Starting your career in a Mid-Market real estate fund

I am in the UK, and have a grad scheme offer at a real estate investment manager as an investment grad (acquisitions, IC, market analysis). It’s LM/MM (£3.5-4bn AUM) and I was wondering what your thoughts were about starting one’s career in a mid-market fund if they want to eventually move to a UMM. Deal size at this fund are anywhere from £5M-£100M but rarely (if ever) over £100M. I’d say the average is £20-40M. How big of an issue is this smaller deal size if I eventually want to move to a larger fund? Notably, it’s not traditional REPE, more like long-income, core/core+ strategies, with some value-add strategies. It’s in City of London.

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