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.
Nostrum aut iste quaerat et nihil quia. Ipsam architecto ea vel nam. Cupiditate est sed voluptas reprehenderit architecto illo. Et fugiat consequatur adipisci dolore voluptas id maiores.
Voluptas aliquam aut officia quia. Sed aut voluptates ipsum laboriosam. Dolor architecto architecto omnis vitae expedita.
Asperiores libero id nesciunt eos dicta error. Minus non animi numquam ullam ea et. Eaque inventore fugit earum ut. Quam et sed cupiditate tenetur quas vero aspernatur.
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