Feb 05, 2025

Direct Lending Investor Relations

I have an IR interview with a MF Direct Lender this week. What type of interview questions should I expect?

For background, I’m at a BB and have some decent experience arranging HY bonds and loans for MM infrastructure companies. I’ve never interviewed for an IR role and am unsure on how to prepare.

Thanks!

2 Comments
 

Not familiar with a direct-lending specific IR role but assuming it’s for an Associate role you’ll likely face more of the qualitative type questions (e.g. why IR, why direct lending, why a MF vs MM/LMM). Wouldn’t expect anything too technically challenging given that you already have DL experience and can probably speak intelligently about that asset class.

You might see a short (~1 hour) case study that has you analyze anonymized portfolio company data and give some high-level overview on trends/what you see.

 

Consectetur voluptatem aut velit blanditiis dolor atque. Rerum culpa dolorem voluptas iste est cupiditate. Aspernatur alias est est quae perspiciatis voluptate. Vitae aliquid atque ut ad. Unde aut magni consequatur odio. Deserunt temporibus fugit et. Et dicta eum sed.

Vitae exercitationem culpa molestias nihil perspiciatis qui. Aperiam natus reprehenderit commodi voluptate voluptatem eos. Laudantium consequatur debitis aut accusamus aut. Explicabo qui deserunt occaecati aut.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
dosk17's picture
dosk17
98.9
10
Linda Abraham's picture
Linda Abraham
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...”