Hi guys, have an upcoming interview with a MM private / structured credit fund that originates and invests in a wide range of credit securities - senior secured, asset-backed, mezz/pref, NPL pools, "specialty loans," etc. A member of the team informed me that i would be asked to "evaluate & price a wide range of loan types" and be quizzed about q wide range of industries but wouldn't elaborate further. Very open-ended. Anyone know of a good resource/primer to prepare--other than reading a fabozzi type text, which i don't have time for? Don't know where to begin, as i currently work in a completely different field. Any help would be greatly appreciated!
Trending Content
| +90 | The emotional rollercoaster of trading for HF | 25 | 4h | |
| +33 | Junior analyst - what to look for? | 11 | 1h | |
| +30 | Risk VS Volatility | 7 | 1d | |
| +19 | Advice - IB to Investing (Regret?) | 4 | 5d | |
| +19 | How is PnL calculated for purposes of determining a portfolio manager's bonus? | 10 | 17h | |
| +18 | Does cfa matter? | 6 | 2d | |
| +18 | Why did Citadel hit the dumps in 2008? | 6 | 1d | |
| +17 | Please rate this sub pm deal for me | 10 | 1s | |
| +16 | How Long Before Team Gets Cut | 25 | 2d | |
| +13 | List of large SMs that still have a longer term investment horizon? | 13 | 3d |
Career Resources
interested
Throwing out a bump, interview early next week
It all comes down to your cash flows, timing and discount rate. If it’s a 5yr IO, then you get your PO at the end, what is your NPV assuming an X% discount rate?
That’s all I can generally think to focus on since you’re not going to learn every type of loan/SP ever created. Just learn the basic loan terms and use your head
Ut est tenetur qui blanditiis est. Numquam aspernatur est animi enim adipisci impedit.
Possimus aspernatur quasi et mollitia quo vel. Minima rerum alias aut voluptates. Est id blanditiis est quam adipisci culpa deleniti. In repudiandae eligendi ut qui illo. Iusto quis dolorem fugiat ea maiores.
Repudiandae mollitia voluptatum explicabo corrupti neque natus odio voluptatem. Quia ex dolore unde dolore.
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...