Lateraling from Operating PE to REPE
Hi All - I'm at a crossroads in my career, and considering attempting to switch asset classes. I am curious to hear the thoughts of the community.
My personal background: - 2 years investment banking at a BB industry coverage team (non RE) - 2.5 years at a MM private equity shop working across multiple industries, but primarily consumer / industrial (also non RE) - Goal of leaving my current shop within the next year (I'm no longer interested in living in my current city), and am exploring opportunities with other PE shops (MM - MF), but would be interested in using this time to explore the potential to switch asset classes
I have always been interested in RE, but actively avoided it early in my career. This was predominately because I have some family members who are very successful RE professionals, and I wanted to forge my own path. I can obviously turn to these family members for advice, but sometimes it's nice to hear from people who you don't have a personal relationship with.
Have any of you seen experienced investment professionals transition from traditional PE to REPE? Does it seem highly unlikely that I would be unable to do so?