Real Asset Secondaries – comp/firms/deal-types

Have become really interested in Secondaries recently and was wondering what the deal with real asset secondaries is? Are you investing directly into the assets, or only into the continuation vehicles/funds which own these assets? This seems close to/almost direct investing, but was curious to hear more about the space, the types of deals, comp and what the future of the space looks like and leaders in the sector

12 Comments
 

It’s just like PE secondaries but the underlying positions being real estate PE funds vs. corporate PE funds. So, just like in traditional PE secondaries, there are LP-led deals where you would buy an LP stake in a real estate fund, or there are GP-led deals where you would buy into a continuation fund with a real estate asset as the underlying investment rather than a company.

 
Most Helpful

Real assets encompasses farmland, timber, natural resources, real estate, infrastructure. You should look at Stafford - they have dedicated timber funds and even do secondaries.

 

Omnis nulla excepturi cumque molestias saepe libero facere. Dolores repellendus nobis et laboriosam voluptas soluta maiores. Quia aut provident voluptatem placeat cum. Exercitationem quisquam dolor est.

Earum quaerat vel perspiciatis alias omnis quis cum. Dolores rerum est reprehenderit voluptas atque rem. Velit aperiam deleniti voluptatem autem debitis. Beatae beatae voluptate et est tempora accusamus iste.

Corrupti earum est modi deserunt beatae quis ad sint. Totam libero dolor quisquam cumque eum. Quidem neque laudantium cumque. Quisquam explicabo excepturi corrupti error. Odit quia quibusdam rerum vel et.

Quis et hic error sint dicta. Harum sunt veritatis recusandae. Quam quidem ab occaecati et. Sint mollitia voluptas pariatur nesciunt dolorum voluptate atque voluptates. Dolorum eaque et id itaque occaecati laborum iure. Odit eum vitae incidunt velit laboriosam atque. Sed esse accusamus necessitatibus sint.

Career Advancement Opportunities

June 2025 Private Equity

  • The Riverside Company 99.6%
  • Blackstone Group 99.1%
  • KKR (Kohlberg Kravis Roberts) 98.7%
  • Warburg Pincus 98.3%
  • Vista Equity Partners 97.9%

Overall Employee Satisfaction

June 2025 Private Equity

  • Ardian 99.6%
  • Blackstone Group 99.1%
  • KKR (Kohlberg Kravis Roberts) 98.7%
  • The Riverside Company 98.3%
  • Bain Capital 97.8%

Professional Growth Opportunities

June 2025 Private Equity

  • The Riverside Company 99.6%
  • Bain Capital 99.1%
  • Blackstone Group 98.7%
  • KKR (Kohlberg Kravis Roberts) 98.3%
  • Starwood Capital Group 97.9%

Total Avg Compensation

June 2025 Private Equity

  • Principal (9) $653
  • Director/MD (23) $552
  • Vice President (95) $361
  • 3rd+ Year Associate (98) $279
  • 2nd Year Associate (222) $272
  • 1st Year Associate (400) $230
  • 3rd+ Year Analyst (32) $156
  • 2nd Year Analyst (89) $134
  • 1st Year Analyst (263) $123
  • Intern/Summer Associate (35) $79
  • Intern/Summer Analyst (342) $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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
98.9
4
Secyh62's picture
Secyh62
98.9
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
dosk17's picture
dosk17
98.9
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...”