Are REPE firms hiring lateral acquisitions associate right now?

I'm 2.5 years into an associate role at a large global investment manager in the RE group in NY. I have 2 years of REIB prior to this role.

I've been looking to leave for about 3 months now. I've interviewed at 3 or 4 places, but nothing has materialized (one place I interviewed at put their search on hold to sort out some internal issues). I've spoken with god-knows-how-many recruiters, but the vast majority haven't been helpful.

That said, I'm worried that places aren't hiring and that I'm going to have to ride out another bonus cycle at my currently firm (May).

So- are places hiring? Or has hiring slowed given where we are in the cycle? Any insight, WSO?

 

There's still some people looking around for qualified young guys... but it's not boom times. Market looking a bit highly priced and so forth. Just wondering -- if you've already been 2.5 year associate, why not stay another year or whatever and get moved up to VP at your current shop? Is that not a possibility in your current program? If it is then you should strongly consider it because the less years you're an associate the better, from both a comp and experience perspective.

 

Perferendis qui ducimus aut sunt placeat. Dolorem ex non rerum suscipit aut ea dolorem quia. Eos dolores dolorem est dolorem. Et animi quia mollitia aut consequatur voluptatem.

Sit animi quia autem ea ut et pariatur. Aut et dolorem architecto et totam.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (90) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”