Credit Suisse Credit Investments Group vs Blackstone, Octogan, CIFC, etc?
Currently looking at debt roles on the buyside and leaning towards liquid credit over private due to personal preferences.
Does anyone on this sub know anything about the credit investments group at credit suisse? I see they market themselves as one of the largest CLO managers but haven’t heard much about them and mainly hear about blackstone, octogan, cifc and etc
Curious on how an AM arm of a bank compares to some of the bigger names. Any insights on reputation, pay, or whatever else about the group would be greatly appreciated
Have heard really good things about CSAM, but only really about the CLO platform. Definitely a top tier CLO manager if that is what you are interested in pursuing, largest in the US and have pretty decent scale across the rest of HY/Loans. Can't comment on their process/culture, but I'd wager its a good place to be. Probably a more structured environment vs a boutique/CLO-focused shop, but from a junior perspective I wouldn't think the experience would be too different. I'd imagine the difference is more nuanced as it relates to career development/titles vs at a smaller shop getting in at the junior level is a career-type seat where you can take on some more responsibility.
The credit group is the flagship business of the AM arm, a seasoned manager in bank loans. ~50% of the assets in liquid credit strategies (loans, HY, multi, etc) and the other half in CLOs. I believe research analysts spend their entire career in one industry. Also, recently launched a private credit platform as well.
top notch group. being part of CS has been a drag on fundraising of late but know lots of lifers there.