Lazard REGL?

Based on the most helpful WSO content, Lazard's Real Estate, Gaming, and Lodging (REGL) group is generally well-regarded within the industry. It is known for its strong deal flow and exposure to high-profile transactions in the real estate and hospitality sectors. Transitioning from REPE to a group like Lazard REGL could provide you with broader exposure to advisory work, including M&A, capital raising, and strategic advisory, which might complement your existing REPE experience.

However, before making the switch, consider the following: 1. Skillset Alignment: REPE focuses heavily on asset-level analysis, financial modeling, and deal execution, while Lazard REGL would likely involve more corporate-level advisory and strategic work. Ensure this aligns with your career goals. 2. Long-Term Goals: If your aim is to return to REPE or move into a related field, the experience at Lazard REGL could enhance your profile, especially if you work on marquee deals. 3. Cultural Fit: Investment banking, especially at a firm like Lazard, can have a different work culture and pace compared to REPE. Be prepared for the intensity of IB hours and expectations.

If you're seriously considering the switch, it might be worth reaching out to current or former members of the REGL group to gain insights into their experiences and the group's current standing.

Sources: What are the Roles within Real Estate Private Equity?, Transition from RE Development to REPE, Ask Me Anything: REPE Investment Professional, Career Advice: Family Office (RE Developer) --> MBA --> REPE, Lateraling from Operating PE to REPE