Job Description
Job Description
Description :
Job Title : VP, Asset Management
Date : February 2025
Dept : Asset Management
Reports to : Managing Director, Investment Management
Location : Washington, DC
Cloud Capital is a global investment management firm founded by Hossein Fateh, the Founder and CEO of CloudHQ LLC and Co-founder and former CEO of DuPont Fabros Technology (DFT). The firm was established to identify, manage, and capitalize on acquisitions of high-quality data centers across the globe. Led by a team of highly experienced investment professionals and supported by CloudHQ, Cloud Capital will acquire, manage, develop and operate data centers to become the long-term owner and operator of choice for tenants globally.
Principal Duties and Responsibilities :
- Lead Day-to-day Asset Management Initiatives : Proactively manage execution of asset management strategies, supporting senior leadership, including the CIO and Investment Management senior leadership
- Development Project Oversight : Manage and report on data center development and capital improvement projects, ensuring timelines, budgets, and technical specifications are met.
- Technical Oversight of Data Centers : Leverage strong engineering and technical skills to understand data center operational needs
- Performance Analysis : Collect, analyze, and review property management reports, including KPIs relevant to both technical performance and financial strategy. Identify and address potential investment risks and opportunities
- Asset Improvement : Drive improvements in asset management systems and processes, incorporating technological advancements and best practices in data center operations
- Issue Resolution : Effectively identify asset performance issues, escalate to senior leadership as needed, and collaboratively determine actionable solutions
- Tenant and Stakeholder Relationships : Build and maintain strong relationships with tenants, property managers, leasing brokers, and development managers. Act as the key liaison to ensure alignment between tenant needs and data center capabilities
- Leasing and Property Management : Oversee leasing activities, property management, facility upgrades, and construction management. Collaborate with brokers to fill vacancies and negotiate lease renewals
- Investment Support : Assist and provide input to the Investment Management team with business plans, quarterly reports, and budgets for acquisitions and during the hold period
- ESG Strategy : Develop and implement asset management ESG (Environmental, Social, and Governance) initiatives tailored to data center operations
Requirements :
Knowledge, Skills, and Abilities :
Technical Expertise : Deep understanding of data center infrastructure, engineering systems (e.g., power, cooling, and networking), and operational requirementsProject Management : Proven ability to manage complex development and capital improvement projects, ensuring on-time and on-budget deliveryReal Estate Expertise : Solid understanding of real estate fundamentals, including leasing, valuations, and property managementStrategic and Analytical Mindset : Ability to identify risks and opportunities and develop actionable strategies to maximize investment valueFinancial Proficiency : Strong financial understanding with proficiency in Microsoft Excel and other financial modeling toolsCommunication Skills : Excellent verbal and written communication skills, with the ability to present complex technical and financial concepts to diverse stakeholdersProactive and Organized : Highly detail-oriented and organized, with the ability to prioritize tasks effectively in a fast-paced environmentCollaborative Approach : Strong interpersonal skills with the ability to work effectively within multidisciplinary teams and foster positive relationships with internal and external partnersTravel Requirements : Willingness to travel frequently to assets, both domestic and international, as requiredBasic Qualifications :
Education : Bachelor’s Degree in Engineering, Business, Finance, or a related field from an accredited university. A Master’s Degree in Finance, Real Estate, or Engineering is preferredExperience : 10+ years of relevant experience in real estate investment management, with a minimum of 5 years in data center asset management. Demonstrated experience in overseeing technical development projects and managing real estate assets is requiredOther Requirements :
Commitment to continuous improvement and staying updated on industry trends, especially within the data center sector.Entrepreneurial mindset with a focus on delivering high returns and long-term value for the fund.