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CAHEC · 3 months ago

Fund Development Manager

United States

Full-time

Remote

Mid, Senior Level

5+ years exp

Community Affordable Housing Equity Corporation (CAHEC) is a non-profit tax-credit syndicator based in Raleigh, NC that helps develop and foster healthy neighborhoods. The Fund Development Manager is responsible for generating and managing prospective investors for CAHEC-sponsored funds, assisting in the management of existing investor relationships, and providing market research on the investment community.

Real Estate

Responsibilities

Market multi-investor and Private Label fund opportunities to existing and prospective investors

Increase fund subscriptions from new investors and diversify sources of investor capital

Precipitate equity subscriptions from existing investors

Generate meetings with qualified prospects a minimum twice per month

Collect, analyze, and report market intelligence on current and prospective investors

Attend local, regional, and national meetings pertaining to the affordable housing industry

Qualification

Fund developmentInvestor relationsMarket researchInvestment bankingReal estate investmentsCommunication skillsInterpersonal skillsAdaptability

Required

Bachelor's Degree in business administration, finance, economics, real estate; or an equivalent combination of education and comparable work experience

Minimum five (5) years progressively responsible work experience in low-income housing tax credits, real estate, capital markets or affordable housing, preferably in an origination role

Possess a basic understanding of investment banking via capital markets, securities analysis, mergers or acquisitions, commercial lending, real estate investments and evaluation, or investment modeling

Demonstrate excellent interpersonal and communication skills (verbal and written), particularly for obtaining, organizing and accurately conveying information pertaining to fund and portfolio performance, marketing, negotiating, and other tax credit matters to internal and external stakeholders

Proven ability to manage multiple, concurrent priorities and easily adapt to constantly changing priorities to meet established timetables