At a Glance
- Tasks: Support investment processes, manage portfolios, and assist in fundraising efforts.
- Company: Join Pictet Group, a leading alternative investment asset manager with over €50bn in assets.
- Benefits: Gain exposure to diverse asset classes and work in a dynamic, supportive environment.
- Why this job: Be part of an ambitious team in a start-up atmosphere while learning from industry experts.
- Qualifications: University degree in Finance or related field; 2-4 years experience in private real estate preferred.
- Other info: Fluency in English and German is essential; strong interpersonal skills are a must.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Join to apply for the Associate – Direct Real Estate role at Pictet Group Join to apply for the Associate – Direct Real Estate role at Pictet Group Your team Pictet Alternative Advisors (PAA) is a leading alternative investment asset manager that is part of the Pictet Group, with a focus on private equity, private real estate, private credit and hedge funds. Pictet Group currently has more than €50bn of AUM in alternatives and more than USD 4bn of private real estate AUM. Your team Pictet Alternative Advisors (PAA) is a leading alternative investment asset manager that is part of the Pictet Group, with a focus on private equity, private real estate, private credit and hedge funds. Pictet Group currently has more than €50bn of AUM in alternatives and more than USD 4bn of private real estate AUM. You will be part of a team of 20 professionals dedicated to Pictet’s pan-European Direct Real Estate franchise, which began in 2019 with the launch of Elevation Fund I, a EUR 700 million value-add fund. Elevation Fund II was launched in 2023, and a Core Plus fund, with approximately EUR 200 million under management, was launched in 2021. The team is distributed across several locations: in London, where the core investment and asset management teams are based; in Geneva, where the investment legal and investor relations teams operate; and in Berlin, Stockholm, and Madrid, where our regional heads are located. Additionally, fund support functions such as fund administration, compliance, and legal affairs are situated in Luxembourg. As we continue to expand our franchise, we are seeking a highly motivated individual to join our investment team in London. Your role Support the acquisition process: Assist in sourcing new investment opportunities, reviewing underwriting / modelling investments, preparing documents required for internal Investment Committee approval, carrying out due diligence (commercial, technical, legal, structuring, tax), agreeing terms with various counterparties; Assist in asset and portfolio management process : Work with the team to manage a multi-sector, pan-European portfolio of direct real estate investments. Collaborate with operating partners and your asset management and finance colleagues to enhance investment performance and help prepare quarterly reports and ad-hoc internal presentations; Contribute actively to disposal and refinancing processes : Coordinate with operating partners, brokers, lenders and prospective buyers to successfully dispose of portfolio assets. Assist in evaluating performance impact of sales and refinancings; Contribute to fundraising process : Assist in preparing ad-hoc materials related to existing and pipeline investments. Your profile University degree in Finance, Economics or Accounting, Engineering, or an equivalent qualification from a top tier university; 2 to 4 years of experience in private real estate, acquired either through an investment bank or a high calibre value add fund or an operating partner. Prior exposure to the DACH region is a plus; Proven solid modelling and analytical skills acquired in demanding working environments; Outstanding interpersonal and communication skills, and a natural ability to work with a team across various locations; Excellent command of English and German is required for this role. In addition to professional skills, the successful applicant should demonstrate enthusiasm, dynamism, maturity and be eager to achieve results, always with a keen sense of ethics and as a strong team player. As the chosen candidate you will have a unique opportunity to join one of the world’s leading private financial institutions, in an ambitious direct investments team, working from the outset in an exciting “start-up” environment while being supported by experienced senior industry professionals in the PAA team and the wider Pictet Group. This position will provide you with exceptional exposure to different asset classes and transactions across Europe, to senior high-calibre professionals with strong industry track records and the possibility to directly contribute to the success of the franchise. Note We will not accept any CVs via agencies Diversity & Inclusion Pictet is an equal opportunity employer and is committed to creating a diverse environment. We respect all individuals and seek their inclusion in the workplace. Seniority level Seniority level Entry level Employment type Employment type Full-time Job function Job function Sales and Management Referrals increase your chances of interviewing at Pictet Group by 2x Sign in to set job alerts for “Real Estate Associate” roles. 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Associate - Direct Real Estate employer: Pictet Group
Contact Detail:
Pictet Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate - Direct Real Estate
✨Tip Number 1
Network with professionals in the real estate sector, especially those who have experience with private equity and direct real estate investments. Attend industry events or webinars to connect with potential colleagues at Pictet Group and gain insights into their work culture.
✨Tip Number 2
Familiarise yourself with the latest trends in the European real estate market, particularly in the DACH region. Being knowledgeable about current market conditions and investment strategies will help you stand out during interviews.
✨Tip Number 3
Prepare to discuss your analytical and modelling skills in detail. Be ready to provide examples of how you've applied these skills in previous roles, as this is crucial for the Associate position at Pictet Group.
✨Tip Number 4
Showcase your teamwork and communication abilities by sharing experiences where you successfully collaborated with diverse teams. Highlighting your interpersonal skills will be key, given the multi-location nature of the role.
We think you need these skills to ace Associate - Direct Real Estate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in private real estate, investment banking, or similar fields. Emphasise your analytical skills and any specific projects that demonstrate your ability to manage investments.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Associate role at Pictet Group. Mention your understanding of their investment strategies and how your background aligns with their goals, particularly in direct real estate.
Highlight Language Proficiency: Since the role requires excellent command of English and German, make sure to clearly state your language skills. If you have certifications or relevant experiences that showcase your proficiency, include them.
Showcase Team Collaboration Skills: Pictet values teamwork across various locations. Provide examples in your application that demonstrate your ability to work collaboratively in diverse teams, especially in high-pressure environments.
How to prepare for a job interview at Pictet Group
✨Know Your Numbers
As an Associate in Direct Real Estate, you'll need to demonstrate strong analytical skills. Brush up on your financial modelling and be prepared to discuss specific metrics related to real estate investments, such as IRR, cash flow projections, and cap rates.
✨Showcase Your Team Spirit
Pictet values collaboration across various locations. Be ready to share examples of how you've successfully worked in teams, especially in cross-functional settings. Highlight your interpersonal skills and how they contribute to achieving common goals.
✨Research the Company and Its Funds
Familiarise yourself with Pictet Group's investment strategies, particularly their Direct Real Estate franchise. Understand the specifics of Elevation Fund I and II, and be prepared to discuss how you can contribute to their success.
✨Prepare for Technical Questions
Expect questions that test your understanding of due diligence processes and asset management. Review common scenarios you might face in the role, such as evaluating potential investments or managing portfolio performance, and think through your responses.