I do AM for lifeco debt portfolio. We have $50-$100 bil aum (we don't just manage our firm's capital but Fannie, Freddie, etc) and there are 10 analysts, 30 asset managers, and 8 office people who are directly related to AM

 

At the asset manager level, probably. But as an analyst I have 4 asset managers coming to me with work so I do feel pretty involved And actually the AUM figure I stated above was for the world which there are other AM offices abroad. But the US portfolio is about $50 bil so I think I'm the sole AM analyst for a $10 bil portfolio which is cool to think about. But since it's a lifeco, pay isn't that impressive

 
1901Monkey:
Vertically integrated (acquisitions, fundraising, asset mgmt, construct mgmt, property MGMT)on the gp side. Raise internal funds as well as partner with PE LP's. ~$1B in gross asset value. Probably 40 excluding property MGMT positions.

That is literally insane. We have about $1.5B AUM and there are, like, 6 employees. Add in our sister company, which has about $2B AUM and another 5 employees total.

Array
 
Best Response
Noskyhigh:
including accountants, asset managers, construction & admins? I feel like 6 is insane..

Of the 11 employees we have (across our 2 sister companies), 8 are hired people outside the family, including 1 accountant and 2 secretaries. The other 3 are family members of which 2 are basically part-time (PT). That's basically it for us. We have 3 FT-persons and 2 PT-persons commercial property management company that we own that is in the same office (so I guess we really have 15 FT employees + 2 PT), and our multifamily and hotels have third party managers.

Of course we employ an army of outside attorneys and accountants.

Array
 

Would be interesting to see which firms have the highest AUM per investment professional. I think equity AUM per investment professional could be an interesting metric.

Robert Clayton Dean: What is happening? Brill: I blew up the building. Robert Clayton Dean: Why? Brill: Because you made a phone call.
 

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