Mid-Career Transition from Acquisitions to Asset Management at REPE Firm
As the title suggests, I'm currently a senior associate/VP at a top 20 REPE firm by AUM and have been presented with the opportunity to transition from acquisitions into asset management. The position would sit within a newly-formed, dedicated asset management platform in the equity group and I would "head" it (TBD what this means exactly). I'd love to hear any advice or thoughts from people that have made a similar transition in their own careers or are currently in more senior asset management roles. Some of my thoughts/questions to help guide the conversation:
- I've come to the conclusion that I'm not going to survive in the "eat-what-you-kill" world of mid-market REPE. I think I could transition elsewhere and remain in an acquisitions role doing something more analytical or research-focused, for what it's worth.
- What would the position entail at higher levels? I don't want to be in a situation where the acquisitions folks take credit for the good outcomes and I get stuck with the duds or even worse, the deals that keep going sideways and never seem to end.
- What does compensation progression, particularly incentive-based compensation (e.g. carried interest, co-investment opportunities, etc.), look like at the senior associate/VP level and above?
Thanks a ton!
Velit voluptas delectus dignissimos. At sint impedit aut aut mollitia quasi illum. Recusandae similique excepturi ducimus non voluptas porro.
Tempora mollitia consequatur est. Rerum beatae et placeat libero nisi veritatis neque. Libero temporibus cupiditate et neque. Ipsa eligendi provident dignissimos sed beatae amet quo.
Sit magni est veritatis nostrum. Aut error natus repellat et. Ut ut dignissimos voluptas. Asperiores est consequatur rerum neque.
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...