Principal/Director

Global Real Estate Market Research and Analytics

Posted on 9/21/2023

INACTIVE

1,001-5,000 employees

Global private markets investment firm offering customized solutions.

Company Overview

StepStone Group is a leading global private markets investment firm, renowned for its tailored investment solutions, advisory, and data services, catering to a diverse clientele including prominent pension funds, sovereign wealth funds, insurance companies, and private wealth clients. The firm's competitive advantage lies in its ability to develop and build private markets portfolios across various asset classes, specifically designed to meet the unique objectives of each client. Furthermore, StepStone's industry leadership is evident in its extensive global presence and its trusted partnerships with some of the world's largest financial entities.

Company Stage

N/A

Total Funding

$2.6B

Founded

2007

Headquarters

New York, New York

Growth & Insights

Headcount

6 month growth

↑ 1%

1 year growth

↑ 14%

2 year growth

↑ 35%

Locations

San Francisco, CA, USA • New York, NY, USA

Experience Level

Entry

Junior

Mid

Senior

Expert

Desired Skills

Data Analysis

Market Research

PowerPoint/Keynote/Slides

Communications

Excel/Numbers/Sheets

CategoriesNew

Business & Strategy

Product

Real Estate

Requirements

10+ years of professional experience in real estate research, asset management or advisory within institutional setting
Advanced degree in finance, real estate or economics with a focus on modern portfolio management
Detailed understanding of global private real estate market, including managers, vehicles, investors
Expertise with managing external data sources for monitoring historical and projected performance of global real estate markets
Strong analytical background
Effective written communication and strong presentation skills
Ability to prioritize activities while working on multiple projects and achieve target deadlines
Proficiency with Microsoft Excel, Word, and PowerPoint

Responsibilities

Oversee the semi-annual publication of “House Views” presentations for internal and external audiences
Oversee the development and subsequent publication of quarterly market update for non House Views quarters
Collaborate with active investment and manager research teams on market outlooks and underwriting conventions
Participate in client meetings and internal investment committees, addressing portfolio market outlook and its impact on portfolio strategy
Coordinate preparation of ad hoc research and presentations
Compose periodic whitepapers
Represent firm through participation in industry conferences, panels and events
Contribute to cross-asset class portfolio optimization models alongside Private Equity, Credit and Infrastructure
Manage use of third party data sources including evaluating vendor selection and understanding data content
Assist with the development of portfolio optimization models across global real estate markets and sectors

StepStone is a rapidly growing Global Private Markets firm who provides customized investment and advisory solutions to some of the most sophisticated investors in the world. With $640 billion of total capital allocations, including $143 billion in AUM, we are highly diversified in the private markets across the globe and provide creative solutions to solve for the objectives of any investment program. With a culture built on entrepreneurialism, partnership and being a team within teams, our firm offers joiners the opportunity to think out loud, collaboratively.

Position Overview

The Principal/Director overseeing Global Real Estate Market Research and Analytics will lead StepStone’s use of third-party data sources (including both purchased data and information gathered from GPs and other research sources) and collaborate with 1) StepStone’s real estate active investment and manager research teams develop its global real estate investment strategies and associated content (presentations, white papers, etc.) on behalf of StepStone’s advisory clients and managed vehicles and 2) with Portfolio Management with respect to use of proprietary data and analytics toward these same ends.

Essential Job Functions:

Oversee the semi-annual publication of “House Views” presentations for internal and external audiences
Oversee the development and subsequent publication of quarterly market update for non House Views quarters
Collaborate with active investment and manager research teams on market outlooks and underwriting conventions
Participate in client meetings and internal investment committees, addressing portfolio market outlook and its impact on portfolio strategy
Coordinate preparation of ad hoc research and presentations
Compose periodic whitepapers
Represent firm through participation in industry conferences, panels and events
Contribute to cross-asset class portfolio optimization models alongside Private Equity, Credit and Infrastructure
Manage use of third party data sources including evaluating vendor selection and understanding data content
Assist with the development of portfolio optimization models across global real estate markets and sectors

Education and/or Work Experience Requirements:

10+ years of professional experience in real estate research, asset management or advisory within institutional setting
Advanced degree in finance, real estate or economics with a focus on modern portfolio management
Detailed understanding of global private real estate market, including managers, vehicles, investors
Expertise with managing external data sources for monitoring historical and projected performance of global real estate markets

Required Knowledge, Skills, and Abilities

Strong analytical background
Effective written communication and strong presentation skills
Ability to prioritize activities while working on multiple projects and achieve target deadlines
Proficiency with Microsoft Excel, Word, and PowerPoint

Salary Range: $150,000 - $200,000

The salary range is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.

About us

Working out of 26 offices in 15 countries, StepStone has a truly global viewpoint. As people are our biggest asset, we offer resources to help our employees reach their full potential. Our principles are based on integrity, transparency, respect and creativity, which together define how we do business.

Join us

When you choose to work at StepStone, you’ll find a group of professionals who are passionate about anticipating changes, solving problems and working together to make it all happen. Our integrated global team shares insights into how managers think and operate, as well as how they might perform.

StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.

Benefits

We offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program for our US office locations, and several wellness initiatives.

Disclaimer / Policy Statements

At StepStone, diversity, equity and inclusion are an integral part of our culture. We are an Equal Opportunity Employer that strives to create an inclusive environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion.

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

Developing People at StepStone

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