Jan 10, 2026

Recruiting for Privat Credit Grad/AN1

Sup chooms,

I’m a European grad student with multiple internships in DCM, LevFin under my belt and most recently private credit with an upcoming off cycle at a big PC shop.

As PC/DL (and any other buy-side credit role for that matter) is relatively niche compared to PE, I wanted to ask if anyone has good insights into how grad / Analyst recruiting works for buy side credit in EU/UK. I ideally wanna convert my next internship to full-time but in case I can’t, I need a backup plan.

Are there any firms that are known for a grad intake program of some sort, or that actively recruit grads?

Are recruiters like Dartmouth a good approach?

Would love to hear your insights, also regarding Mezz or SS shops.

Cheers!

10 Comments
 
Most Helpful

Most PC shops only hire through internships. The only one with a grad scheme that comes to mind is Park Square, but their applications are already closed for their 2026 class. I found this in another thread. You may have to do another internship if you don't convert:

-Barings (summer)

-Bain Credit (summer and offcycle)

-Blackstone (offcycle)

-Bridgepoint Credit (offcycle)

-Carlyle (offcycle)

-CVC Credit (summer and offcycle)

-MSIM (offcycle)

-GSAM (summer and offcycle)

-ICG (summer - SEO London)

-Oaktree (summer)

-Oak Hill (summer)

-Park Square (summer)

-Pemberton (summer)

-Tikehau (offycycle)

-GIC (summer)

 

Thanks mate, super helpful! I'm in a similar position to Euro-Clown and have 6+ months of private credit (Direct lending) experience at a MM fund. Currently looking for Summers in London. Was wondering if you know of any firms that would be open to cold-outreach for roles?

 

Pretty funny seeing this right after that one thread about “hyper-qualified European interns flooding the market.”

 

Ipsum quidem autem voluptates sed reiciendis nemo. Nemo tempora quia quibusdam harum voluptates et ex modi.

Quia consequatur et consequatur. Necessitatibus impedit delectus asperiores enim. Ea eveniet sunt quasi debitis autem fugiat.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”