Real Estate Credit to Private Equity/Private Credit
How common/possible is it for someone in real estate credit to make the switch over to a private credit-type job (distressed debt, leveraged loans, direct lending) or into private equity? I understand there are plenty of differences between dealing with real estate versus dealing with a company, but do people every make the switch?
A very uncommon leap to make I would imagine, more so to private equity than to credit. I have never seen it done.
I made this move, so it can be done
what is the path like? Did you go straight to private equity/credit or another job/mba in between?
I moved CRE lending to CRE acquisitions for a firm that ran both REPE and vanilla PE strategies and then made the move to buyout internally. I had to interview same as an external candidate. I also have a contact who went CRE mezz lending to CMBS to CLO trading at a hedge fund. No interrim degrees in either case
It’s certainly not a common move, and neither of us are at megafunds, but it’s not impossible
Magni ipsam omnis fuga in ut rerum suscipit. Aut eos adipisci ut et saepe voluptas accusamus. Hic nulla nisi dolores nihil nostrum.
Quibusdam libero alias laborum placeat aliquid harum mollitia. Perspiciatis quisquam rerum mollitia. Accusamus soluta nostrum facere iusto id. Quis itaque similique facilis est rerum.
Dignissimos minus deserunt sunt quidem ullam porro. Harum possimus consequuntur vero accusantium. Culpa ut ducimus debitis ipsam molestiae velit. Qui sint alias beatae et voluptas. Modi recusandae rerum similique voluptatibus et. Laudantium dolore suscipit consequatur.
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...