Investment Manager (Real Estate Focus) - Cortes Capital
About The Position
Cortes Capital, the Oklahoma City-based private investment office for the Love family, invests exclusively in private markets, including private equity, growth equity, venture capital, and private real assets. The Investment Manager (Real Estate Focus) supports and leads deal teams, working on every real estate development deal while also evaluating opportunities outside real estate. The role focuses particularly on high-end luxury developments and selected areas of the real estate ecosystem. The Investment Manager combines experienced-analyst work with junior-director responsibilities. The role contributes to theme development, research, sourcing, evaluation, portfolio construction, and monitoring; exercises judgment about which opportunities should proceed through diligence; guides analysts; and leads selected deal teams under the supervision and direction of the Chief Investment Officer. Work includes collaboration with internal investment professionals, private equity general partners, deal leads, marketing agents, attorneys, and other service providers. Travel is required, primarily to meet prospective investments and occasionally to attend conferences and networking events.
Requirements
- Bachelor’s degree with a focus or significant coursework in finance, accounting, real estate, or economics.
- Excellent academic credentials.
- At least four years of experience in an allocator-related role, such as at a family office, endowment, foundation, or consultant.
- Active, good-standing CFA or CAIA charterholder status, or a graduate degree in business, real estate, finance, or investments.
- Ability to work independently and collaboratively as part of a team.
- Ability to source investment opportunities independently, develop investment theses, identify diligence priorities, and provide guidance to analysts.
Nice To Haves
- Ideally five to ten years of experience investing in real estate, including funds and direct deals.
- Real estate investing credentials such as CCIM, CAIA Real Estate Microcredential, or NAR REI Certification.
Responsibilities
- Assist in sourcing, evaluating, and selecting private real estate opportunities under the direction of the Chief Investment Officer, with emphasis on high-end luxury developments and selected areas of the real estate ecosystem.
- Lead selected deal teams outside real estate, particularly in emerging thematic areas, overseeing sourcing and evaluation and directing assigned analysts and senior analysts.
- Collaborate with internal deal teams and coordinate with private equity general partners, deal leads, third-party marketing agents, attorneys, and other service providers.
- Monitor market and economic news, develop and test investment hypotheses through research and analysis, and present findings to the senior team.
- Identify compelling investment themes and prepare theme decks for discussion with the Chief Investment Officer.
- Conduct market mapping and identify potential investment opportunities using networks, databases, and desktop research.
- Gather and initially review investment materials, assess potential attractiveness, and determine whether to advance opportunities into diligence.
- Lead calls and meetings with potential investments, take notes, and prepare summaries that reflect informed opinions about investment merits.
- Review data rooms to evaluate people, processes, returns, historical value creation, risks, and other criteria; compile findings into reports and present them to the senior team.
- Lead reference calls related to investment assessments.
- Review analysts’ work and provide feedback and guidance on investment opportunities.
- Meet in person with potential investments and tour their offices and facilities, as well as those of existing investments during ongoing monitoring.
- Participate in deal-team and broader investment-team discussions and provide well-supported opinions on investment opportunities.
- Draft investment memoranda for review by the Chief Investment Officer.
- Conduct preliminary reviews of LPAs and other relevant legal documents and present findings to the deal-team lead.
- Monitor investments during diligence and after investment, including reviewing quarterly reports and financial statements and participating in update calls with sponsors or management teams.
- Conduct ad hoc research on market and economic developments, calculate performance, and benchmark existing investments.
- Travel to meet prospective investments and attend selected conferences and networking events.
- Supervise, train, and mentor analysts and senior analysts.
- Perform other tasks assigned by deal leads and the senior investment team.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
