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 5bn 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 closed in 2026 raising over EUR 600 million and a Core Plus fund, with approximately EUR 300 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, 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;
- 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 another European language 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.
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Associate - Direct Real Estate employer: Pictet Group
Pictet Group is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong focus on employee development, you will have ample opportunities to grow your skills and advance your career while being part of a team that values risk-aware practices and robust data management processes. The company fosters a culture of excellence and inclusivity, making it an ideal place for professionals seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Associate - Direct Real Estate
✨Get Involved in Local Property Events
Dive into local property expos and networking events! Real estate thrives on connections, so attending these events helps us meet potential employers and industry leaders, plus it's a chance to show off your enthusiasm for the field.
✨Connect with Local Agents on Social Media
Follow and engage with local real estate agents and firms on platforms like Instagram and LinkedIn. Sharing their posts and commenting with your insights can put you on their radar and might even lead to job opportunities at companies like Pictet Group.
✨Don’t Underestimate the Power of Cold Outreach
Got your eye on a specific company like Pictet Group? Don't hesitate to send a direct message or an email expressing your interest. Personalise your approach, maybe mentioning a recent listing or project of theirs, and it could set you apart from other candidates.
✨Utilise Property Management Platforms
Check out property management platforms and job boards tailored for the real estate sector. They often have exclusive listings, especially for full-time roles. Don't forget to visit Pictet Group's careers page directly; we love seeing passionate candidates applying through our website!
Some tips for your application 🫡
Show Your Real-Estate Savvy:When crafting your CV and cover letter, make sure to highlight any relevant experience in the real estate sector. If you've done internships, assistant roles, or even relevant coursework, lay it out clearly. We want to see your familiarity with market trends, property management, or any sales experience you've got under your belt!
Quantify Your Achievements:In real estate, numbers speak volumes! When detailing your past roles, use concrete figures to demonstrate your achievements. For example, mention how many properties you sold, the percentage increase in client satisfaction, or any successful negotiations. These metrics can give your application that extra punch it needs!
Tailor Your Documents for the Job:Every application should feel personal. When applying for the Associate - Direct Real Estate role at Pictet Group, tweak your CV to focus on aspects that are important to them. If they value client relationships, emphasise your interpersonal skills. We want to see you aligning your experiences with what they're looking for!
Keep It Professional Yet Approachable:While we want you to show off your expertise, don't forget to let your personality shine through in your cover letter. A touch of friendliness can set you apart, especially in real estate where client interaction is key. Show that you're ready not just to work with the property but also with people!
How to prepare for a job interview at Pictet Group
✨Know Your Market Trends
In real estate, it’s all about staying ahead of the curve. Make sure we brush up on the latest market trends in the area where Pictet Group operates. Being able to discuss local property values, demand, and upcoming developments will show that we’re not just interested in the job, but genuinely invested in the industry.
✨Prepare for Scenario Questions
Expect some scenario-based questions during the interview. We might get asked how we’d handle different client situations or property evaluations. Preparing our responses for common real estate scenarios not only demonstrates our problem-solving skills but also shows that we can think on our feet in a client-facing role.
✨Showcase Your Connections
In full-time real estate, networking is key! Let’s think about our connections in the industry and what we can bring to Pictet Group. Whether it’s insights on prospective clients or relationships with local contractors, talking about these experiences can set us apart from other candidates.
✨Demonstrate Technical Savvy
Familiarity with different real estate software tools is a big plus. We should be ready to discuss any platforms we've used, whether it's for property management, CRM, or data analysis. Being comfortable with technology not only makes us more efficient, but also shows that we’re adaptable to the tools used at Pictet Group.
