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Nomura

Private Credit Investor (Real Estate) Vice President

Nomura, New York, New York, us, 10261

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Private Credit Investor (Real Estate) Vice President

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Nomura Job description: Corporate Title:

Vice President Department:

Nomura Capital Management (NCM) Location:

New York, NY Mon-Wed in office, Thurs-Fri optional home or office The base pay range

for this position at commencement of employment is expected to be between

$225K - $300K/yr Company overview Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com. Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors. As part of its efforts to expand its investment management business in the Americas and enhance its overall offering, Nomura Holding America Inc. established a new business line – Nomura Capital Management (NCM). NCM provides RIAs and their clients with access to private markets. The first strategy provides diversified exposure to private credit sectors through an interval fund structure. The second fund launched is a private credit drawdown strategy. Additional products/strategies will be developed in other private markets such as real estate, infrastructure, private equity or venture capital. Overview of Position: Nomura Capital Management (NCM) is seeking a seasoned vice president to work on the Opportunistic Private Credit Team with a real estate debt focus for the Nomura Alternative Income Fund (NAIFX). The candidate will play a critical role in sourcing and managing deal flow while working closely with the PM team and research team to deploy capital effectively. The candidate will lead the sourcing and diligence of private credit co-investments alongside third party originators and fund managers. The vice president will have 5-7 years of credit experience in private real estate debt. The ideal candidate will be familiar with interval funds, the real estate fund management and originator universe, and understand underlying transaction risk profiles. Responsibilities: The successful candidate will have a demonstrated track record of sourcing and diligencing prospective real estate investment strategies primarily by engaging with fund managers and industry participants, and underwriting investments with fund managers, co-investments, and direct investments. Investments may take varying forms including allocations and partnerships with fund managers, originators, operating platforms, co-investments and direct investments. The candidate should also be interested in completing more thematic market research to identify new sub-strategies and emerging areas to focus on as the macro environment changes. This candidate will leverage their prior experience, network and the broader NCM and Nomura organizations to deploy capital in a consistent, methodical way to generate superior risk adjusted returns. Responsibilities include but are not limited to: Lead due diligence, structuring investments and fund partnerships considering investment objectives, fundamental credit analysis, the potential use of various forms of leverage and the impact on risk and return, tax and legal considerations for a ’40 Act registered interval fund. Oversee deal structuring and execution, coordinating with internal and external counterparties. Ability to manage multiple investment processes with junior resources in parallel to drive results. Maintaining and expanding a network of investment partners to source and originate co-investments from. Management, development, and mentorship of junior resources. Maintain a pipeline of actionable ideas and emerging themes as the opportunity set continuously evolves. Prepare investment memoranda and related documentation for Investment Committee and monitoring post execution. Continuous evaluation of existing portfolio exposures by tracking key exposures, risk factors, and having regular dialogue with fund managers and industry participants. Manage investments post-closing and develop roadmap to harvest investments over time. A desire to continuously improve and optimize investment diligence, monitoring and reporting. Qualifications: 5-7 years of relevant real estate credit experience. Interval fund and/or private-REIT experience preferred. A deep knowledge of the credit market, with a passion for the market and ability to speak intelligently and commercially. A network to source and originate co-investments. A self-starter that is commercial and results-oriented in structuring investments and partnerships with originators and third party fund managers. An individual who thrives in a fast-paced environment and works with a sense of urgency while never compromising on diligence. An individual who has a demonstrated track record of execution, and a strong understanding of credit analysis. Detail oriented with strong analytical capabilities and a high degree of investment acumen. Uncompromised integrity and honesty. Someone who will operate as a true fiduciary on behalf of clients. Collaborative with interpersonal skills necessary to interact effectively with cross-functional teams. Comfortable to operate in an entrepreneurial culture and contribute to scaling a business unit within a broader organization. Strong academic credentials. *Base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. Nomura is an Equal Opportunity Employer

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