Good or Bad Time to Join Leveraged Finance?

Hi All,

Do you think there are risks joining a LevFin team as an Analyst 1 in the current climate - e.g. interest rate rises, volatility - for MM shop in London?

I have seen some deals pulled and low issuance etc, but also understand that as leveraged loans are floating rate that they limit duration risk.

How do people expect the primary market to fare over the next few years, and do you think it is 1) a 'safe' place to be in for the next few years, 2) still as good an option (with regards to exit, etc) as it was a few years ago?

Many thanks

 

In et ut aut unde non. Ratione iure et repudiandae quaerat sed consequuntur dolore.

Reiciendis ut quis tempore tenetur. Exercitationem et dolor omnis. Itaque voluptatem accusamus dicta amet dicta at eos eum.

Atque unde reiciendis aut autem. Pariatur enim aut ex quaerat quae officia. Asperiores alias quidem dolorem quis aliquid sequi itaque. Est nobis fugit voluptates impedit.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
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...”