Not a complicated discussion, but just wondering for my own curiosity. We are at ~100M aum (300M total value) and have about 9.
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I do AM for lifeco debt portfolio. We have $50-$100 bil aum (we don't just manage our firm's capital but Fannie, Freddie, etc) and there are 10 analysts, 30 asset managers, and 8 office people who are directly related to AM
That's a lot btw of people and AUM. Probably hard to feel like you're contributing when you're on of 30 asset managers
At the asset manager level, probably. But as an analyst I have 4 asset managers coming to me with work so I do feel pretty involved And actually the AUM figure I stated above was for the world which there are other AM offices abroad. But the US portfolio is about $50 bil so I think I'm the sole AM analyst for a $10 bil portfolio which is cool to think about. But since it's a lifeco, pay isn't that impressive
I work for a LP capital investor. We have ~$4 B AUM (equity). We have about 7 RE professionals and an army of accountants that manage this. As we are LP capital providers we rely heavily on our operating partners/GP to provide a lot of the asset level reporting and metrics. We try to avoid getting overly involved when things are going well.
LifeCo debt. 3 analysts, 2 VPs for ~6bil. Then you have about 10 other clerical staff.
Similar to @picklemonkey LP capital investor. We have $6B AUM with 12 RE deal members and back office that is easily 2-3x that. Not even sure if I know most of the back office people.
It really is insane how many accounting jobs RE indirectly creates. Their work seems mind-numbingly boring too
~$80B to about 250 (FO, MO & BO) employees. Its an Institutional AM
too fucking many, not even going to say because it's embarrassing
Niche Equity LP - Roughly $500MM under management with 5 AM professionals - 3 or 4 of us on the Acq side - 3 people in other roles
Vertically integrated (acquisitions, fundraising, asset mgmt, construct mgmt, property MGMT)on the gp side. Raise internal funds as well as partner with PE LP's. ~$1B in gross asset value. Probably 40 excluding property MGMT positions.
That is literally insane. We have about $1.5B AUM and there are, like, 6 employees. Add in our sister company, which has about $2B AUM and another 5 employees total.
including accountants, asset managers, construction & admins? I feel like 6 is insane..
Of the 11 employees we have (across our 2 sister companies), 8 are hired people outside the family, including 1 accountant and 2 secretaries. The other 3 are family members of which 2 are basically part-time (PT). That's basically it for us. We have 3 FT-persons and 2 PT-persons commercial property management company that we own that is in the same office (so I guess we really have 15 FT employees + 2 PT), and our multifamily and hotels have third party managers.
Of course we employ an army of outside attorneys and accountants.
my firm has about $500 MM AUM 1 asset manager 1 analyst 2 interns
small team. we run a lean shop but everyone gets paid well
plus a few accountants and a finance guy
PE shop with ~ 2 billion AUM. 15 employees
$700MM AUM - owner operator 125 employees total (corporate & @ property level) ~25 @ corporate
Would be interesting to see which firms have the highest AUM per investment professional. I think equity AUM per investment professional could be an interesting metric.
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