repe --> general distressed debt HF --> anywhere = feasible path?

disclaimer: i like real estate generally, so this is only a what if? question

but

what if? i decide i want to get into more general distressed investing.

can the high degree of distressed experience (albeit real estate focused) help me transition to a more general distressed debt shop, and then onward to any other kind of place?

what kinds of deal experience would help me in repe?

6 Comments
 
bankbankbank

what kinds of deal experience would help me in repe?

From my 8 month old job search, I've surmised that it takes RE modeling experience and some strong networking to get into PERE. Any transactional experience will get your foot in and, from there, your network needs to put the icing on the cake.

Unsure about transitioning from PERE to HF, but I imagine it would entail networking.

 

bump. assuming i have a very strong network, coming from a top-notch REPE group (blackstone / starwood / apollo / angelo gordon) with deal experience including op-co's / platforms, how hard realistically would it be to move to a centerbridge / paulson type of shop doing broader work?

 
bankbankbankbump. assuming i have a very strong network, coming from a top-notch REPE group (blackstone / starwood / apollo / angelo gordon) with deal experience including op-co's / platforms, how hard realistically would it be to move to a centerbridge / paulson type of shop doing broader work?

I would think this is feasible, but, again, I don't know what it takes to move to a HF. Consult your very strong network with this question as they would have a much better idea.

You're going to need to know about an established need within an organization like Centerbridge.

 

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