Real Estate Fund Operations Jobs (NOW HIRING)

Morgan Stanley Investment Management ("MSIM"), together with its investment advisory affiliates, has more than 1,300 investment professionals around the world and $1.7 trillion in assets under management or supervision as of June 30, 2025. Morgan Stanley Investment Management strives to provide strong long-term investment performance, outstanding service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.
Morgan Stanley Real Estate Investing ("MSREI") is the global private real estate investment management business of Morgan Stanley. One of the most active property investors in the world for over three decades, MSREI employs a patient, disciplined approach through global value-add / opportunistic and regional core / core-plus real estate investment strategies. With 17 offices throughout the U.S., Europe and Asia, regional teams of dedicated real estate professionals combine a unique global perspective with local presence and significant transaction execution expertise. MSREI currently manages $54 billion of gross real estate assets worldwide on behalf of its clients.
Position Description:
The individual will play an integral role in supporting all aspects of finance, reporting and operations for the North Haven Real Estate Funds ("NHREF"). This role would uniquely position the candidate to collaborate with global teams and senior management of MSREI. Attention to detail and strong financial and analytical skills are critical to success in the position, alongside the ability to multitask and efficiently utilize resources.
The NHREF series are closed-end private equity funds that acquire value-add / opportunistic real estate and real estate-related assets globally. Its portfolios comprise all major asset classes and include equity investments in single assets, portfolios and real estate operating companies. The current active NHREF represent approximately $6 billion of global real estate assets under management as of June 30, 2025.
Primary Responsibilities:
Fund and Investor Reporting

• Prepare/coordinate fund-level quarterly reports in collaboration with internal stakeholders and the fund administrator
• Assist in the review of fund-level financial statements and partner capital statements, including investor reporting templates
• Support the roll-forward of fund models for each fund, verifying the accuracy of financial data, including historical and projected cash flows, investor contributions and distributions
• Assist in the review of management fee and carried interest calculations in accordance with fund governing documents
• Assist in the review of investor capital call and distribution notices, including the accuracy of the investor allocations
• Prepare draft responses to investor inquiries and requests, coordinating feedback and approvals from senior management and Legal
• Assist in the review of quarterly fund-level track record prepared by the fund administrator

Portfolio Management Support

• Support the preparation of the annual Investor and bi-annual Advisory Committee materials
• Support the preparation of the presentation for the quarterly internal working group meetings
• Prepare ad-hoc analysis and management reports, as necessary

Liquidity monitoring

• Update weekly/quarterly fund-level liquidity model
• Monitor liquidity availability, timing of investor capital calls/distributions, need for credit facility borrowings/repayments

Audit and Compliance

• Support internal and external audit efforts to ensure a frictionless and efficient review process
• Support LPA and side letter management / compliance, including expense management, reporting and communications

Investment Team Operational Support

• Assist in the review of property management and/or joint venture agreements, with a focus on identifying and resolving issues related to reporting, audit and tax compliance
• Coordinate the bank account opening process, liaising with investment teams and the banking institutions to ensure timely completion.
• Assist in the coordination of the funding requirements, including the performance of call back verification, to ensure appropriate authorization and control

Qualifications:

• BA/BS required; CA or CPA qualification a plus
• At least 2 years of audit and advisory experience in a major accounting firm; real estate fund finance experience a plus
• Proficiency in closed-end fund accounting is ideal
• Strong communication skills
• Strong attention to detail
• Self-starter with proven ability to multi-task
• Responsive to stakeholder needs, ability to work under pressure, and with flexibility, to meet tight deadlines
• Advanced Microsoft Office skills including PowerPoint, Excel and Word
• Please note this opportunity is 5 days a week in office

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Expected base pay rates for the role will be between $100,000 and $115,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.