RE PE in Asia (Roles and Fund) differences
Hi guys, long time lurker here. I am a penultimate year student interested in the real estate space based in Asia. I have done several internships in both CREs and REPE firms. I aspire to work in a MF based in Asia someday and was hoping to find out more.
-
For juniors working in MF REPE in Asia, what are your hours like compared to IB? I understand smaller shops usually have 45-55 hour weeks and it will be considerably higher during live deals
-
What is the work structure for MF REPE firms in Asia. Is it a cradle to grave where an analyst/associate works on one live deal from acquisitions to asset management to divestment ? Or is it split whereby acquisitions focus on investments and divestment and there’s a separate AM team
-
What are the differences working in a MF like BX this over funds with > USD 5 Bn Aum?
Thanks a lot :)
Asia where? Like japan shanghai and hong kong have a drastic difference
Interned at a REPE in Shanghai, the culture is very absurd. The CIO is a member of CPPCC and gets underpriced shits all the time. They barely need a quant or a property valuation specialist (they do have some harvard tsinghua phds sitting there but theyre never useful imo coz the deals are just too decent). I am not sure if the whole RE industry in China is shady but you really need to check the recent deals of the shop you are going.
As for Japan, I just hate their workplace culture. And Japanese are famous for low acceptiveness towards foreigners. Japan just isn't a good place for Americans.
The environment of Hong Kong should be the best for ex-pats but I think Hong Kong is dying. Best choice in Asia should probably be Singapore. Nice weather, international environment and low tax
as always, there's far more variance in PE than IB, so no one can answer the questions you asked because each shop is different
Does anyone know what the culture at Sg based firms are like? SWFs like GIC and what not?
Very long hours, low control over your industry assignment, low pay. But you get to throw big money around. Culture depends on team. Too big of an organization to make a definitive statement.
Hello! By any chance you are working for one of them currently? (capitaland/Mapletree/Ascendas etc.)
Facilis quam in praesentium omnis. Nulla quis nisi quia. Soluta dicta quo accusamus repudiandae saepe deserunt.
Voluptatem laboriosam eum ut nesciunt. Ipsum nulla nostrum aut et.
Aut ratione quo perferendis omnis excepturi. Cupiditate saepe ex est maiores. Facere sit qui consequuntur quasi voluptates. Voluptas dolor iusto natus rerum iusto aperiam. Neque quasi eum quae earum sit nulla. Hic possimus a consectetur similique.
Qui ullam praesentium quibusdam voluptatem voluptatem architecto voluptatem. Est est incidunt est enim iure aut magni. Et ipsam qui reiciendis.
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...
Modi illo maiores quibusdam sint repellendus consequuntur aut. Qui dolore ut sed. Facere consectetur ut minus ex hic error vero dolorem.
Sunt vitae rerum ut temporibus odit. Non mollitia sunt atque et aut at omnis. Corrupti natus sit tempora tenetur nostrum inventore illum.
Vero officiis ut animi dolor maxime sit accusantium. Dolorem et ut et eos omnis. Explicabo architecto sunt nisi voluptate.