Fund Finance Manager; Real Estate Debt

Job Title:

Fund Finance Manager (Real Estate Debt)

London, St Pauls

Investment Operations

Investment Operations Associate Director

'You will take a leading role within the Real Estate Fund Finance team, with primary responsibility for fund operations across a portfolio of Real Estate Debt funds. The role is multi-disciplinary, leading work streams across Fund Control, Fund Accounting and Transaction Execution functions and requiring co-ordination across the business to ensure effective execution of the strategy's operations. You will take responsibility for leading deal closings for these funds working with internal and external parties to ensure deadlines are met, operational issues are addressed and stakeholders are informed.

You will have consideration for commercial objectives of front office teams while maintaining a strong risk managed approach to acquisitions, disposals and ensuring regulatory and statutory compliance throughout the asset lifecycle across multiple jurisdictions. You will ensure a robust level of financial control, reviewing the output from third party administrators ("TPAs"), overseeing compliance with all tax and regulatory filings, and recommending and implementing improved processes and controls.

The role offers a significant variety of day-to-day responsibilities which will include supporting portfolio managers and fund marketers, and working closely with TPAs and legal and tax advisors. To excel, you will have prior experience of operating Private Markets funds and be knowledgeable about deal closing procedures. We are seeking a proactive and detail-oriented professional with a strong sense of ownership, combining analytical problem-solving skills with the ability to work both independently and collaboratively, while communicating confidently with stakeholders at all levels.'

• Real Estate Debt consists of ₠2.8bn AUM and forms a cornerstone of ICG's wider ₠10bn AUM Real Estate platform.
• Real Estate Debt includes a variety of Funds and Separate Managed Accounts investing across senior, whole, development and residential loan strategies.
• The flagship Real Estate Debt Fund series is currently fundraising its seventh vintage (RED VII) with a target fundraise of ₠1bn.
• The Real Estate Fund Finance team oversees all areas of fund operations including deal closing and funding, dry powder and liquidity management, fund borrowing and leverage, FX hedging, valuations, drawdowns/distributions, NAV production, fund and deal performance monitoring, investor performance reporting, fund forecasting, carried interest, new fund setup and assisting with fundraising requests.
• Real Estate Fund Finance is a team of 15 (nine in London + six in Pune) of which Real Estate Debt has four dedicated individuals (two in London + two in Pune).
• Co-ordinates closely with SDP Investor Reporting team (two in Warsaw)
• Support and closely collaborate with multiple stakeholders across the business including TPAs, Fund Boards, banking providers, auditors, Client Solutions and Marketing, Portfolio Managers/ Investment team, Treasury, Fund Legal, Tax and ICG plc finance

• End-to-end deal execution support for new deals, disposals and refinancings along with internal and external stakeholders.
• End-to-end financing and back leverage execution support.
• Evaluate operational risks, handoffs, map critical dependencies, and define post-closing requirements
• Administrator onboarding and ongoing relationship management.
• Oversight of TPAs to ensure all banking requirements are in place and new facilities are implemented
• Oversee tax structuring for new investments and fund vehicles, coordinating with internal tax teams and external advisors.
• Assist with depository led pre and post transaction support, ownership verification and ongoing monitoring

• Oversee the full lifecycle of fund operations, including capital activity, investor reporting and liquidity management.
• Legal entity formation and Fund and SPV liquidations
• Managing ICG…