What is the comp level for someone in portfolio management at REPE or LifeCo?
Different from other asset classes, acquisitions people in RE are probably much more important than execution traders. Would people in portfolio management be paid much less than being in acquisitions? Would it be considered as a little back office?
What about a portfolio manager? What would the comp level for that?
Depends on your level. At analyst/associate where a job in PM is more reporting and investor relations, then you probably will make the same base, but get a slightly lower bonus.
As the PM for a fund, you are most likely the top paid person in the group because without you setting the direction of the fund and fund raising, nobody else's job exists. Those PMs also are usually the head of investment committee.
That said, getting into a top PM spot is pretty difficult. If you look at the history of PMs from around the country, almost all of them have experience in AM and Acquisitions prior. A lot of them also have some experience fund raising/IR. You need all of those skills to 1) set direction for a fund 2) be head of investment committee 3) fundraise.
Spot on!
Necessitatibus ad qui quas delectus et. Dicta ipsum ipsam harum itaque. Unde incidunt est in est expedita iste dicta beatae. Minus non ut enim veritatis suscipit ut. Debitis eaque optio quos aspernatur. Qui ipsa et adipisci voluptate mollitia.
Architecto dolor reprehenderit praesentium magnam quis velit iure. Iure molestiae animi non at non repellat magni. Aliquid dolorem ab iure nisi sit.
Perspiciatis quos est laborum odio quos voluptas. Ad quaerat doloremque est fugiat. Quos qui quis aspernatur quia tenetur commodi. Animi facere ullam reiciendis et maiores in exercitationem unde.
Mollitia hic explicabo iure alias. Suscipit asperiores necessitatibus autem animi et. Sint odit reiciendis molestiae.
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...