Fund Associate

At Prologis, we don’t just lead the industry—we define it with a 1.3 billion square foot portfolio and an annual throughput of approximately $3.2 trillion. We create the intelligent infrastructure that powers global commerce, seamlessly connecting the digital and physical worlds. From agile supply chains to energy solutions, our ecosystems help your business move faster, operate smarter and grow sustainably. With unmatched scale, innovation and expertise, Prologis is a category of one—not just shaping the future of logistics but building what comes next.

Job Title:

Fund Associate

Company:

Prologis

A day in the life 

The Fund Associate supports the daily operations, financial analysis, and reporting of a Prologis-managed U.S. fund with active development and value-add investments. Working in close partnership with Fund and Portfolio Management teams, the role coordinates closely with Development, Project Management, and Accounting to ensure accurate tracking of development activity and its impact on fund performance. The Fund Associate plays a critical execution role within the fund management team, providing analytical rigor, development visibility, and financial discipline that directly supports capital deployment decisions, investor reporting, and portfolio performance oversight. 

Key Responsibilities Include  

• Maintain and enhance portfolio- and project-level financial models, ensuring accurate integration of development budgets, sources and uses, construction draws, and projected returns into fund-level performance and reporting. 

• Track development progress across the portfolio, including budget-to-actual performance, construction milestones, leasing activity, and projected stabilization timelines. 

• Serve as a key coordination point between Development, Project Management, Accounting, and Fund Management to ensure development activity is accurately reflected in fund models, capital accounts, and investor reporting. Support quarterly investor reporting by compiling development updates, capital deployment summaries, and performance metrics across active projects. 

• Assist in administering fund equity models and the fund administration platform, including the preparation and review of investor capital statements and development-related and fund-level fee calculations. 

• Support debt-related reporting for construction loans and development financings, including draw tracking, lender reporting, and covenant compliance support. 

• Help maintain and improve development data workflows and reporting tools to reduce manual tracking and improve visibility across projects. 

• Prepare internal reporting and ad hoc analyses related to development performance, cost sensitivities, and return impacts for portfolio management and senior leadership. 

• Respond to investor and internal inquiries related to development activity, timelines, and capital deployment, and support due diligence requests as needed. 

Building Blocks for Success 

Required: 

• 3+ years of relevant experience in finance, accounting, economics, construction management, or a related field.  

• Hands-on, self-starter approach with the ability to manage multiple priorities and respond to ad hoc business requests in a practical manner. 

• Strong financial modeling skills with experience in development pro formas, sources & uses, construction draws, and return analysis (IRR, equity multiple, yield on cost). 

• Demonstrated knowledge of real estate development pro