Trending Content - Real Estate Forum
| +43 | What Is Your Backup Plan? | 20 | 10h |
| +39 | Where are free agents signing? | 21 | 16h |
| +35 | AvalonBay Equity Residential Merger discussion | 16 | 14h |
| +34 | Future of Real Estate | 9 | 19h |
| +31 | Laughable Job Posting | 12 | 12h |
| +16 | Extremely Slow Ramp Up | 1 | 1d |
| +14 | In RE, what is the ONE software tool you couldn’t survive without? | 5 | 1d |
| +10 | Dynex | 5 | 1d |
| +9 | Development Budget: use RENTABLE or GROSS BUILDABLE sf? | 3 | 3d |
| +9 | Portfolio Management strategy/transaction exposure on the analyst/associate level? | 1 | 1d |
Career Resources
Based on the most helpful WSO content, here's what you can expect for total compensation at a megafund (e.g., BX, Carlyle, KKR, Apollo, Blue Owl) for someone with 8-10 years of experience in a Tier 1 HCOL metro:
Base Salary: Typically ranges from $300K to $400K, depending on the firm and specific role.
Bonus: Bonuses can range from 100% to 200% of base salary, heavily tied to individual and fund performance.
Carry: Carry participation becomes meaningful at this level. While specifics vary, mid-level employees might see carry allocations that could translate to $500K+ annually over time, depending on fund performance and vesting schedules.
RSUs (Restricted Stock Units): Publicly traded firms often include RSUs as part of the package. This could add another $100K-$200K+ annually, depending on the firm's stock performance and vesting terms.
Sign-On Bonus/Buyout of Unvested Carry: If you're lateral hiring, firms may offer a sign-on bonus or buyout of unvested carry from your previous employer. This could range from $100K to $500K+ depending on your prior role and the firm's need to secure your talent.
Co-Invest Opportunities: Many megafunds offer co-investment opportunities, often on a levered basis. This allows employees to invest alongside the fund, potentially amplifying returns.
Additional Kickers: Some firms may include perks like profit-sharing, enhanced benefits, or other incentives tied to fund performance.
Keep in mind that compensation structures can vary significantly between firms and are often influenced by fund performance, individual contributions, and market conditions.
Sources: What is life like at no-Bulge Bracket Investment banks?, Q&A: MD in M&A and Capital Markets with Bulge Bracket and Boutique experience, https://www.wallstreetoasis.com/forum/investment-banking/qa-md-in-ma-and-capital-markets-with-bulge-bracket-and-boutique-experience?customgpt=1, David and Goliath: The Boutique and The Bulge Bracket, David and Goliath: The Boutique and The Bulge Bracket
Bump. Would also love to know difference between Equity and Credit groups
Rerum ducimus odit qui sapiente commodi voluptatem. Ullam veritatis quia eius maiores praesentium ut non reiciendis. Quam ut et voluptatem tempore optio et beatae labore. Quidem omnis repellat alias quis. Et quisquam asperiores voluptate et omnis. Dolorem velit ex minima maiores in molestias pariatur. Odit consequuntur autem qui rerum eos aut.
Incidunt deleniti incidunt id et quas quis neque. In saepe eum maxime doloribus qui quia repellat aperiam. Quasi sit sed harum laudantium iste rem.
In dicta sequi quas id. Quia id incidunt recusandae non. Tenetur autem vel in ullam repellendus. Ut ducimus iusto sapiente ea mollitia exercitationem.
Dolorem atque nam qui ut. Placeat ut rerum consequatur nostrum ullam accusamus temporibus.
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...