Bridge industrial (London / investment associate)
Any information on this firm?
Huge in the us, few assets in the uk and targeting expansion in Europe.
Dev / value add acquisition / core + acquisition
Been contacted for an interview but I’ve never worked on industrial assets… (commercial / resi)
Thanks
Would avoid.
Would be awesome if you could develop please
Apparently team = a director, a vp, an associate and a senior analyst based on LinkedIn - they seem big and in a position to deploy significantly based on intel from a broker friend - what are the red flags?
Any info on comp?
Don't know much about the firm, except that they are looking for significant growth in continental Europe.They recently opened offices in both Paris and Amsterdam.
Why are you looking to leave?
Keeping an eye on opportunities in industrials!
You don't like the resi shop that you're currently at?
What kind of place do you want to join? An operating partner, or closer to PERE?
All good to be fair but always keen on learning what's available on the market
How's the deal flow? There must be a reason you're looking to leave - hard to give any feedback without any context to what you already have.
Bridge are an operating partner, with no discretionary capital like your current shop. Much like your current shop, bridge is also not private equity. So if you're looking for something different, ie discretionary capital/not raising capital on a deal by deal basis, then you're not going to enjoy Bridge
I really don't understand the focus you've been having regarding my personal situation on several discussions. If you want to network, grab a coffee or whatever let me know but stop acting like this on WSO, goal is to share information about an opportunity and a firm, not spying on me lmao.
Lol I was about to say this
Nothing I've said is inappropriate? You're asking for advice on whether a move to Bridge is a good move, which without context on your current position is difficult to provide.
Someone might avoid Bridge if they come from BX/KKR. Equally Bridge might be a dream move for someone from a start-up with no capital/deal flow beyond deal one.
See why these questions matter now?
Same information on expansion - would be great to hear the reasons behind that "would avoid" Employee churn? Bad comp? Bad culture? WLB?
Know the Partner who runs London office - nice guy. Also work in industrial, Bridge is technically a competitor to us but we don’t hear their name much.
Got VALOR REPE comp data and been told Bridge pay the same on base and bonus:
Associate ~£80/£100 base + 50% bonus (+£10k when sold a portfolio, potentially more with next portfolio + carry allocated at VP level)
Most of my friends are in private debt which is shit hot at the moment and hard to compare to real estate investments but isn't £150 all-in a bit low for REPE shops covering performing asset-classes? (Credit associates: ~£180/£210 all-in, working hard but not IB hours)
In Resi shops that's similar (~£150) and I would have imagined the comps being higher at a firm like Bridge, maybe goal here is to reach carry and play the long term game?
Would be great to get your views on this comp level given the fact you're in the same industry
Do you think that this is because they may be bidding with expensive capital / without equity backers
Bump, I'm waiting on an interview response from Bridge. Is the US arm safe to join after what happened in Europe? Did OP get the job?
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