Summer Intern, Debt & Value-Add Investments London, England
Job description
JLL supports the Whole You, personally and professionally.
Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology to our clients. We are committed to hiring the best, most talented people in our industry; and we support them through professional growth, flexibility, and personalized benefits to manage life in and outside of work. Whether you’ve got deep experience in commercial real estate, skilled trades, and technology, or you’re looking to apply your relevant experience to a new industry, we empower you to shape a brighter way forward so you can thrive professionally and personally.
#LI-DNIAbout the jobLaSalle Investment Management are looking to take on a number of bright and motivated individuals to join their Value-Add Investments and Debt Investments teams for Summer 2023.
Value-Add Investments:
LaSalle’s Investment Management’s Value-Add Investments team (the “VA Team”) is a specialist business which invests client capital into pure and structured real estate equity investments across Europe, covering a broad spectrum of asset classes both directly, and via strategic relationships with operating partners (across residential, retail, hospitality, office, and a variety of other niche sectors). Recent hires to build up the VA Team include the new Head of Debt and Value-Add, who was previously at Blackstone and Goldman Sachs, and the new Head of Value-Add who was previously at Meyer Bergman and founded Jackyl. The VA Team currently has c.£400m of equity to deploy in value-add strategies across Europe and the UK across the LaVA II and SSIIV funds and is looking to raise a flagship value-add fund in 2022, targeting €1bn of equity.
Value- Add Investments Summer Internship Role:
The role will be primarily focused on supporting the VA Team with evaluating potential investment opportunities throughout Europe on behalf of the various client mandates, accounts and funds within the VA Team’s remit. The candidate will be responsible for analysing complex investment opportunities and supporting Team members on all aspects of the investment process, including deal screening, underwriting, due diligence and subsequent investment management. The candidate will support VA Team members with financial modelling, interacting with external advisors, performing detailed due diligence, as well as preparing materials for both investment committee discussions and external client presentations. The VA Team is looking for entrepreneurial candidates who aren’t afraid to bring good ideas to the table.
Debt Investments
LaSalle’s Investment Management’s Debt Investment team (the “Debt Team”) are a specialist business which invests fund capital into structured real estate debt investments across Europe. The Debt Team’s investment products include mezzanine, levered whole loans, development, and senior debt investments. The Debt Team was set up in 2010 and has become one the largest providers of alternative finance on commercial real estate in Europe, having invested over €5.2bn in over 90 transactions as of Q3 2022. The Debt Team successfully raised €6.2bn of capital since 2010 across its senior secured, high-yield, and development investment vehicles. The Debt Team is actively exploring new opportunities and investment strategies that complement the platform’s existing investment vehicles.
Debt Investments Summer Internship Role:
The role will be primarily focused on supporting the Debt Team with evaluating potential structured finance investment opportunities throughout Europe on behalf of the various client mandates, accounts and funds within the Team’s remit. The candidate will be responsible for analysing complex investment opportunities and supporting team members on all aspects of the investment process, including deal screening, financial modelling & underwriting, preparation of investment memorandums, interacting with external advisors, due diligence and execution. You will quickly become an integral member of the team with your own responsibilities.
Applications close 11:59pm GMT, 05 February 2023
Candidates must be available to start in Summer 2023
(Suitable for 2024 graduates)
LaSalle is an Equal Opportunity Employer and encourages applications from all sections of the community
If this job description resonates with you, we encourage you to apply even if you don’t meet all of the requirements below. We’re interested in getting to know you and what you bring to the table!
Personalized benefits that support personal well-being and growth:
JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health.
About JLL –
We’re JLL—a leading professional services and investment management firm specializing in real estate. We have operations in over 80 countries and a workforce of over 102,000 individuals around the world who help real estate owners, occupiers and investors achieve their business ambitions. As a global Fortune 500 company, we also have an inherent responsibility to drive sustainability and corporate social responsibility. That’s why we’re committed to our purpose to shape the future of real estate for a better world. We’re using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people, and our communities.
Our core values of teamwork, ethics and excellence are also fundamental to everything we do and we’re honored to be recognized with awards for our success by organizations both globally and locally.
Creating a diverse and inclusive culture where we all feel welcomed, valued and empowered to achieve our full potential is important to who we are today and where we’re headed in the future. And we know that unique backgrounds, experiences and perspectives help us think bigger, spark innovation and succeed together.
