LifeCo Positions on the Equity Side
Wondering if anyone who's been in an equity position at a lifeco can talk about culture/comp/where they exited to. I'm currently working at a sponsor as an internal capital markets guy, where I finance deals once committee has approved the deal. This is about 70% debt or structured/preferred equity and 30% JV equity. I just graduated my MSRE program a few weeks ago and am really looking to target moving back to the equity side full time and have mostly been chasing private equity acquisitions opportunities.
That said, I just got a call back for a second interview for an associate / senior associate level position with the equity group at a LifeCo. I'm a little less than all in because this isn't a top LifeCo but more of a second-stringer with a smaller CRE portfolio and would require relocation to another market (which I'm not opposed to but not completely thrilled about either). Having said that, it has gotten me thinking about the possibilities at other LifeCos and if I've been unfairly not paying enough attention to equity roles at non-PE firms.
Can anyone who's been in an equity role at a LifeCo talk about comp, culture, and exits? Did you feel like being at a LifeCo was a good way to learn to see the whole chessboard and become a more sophisticated investor?