Vice President or Chief Capital Officer of Equity Capital Markets
Reporting to the Chief Executive Officer, the Chief Capital Officer of Equity Capital Markets leads the planning, coordination, and execution of the company’s equity fundraising and investor relations activities. This is a unique opportunity for a high-energy, creative, analytical and resourceful professional to join an entrepreneurial private equity real estate organization that has strong institutional partners. The ideal candidate will be a creative and collaborative self-starter with strong organizational and communication skills, a positive attitude, and an eye for detail. The Chief Capital Officer will be part of the Executive Team and shall lead all fundraising, investor relations, and 3rd party investment banking or placement agent relationships with the goal to productize the capital markets function. This is a key new role for Veritas that provides the creative, relationship oriented executive the opportunity to innovate traditional institutional equity and debt against a newly institutionalized urban multifamily and mixed use asset class, transforming that stock and delighting our residents, employees, and investors.
ESSENTIAL DUTIES & RESPONSIBILITIES
1. Fundraising & Project Execution
- Responsible for driving the fundraising efforts of the company from start to finish.
- Create effective marketing materials and pitch books. Be the point person for updates, quality control, and distribution.
- Work closely with legal counsel to draft and document term sheets, operating agreements, subscription agreements, PPMs, etc.
- Proactively project manage the progress of fundraising activities.
- Ability to thoughtfully create innovative equity and debt structures that match against the long-term horizon of this asset class
- Relationship management of all equity, debt, investment banking and placement agent relationships
- Drive business development and lead generation for new fundraising opportunities.
- Be the point of contact for prospects, including in-office meetings, property tours as well as coordinating and executing on any follow-up items.
- Prepare equity investment strategy and competitor analysis. Recommend appropriate partnership terms as new equity funds are formed.
- Conduct operational, regulatory, and financial due diligence, and prepare reports and presentations.
- Conduct research around business development trends or themes by geography and/or client type.
- Coordinate pitch meetings with potential investors and actively participate in the full due diligence of potential investors.
- Oversee the investor relations function for existing high net worth and institutional investors.
- Respond to investor questions and follow-up as needed.
- Together with Asset Management and Accounting, help in the design and preparation of the quarterly investor update package.
- Monitor investment performance in relation to business plan targets and evaluating market conditions. Create reports and dashboards to communicate performance to investors and the executive team.
- Responsible for maintaining and enhancing the investor database (Juniper Square). Ensure data is up-to-date on the platform.
- Together with the CEO, COO, CIO, and/or CFO, lead periodic investor update calls.
SKILLS AND ABILITIES
- Strong working knowledge of the private equity and real estate industries.
- Confident, resourceful, self-motivated, and dynamic personality.
- Excellent oral and written communication skills, including the ability to explain business terms to investors and potential partners.
- Strong management, organizational, and leadership capabilities. A driven individual with strong sense of personal integrity.
- Ability to execute initiatives timely and deliver results.
- Client-focused and committed to developing creative solutions.
- Broad knowledge of current and emerging real estate market trends.
- Comfortable directing the activities of others, including 3rd parties.
- Confident having conversations with executives and investors.
- Strong project management and change management experience.
- Ability to prioritize, work well under pressure, and multi-task.
- Proven analytical and problem-solving abilities with keen attention to details. Proficient in using the Microsoft Office 360, especially Excel and PowerPoint.
- A team player who collaborates well with others and builds strong working relationships.
- Bachelor’s degree in business administration, finance, economics or equivalent. MBA preferred.
- At least 8-10 years of experience in capital markets, investment banking, private placements or private equity, preferably in the real estate sector.
- Prior experience in institutional sales a plus.
- Minimum of 3-5 years of management responsibilities.
ABOUT VERITAS INVESTMENTS
Headquartered in San Francisco, Veritas Investments is an experienced real estate investment manager that specializes in owning and operating mixed-use multifamily and retail properties in the San Francisco Bay Area.
The company offers institutional and individual investors a vertically-integrated platform and a clearly defined investment strategy that focuses on acquiring undermanaged multifamily and urban retail properties and then enhancing their income and value through building and management improvements. The company holds a track record for moving quickly on opportunities, executing efficiently on strategy, and delivering superior financial performance to investors while giving back to the community.
Veritas Investments has been fortunate to be the recipient of many awards including two recent honors: IREM’s Workplace Environment Award for Employee and Leadership Development and was also named Real Estate Investment Fund of the Year by REFI.
This job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.
We provide employment opportunities (EEO) for all employees and job applicants without regard to race, color, religion, national origin, gender, sexual orientation, age, marital status or disability. We hire and promote individuals solely on the basis of their qualifications for the job to be filled. Qualified job applicants with arrest and conviction records will be considered for the position in accordance with San Francisco’s Fair Chance Ordinance.
The Veritas family of companies is proud to be an Equal Opportunity Employer. For consideration for the above position, please send your resume to firstname.lastname@example.org or send it to:
People and Culture Department
600 California Street, 20th Floor
San Francisco, CA 94108