POSITION: Senior Investment Associate – PBSA

MISSION:
Actively participate in and/or lead all phases of the investment process, including sourcing opportunities, investment analysis, financial modelling, preparation of investment materials, due diligence, negotiation, and transaction execution.

KEY RESPONSIBILITIES:

• Identification and sourcing of new investment opportunities

• Analysis and monitoring of market trends

• Preparation of detailed business plans

• Development of complex financial models

• Preparation and analysis of investment documentation and presentation materials for investors and Investment Committees

• Participation in due diligence processes (commercial, financial, legal, and technical)

• Involvement in the negotiation of transaction and contractual documentation

• Support and coordination of transaction closings

• Ongoing monitoring of portfolio performance

• Participation in the fundraising of new vehicles and investment strategies

REQUIREMENTS:

• 5–7 years of relevant professional experience in investment banking, private equity, strategy consulting, or real estate advisory

• Proven experience in the real estate sector

• Degree in Business Administration, Law and Business Administration, Engineering, Architecture, or a related field

• Fluent Spanish and advanced English

• Advanced proficiency in Excel and PowerPoint

CORE COMPETENCIES:

• Initiative and proactivity

• Leadership skills

• Strong numerical and analytical capabilities

• Commercial acumen and negotiation skills

• Results-driven mindset

POSITION:
Azora’s value-add fund, focused on Southern Europe and with equity exceeding €1.2bn, is looking to hire an Investment Associate to join its team.

MISSION:
Support the team throughout all phases of the investment process within Multistrategy (screening, preliminary analysis, financial modelling, due diligence, closing, etc.).

RESPONSIBILITIES:
The selected candidate will support the Multistrategy investment area and collaborate on investment opportunities in Spain. Main responsibilities will include:

• Identifying trends and potential new investment opportunities

• Valuing opportunities across multiple sectors

• Analyzing and monitoring trends across different markets

• Preparing financial models

• Conducting market research and preparing market studies

• Participating in due diligence processes

• Analyzing and preparing documentation on proposed investments and preparing presentations for the Board and Investment Committees

• Analyzing and closing investment opportunities within Multistrategy

• Periodic monitoring of the performance of completed investments

• Pipeline monitoring

• Origination of opportunities through the team’s intermediary network

• Participating in the fundraising process for new funds

REQUIREMENTS:

• 2–3 years of prior professional experience in investment banking, private equity / investment management, strategy consulting, or real estate consulting

• Degree in Business Administration, Law and Business Administration, Engineering, or similar

• Languages: Spanish and advanced English

• Advanced knowledge of Microsoft Office (Excel and PowerPoint)

• Financial modelling skills

COMPETENCIES:

• Strong analytical skills

• High capacity for learning and hard work

• Initiative and proactivity

• Results-oriented

• Team player

POSITION: Investment Internship – Hospitality (Madrid Office)

MISSION:

Support and work alongside the team throughout all phases of fundraising and investment processes (screening, preliminary analysis, financial modelling, Due Diligence, contract negotiation, and deal closing).

RESPONSIBILITIES:

As a member of the investment team, the selected candidate will gain exposure to and participate in all stages of the investment cycle, supporting the Hospitality team mainly in the following areas:

• Assistance in fundraising processes

• Identification of trends and potential new investment opportunities

• Pipeline monitoring and follow-up

• Market research and analysis of relevant information

• Preparation of comparable company/transaction analyses

• Development of financial models to assess investment feasibility, including LBO, DCF, sum-of-the-parts, and multiple-based valuation analyses, among others

• Analysis and preparation of investment documentation, as well as presentations and materials for the Board and Investment Committees

• Participation in Due Diligence processes

• Ongoing monitoring of the performance of completed investments

REQUIREMENTS:

• Final-year undergraduate or Master’s student in Business Administration / Business & Law, Engineering, or similar

• High motivation and strong interest in the investment world

• Advanced level of English

• Strong proficiency in Microsoft Office, particularly Excel and PowerPoint

• Knowledge of and interest in financial analysis and modelling, corporate finance, M&A, etc.

• Initiative and proactivity: entrepreneurial mindset

• Strong learning ability and work ethic

• Results-oriented approach

• Analytical skills

• Teamwork abilities

• Previous experience in investment banking or strategic consulting will be considered a plus

Role

The selected candidate will coordinate investor due diligence processes and information requests (RFPs) and provide support to the fund structuring team.

They will also participate in project coordination and other day-to-day functions of the team. The role involves direct interaction with institutional investors and collaboration with internal teams (compliance, risk, operations, legal, and investment), therefore effective communication and strong cross-functional coordination skills are essential.

Main Responsibilities

Investor Due Diligence & RFPs

• Manage and complete due diligence questionnaires (DDQs) and information requests (RFIs/RFPs).

• Coordinate information gathering with internal teams (compliance, risk, operations, legal, and investment).

• Maintain up-to-date standard responses and supporting documentation database.

Fund Structuring

• Support the review of legal documentation related to fund structures, NDAs, subscription agreements, side letters, and other contracts.

• Assist in coordinating regulatory aspects, including analyses related to investment vehicles and/or investors across different jurisdictions.

Project Management

• Coordinate interactions with external service providers (AIFMs, administrators, depositaries, auditors).

• Oversee key deadlines and deliverables in the implementation of new investment vehicles and other projects.

• Prepare checklists and progress reports.

• Conduct weekly project follow-ups.

Other

• Organize legal documentation for investment vehicles and investors.

• Prepare presentations and materials for internal committees and investor meetings.

• Support recurring reporting to investors and internal departments.

Requirements

• Degree in Law, Business Administration, or a related field.

• 2–5 years of prior experience in a law firm, asset manager, fund administrator, or Big 4 (audit/consulting in asset management).

• High level of English (minimum C1), written and spoken; other languages will be positively valued.

• Knowledge of the regulatory and operational framework for alternative investment funds across different jurisdictions (Spain, Luxembourg, or others) will be an asset.

• Familiarity with standard investor questionnaires (ILPA, INREV, ALFI, etc.) and institutional due diligence.

• Excellent writing and organizational skills, with strong attention to detail.

• Proactive, solution-oriented, and versatile attitude, with the ability to coordinate multiple projects and learn quickly in a dynamic and demanding environment.