Analyst - Real Estate Portfolio Management

Business Overview

StepStone Real Estate (“SRE”) is a global property investor with $151 billion of real estate assets under advisory and $9 billion of AUM.  SRE offers customized investment solutions to institutional Limited Partners across primary fund commitments, secondaries, and co-investments.  SRE’s client relationships range from fully discretionary funds and separate accounts to non-discretionary advisory services.  SRE is a subsidiary of the StepStone Group, a global private markets firm specializing in Private Equity, Infrastructure, Private Credit and Real Estate.

Position Overview:

The Portfolio Management Analyst will be based in San Francisco and will play a critical role in managing, monitoring, and reporting on SRE’s real estate investments. Key responsibilities will include but not be limited to:

Quantitative Analysis:

 - Assisting with quarterly investment valuations
 - Compiling and updating relevant fund models for Stepstone’s various accounts
 - Real estate investment forecasting and scenario analysis
 - Preparing annual re-forecasts of existing investments

Investment Monitoring:

 - Tracking performance of investments through report reviews, site inspections, manager meetings, market research and broker discussions

Presentation and Document Writing:

 - Preparing/coordinating fund-level quarterly reports for both internal and external audiences
 - Monitoring and documenting cash activity
 - Address recurring and ad-hoc investor requests
 - Assisting with business development and client support

Qualifications:

 - Undergraduate degree from top-tier institution
 - Strong analytical and financial skills, accounting background and real estate background a plus
 - 1+ year(s) of real estate investment, accounting, or asset/portfolio management experience required
 - Proficient with Excel, PowerPoint, Word; PowerBI and/or Argus experience a plus
 - High level of commitment and strong self-motivation; strong attention to detail
 - Ability to effectively prioritize and handle multiple tasks
 - Ability to foster a collaborative environment through communication with various internal teams

Environment:

 - Fast-paced, entrepreneurial atmosphere with significant opportunity for growth
 - Team-oriented company where all colleagues wear many hats and help each other succeed
 - While business is the priority, colleagues are encouraged to live healthy, balanced lives

Compensation:

 - Competitive base + bonus structure, dependent on experience