Real Estate Credit to Private Equity/Private Credit
How common/possible is it for someone in real estate credit to make the switch over to a private credit-type job (distressed debt, leveraged loans, direct lending) or into private equity? I understand there are plenty of differences between dealing with real estate versus dealing with a company, but do people every make the switch?
A very uncommon leap to make I would imagine, more so to private equity than to credit. I have never seen it done.
I made this move, so it can be done
what is the path like? Did you go straight to private equity/credit or another job/mba in between?
I moved CRE lending to CRE acquisitions for a firm that ran both REPE and vanilla PE strategies and then made the move to buyout internally. I had to interview same as an external candidate. I also have a contact who went CRE mezz lending to CMBS to CLO trading at a hedge fund. No interrim degrees in either case
It’s certainly not a common move, and neither of us are at megafunds, but it’s not impossible
Reiciendis consectetur corrupti alias dolores voluptatem. Culpa sit iusto nihil reiciendis perspiciatis.
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...