Is it true that the larger REPE funds operate very differently (primarily as capital allocators) then the RE-focused houses (that are more active and hands-on in their investments)?
Are RE acquisitions roles at BX/Lonestar/Caryle uniquely different than the same at a Greystar/CIM/USAA Real Estate type shop? It seems as though dealflow (and comp) is higher at the megafunds but by how much? Is it common for folks at smaller shops to build a skillset/reputation and then jump to a MF or is this unheard of?
