Credit: MF vs MSD vs Diameter

If you were looking to accept an offer at a credit hedge fund, one more focused on liquid assets like high yield bonds, leveraged loans, etc, which of these three offers would you take? A MF liquid credit role at a place like Apollo/BX, or a smaller, more nimble place like Diameter/MSD, and why? Thanks in advance

3 Comments
 

Would recommend the smaller shop if there is more opportunity for upside (comp/responsibility). The MF will likely always be there…smaller shop will help you develop into a PM quicker.

 

From my understanding they're two somewhat different roles. On pros and cons, the MF would have much better WLB, stability/longevity, with good pay. However, the more "nimble" shops you refer to would have greater upside potential, learning opportunity, and interesting work. Deciding factor for me is the tradeoff between how much you value your time outside of work when young vs. greater pay when older

 

Eum et cupiditate similique quaerat quisquam quibusdam vel. Veniam nostrum placeat commodi sed eos placeat.

Ratione est ut quos asperiores dolore. Enim iure deserunt in quisquam. Quo qui dolorum ut suscipit labore quia.

Career Advancement Opportunities

June 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.2%
  • Magnetar Capital 95.2%

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • Millennium Partners 98.1%
  • D.E. Shaw 97.1%
  • Blackstone Group 96.1%
  • Citadel Investment Group 95.1%

Professional Growth Opportunities

June 2026 Hedge Fund

  • AQR Capital Management 99.1%
  • Point72 98.1%
  • D.E. Shaw 97.2%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.3%

Total Avg Compensation

June 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $192
  • Analysts (240) $181
  • Intern/Summer Associate (28) $146
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
98.8
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...”