Curious to hear where top REPE professionals at BX, Starwood, Brookfield go after their time at REPE. Do they start their own fund? Lateral to another place? Pursue something more entrepreneurial? Let me know!
| +52 | Leave brokerage to be GP | 12 | 1d | |
| +46 | New Comp Database - Google Form (Now with Data Validation) | 24 | 1d | |
| +24 | Seeking Career Guidance in Real Estate Development Post-Graduation | 3 | 2d | |
| +23 | Spreads over SOFR/UST | 5 | 2h | |
| +23 | Going out on your own | 4 | 1d | |
| +22 | REPE/Development GPA | 15 | 4d | |
| +21 | Real Estate = complicated + underpaid | 15 | 1d | |
| +18 | High achiever that doesn’t want to work weekends | 9 | 4s | |
| +17 | Fisher Brothers | 6 | 1d | |
| +17 | MSRE/MSRED with no RE experience; Naive to think I’ll land a job afterwards? | 4 | 5d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
For most people, those jobs ARE their end game and they will stay for their careers. It's not like banking where you're looking for an "exit".
People who do leave will do any of the things you mentioned, all depends on what they want to achieve. Very few people are built out for the entrepreneurial path (starting a fund/running your own deals), so generally it's going to another shop to move up or find better WLB, or they decide they want to check out a new asset class or try development.
That great! ive always been curious about this as I figured not everyone will stay at these shops forever. It's also interesting to me that given their technical skills/hardwork/intelligence/network they don't try to start their own fund with a couple of buddies. Thanks for the insight
I mean Carlyle associate is a 2 and out so it is literally exactly like banking
Ya because you're basically working IB hours at associate level; that cant be too sustainable right??
This isn't banking. There isn't always a "next step". If you're at a top firm, that's where you stay, unless you go out on your own.
Younger people on this specific sub-forum seem to have a tough time with the concept that there isn't always another rung on the ladder, that at some point you build a career. Which isn't surprising, since teenagers always have a "next" step (study hard to get into a good college, then to get a good job, work hard for the right exit, etc etc). That just does not continue ad nauseum. You grow your career not by leveraging your current position to get more money/seniority somewhere else, but by gaining the experience and confidence to execute deals on your own, and therefore put yourself in a position to negotiate for upside in those deals.
They go to the beach.
Qui autem sunt id hic est et excepturi cumque. Modi cumque ipsa ab ab. Quo possimus inventore dolor. Totam veniam incidunt dolor aut et alias. Maxime aut nulla necessitatibus velit dolor quam ducimus. Adipisci laborum qui beatae autem quam.
Asperiores asperiores animi esse inventore similique quis. Autem perferendis rerum in impedit quo sunt. Ut beatae dolores sint quis architecto. Est ut voluptates non odit est sed.
Quibusdam quae reiciendis tenetur sint aspernatur alias aperiam. Rerum et soluta et fugit. Nostrum ut debitis consequatur autem reprehenderit doloribus facilis. Hic architecto ut ullam esse eum ut.
Ratione iusto quibusdam beatae provident mollitia non modi culpa. Perspiciatis et sit sit nam id. Quisquam temporibus nemo et et ducimus voluptatem. Dignissimos sint ipsum rerum praesentium. Libero deserunt deserunt ut eius nemo sed explicabo molestias. Excepturi illum ut mollitia quibusdam unde. Iure temporibus libero quam voluptatibus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...