CLO funds (think Capital Source and the like)
I have an upcoming interview with a several billion dollar CLO for their Credit / Underwriting Group in NYC.
What is the current consensus on CLO funds?
What type of pay (base / bonus / sign-on) should I be looking for? This will be for a summer opening after I complete my third year as an analyst at a Mid-market bank in NYC.
The recruiter mentioned the hours are more reasonable - 10 - 11 hours per day - so I assume I wouldn't get first year associate comp but I am not sure what is market for this type of position.
Thanks in advance.