Vice President, Asset Management and Fund Head
Overview of Forum
Founded in 1996, Forum is a purpose-driven Alternative Asset Manager, Investor and Developer across North America, with a focus on real estate and private equity. Forum works with its partners to achieve aggressive growth through innovation and consistent performance as a top-tier alternative asset investor. Forum oversees approximately C$1.6 billion enterprise value in assets under management and has transacted over $3B of investments since inception.
We pursue value-added and opportunistic investments, often with an element of recurring or contracted revenue that facilitate optimal capital structuring. We see these opportunities in sectors including real estate, building services, alternative energy, infrastructure and specialty finance – and we’re constantly looking for new and interesting market niches in which to invest.
Forum is an entrepreneurial team working together towards a common goal of achieving Extraordinary OutcomesTM. Our core strengths are our agility, creativity and social responsibility. We encourage our employees to grow by empowering them with challenging work and abundant opportunity. We have a culture that emphasizes collaboration, open communication, continuous learning, humility and integrity. We are committed to building a diverse and inclusive team that reflects the values of our firm – impact, integrity, diversity, innovation and high performance.
Forum’s real estate business is going through a transformational phase with a new Partner and team in place to take on a growing number of ground up development and adaptive reuse projects across Canada, with a target of $300-$400M in annual pipeline.
The firm is raising its first real estate fund focused on core-plus stabilized assets in the multi-family sector. Forum’s Fund Gross Asset Value is expected to be over $2Bby year 5. The fund will hold Forum’s pipeline of development assets once stabilized and will also acquire existing multi-family assets throughout Canada, with a focus on impact and ESG.
Forum is seeking a Vice President, Asset Management and Fund Head (“VP Asset Management”) to play a key role within Forum’s growing real estate platform. The VP Asset Management will grow/lead Forum’s first real estate fund and be directly responsible for the portfolio and asset management of its real estate. The VP Asset Management will report to the Partner, Real Estate and will have an existing director-level direct report to start.
The successful candidate will have a demonstratable track record of hands-on strategic asset management and portfolio management of multi-family project across Canada and must be a driven professional that is eager to take on the challenge of playing a key role in building a business.
The Candidate’s scope of responsibilities will be multi-faceted:
- Oversee a growing portfolio of residential assets (including traditional multi-family, purpose-built student housing and co-living) from a strategic investment perspective, ensuring the goals and objectives of each asset as well as the portfolio are established and carried out through the effective management and operation of each property
- Play an investor relations role, attending conferences/events/quarterly meetings and together with Forum’s partners as well as the VP Business Development manage relationships with existing as well as prospective investors of the Fund
- Work with Forum’s real estate acquisitions and development teams to provide long-term ownership insights into the prospective investment targets and development projects