May 21, 2025

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!

29 Comments
 

Based on the most helpful WSO content, here’s a snapshot of London Private Credit compensation details from the latest available data:

  1. VP2 Level (Direct Lending):
    • Base Salary: £175k (remaining flat into VP3).
    • Cash Bonus: £205k (split 85% cash / 15% deferred over 3 years).
    • Carry Allocation: Approximately £1m (pays out roughly £50k per year over 5 years, with the rest back-ended).
    • Average Weekly Hours: Around 50 hours, with longer hours during deal closings and lighter when the pipeline is thin.

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?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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?

 

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