Investment Associate

Dash Living is Asia Pacific's leading manager and operator of living sector assets, with a presence in Hong Kong, Singapore, and Japan. Acquired in 2025 by Rava Partners, the real estate private equity arm of Hillhouse, Dash Living has continued its rapid growth and regional expansion.

Managing over 2,000 rooms, Dash creates a global community through shared economies, technology, and curated member experiences, enabling modern, connected living. The company proudly partners with esteemed real estate investment managers such as BlackRock, Greystar, Schroders, PGIM Real Estate, and Hines to manage its portfolio.

Start Date: Immediate

Location: Tokyo

THE TEAM

You will join a high-caliber, institutional real estate team composed of professionals from premier global firms, including Blackstone, Goldman Sachs, PAG, Morgan Stanley, Ares Management, Fortress Investment, and TPG Angelo Gordon. We combine the analytical rigor of these top-tier platforms with the speed and agility of a fast-growing, entrepreneurial environment.

ROLE DESCRIPTION

As Dash Living continues to redefine the "Living Sector" across Asia-Pacific, we are looking for a high-energy Investment Associate to join our Acquisitions team in JAPAN.

You will be tasked with identifying and executing opportunities that scale our portfolio across diverse markets. You will bridge the gap between institutional capital and operational excellence, ensuring every acquisition aligns with our vision of providing sustainable, tech-enabled managed living solutions.

• Feasibility studies of living sector acquisition opportunities such as multi-family residential and hotels across the Japan market.
• Create and revise financial models for underwriting and asset management purposes
• Support and liaise with internal and external stakeholders regarding the transaction structures and completion.
• Follow up and ensure a smooth handover to the property management and operation team during and after transaction completion.
• Building of case studies for existing assets to support fundraising efforts.

• 2–3 years in Real Estate Private Equity, Investment Banking, or Real Estate Corporate Finance.
• Broad exposure to Asia-Pacific real estate markets; experience in "Living Sectors" (Co-living, Multifamily, or Hospitality) is highly preferred.
• Expert-level financial modeling skills and a deep understanding of deal structuring (legal, tax, and capital stacks).
• Ability to look beyond the spreadsheet to identify operational efficiencies and value-add opportunities.
• Japanese language proficiency: JLPT N1 level or equivalent professional fluency.
• Refined presentation skills; ability to articulate complex investment theses to diverse stakeholders in English (additional languages like Cantonese or Mandarin are a plus).
• A "self-starter" mentality comfortable in a fast-paced, high-growth HQ environment.

• Opportunity to build Asia’s leading living sector brand in Japan.
• A dynamic startup environment with clear career progression
• Experience in working with overseas teams
• Great platform to perform and learn for the best
• Fringe benefits + extra leave entitlement.

Personal Information Collection Statement-Applicants’ personal information will be used for recruitment and employment matters only; information will be kept in strict confidence; information of unsuccessful applicants will be shredded after the recruitment process; subject to provisions under the Personal Data (Privacy) Ordinance, applicants have right to access and make corrections of their personal data.