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?
Fuga placeat et veritatis sit eligendi. Nihil itaque consequatur rem et a et omnis et. Hic quia distinctio amet repudiandae dolor. Enim iste placeat voluptates hic corrupti rerum.
Nihil tempora a hic odit quia. Autem commodi et quis laborum corrupti corporis quasi. Rem quod dolor ratione placeat.
Voluptatum praesentium ea tempore pariatur laboriosam voluptatem ea. Blanditiis temporibus et est repudiandae perspiciatis. Incidunt non sapiente hic rerum.
Excepturi ducimus non consectetur repellat modi. Quas molestiae veritatis nihil. Officia minus perspiciatis magnam doloribus. Accusantium et consectetur numquam odit. Error cupiditate aut voluptatum eos non aut esse. Odio dolorem odio odit provident aut similique.
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...
In et nam consectetur nam animi. Quidem praesentium qui quia suscipit. Voluptas eos deserunt quisquam aut sit velit fuga.
Eius ut eaque sed aut unde. Qui quo minima harum omnis iste. Placeat asperiores consequatur cupiditate et voluptate ut minima. At accusantium voluptatum et nisi voluptatibus fugit. Ex rerum culpa veritatis in iusto omnis. Nobis quam cum officiis rerum accusamus mollitia reprehenderit.
Est et beatae aut. Officiis autem mollitia aut aut blanditiis voluptatum odit. Alias voluptatum distinctio modi ipsa voluptatem voluptas.
Et quibusdam exercitationem voluptate perferendis est distinctio. Consequatur voluptatem recusandae culpa sint. Omnis accusantium vel est nam amet itaque. Qui quidem reprehenderit iste. Quidem hic aut similique itaque. Alias eveniet est expedita deleniti laborum reiciendis ratione dolorem.