Investment Manager – Real Asset Debt (f/m/d)
CAERUS Debt Investments AG is a long-established investment manager specialising in real asset debt. It is one of the market leaders in credit funds for senior/whole loans and mezzanine loans established for institutional investors, with annual financing in the triple-digit million range. The financing horizon covers all real estate segments and extends across continental Europe, with a particular focus on the DACH region and the Benelux countries.
In June 2025, CapMan established CapMan Real Asset Debt by acquiring a stake of 51% of CAERUS Debt Investments AG.
We are seeking an Investment Manager – Real Asset Debt (f/m/d) to join our team at the Düsseldorf office (with the option for hybrid/mobile working).
About the Role
This opportunity is ideal for experienced professionals with a strong background and network in the real estate debt market. At CAERUS/CapMan Real Asset Debt, you’ll be part of a respected and growing team where your expertise is valued. The position will include:
- Full responsibility for the sourcing, analysis, and underwriting of investment opportunities (including financing for existing properties, as well as project and bridge financing)
- Acquisition of new clients and support for existing client relationships
- Leading negotiations for loan agreements
- Conducting cash flow analyses
- Performing property inspections and location assessments
- Coordinating due diligence processes with external service providers
- Preparing credit decision templates, documentation, and presentations for the company’s investors
- Researching and analysing market data
- Monitoring and managing financing arrangements overseen by the company
- Financial and liquidity planning for investment vehicles
- Responding to investor queries regarding existing investments
Who we are looking for
To be successful in this role we believe that you have;
- Several years of experience in real estate debt/structured finance or comprehensive commercial real estate financing at a bank, investment manager, insurance company, debt fund, or a comparable organisation in the aforementioned areas
- In-depth knowledge of the lending business and debt market
- Experience in supporting real estate clients and conducting relevant discussions
- Proficiency in analysing credit opportunities
- Strong analytical skills
- High level of personal accountability, dedication, and resilience
- Team-oriented mindset, excellent communication and presentation skills, and a confident, professional, and persuasive approach
- Motivation to contribute to the long-term development of the department with a strong sense of ownership
- Excellent command of English
- A degree in finance or economics, education in banking, relevant financial qualifications, or a comparable background.
What we offer
At CAERUS/CapMan Real Asset Debt, you have the chance to make a meaningful impact. As a leading private asset management company with Nordics roots, we possess a unique opportunity and responsibility to help our society thrive.
Our most valuable asset to accomplish this is our talented and driven team. Our colleagues are characterized by ambition, results-orientation and professionalism, feeling at home when working with challenging tasks, growing with large responsibility. With an entrepreneurial mindset, we help our assets and companies grow, while also being energized by developing our own business and skills.
Together, we’ve built a culture of fairness, honesty and inclusivity. At CAERUS/CapMan, we can all be ourselves. And together we can make fantastic things happen.
Benefits
- Flexible worktime and possibility to work remotely
- Phone benefit and modern tools
Our recruitment process
We hire for potential as well as experience. While certain skills and qualifications are important, we believe the ability to grow, adapt, and bring new perspectives matters just as much. Our recruitment process consists of a combination of screening questions, interviews and reference/background checks.
This is a permanent, full-time position with an anticipated start date in January 2026.
Your application
We will conduct application screening and interviews on an ongoing basis. Please apply by sending your CV in English through our recruitment system by Friday 14th November. For additional information, please email Michael Morgenroth, Managing Partner & CAERUS CEO at m.morgenroth@caerus.ag.
We look forward to your application!
About Us
CapMan is a leading Nordic private assets management and investment company with a large international network. Rooted in the Nordics, we have successfully invested across a wide range of private asset sectors for over 35 years. We invest in real estate and infrastructure assets, natural capital and businesses. As active owners we create growth journeys, success stories, and turnarounds, improve Nordic infrastructure, strengthen societies and make businesses more sustainable. Our teams are locally based and guided by Nordic values, committed to honesty, teamwork, and action. Driven by our passion for growing businesses, driving sustainable change, and helping to build the society of tomorrow.
Altogether, CapMan employs around 200 professionals in Helsinki, Jyväskylä, Stockholm, Copenhagen, Oslo, London, Düsseldorf and Luxembourg. We are listed on Nasdaq Helsinki since 2001.
For more information, please visit www.capman.com
