To learn more about, please click here to get my FREE 57-page investment banking recruiting guide - plus, get weekly updates so that you can break into investment banking, creating a cash flow model for a property, We always received carry with full catch-up. So glad i found this site! Private Equity Jobs Widely recognised as one of Europe’s leading recruiters in private equity, venture capital, real estate, secondaries, fund of funds, mezzanine and hedge funds Guest speaker at some of the world’s leading business schools on private equity topics Quite a few RE PE firms recruit for Analyst roles in the U.K., and it’s easier to win an offer at a real estate-focused firm than at a generalist firm. Brian, In the investment banking vs private equity debate, people often argue that IB gives you more and better options. We always received carry with full catch-up because all our investments yielded 20%+ IRRs, mostly because we got the timing right with our deals. Some of my RE PE offers were at U.S.-based funds that had a more cutthroat culture and longer hours. A: If you’re not sure what you want to do, then yes, it’s better to go to a large bank because you get better brand-name recognition, more exit opportunities, and a wider network. A Fresh Perspective on Real Estate Investment. Job Title: Real Estate Private Equity – 2021 Summer Analyst Job Description Blackstone’s Real Estate Private Equity Group offers Summer Analysts the experience on a professional team whose work involves the acquisition of real estate-related companies, portfolios of real estate assets and individual properties worldwide. PERE tracks how the relationship between investment managers and investors drives equity capital into private real estate. How did you win interviews without prior IB/PE experience? Swiss family office specialised in real estate and private equity. There were also big cultural differences between the different countries. Or any course? Español (Spanish) Deutsch (German) ... real estate 1. Thanks. On that note, what was the compensation like, and how was it linked to fund performance? I had a few options, including healthcare and tech private equity funds and other real estate PE funds, but I didn’t like them for several reasons: It’s possible to move from a real estate private equity fund into a generalist one, but you have to do it early (i.e., after 1-2 years on the job). We are a firm of real estate and finance professionals in Central London working with our investor base of high net worth clients and financial … Your information will not be shared. If your sole goal in life is to work at KKR or Blackstone, then yes, that is true. Most of the differences in deals had more to do with the market cycle than the country or city (see: more about real estate market analysis). In both the U.S. and the U.K., it’s feasible to win offers at real estate investment firms without having a perfect pedigree, top academic results, or a string of internships at the biggest banks. While this was already true in 2019, the gap between these fund types has widened since 2019. Indeed may be compensated by these employers, helping keep Indeed free for jobseekers. We do not, but any of the other resume templates on the site also apply to RE PE… just use real estate terminology instead of “normal company” accounting/valuation terminology. About us. Local expertise is critical because the best transactions tend to happen off-market, and a good local network lets you find these deals, even more than in generalist private equity. If you look around online, the attitude everywhere seems to be: “IB or bust!”. This is why real estate is a good option for anyone who has the skills but not the pedigree. I kept the engineering major but took accounting and finance classes on the side, and I completed two sales and finance internships at an energy company in my home country. Blackstone’s is partly a right-place, right-time story. Private equity real estate is an asset class of pooled private and public property investments. Private Debt Private Debt Flexible solutions for illiquid debt markets Learn More Real Estate Real Estate Solutions to enhance risk-adjusted returns Learn More Private Equity Private Equity Solutions that beat the benchmarks Learn More Infrastructure & Real Assets Infrastructure I pursued that career for a while but saw the downsides early on, so I changed my plans and started attending a semi-target university in the U.K. instead. Mark has been involved in the deployment of over £800m of capital into asset backed real estate deals over his career. Within real estate, you almost always want to be on the acquisition/disposition side for core or core-plus properties because the upside/compensation is highest and the risk is lowest. By working in partnership with the management team through board representation, we can provide the necessary support to enable the business to perform effectively. Interviews at bulge bracket and elite boutique banks were far more technical, and they asked more traditional accounting/valuation/modeling questions. So, in short: Compensation is highly variable, more so than in generalist PE roles, and you need to join a fund with decent performance. Free Exclusive Report: 57-page guide with the action plan you need to break into investment banking - how to tell your story, network, craft a winning resume, and dominate your interviews. So if you can learn the finance and how to analyze deals, you could win RE PE roles. List of London Private Equity Firms . Real Estate Private Equity jobs in London. Would it be more preferable to study real estate at university or accounting and finance? There was a conflict at the executive level, and the CEO decided to force out the entire investment team and replace everyone. Private equity companies as a group have more than $900 billion in real estate investments, according to Preqin. I think it’s a good option straight out of undergrad if your long-term goal is real estate. ', © Ducalian Capital Ltd 2018 All Rights Reserved. We respect your privacy. What was the job like, and were there any differences in the deals and analysis based on the location? A: It’s not that I wanted to leave real estate; I had to find another job quickly, so I interviewed at a lot of places and accepted the best offer, which was at a European retail-focused private equity fund. Considerably less than those figures because they worked for non-performing funds mission is to provide a,! 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