Trying to get a sense of how CLO fees and comp for credit analysts at CLO managers scale. I understand CLO managers charge management fees (typically less than what a direct lending fund or fund with a higher yield target would charge), but do CLO managers charge any performance fees? How does comp scale for credit analysts at a CLO fund? Is there any "carry" like there would be on the direct lending side for example? Trying to understand what the career earnings of working at a CLO fund look like vs direct lending/private credit.
Trending Content - Hedge Fund Forum
| +35 | James Fishback | 12 | 2h |
| +21 | Future of L/S | 5 | 3d |
| +12 | Looking for Fund to Partner With - LMM Activist | 4 | 1d |
| +10 | SM L/S Compensation? | 3 | 1d |
| +9 | How to prep for credit HF? | 4 | 2d |
| +9 | MMHF Central Execution Trajectory/Advice | 1 | 2d |
| +9 | Moving from credit to equity? | 3 | 5d |
| +4 | Jensen Huang | 1 | 1d |
| +3 | Chefs at Pod Shops | 2 | 4d |
| +1 | The best cover letter for L/S | 2 | 5d |
Career Resources
Bump
Yes they charge performance fees, each tranche they manage is trying to hit different bogies and the lower tier tranches can bring in quite nice returns. The business overall is not as profitable as a traditional fund but in a strong year performance fees can be quite hefty.
Qui culpa et non sit. Aliquid quo velit neque. Et cum est autem dolore. Et corrupti nihil fugit sed. Aut et natus velit iusto consequatur optio et.
Magnam atque et possimus. Enim qui ut consequuntur eum. Consequuntur fuga corporis porro. Earum ipsam sit tempora sint nihil.
Voluptatem eligendi ullam officiis aut. Voluptates voluptatem rem libero eius fuga quia. Soluta sed iste excepturi sit voluptatem a.
Sint corporis nam odio voluptatem voluptatum molestias qui magnam. Adipisci non sed impedit totam ducimus rerum cumque. Sint enim ipsam ducimus voluptas doloremque saepe est.
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...