Senior Director, Acquisitions at Crusoe: Powering the AI Revolution

Crusoe is on a mission to accelerate the abundance of energy and intelligence, building the infrastructure for a world where people can create ambitiously with AI, sustainably and at scale. We are seeking a highly experienced and motivated Senior Director, Acquisitions to lead our investment strategy and transaction execution for our large-scale AI data center platform. If you're passionate about driving innovation, making a tangible impact, and joining a team at the forefront of responsible, transformative cloud infrastructure, this role is for you.

Role Overview

As the Senior Director, Acquisitions, you will be at the forefront of Crusoe's growth, focusing on the critical front-end deal lifecycle. From initial sourcing and underwriting to the closing of complex real estate and infrastructure transactions, you will be the primary leader for new business opportunities, ensuring financial targets are met and deal structures are optimized. This role demands a strategic thinker with a proven track record in institutional real estate acquisitions, a deep understanding of financial underwriting, and the ability to navigate complex negotiations.

A Day in the Life

Your day-to-day responsibilities will be dynamic and multifaceted. Here’s a glimpse of what you can expect:

• Morning: Start your day reviewing potential new business opportunities, analyzing market trends, and identifying promising large-scale land or infrastructure sites for our data center platform. You’ll collaborate with internal teams to assess feasibility and alignment with Crusoe's strategic goals.
• Midday: Lead negotiations on term sheets and Letters of Intent (LOIs), working closely with legal counsel and other stakeholders to ensure favorable terms and conditions. You'll also oversee complex financial proformas and investment underwriting to assess the viability of potential acquisitions.
• Afternoon: Coordinate comprehensive due diligence processes, identifying and mitigating investment risks before closing. This involves managing relationships with tenants, institutional partners, and internal leadership, ensuring everyone is aligned and informed.
• Evening: Serve as the primary point of contact for lenders and investment partners, working to secure project financing and optimize capital structures. You’ll also spend time mentoring future hires and contributing to the organizational design of the real estate investment function.

Why San Francisco?

San Francisco is a global hub for technology, innovation, and finance, making it the ideal location for Crusoe's headquarters and for this pivotal role. Being based in San Francisco provides access to:

• A vibrant tech ecosystem: San Francisco is home to some of the world's leading technology companies, venture capital firms, and talent pools, creating a dynamic and competitive environment for innovation.
• Strategic partnerships: The city offers unparalleled opportunities for building relationships with key industry players, investors, and potential partners.
• A talented workforce: San Francisco attracts top talent from around the world, providing access to a highly skilled and diverse workforce.
• A central location: San Francisco's location allows for easy access to other major tech hubs and markets, both domestically and internationally.

Career Path

This Senior Director role offers significant growth potential within Crusoe. As a key leader in the Acquisitions team, you will have the opportunity to shape the company's investment strategy and contribute directly to its success. Potential career paths include:

• Vice President, Acquisitions: Lead a larger team of acquisition professionals and oversee all aspects of the company's real estate investment activities.
• Senior Vice President, Strategy and Investments: Play a broader role in shaping Crusoe's overall strategic direction and investment portfolio.
• Executive Leadership: Contribute to the company's executive leadership team, influencing key decisions and driving company-wide initiatives.

Salary and Benefits

Crusoe offers a competitive compensation package that includes:

• Competitive Salary: The estimated salary range for this role is $220,000 to $350,000 per year, commensurate with experience and qualifications.
• Restricted Stock Units (RSUs): As a fast-growing technology company, Crusoe provides employees with RSUs, allowing you to share in the company's success.
• Comprehensive Health Insurance: We offer a range of health insurance options, including HDHP and PPO plans, as well as vision and dental coverage for you and your dependents.
• Health Savings Account (HSA) Contributions: Crusoe contributes to your HSA account, helping you save for future healthcare expenses.
• Paid Parental Leave: We provide generous paid parental leave for new parents.
• Life Insurance and Disability Coverage: Crusoe offers paid life insurance, short-term disability, and long-term disability coverage.
• Teladoc: Access virtual healthcare services through Teladoc.
• 401(k) with Matching: We offer a 401(k) plan with a 100% match up to 4% of your salary.
• Generous Paid Time Off: Enjoy a generous paid time off and holiday schedule.
• Cell Phone Reimbursement: We provide cell phone reimbursement to support your work.
• Tuition Reimbursement: Invest in your professional development with our tuition reimbursement program.

Crusoe Culture

At Crusoe, we foster a culture of innovation, collaboration, and sustainability. We are committed to:

• Innovation: We encourage our employees to think creatively and challenge the status quo.
• Collaboration: We believe in the power of teamwork and work together to achieve our goals.
• Sustainability: We are committed to building a sustainable future and minimizing our environmental impact.
• Growth: We provide opportunities for our employees to learn and grow professionally.
• Impact: We empower our employees to make a meaningful impact on the company and the world.

How to Apply

If you are a highly motivated and experienced real estate professional with a passion for innovation and sustainability, we encourage you to apply. Please submit your resume and cover letter through our online application portal. We look forward to hearing from you!

FAQ

1. What is Crusoe's mission?
   Crusoe's mission is to accelerate the abundance of energy and intelligence.
2. What are the key responsibilities of the Senior Director, Acquisitions?
   Key responsibilities include deal origination, transaction execution, financial underwriting, capital coordination, due diligence, and stakeholder management.
3. What qualifications are required for this role?
   A minimum of 10 years of experience in institutional real estate acquisitions or commercial real estate transaction advisory is required.
4. What is the salary range for this position?
   The estimated salary range is $220,000 to $350,000 per year.
5. What benefits does Crusoe offer?
   Crusoe offers a comprehensive benefits package, including health insurance, RSUs, paid time off, and a 401(k) plan.
6. What is the work environment like at Crusoe?
   Crusoe fosters a collaborative and innovative work environment.
7. What is the career path for this role?
   Potential career paths include Vice President, Acquisitions and Senior Vice President, Strategy and Investments.
8. Does Crusoe offer relocation assistance?
   The job description says to be based in or willing to relocate to the San Francisco Bay Area. Please confirm with the hiring manager.
9. What is Crusoe's commitment to sustainability?
   Crusoe is committed to building a sustainable future and minimizing our environmental impact.
10. How can I apply for this position?
    Please submit your resume and cover letter through our online application portal.