Private credit sure, special situations would probably be tough because you have little understanding of capital structures and equity value in a restructuring process. That and SS can cover more than just Rx but deep value focused plays.
It depends on what type of products you are creating. Some firms that specialize in distressed credit I.e. Beach Point have structured product teams within them.
Private credit seems pretty doable, know of a guy who does a lot of speciality finance corporate PC deals and can do opportunistic structured finance opportunities as well when they arise
London SS here. Lateraling is your best option. The issue with structured credit is that you look at assets / instruments rather than companies. SS is more like PC/PE: 5 porter forces, LBO modelling.
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Private credit sure, special situations would probably be tough because you have little understanding of capital structures and equity value in a restructuring process. That and SS can cover more than just Rx but deep value focused plays.
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It depends on what type of products you are creating. Some firms that specialize in distressed credit I.e. Beach Point have structured product teams within them.
Private credit seems pretty doable, know of a guy who does a lot of speciality finance corporate PC deals and can do opportunistic structured finance opportunities as well when they arise
Did he summer in StrucFin first and do fulltime in PC? Or analyst then move?
No did AN + AS at CS Structured Products Group (Now Apollo) in the Speciality Lender Finance group
London SS here. Lateraling is your best option. The issue with structured credit is that you look at assets / instruments rather than companies. SS is more like PC/PE: 5 porter forces, LBO modelling.
Facere sit autem asperiores temporibus. Voluptate quo amet excepturi atque et deserunt sint quae.
Impedit rerum quasi sed. Placeat hic enim qui molestiae. Nihil voluptate odit nemo voluptatibus illum ut non. Molestiae non dolor magni non dolores consequuntur similique. Nemo libero vero itaque ipsum quis. Id praesentium sequi exercitationem. Expedita corporis ut deserunt qui.
Quia laboriosam maiores ab harum. Sit et et et reiciendis ea eligendi voluptate. Perferendis debitis voluptas consequuntur velit totam at. Voluptas aliquid ipsa dignissimos sit.
Non officia et voluptas dolores mollitia. Dicta eum animi pariatur magni aut autem omnis.
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