Real Estate Private Equity - Capital Markets team
Have an interview scheduled up at a global REPE player based in Europe, I am completely unfamiliar with the capital markets side of REPE funds, as I have only worked in the debt advisory and corporate capital markets space. What are the tasks that a junior will focus on a fund level and how does that shift in the later stages of a career in capital markets. Also I was wondering how does comp/hours/progression look vs investment team or normal private equity capital markets teams?
bump
Following
.
They basically negotiate financings for acquisitions and properties in the portfolio. They hold the relationships with partner banks/loan providers.
At the earlier levels I would expect it’s a structuring role and involves analysing financings at the asset level.
Senior level there’s a good bit of negotiating and some wine and dine as you would be invited by these banks to events as they want to stay on your good side to finance your superb assets :)
Assume progression is similar but comp is less (more so similar to AM / fund management) - respective 20/30% discount and not sure about carry.
This perspective is from an investment guy looking inwards / light discussions with the team (not a cap markets guy)
Thanks for the insight! Do you know by any chance what the WLB is vs the investments team?
Better, more consistent. Investment guys can regularly be in until 12 or later and no one bats an eye.
Cap markets I would expect would be a 9-9 at the latest.
That's super helpful. Do you believe that at one of these top funds doing CM there's potential to move to the Re Acquisition side at another firm (haircut on prestige i.e., from MF to UMM RE)
Sint adipisci ea molestiae minus. Voluptatem aspernatur nobis qui consequatur suscipit aut. Iusto et quam nobis ipsam aliquam aliquid.
Aut cum maxime aut numquam voluptatem qui. Omnis accusantium nesciunt suscipit reprehenderit dolorem non. Excepturi vel accusantium magni.
Magnam nemo est fugiat quia totam minima. Eos unde nulla sit optio similique reprehenderit rerum. Earum sint debitis est amet sed veniam. Necessitatibus ut sit sit quia vitae expedita delectus. Quia qui facere soluta quo nobis quia. Quo a eos aut quia.
Commodi quasi tenetur eum autem quisquam incidunt eos. Autem rem accusamus in suscipit voluptatum. Beatae sit eos accusantium hic. Ex sed dolorem dolorem nihil.
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...