Job Description

Partners Enterprise Capital, LLC (PEC) is seeking an Associate with a minimum of one year of experience for its team in Chicago. PEC is an independent investment management firm with approximately $10 billion of assets under management in the form of long‐term private equity investments in real estate operating companies (REOCs) throughout the United States. PEC primarily focuses on the industrial, apartment and retail sectors. This position will be a key member of the portfolio management team that is tasked with efforts to value, track, analyze and report on the existing operating portfolio to help drive strategic insights and decision making . The individual

will also serve as a resource to the investment management team.

This position provides an exceptional opportunity to be part of small company that employs an innovative and highly successful business model in close collaboration with our capital partner and portfolio company management teams. The approach is strategic and relationship‐driven versus transactional, with a very long‐term view that includes business building versus simple execution of investment strategies. PEC has a flat organizational structure and all roles are broad and dynamic. A significant foundation of organizational resources and capital is in place to facilitate continued growth of the portfolio, both through the organic expansion of existing portfolio

companies as well as incremental investments in new REOCs.

The qualified individual will be an analytical thinker with a strong work ethic, willingness to wear multiple hats, and desire to be an integral part of a team‐oriented business. This person will have strong interpersonal and analytical skills and be able to interpret and analyze data regarding the existing operating portfolio as well as new investment opportunities. This role is critical to the team’s continued growth and success.

The primary areas for which this individual will be accountable:

Portfolio Management
- Develop comprehensive familiarity with PEC sectors, REOCs, markets and assets
- Direct responsibility for quarterly mark to market asset valuation including maintenance and assembly of the quarterly valuation file and review and analysis of asset level data
- Develop a solid understanding of operating company financial models and execute periodic updates and enhancements
- Review, interpret, and present property and company level performance data (e.g., performance, attribution, etc.)
- Assist with the integration of information and data collection across the portfolio for quarterly investor reporting
- Participate in market and asset level surveillance efforts
- Ongoing and special research related to space market fundamentals and macroeconomic trends
Investment Activity
- Assist with the review of acquisitions, dispositions and debt financing being deployed at the REOC level
- Management of communication between the REOC, PEC, managing board and capital partner
- Collect, synthesize and respond to feedback from each of these groups, and collaborate with the REOC management teams to incorporate as necessary
Strategy
- Support senior PEC investment management professionals and REOC management teams in the preparation and review of annual REOC business plans
- Ongoing participation in portfolio and investment management team discussions and deliberations related to the strategic and tactical aspects of existing and new REOC investments

Required skills, capabilities and experience:

One year minimum experience
- Professional and/or academic training in the fundamentals of real estate underwriting
- Real estate valuation knowledge desired
Bachelor's degree required, preferably with a concentration in finance, real estate, economics or a quantitative discipline
Interest in data analytics and technology
Strong quantitative analysis, problem solving, presentation and writing skills
Technological aptitude, including advanced capabilities in Excel and Argus
Irreproachable character and integrity
Sound judgement
Intellectual curiosity
Desire to make an impact
Ability to form great relationships based on trust and goodwill
Ability to manage sensitive information with discretion and strict confidentiality
Ability to multitask and prioritize workload to meet established deadlines and performance standards
Travel required including overnight stays (< 25%)

PEC is an equal opportunity employer and makes employment decisions on the basis of merit. Company policy prohibits unlawful discrimination based on genetic characteristics or information, race, color, creed, sex, gender, gender identity, religion, marital status, partnership status, age, national origin or ancestry, alienage, physical or mental disability, medical condition, veteran status, sexual orientation or any other consideration made unlawful by federal, state or local laws.

Investment Management

Financial Analysis

Portfolio Management

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