PERE 100 2022 - Anyone who can share the ranking?
All,
Everything is in the title - is there a charitable professional around here that could share the latest PERE 100 ranking? Interested as well by the IPE ranking if the latest has already been published.
https://www.harrisonst.com/wp-content/uploads/2022/06/The-PERE-100-Bounces-Back.pdf
Wow.. PIMCO at #34, they've been pouring money into RE huh
So rankings are just based on how much capital they were able to get from investors?
opportunistic / value add capital raised in the prior 5 years in a closed-end format, i believe is the formal criteria
So these funds go to rich people in private and ask for money?
Interesting to see the momentum of different companies through their fundraising. Players like Lone Star or Fortress who used to be top players/at top of the ranking are now almost 40 in 2022, scary.
Would one still recommend go working for these funds while taking this into consideration?
I don’t think you should discredit them just because of their PERE ranking. I’ve heard Lone Star hasn’t been that active but I know several people who work on a lot of interesting stuff alongside really bright people at Fortress.
The rankings move a lot year to year because the criteria is so narrow. If anything, a typically prestigious firm being low on the list means they’ll likely raise capital soon.
Thanks for the insight. Out of curiosity, do you know why Lone Star has not been active recently? Would you still say this is a good opportunity for someone coming from a smaller fund, and would it open doors to the major players (KKR, Blackstone, Brookfield, etc.)?
If you go to pretty well any of the firms in the PERE 100 you can have a great career. Related Companies is rank 88 for christ's sake, most people here would do anything to work there.
The criteria for this list is so narrow its pretty meaningless in terms of the quality of the firm, it just reflects their past 5 years value add/opportunistic fundraising AFAIK. Think of all the shops out there raising core/core plus capital that probably get missed here. Or places that raised a massive fund or two 5-6 years ago who are going to start fundraising again soon. Because they haven't raised in a few years while deploying capital, should we assume they suck?
These lists are stupid and in the grand scheme of things pretty meaningless.
On another note, RE is an industry where "prestige" means very little. Some of the wealthiest, most successful guys in the industry are running their own shop with small AUM numbers.
Thanks for confirming - in relation to the post above and what you said, would you confirm that Lone Star is still a good fund to work for even if they have been less active recently? Got some opportunity to move from a smaller fund and I would like to target major players later in the vein of KKR, Brookfield, etc.
How many different times are you going to ask this question
Until I got an answer asshole
What's with your obsession with Lone Star?
If you have an offer there, do you have other offers?
Deserunt quod libero sint sed nemo cumque aut cum. Iste magnam sed fugiat nam reiciendis enim dolore. Voluptatem deleniti rerum minima consequuntur. Ratione ut libero ratione. Ea officiis distinctio quo non sed assumenda rem sint. Autem qui omnis in cupiditate est quo optio voluptatem. Laborum explicabo blanditiis suscipit eos dolorum numquam.
Omnis molestias suscipit deleniti odio dolores. Nemo occaecati suscipit magnam vero quasi quo. Ut et ut voluptatem unde. Quia nobis incidunt sunt quos aliquid iure.
Eveniet quia ut sit odio. Quia quos est occaecati accusamus fugiat ullam aut libero. Nesciunt animi autem est. Cupiditate mollitia assumenda voluptatem ipsum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...