StepStone Group · 15 hours ago
Vice President - Real Estate Advisory
New York, United States
Full-time
Hybrid
Mid, Senior Level
$150K/yr - $155K/yr
6+ years expStepStone Group is a global private markets specialist delivering tailored investment solutions and advisory services. The Vice President will assist in delivering comprehensive real estate advisory services to institutional investor clients, focusing on the analysis of real estate managers and funds, and supporting discretionary mandates.
BankingFinancial ServicesFinTechReal Estate InvestmentVenture Capital
Responsibilities
Source, evaluate, and track real estate fund offerings. This involves networking effectively in the GP community, and conducting regular meetings to learn and vet the offerings. It includes communicating with managers about fund availability and demand as well as sourcing potential secondaries and co-investments
Work as a central part of the team performing detailed due diligence on investment managers and fund offerings. This includes review of investment strategy, track record, team, organizational structure, and alignment of interests. Analyze and write fund summaries and comprehensive investment committee memos. This includes scrutiny of PPMs, DDQs, track records and other related materials in detail and interviewing references
Along with the relevant coverage team, present and support fund recommendations to the Real Estate Funds Investment Committee, Portfolio Risk Management Committee, and as needed, to clients
Effectively manage, train and develop more junior team members to provide support for these activities
Many of these activities will leverage SPI: StepStone Private Intelligence, which is proprietary software. The VP is expected to become proficient with SPI and other firm technology as well as any other technology needed to perform the job. In collaboration with a data gathering systems, team and processes, the VP will assist in gathering, verification and use of a growing asset-level performance database
The Vice President will join the sector team covering US core/core+ funds, however coverage will not be limited to this category and core/core+ experience is not required
Take an active role in client deliverables and conversations. This may include preparing and discussing pipeline reviews and investment recommendations, annual plans, portfolio reviews, and responding to ad hoc client requests. The VP may be asked to contribute to similar functions related to new business development as needed
Respond promptly to client inquiries, ensuring a high standard of service, responsiveness and communication
Monitor economic and real estate market environment and trends to understand and discuss context for investment decisions. This may involve discussing SRE House Views with clients
Qualification
Required
BA/BS in Real Estate, Private Equity, Finance, Economics, Accounting, or equivalent relevant experience
6+ years of real estate private equity consulting, portfolio management (preferred) or capital markets roles
Experience in diligencing and underwriting commingled fund structures or SMAs
Demonstrated track record of academic and professional success
Ability to represent the Firm credibly in written and interpersonal communications
Demonstrable analytical capabilities, including strong quantitative/modeling skills
Leadership potential
High proficiency in Word, Power Point and Excel. Experience with PowerBI is desirable
Developing investment judgment and general understanding of risk/reward trade-offs
Flexibility—StepStone is a dynamic and entrepreneurial organization; all professionals are expected to perform multiple functions as the firm continues to grow and develop
Ability and willingness to use, learn and adopt new technologies
Availability to travel, primarily within the eastern US
Promote and demonstrate a positive, respectful team-oriented attitude
Preferred
Applied experience in valuation and investment analysis (particularly capital structures and cash flow waterfalls)
Experience in managing and training more junior team members
High level of confidentiality
Commitment to learning
CFA, CPA, or CAIA a plus
Company
StepStone Group
StepStone Group provides investors with customized portfolios that integrate primaries, secondaries, and co-investments.
1001-5000 employees
H1B Sponsorship
StepStone Group has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (10)
2024 (10)
2023 (9)
2022 (4)
2021 (6)
2020 (6)
Funding
Current Stage
Public CompanyTotal Funding
$205M2024-09-09Post Ipo Secondary· $205M
2020-09-16IPO
Leadership Team
Scott Hart
Chief Executive Officer
Andy Jones
Senior Managing Director
Recent News
2026-01-09
2026-01-09
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