Economics. Seniority level Mid-Senior level Employment type Full-time Job function Finance and Sales Note: Referrals increase your chances of interviewing at Townsend Group. Get notified about new Underwriting Associate jobs in Hong Kong, Hong Kong SAR. #J-18808-Ljbffr