Opinions on Patrizia
I know they've done their first ever analyst program this year, what are peoples opinions on Patrizia as a REPE/REIM firm, culture, exits etc?
Trending Content
| +48 | Being asked to stay behind and train my replacement | 14 | 1d | |
| +31 | Best CRE brokerage firms | 22 | 44m | |
| +30 | What does REPE actually do? | 8 | 20h | |
| +29 | New Comp Database - Google Form (Now with Data Validation) | 15 | 1m | |
| +24 | Thoughts on joining an early-stage REPE fund | 7 | 5d | |
| +21 | Public Homebuilders | 7 | 3d | |
| +18 | Starting University LP Fund | 3 | 4d | |
| +17 | What would your strategy be? | 14 | 3d | |
| +16 | UC Berkeley MRED vs Columbia MSRED? | 2 | 3d | |
| +16 | REPE/Development GPA | 13 | 20m |
Career Resources
Know a few of the fund managers there (London).
Honestly, they come across really well - I had an off the record chat with an assistant fund manager not too long ago and he told me the work-life balance is pretty good (i.e. finish most days 18:00).
They're pretty big across Europe and well regarded. There is a bit of a reputation from brokers of them getting analysis paralysis and chipping away at prices a lot but culturally that is how the Germans tend to operate and they are (frankly) a well oiled machine.
Bonuses depend on where you land, i.e. the investment guys would be compensated on how the acq/exits go that year whereas the fund management guys are more predictable I would say?
Not a bad name to have on your CV if I'm honest.
Good luck!
Thanks for the response - Would you say they're in the same bracket as PGIM/LaSalle/M&G? - this would be my opinion just for the record, want to get my bearings right!
RE exit opps, what do you think chances would be of landing at a value-add/opportunistic repe shop (think Patron Capital/Tristan/Aermont/PB Benson Elliott) and respectively, the chances of landing at a RE MF?
Thank You!
TBH after a certain level if you're not Blackstone or Brookfield it doesn't really matter.
I would say they are less of a household name than the three you mentioned but doors will not close for you just because you were at Patrizia, those who matter will know Patrizia manages c. 50bn.
No reason why you can't get into PE mate, just get your modelling badges and you'll be fine. It's worth noting that some of these funds can act like GP's within their own mandates, I know for a fact Patrizia does this. What I mean is they could have a value add fund with c £500m deployable, the fund itself will act as a GP as a private equity outfit would and get a piece of the promote along with their AM fees.
Should you get into a place like Patrizia don't be shy about letting them know exactly what you want to be involved with.
Consequatur voluptatem molestiae nemo ad. Et nihil at ut culpa est non corporis voluptatum. Nemo dolor facilis et magnam qui ducimus. Et molestiae cupiditate fugiat non vero sit. Tempore officia accusantium et voluptatum. Accusantium et quae fugiat ut sit voluptatem.
Sunt rerum explicabo qui aut ea similique dicta. Suscipit veniam atque mollitia sit aut. Sed voluptatem et unde debitis corporis nisi. Quas ea animi quo suscipit in similique. Cupiditate reprehenderit aperiam facere dignissimos doloremque sapiente.
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...