Starwood Capital
Looking for advice. Potential offer as an Analyst at Starwood Capitals Portfolio Management group in NYC. I have seen comments on here before that the hours can be 90-100 per week in the Greenwich office and that the culture can be pretty intense. I am wondering how much truth there is to this. Any opinions would be helpful. I also didn't see anything mentioning compensation. Does anyone know/hear what analysts in the PM group bring in?
Based on the most helpful WSO content, Starwood Capital's culture and hours can indeed be intense, particularly in certain groups or offices. While specific details about the NYC Portfolio Management group aren't explicitly mentioned, the Greenwich office has been noted for its demanding hours, sometimes reaching 90-100 hours per week. This suggests that the NYC office could have a similarly rigorous environment, though this may vary by team and workload.
As for compensation, while exact figures for Starwood Capital's Portfolio Management analysts aren't detailed in the dataset, general insights from similar roles in asset management suggest competitive pay. For example, first-year analysts in comparable firms or roles often see base salaries around $65k-$75k, with bonuses ranging from 5%-20%. However, Starwood Capital is a prestigious firm, so compensation could be on the higher end of this range or above.
If you're considering the offer, it might be worth clarifying expectations around hours and culture during your discussions with the team.
Sources: Info on Capital Group, WSO 2022 Investment Banking Work-Conditions Survey (Part 1/3), Guide to Careers in Market Risk, Life as a Top Asset Manager, Q&A: Emerging markets investment analyst
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Also curious what would portfolio management entail at STWD? They already have an acquisitions and asset management team are these guys doing something different?
PM involves managing the investors, direct oversight/approval of deal, and strategy. They are typically responsible for a specific investment vehicle (balance sheet, fund, managed/separate accounts).
Mainly focused on the reporting, valuation, and analysis of the Firm’s real estate opportunity funds. Works very closely with AM from my understanding.
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