Help Regarding Two RE Offers: Megafund vs BB

I think you should go with where you like the culture best and where you feel you will learn the most.

How does the comp compare? Can you comment on the base/bonus?

Congrats! I also interviewed with SSG for the same position, but didn't get it.

I would say you need to know what strategy you are interested in. SSG is opportunistic investing. Carlyle RE will most likely cover a boarder spectrum of RE (net leasing, debt, maybe development projects as well)

Everyone on this forum has been speculating about the Carlyle comp. Seems that the only fair thing is to tell us all what it is...

Both are great, congrats. I'd go Goldman; Carlyle is great, but I'd worry about being widget #413 there vs getting more high touch deal experience at Goldman. You can't fuck up either way, but that would be my two cents. Time to start playing them off each other...

I would definitely go to Carlyle. The platform there will give you a more generalist real estate experience and will have more opportunity to have a long term career in one place I would imagine. I think it gives you more optionality should you decide to move to another spot down the road.

I can’t imagine the special situations group is traditional REPE given that Goldman already has REPIA, but I don’t know much about the group to begin with.

What was your background in? Already at a big PE fund with banking experience?

I wouldn’t be too worried about brand name here. Tossing Goldman Sachs on the resi would do you just as much good.

I’d be focused on the experience (what deals has each group done recently), the lifestyle (I assume you’re picking between NYC vs DC, which have very different social scenes; I also assume the hours suck at both shops but may be more meaningful hours on a smaller team vs just facetime), and the people you met. Gotta dig deep, you can’t possibly like both locations/teams equally

the ssg asset investing role sounds better no matter which way you look at it: -much, much smaller team for what i'm guessing will still be a $1B+ aum strategy (i think i read somewhere that ssg manages ~$20b of goldman's bs, so i would think that 1 of maybe 4 different strategies that ssg houses would get at least $1b). aum/head, which based on my experience is a leading indicator of comp, will be much higher at gs ssg. -flatter hierarchy -more varied mandate. if what above poster said is true, dealing with purely opportunistic is much more interesting than being staffed on cg's core/core+ strategy -brand name comparable, altho it can be argued that's less of a factor when you already have ms/hines/etc on your resume -ny > dc

SSG

This is actually pretty tough as both firms are name brands that will help you later on in your career. Personally, I'd go with Goldman Sachs SSG as I think the type of investments you will be exposed to will most likely be more intellectually stimulating than Carlyle's investments. However, Carlyle, will give you more of a solid real estate knowledge base. Honestly, it depends what you want to do later in your career.