Investment Banking Associate - Real Estate / Secondaries

About the Role - Devon Park seeks to hire a real estate associate to work in the firm's West Palm Beach, Florida area office. The Associate will play a critical role in executing financial transactions, providing strategic advisory services, and supporting senior bankers in deal structuring and client relationship management. The team is small and nimble, offering significant growth opportunities to a highly motivated self-starter.

The associate will perform the following:

Assist in execution of private real estate transactions, including JV equity raises, GP recapitalizations, co-GP and preferred equity investments, and structured capital solutions

Prepare presentation materials and pitches for prospective clients

Analyze client financial and performance information and assist with due diligence investigations of prospective clients and companies

Run financial models of real estate assets, portfolios, and operating platforms (asset level cash flows, equity waterfalls, promote structures, and fund-level returns) with modeling of JV structures and management company cash flows a plus

Assist in the preparation of marketing materials, including private placement memoranda, confidential information memoranda, projection models and investor presentation materials

Coordinating investor meetings and responding to due diligence requests

Maintain a database of investor and sponsor commentary, feedback, and interests

Track market data to assist the group’s communications with fund managers and limited partners

Qualifications - Applicants must possess the following qualifications:

2-4 years’ prior work experience in real estate investment banking (or interested in real estate investment banking and currently in a separate product group, coverage role, restructuring group), with an emphasis on financial modeling; secondaries experience a plus

Strong analytical and quantitative skills with training in the building of presentation materials and financial modeling

Knowledge and familiarity with various asset classes including with institutional investor segments and alternative portfolio preferences

Proven academic excellence with strong attention to detail and high standards of accuracy, background in computer science a plus

A desire to work in a team environment, often under pressure

Enthusiasm for working in an entrepreneurial culture

Strong interpersonal skills and ability to communicate both internally and externally

High level of responsiveness with a strong work ethic and commitment to maintaining a high-quality work product

Location - Role is in-person in South Florida. Candidates must relocate if not local

About the Company - Devon Park is an independent, employee-owned, elite boutique financial advisory firm located in South Florida. The company has a highly experienced senior team with 100+ years of collective buy-side and advisory experience across various types of transactions within the private markets. Devon Park advises leading private equity and real estate private equity firms on strategic and financial matters, primarily by raising capital, executing secondary transactions, and providing capital solutions for private investment funds.

Our strategic advisory and capital raising services for managers and owners of private assets span (i) asset-level liquidity solutions, (ii) fund-level liquidity solutions, and (iii) management company-level financing solutions. As a member of the team, Associates will have the opportunity to work directly with senior bankers that pool their experience from the world’s leading financial advisory firms including Deutsche Bank, JP Morgan, Jefferies, PJT, Morgan Stanley, etc.

Equal Opportunity Statement - Devon Park is an equal opportunity employer. We do not discriminate on the basis of, and will consider all qualified applicants for employment without regard to race, color, religious creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity expression, disability, medical condition, genetic information or predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other category protected by law. Devon Park also complies with all applicable laws with regard to providing reasonable accommodation of disabilities to applicants. For more information or to request an accommodation, please contact us.