National Real Estate Advisors was recently named one of the Best Places to Work in Money Management by Pensions & Investments.
This is the third year that Pensions & Investments, the international newspaper of money management, has ranked U.S.-based money managers on the results of employer and employee surveys.
National ranked among the top alternatives managers together with The Blackstone Group, PAAMCO, Harrison Street Real Estate Capital, and Hamilton Lane Advisors.
Jeffrey Kanne, National’s President and CEO, said: “We are very excited about P&I’s recognition, which speaks to our commitment to providing a better workplace environment for our employees. We firmly believe that good working conditions and terms of employment attract exceptional employees—and exceptional employees deliver better results for our clients.”
P&I’s partner on the project, Buck Consultants LLC, calculated the rankings based on responses on the questionnaires, with employee survey results accounting for 60% of a company’s score and employer survey responses, 40%.
Overall, firms were evaluated in comparison to their peers by size. Categories grouped companies with 1,000 or more employees; 500 to 999 employees; 100 to 499 employees; 50 to 99 employees and fewer than 49 employees.
Alternative investment managers were judged as a group regardless of size.
Responses to the employer and employee questionnaires for all companies participating in the 2014 project showed some statistical differences between those that made the list and those that didn’t, according to an analysis of the data by Buck Consultants.
Among the findings:
– 87% of employees at BPTW companies participate in performance-based pay programs vs. 76% of employees at the other companies;
– 40% of the BPTW companies provide fully paid-for medical insurance and 45% offer free dental insurance, vs. 27% and 25%, respectively, for those that didn’t make the list;
– Special perks such as free or subsidized meals, recreational amenities and on-site fitness centers are considered more important at BPTW companies than at others.
For a complete list of the 2014 Pensions & Investments’ Best Places to Work in Money Management, go to www.pionline.com/BPTW14
About National Real Estate Advisors
National Real Estate Advisors has more than $2 billion in assets under management for pension plan sponsors, investing in major U.S. urban markets using a build-to-core strategy. The company undertakes large-scale development and redevelopment projects in an open-end build-to-core fund and a separate account, building investment portfolios of stabilized modern property assets—apartment, office, mixed-use, industrial, data centers and hotels—with design features, technological enhancements, and amenities that drive high tenant demand and create value over time. An SEC registered advisor, the firm is a subsidiary of the National Electrical Benefit Fund. For more information, visit www.stagenatadvisors.com.
About Pensions & Investments
Pensions & Investments, owned by Crain Communications Inc., is the 41-year-old international newspaper of money management. P&I is written for executives at defined benefit and defined contribution retirement plans, endowments, foundations and sovereign wealth funds, as well as those at investment management and other investment-related firms. Pensions & Investments provides timely and incisive coverage of events affecting the money management and retirement businesses.