ALTInvest - Analyst/Associate - Investments

Investment Research

- Conduct fundamental research on listed REITs, listed InvITs, and privately placed InvITs and real estate developers.

- Evaluate investment opportunities across commercial and residential real estate, infrastructure, transportation, renewable energy, utilities, logistics, and related sectors.

- Analyse quarterly results, investor presentations, annual reports, credit rating reports, and regulatory filings.

- Monitor operating metrics including occupancy, leasing, rentals, distributions, cash flows, leverage, project performance, and capital allocation.

- Track macroeconomic developments, interest rates, regulatory changes, and industry trends impacting the sector.

- Prepare investment notes with clear recommendations supported by data and valuation.

- Develop DCF, NAV, sum-of-the-parts (SOTP), dividend discount, and relative valuation models and sensitivity and scenario analysis.

- Analyse debt structures, refinancing risks, interest rate sensitivity, and capital allocation.

Portfolio Monitoring

- Track portfolio companies on a daily basis.

- Monitor valuations, NAVs, distribution yields, spreads, and relative performance.

- Identify portfolio risks and emerging investment opportunities.

- Maintain investment dashboards and key performance indicators.

Industry & Regulatory Research

- Track developments across SEBI, RBI, Ministry of Finance, NHAI, Power Grid, Ministry of Power, and other relevant authorities.

- Analyse changes in REIT and InvIT regulations, taxation, and market structure.

- Conduct thematic research on infrastructure and commercial real estate.

Company Interactions

- Participate in earnings calls, analyst meetings, site visits, and management interactions.

- Prepare discussion notes and key takeaways.

- Build relationships with company management teams, industry experts, and sell-side analysts.

Other Responsibilities

Assist in preparing:

- Quarterly investor letters &Monthly portfolio updates

- Market commentaries & Research reports

- Presentation materials & Thought leadership articles

- Co-ordinate with all stakeholders in launching new products/strategies.

Criteria:

- At least a bachelor's degree from Tier-1 colleges with top academic credentials; CFA / CA First Attempt / MBA from Tier-1 colleges is a plus.

- At least 1- 3 years of equity investment/research experience.

- Strong quantitative and presentation skills including MS Excel and MS PowerPoint.

- Attention to detail with strong written and oral communication skills.

- Motivated, proactive, hard worker willing to put in all hours to get the job done.

- Comfortable with working in a start-up in a dynamic environment.