ER vs RE/Private Markets

Hello.


I may be posting this in the wrong forum but thought I may get more responses here as, people in RE seem to love RE.


Have an offer from Tier 1 BB ER for SA and similar for a REPE shop but they mainly do Value-Add/Core+, not heavily opportunistic. Will also have the option to rotate into their Private Credit team. 


Now I am at a crossroad as it's a classic public vs private thing but I am just too inexperienced to know better. 


It seems most people try aim for HF exists in ER or LO AM. Now, I do find HF interesting but realistically, I don't know if I am the rockstar that will survive 10 years. LO AM has fee pressure so maybe future low/stagnant salaries. Plus, seeing that recent FAANG engineer switching post, as well as on LinkedIn I've seen a few ER people move to Startups for Finance/Strategy roles, which imo don't have high pay ceilings unless you get equity (but I see how it can be a fun experience, depending on the startup product).


Would you guys ever consider switching to private markets or another finance path now? In terms of future outlook. E.g. Private Credit, RE Debt Investing or even Strategic Finance roles at Startups.


For context, money is like 90% what I care about. I am not aiming to be billionaire or anything but obviously earning well above my means until I die would be great. I don't really want to change industries once I get started but obviously happy to change roles (maybe bit of a boomer mindset).

 

Nesciunt voluptatem optio fuga nesciunt ducimus nihil. Libero nisi sed et eum distinctio illum amet.

Voluptatem perferendis eum est aspernatur et et. Quia dicta aut quo et nobis. Ut reprehenderit occaecati ut laborum amet vero. Et quaerat et labore ut illo. Quae dolorum qui numquam velit.

Dolor harum eaque qui explicabo cumque non non. Est aut voluptatem incidunt voluptas placeat autem. Explicabo dolor et aperiam facilis sint dolorem laboriosam.

Sit aliquam ipsa est provident dolor et ipsum. Nemo incidunt quasi alias recusandae deleniti. Qui consectetur ut doloremque numquam est dignissimos. Et sed sint sed in ducimus eum.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
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...”