BREDS vs Ares REPE vs MSREI vs GSAM REPE

Hi all, Very fortunate to have gotten to late stage/offer with these 4 firms in either a summer or OC capacity - wondering what your thoughts are for starting off in RE (Europe) if the goal is to do equity underwriting (Acquisitions/Development). Im a dutch + italian speaker if it helps (but focusing on London for now) Thanks!

18 Comments
 

I’d say BREDS if you want SS mezz experience early on but would take other offers and make it clear to HH’s you had a BX offer and that you want to lateral to t1 REPE (Starwood/KKR/APO)

 

Hey thanks for replying - do you think I should take a FT at BREDS if they gave it? Assuming I only had Ares for an OC/summer

 

Are you interested in working in real estate credit? Take BREDS. 

Are you interested in working in real estate equity? They're all pretty much equivalent, take whichever one has the coolest people. 

 

Thanks for the input but I objectively just dont think this is true?

BX RE is a significantly better platform than all the other 3, perhaps combined their respective recent equity fund raises dont match BX. Im asking because whilst BREDS is still BX, it isn’t quite equity - but if my goal is equity underwriting, I wonder if the RE seniors think it’s worthwhile to take name over considerations of debt vs equity early on, or whether I should pick the other 3

 

Thanks - is this true for Europe would you say?

Also, is BREDS => top REPE possible down the line?

 

Consequuntur iste qui perferendis iure libero. Ut ut qui rerum tempore atque itaque. Quis similique atque dolorem dolorum incidunt. Aut ducimus adipisci eum ipsum. Vel voluptatum nemo ut commodi tempora praesentium. Incidunt id enim consequatur quia.

Repudiandae pariatur velit enim. Recusandae nostrum tenetur rerum iusto consequatur.

Voluptas perferendis laboriosam provident distinctio impedit rerum ex. Pariatur laborum rem in est ut minima quo maxime. Omnis ut quisquam assumenda nihil. Amet magni sint similique eligendi eius totam.

Career Advancement Opportunities

October 2026 Private Equity

  • Blackstone Group 99.6%
  • The Riverside Company 99.3%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.1%

Overall Employee Satisfaction

October 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.3%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Warburg Pincus 98.1%

Professional Growth Opportunities

October 2026 Private Equity

  • Bain Capital 99.6%
  • Blackstone Group 99.3%
  • The Riverside Company 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.1%

Total Avg Compensation

October 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (100) $364
  • 3rd+ Year Associate (106) $280
  • 2nd Year Associate (236) $272
  • 1st Year Associate (414) $231
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (273) $126
  • Intern/Summer Associate (40) $79
  • Intern/Summer Analyst (357) $61
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

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...”