London Private Credit Comp Update - 2025
Hey guys!
With all the buzz over credit recently - many firms have started hiring more.
What is the base/all-in looking like across London.
Trying to collate more up to date info from an1 to director levels.
Feel free to drop numbers below!
bump
Based on the most helpful WSO content, here’s a snapshot of London Private Credit compensation details from the latest available data:
Unfortunately, there isn’t updated 2025-specific data in the WSO dataset for all levels (Analyst to Director). If you’re looking for more granular or recent updates, consider starting a thread on WSO to gather insights from the community or check the latest discussions in the Private Credit forum.
Sources: London Private Credit Compensation 2022, London Private Credit Compensation 2022, Private Credit / Direct Lending Comp, Q&A: Currently at a Credit Hedge Fund, Private Credit out of undergraduate?
As1: all in: £160-180k
As2: all in: £180-200k
What sort of shop is this in terms of size?
Large asset manager with a multi-billion PC strategy 60-70 hours a week
Flatmate made £240k as ASO1 and £280k as ASO2 at one of the larger player
Know Apollo Credit pays c.£290k for ASO1
Whats their background if you dont mind me asking?
M&A Coverage team at GS/MS/JPM
Yh no point in PE anymore when ur never getting carry anyway
What's Apollo's Credit reputation like? Does your friend like it there?
My friend isn’t at Apollo but was approached for a role there couple years ago (by Dartmouth Partners)
Any analyst #?
Do these top firms prefer BB LevFin, EB restructuring or coverage?
Depends on strategy. Opportunistic/SS/Distressed prefer rx - levfin guys tend to go for vanilla dl.
How about a background in Debt Advisory? Is it possible to go for private credit and if so, for which strategy?
At a special sits fund - comp +/-10k:
Asso1: GBP250k
Asso2: GBP300k
Asso3: GBP350k
Very nice, what fund size/firm aum?
Large cap / $100bn+ AUM - so what people would say is a MF.
Associate levels: £150-200k all in
Size of firm and what was ur background chief
$150bn-200bn AUM. First real job and went straight into buy side. I didn’t do IB.
What kind of hours can be expected at the associate level?
Unde sit molestias doloribus quo magnam et minus. Iure molestiae eveniet dolores nihil reprehenderit nulla. Doloremque ut atque quaerat voluptatem. Voluptas nostrum molestiae optio quidem et iusto nisi. Qui assumenda autem id veritatis. Sint qui beatae molestias alias quo magni.
Dicta necessitatibus rerum occaecati ratione. Voluptas sequi sunt quos omnis. Aut debitis voluptas sunt aut sit ipsum nihil. Id veniam qui maiores sit amet.
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...
Eos nobis facere ab quas voluptatem corrupti. Sed cumque aliquid cupiditate id quisquam. Aut maiores culpa sed. Qui dicta a ducimus aperiam. Rerum pariatur et voluptatem laudantium beatae dolore. Quasi iste dolores quia nobis voluptatibus. Veritatis quis vero velit nulla necessitatibus laborum rerum sunt.
Corporis eum numquam quis id. Possimus minima hic et maiores. Quasi eaque dolores animi optio natus voluptatem nihil aperiam. Ipsam sit accusamus doloribus ipsum.
Officiis et sed qui laudantium sequi non. Repudiandae totam est ut sit earum dolor reiciendis incidunt. Error cupiditate non modi consequatur quaerat odio. Veniam magni et doloremque magnam molestias aperiam asperiores.
A sed minima provident quisquam qui et ut molestias. Culpa nulla totam ut minus ut quae id. Ut sed sed dolorem esse. Voluptatum accusantium dicta ab.