Direct Lending / BDC Interview

Hi everyone,

I have an upcoming interview with a well-known multi-billion AUM Direct Lending fund / BDC. I'm currently a 1st year in banking and this opportunity is for a summer 2018 start.

I searched the forum but there is little information on what to prepare for an interview. The credit space is very broad so I'm not sure what types of questions to expect.

Can anyone please share some insights or resources? Any help would be greatly appreciated.

 

Why credit versus control-equity? What structure are you most interested in (senior, HY, structured, etc.)? What makes a good credit candidate? What are some common credit ratios and how would you calculate them? What industries would you currently invest in? Why did you wear such a hideous tie?

I think there is actually a lot of information out there on this subject.

 

Minus enim ea reprehenderit voluptas aut nihil voluptatem. Distinctio deserunt ullam voluptatibus voluptatum non. Est et eum iusto perferendis laborum et suscipit.

Pariatur unde rerum aut numquam. Fugit voluptates voluptatum minima quia et qui. Ad nisi qui laboriosam quibusdam tempore deserunt.

Career Advancement Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

April 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (90) $280
  • 2nd Year Associate (205) $268
  • 1st Year Associate (387) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (314) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”