Investment Manager – Real Estate
Norges Bank Investment Management, New York, NY, United States
Norges Bank Investment Management is seeking a dedicated and results-oriented professional for the position of Investment Manager in its Real Estate group, part of the Active Strategies area.
The Real Estate group operates from London and New York, comprising approximately 45 real estate professionals working across different geographies, sectors and both public and private markets. The team manages a global portfolio of approximately $70bn NAV.
The Investment Manager will work within the North American real estate team covering office and life science investments. The individual will be responsible for managing and transacting on real estate investments across both private and public markets within these sectors, gaining meaningful exposure to asset management and a variety of investment opportunities.
The position is based in New York. Travel throughout North America and Europe will be required.
Duties and responsibilities What you will do
Play leading role in investment origination, due diligence, and execution for private and public real estate opportunities, with transaction ownership from sourcing through closing.
Present investment recommendations to senior management within the Real Estate group, preparing comprehensive investment memoranda and leading deal discussions.
Help to lead asset management relationships of existing investments, serving as a primary point of contact for partners, managers and operators while driving value creation initiatives.
Develop and maintain strategic partnerships with leading real estate operators, fund managers and third‑party service providers across target markets. Mentor and develop investment colleagues while contributing to the strategic direction of NBIM's real estate investment platform.
Qualifications What you need
University degree with high academic credentials; advanced degree (MBA, MSc Real Estate, CFA) preferred.
7-10 years of relevant real estate investment experience from leading institutional investors, real estate private equity firms, real estate investment banks or top‑tier fund managers with demonstrated deal leadership.
Sophisticated financial modelling and analytical capabilities with expert proficiency in Excel, PowerPoint, Word and Argus Enterprise.
Proven ability to structure complex transactions, fund investments and investments into operating companies.
Track record of leveraging technology and AI tools to enhance investment decision‑making and operational efficiency.
Who you are You are an entrepreneurial investment professional who proactively identifies opportunities and takes initiative to drive outcomes. You take ownership of complex challenges, are comfortable navigating ambiguity and deliver thoughtful solutions with minimal oversight. You are forward‑thinking about how AI and emerging technologies can enhance investment analysis and portfolio management and actively champion their adoption. You communicate clearly and confidently in English, effectively presenting sophisticated investment theses to senior stakeholders. You value collaboration and knowledge sharing across teams and bring a global perspective with cultural adaptability to engaging with international markets and counterparties.
What we offer Norges Bank Investment Management offers a rewarding, international fast‑paced working environment, and the opportunity to play a role in safeguarding and building financial wealth for future generations as part of one of the world’s largest funds. Norges Bank Investment Management has a performance culture that values the contribution of every individual and focuses on professional growth.
Our Values We're driven by a culture of continuous learning. We take action while constantly seeking better ways to achieve our goals. Learning is embedded in everything we do. We embrace growth opportunities and strongly encourage lifelong learning. We emphasize digital proficiency, with a particular focus on AI. Our people are expected to be comfortable adopting and leveraging AI tools. We prioritize wellbeing, supporting both ourselves and our colleagues. And lastly, but not least we believe in creating a safe working environment, where we have fun together!
We aim to increase the share of women to exceed or match the industry average across all functions. Norges Bank Investment Management is committed to ensuring Equal Opportunities for all employees.
Recharge when you need to
– All employees get 25 vacation days plus one extra day for the last week of the year. When you’re taking time off, we provide access to holiday facilities in Norway for you and your family.
Planning for the long term
– We contribute 8% of base salary to your 401k DC plan without you needing to contribute. You can focus on the present and don’t worry about the future. Employee contribution options are also available.
Spending time with family
– Becoming a parent? Don’t stress! You’ll get 16 weeks, gender‑neutral, full base pay, parental leave to spend with your child. We also give you paid days off for other emergencies.
Flexible Working
– We operate a hybrid model that allows our colleagues to work from home one day a week from New York, Connecticut, New Jersey and Massachusetts.
Compensation
– The expected base salary range for the role is USD 220,000–300,000, with an additional performance component, the size of which will depend on seniority.
Please note that candidates must already hold a valid work permit for the United States to be considered for this position.
Are you interested? We would love to hear from you! You can apply through the link in this ad, that will take you to the application form in our recruitment system. Applications will be reviewed consecutively throughout the application period. You do NOT need to send a confirmation email for your application. All applications will be reviewed, and you can expect to hear from us in January.
Do you have questions about the role or the team? Please contact Dominic Freud in Boyden.
Please note:
Application close 8. March at 23:59 CET. We will begin the interview process after the application deadline.
Employment with Norges Bank is conditional on an approved security check in accordance with Norges Bank’s policies. This process may include criminal background and credit checks, verification of employment history, and academic record verification. Completion and approval of these checks are required before an employment offer is finalized.
