Highest paying RE shops
Aside from Starwood, Blackstone, and other mega funds, curious what other shops pay at the absolute top end of the market for either real estate private equity or real estate private credit. Small, medium, or large shops. Open to all. Also, referring to shops that hire for lateral analyst positions or for associate roles.
PERE 100 and the debt equivalent are good places to start but not all of those firms pay well and there are some very high paying shops that aren’t on the lists (Baupost and Two Sigma for example pay top dollar but aren’t included in the PERE 100 list because they don’t fit the criteria).
Some traits to look for: strong AUM per capita (some firms have way too much headcount and it eats into the economics), strong target school/IB presence (firms have to pay more to compete against the other options for these top candidates) and well regarded (self explanatory).
An uncontroversial list: Angelo Gordon, Apollo, Ares, Bain, Baupost, BX, BlackRock, Brookfield, Carlyle, Centerbridge, Cerberus, Fortress, GSAM, HIG, JPMAM, KKR, MSREI, Northwood, Oaktree, PIMCO, Rockpoint, Sculptor, Square Mile, Starwood, TPG, Two Sigma, Walton Street. This list doesn’t include every firm that pays well but these are the firms I know pay decently relative to the rest of the real estate industry.