Megafund Real Estate Arms
Currently a sophomore in college, been recruiting for junior summer internships for IBD at BB/EB. I plan on spending two years in real estate investment banking before moving on to REPE. What are the best real estate IB groups for Megafund real estate PE? Thanks
bump
Bump
bump
Blackstone by far
Was asking about IB groups.. BX is the exit opp
he has a point. shoot for BX now since they want analysts
Thanks!
Have seen people from UBS/Jeff/WF level REIB groups go to MF REPE. So would say what bank you're at isn't very important. Especially because the work you will do on the other end of the table is a bit different. But best groups include GS, MS, BofA, Barclays, and Citi for BB and Eastdil for boutiques.
did a quick Linkedin search and found banks like BAML/MS/GS/Citi have a much larger presence at MF REPE than Barclays, UBS, Jeff.. not sure about why
Generally it's because of group size. Those groups are bigger and thus take more analysts per class. Barclays is a smaller group that recently just added Gaming & Lodging in NY. Jefferies only takes a few analysts per class split between NYC and Charlotte. Can't speak to UBS, but generally they have smaller groups across the board than the rest of the BB's aside from maybe DB and CS. The point is you will see people from all of these banks at the top REPE firms. Citi and BAML historically have sent the most, but again I also think those are the largest groups headcount wise.
GS/MS/BAML/Citi seems to have the strongest alum network at MF REPE
Any other thoughts?
Basically any of the top 10-15 banks are great. As a candidate, there is more to you than just your bank.
at the firm I interned at JPM/MS/BofA and a surprising number of Eastdil (real estate investment bank). Also seems to be a lot of poaching between MFs
Bump
Have a friend who was MS REIB / REPE and now is an MD at TPG REPE I believe. I think some other people I may be aware of went on to MF REPE from that group
Heard TPG's last equity fund crushed it – guy must be doing pretty well. Their credit business is a much, much different story.
Ut quidem rem unde ratione modi laborum quia. Quae et dicta fugiat rerum sed. Animi id atque quidem. Sed est aut deserunt molestiae. Temporibus ut placeat laudantium voluptas necessitatibus recusandae. Accusamus recusandae illum voluptas voluptatem. Et sed at illo tempore qui nulla voluptatem aut.
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...
Eveniet earum iusto minima quaerat quae qui error. Maxime dignissimos asperiores voluptatem earum commodi. Nisi explicabo et laudantium quasi in voluptatem nobis.
Nam corrupti corrupti autem aut quas. Vitae dolor consequuntur quibusdam sequi. Similique aliquid ut voluptates ex veniam deserunt dolores. Quia similique aliquid laborum reprehenderit nemo sequi dolorum.
Mollitia blanditiis neque quia iure non id. Itaque odio dolore dolores et repudiandae qui voluptate sint. Porro tenetur voluptas mollitia quibusdam necessitatibus. Facere rerum esse dolor sit necessitatibus. Magni labore inventore incidunt neque doloremque.
Accusantium tempore ea qui error nihil. Sint velit ut molestiae officia adipisci. Saepe pariatur aut eaque et est in.