Contacts Dominic Freud, Managing Partner, +1 646-637-6243, dfreud@boyden.com
Location 505 5th Ave 20th floor, 10017 New York
Key information Employer: Norges Bank Investment Management
Reference number: 5082481232
Percentage of full-time: 100%
Employment type: Permanent
Application deadline: 08/03/2026
#J-18808-Ljbffr
The Real Estate group operates from London and New York, comprising approximately 45 real estate professionals working across different geographies, sectors and both public and private markets. The team manages a global portfolio of approximately $70bn NAV.
The Investment Manager will work within the North American real estate team covering office and life science investments. The individual will be responsible for managing and transacting on real estate investments across both private and public markets within these sectors, gaining meaningful exposure to asset management and a variety of investment opportunities.
The position is based in New York. Travel throughout North America and Europe will be required.
Duties and responsibilities What you will do
Play leading role in investment origination, due diligence, and execution for private and public real estate opportunities, with transaction ownership from sourcing through closing.
Present investment recommendations to senior management within the Real Estate group, preparing comprehensive investment memoranda and leading deal discussions.
Help to lead asset management relationships of existing investments, serving as a primary point of contact for partners, managers and operators while driving value creation initiatives.
Develop and maintain strategic partnerships with leading real estate operators, fund managers and third‑party service providers across target markets. Mentor and develop investment colleagues while contributing to the strategic direction of NBIM's real estate investment platform.
Qualifications What you need
University degree with high academic credentials; advanced degree (MBA, MSc Real Estate, CFA) preferred.
7-10 years of relevant real estate investment experience from leading institutional investors, real estate private equity firms, real estate investment banks or top‑tier fund managers with demonstrated deal leadership.
Sophisticated financial modelling and analytical capabilities with expert proficiency in Excel, PowerPoint, Word and Argus Enterprise.
Proven ability to structure complex transactions, fund investments and investments into operating companies.
Track record of leveraging technology and AI tools to enhance investment decision‑making and operational efficiency.
Who you are You are an entrepreneurial investment professional who proactively identifies opportunities and takes initiative to drive outcomes. You take ownership of complex challenges, are comfortable navigating ambiguity and deliver thoughtful solutions with minimal oversight. You are forward‑thinking about how AI and emerging technologies can enhance investment analysis and portfolio management and actively champion their adoption. You communicate clearly and confidently in English, effectively presenting sophisticated investment theses to senior stakeholders. You value collaboration and knowledge sharing across teams and bring a global perspective with cultural adaptability to engaging with international markets and counterparties.
What we offer Norges Bank Investment Management offers a rewarding, international fast‑paced working environment, and the opportunity to play a role in safeguarding and building financial wealth for future generations as part of one of the world’s largest funds. Norges Bank Investment Management has a performance culture that values the contribution of every individual and focuses on professional growth.
Our Values We're driven by a culture of continuous learning. We take action while constantly seeking better ways to achieve our goals. Learning is embedded in everything we do. We embrace growth opportunities and strongly encourage lifelong learning. We emphasize digital proficiency, with a particular focus on AI. Our people are expected to be comfortable adopting and leveraging AI tools. We prioritize wellbeing, supporting both ourselves and our colleagues. And lastly, but not least we believe in creating a safe working environment, where we have fun together!
We aim to increase the share of women to exceed or match the industry average across all functions. Norges Bank Investment Management is committed to ensuring Equal Opportunities for all employees.
Recharge when you need to
– All employees get 25 vacation days plus one extra day for the last week of the year. When you’re taking time off, we provide access to holiday facilities in Norway for you and your family.
Planning for the long term
– We contribute 8% of base salary to your 401k DC plan without you needing to contribute. You can focus on the present and don’t worry about the future. Employee contribution options are also available.
Spending time with family
– Becoming a parent? Don’t stress! You’ll get 16 weeks, gender‑neutral, full base pay, parental leave to spend with your child. We also give you paid days off for other emergencies.
Flexible Working
– We operate a hybrid model that allows our colleagues to work from home one day a week from New York, Connecticut, New Jersey and Massachusetts.
Compensation
– The expected base salary range for the role is USD 220,000–300,000, with an additional performance component, the size of which will depend on seniority.
Please note that candidates must already hold a valid work permit for the United States to be considered for this position.
Are you interested? We would love to hear from you! You can apply through the link in this ad, that will take you to the application form in our recruitment system. Applications will be reviewed consecutively throughout the application period. You do NOT need to send a confirmation email for your application. All applications will be reviewed, and you can expect to hear from us in January.
Do you have questions about the role or the team? Please contact Dominic Freud in Boyden.
Please note:
Application close 8. March at 23:59 CET. We will begin the interview process after the application deadline.
Employment with Norges Bank is conditional on an approved security check in accordance with Norges Bank’s policies. This process may include criminal background and credit checks, verification of employment history, and academic record verification. Completion and approval of these checks are required before an employment offer is finalized.
Contacts Dominic Freud, Managing Partner, +1 646-637-6243, dfreud@boyden.com
Location 505 5th Ave 20th floor, 10017 New York
Key information Employer: Norges Bank Investment Management
Reference number: 5082481232
Percentage of full-time: 100%
Employment type: Permanent
Application deadline: 08/03/2026
#J-18808-Ljbffr