The Rice University Endowment was $5.8 billion as of June 30, 2017. The Rice Endowment ranks in the top 20 endowments of private research universities (by market value) in the US. The endowment is critical to the university’s ability to achieve its goals. The annual distribution from the endowment funds nearly half of the university’s annual operating budget.
The Rice Management Company (RMC) was established October 1, 2009, as a division of Rice University. The goal of the RMC is to provide a stable source of funding for current university operations and to preserve and grow the purchasing power of the endowment to benefit future generations of students. The RMC is responsible for all endowment matters of the university including asset allocation, the selection and termination of investment managers and monitoring performance of the portfolio, and reporting to the Rice Management Company Board of Directors. The endowment primarily utilizes outside investment managers and invests globally across all asset classes.
Real Estate Development Manager would focus on directly held real estate investments. The primary role is creating and leading a new development and management business unit within the RMC's real estate investment team. This business unit will drive development through partnerships with best-in-class developers and manage these partnerships and properties from construction through stabilization and long-term ownership.
The Manager must have significant real estate investment experience and a verifiable track record, excellent judgment, good written and communication skills, the ability to build strong relationships with service providers and business partners, attention to detail, the ability to work in teams, self-motivation, and a passion for real estate.
Position Status: Full-Time
Rice University is an Equal Opportunity Employer with commitment to diversity at all levels, and considers for employment qualified applicants without regard to race, color, religion, age, sexual orientation, gender identity, national or ethnic origin, genetic information, disability or protected veteran status.
As a leading research university with a distinctive commitment to undergraduate education, Rice University aspires to pathbreaking research, unsurpassed teaching and contributions to the betterment of our world. It seeks to fulfill this mission by cultivating a diverse community of learning and discovery that produces leaders across the spectrum of human endeavor.