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
Knowledge, Skills, and Abilities:
- Technical Expertise: Deep understanding of data center infrastructure, engineering systems (e.g., power, cooling, and networking), and operational requirements
- Project Management: Proven ability to manage complex development and capital improvement projects, ensuring on-time and on-budget delivery
- Real Estate Expertise: Solid understanding of real estate fundamentals, including leasing, valuations, and property management
- Strategic and Analytical Mindset: Ability to identify risks and opportunities and develop actionable strategies to maximize investment value
- Financial Proficiency: Strong financial understanding with proficiency in Microsoft Excel and other financial modeling tools
- Communication Skills: Excellent verbal and written communication skills, with the ability to present complex technical and financial concepts to diverse stakeholders
- Proactive and Organized: Highly detail-oriented and organized, with the ability to prioritize tasks effectively in a fast-paced environment
- Collaborative Approach: Strong interpersonal skills with the ability to work effectively within multidisciplinary teams and foster positive relationships with internal and external partners
- Travel Requirements: Willingness to travel frequently to assets, both domestic and international, as required
Basic 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 preferred
- Experience: 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 required
Other 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.