Real Estate Fund Management Director📣 Job Ad

About the Role

Aventus is seeking an experienced Director to join its Real Estate Fund Management team in Riyadh, Saudi Arabia. This full-time position involves senior responsibility for managing real estate funds and investments throughout their entire lifecycle, from initial evaluation and acquisition to active fund management and eventual exit. The role requires strong financial judgment, extensive knowledge of the Saudi Arabian real estate market, and the ability to independently assess and make decisions on investment opportunities.

Key Responsibilities

• Lead the management of Saudi real estate funds across the complete investment lifecycle, including acquisition, active management, and exit.
• Independently assess new real estate investment opportunities and determine their commercial and financial attractiveness.
• Lead real estate transactions from initial evaluation through due diligence, investment approval, execution, management, and exit.
• Review, challenge, and amend detailed financial models, underlying assumptions, valuations, and investment cases.
• Provide strong investment judgment, including the ability to reject opportunities where risk-adjusted returns or investment fundamentals are insufficient.
• Develop and execute fund and asset-level investment strategies.
• Lead decisions relating to the timing and structure of investment exits.
• Conduct detailed financial, commercial, and risk analysis across prospective and existing investments.
• Manage private real estate funds, including the establishment of new funds and the management and exit of existing vehicles.
• Maintain a detailed understanding of fund structures, taxation, governance, and regulatory requirements within Saudi Arabia.
• Manage relationships across the complete real estate ecosystem, including Boards of Directors, developers, investors, agents, consultants, and marketing partners.
• Lead and develop a team of investment/fund management professionals.
• Work closely with internal analytics, reporting, engineering, and technical teams to ensure appropriate oversight of investments.
• Maintain strong relationships across the Saudi institutional investment landscape, including familiarity with PIF and PIF-related portfolio companies.

Candidate Requirements

• Minimum of 10+ years of professional experience, with at least 7+ years specifically within the real estate sector.
• Significant experience within Saudi Arabian real estate is essential.
• Strong track record within real estate investment and fund management, rather than purely development, construction, or technical real estate.
• Demonstrable experience managing real estate funds through different stages of their lifecycle, including the creation and/or exit of funds.
• Personally led a minimum of 3 significant real estate transactions from start to finish.
• Strong understanding of key Saudi real estate markets, particularly Riyadh, Jeddah, Makkah, and Medina.
• Detailed knowledge of Saudi real estate funds, fund structures, management, exits, and taxation.
• Strong understanding of relevant Saudi real estate regulations, including areas such as White Land Tax, vacant-property regulations, and evolving regulatory requirements.
• Advanced financial analysis and modeling capabilities, with the ability to independently review, challenge, amend, and validate investment models.
• Strong understanding of investment and portfolio risk.
• Experience within private real estate funds and institutional investment environments.
• Proven people-management experience, including having directly managed a team of at least 3 professionals.
• Strong stakeholder-management capabilities and experience managing senior internal and external relationships.
• Knowledge of the PIF ecosystem and major Saudi investment/capital companies is highly advantageous.

Work Environment and Growth

This role is based in Riyadh, Saudi Arabia, and offers a potential longer-term succession path to Head of Real Estate. The successful candidate will lead a team within the Real Estate function and manage key stakeholder relationships across the Saudi institutional investment landscape.