We are currently recruiting for an Investment Manager to join our Property Team in Glasgow. This is an office-based, full-time role, 34.5 hours per week, Monday to Friday.
About Us:
Maven Capital Partners (a subsidiary of Mattioli Woods) is a leading Venture Capital Trust (VCT), Private Equity and Property Fund Manager. The Maven Property Team specialises in providing equity capital for property projects across the UK in a variety of real estate sectors, including Purpose Built Student Accommodation, Build to Rent, hotels, residential and investment property.
Maven Property is a leading developer and founder of real estate projects throughout the UK. We have raised more than £400 million of funding to date and have a current portfolio of 26 properties, with a GDV of more than £300 million. Current investments range from Inverness, in the Highlands of Scotland, to Bournemouth, on the south coast of England. All sectors, focus on Student Accommodation, Residential (including BTR, co-living), Office and Hotels.
For more information about Us visit our website www.mavencp.com
The purpose of the role is to support the property partners and property team in:
- management of portfolio of real estate and real estate loan investments,
- leading banking and/or debt finance transactions in connection with the portfolio;
- sourcing and transacting new real estate investment and lending opportunities and
- assisting to develop new sources of capital for real estate deals.
Main Responsibilities:
Portfolio Management
- Lead responsibility for a portfolio of existing real estate and/or real estate lending investments
- Attend regular board and project meetings to monitor progress of the business/investment, and provide reports to the Investment Committee, recommending follow-on funding or other actions where required
- Work with investee business / JV partners / professional teams to develop a productive relationship and assist the business / project where possible.
- Prepare investment committee papers, presentations and investment memoranda.
- Undertake information gathering on behalf of and preparation of presentations to client funds / investors incl half yearly investor reports.
- Generally take all actions necessary in order to maximise investment value for investor clients including seeking exit opportunities in line or ahead of business plan for each investment.
- Take a leading role in banking transactions within the wider Maven portfolio, not just on own portfolio and be prime contact for Maven lender relationships.
New Investment Activity
- Generate new business introductions and investment / lending opportunities to Maven.
- Perform analysis of new business opportunities to take forward or decline. Perform Initial financial modelling of investment returns for potential investment opportunities.
- Perform market research and analysis, communicating with key parties including external agents and advisors, in relation to potential investment opportunities.
- Prepare investment committee papers, presentations and investment memoranda. Present investment opportunities to the Maven Investment Committee.
- Assist with deal execution activities; including legals, valuation, raising of debt finance and supporting fundraising activities. Drive deal timetable and deliver completed transactions in required timescales.
- Liaise with intermediaries including accountants, lawyers, brokers, architects, project managers, surveyors and CF advisors to generate deal flow and new investors / capital
Experience and Qualifications
- Experience of advising on, investing in, or lending to UK real estate projects
- Experience in managing property or property lending portfolio (desirable).
- Proven track record in originating and executing transactions from initial contact through to completion, including an in depth understanding of the various legal and finance documents
- Banking or real estate lending experience is desirable. Various other relevant backgrounds and routes to this role, including Real Estate Investment, Surveying, Accountancy, Corporate Finance, Entrepreneurship experience and Industry specialists.
The benefits of choosing Maven
Your benefits package includes the following:
- Competitive Salary
- Group Pension (10% employer contribution)
- Life Assurance (7 x Salary)
- Income Protection
- Health Cash Plan
- 25 days annual leave plus bank holiday
- Private Medical Health
- Company Sick Pay
- Enhanced Maternity and Paternity Pay
- Company paid training
- Cycle to work scheme
- Retail discounts