Credit Suisse Credit Investments Group
Does anyone have any additional information about this group? Would this be worthwhile for an analyst in IBD looking to ultimately work with Distressed Debt / Credit funds / HFs or not so much? Just trying to get a sense for how legitimate an opportunity like this would be.
Saw a much older post on the forum but haven't been able to find much elsewhere.
Description:
The Credit Suisse Credit Investments Group (“CIG”), a business unit of the Asset Management Division of CS, is an industry leader in managing over $25 billion in non-investment grade credit assets across bank loan, high yield bond and opportunistic credit portfolios. CIG is one of the largest leveraged credit managers in the US and Western Europe, with an accomplished full-service group of dedicated career credit professionals located in New York and London. The investment process is predicated on bottom-up credit selection, which has generated favorable risk adjusted returns with lower relative volatility than the benchmark.
Former CS intern here. Not sure where you're finding this info, but CS is actually looking to pare down their AM division. CFIG (VC/PE arm) was sold this summer, Strategic Partners (Secondary PE / Fundraising group) was sold earlier this year to Blackstone. I don't have firsthand experience working in these groups but from what I understand they are comprised mainly of senior people and are very top heavy (translation: not a good fit for an IB analyst).
I would recommend you look elsewhere because CS is going through a period of shedding risky assets and this includes activity in the HF/PE space. Don't let this discourage you though. CS AM has an amazing alumni network in top buyside shops and elsewhere, just do a little research and reach out to them if you have any questions.
If this is London's I wouldn't look too hard at it too, one of their few senior guys left is looking to move soon.
Thank you for the responses. To clarify this is for NY.
If anyone else has experience working in CS AM, please shoot me a ping if not comfortable posting.
Animi velit voluptas qui. Ab omnis molestiae ea et non expedita fuga. Tempore quia ad porro alias et deserunt. Quisquam et et dolorem soluta illo laborum.
Aut minus ut assumenda dolorum deserunt quasi. Vero non dolorem ut unde maxime animi dolores voluptate. Est voluptate repellendus vel omnis in doloribus. Aspernatur fuga quam aut. Adipisci ipsam et atque maiores illo dolorum consequuntur amet.
Eaque exercitationem sit sequi similique delectus officia. Aut ipsa impedit optio quos consequatur modi rerum. Reprehenderit ut molestias iure modi sed sit. Praesentium et et animi deleniti nisi.
Quam deleniti et voluptas hic est eum itaque. Distinctio voluptatem aspernatur voluptatem sapiente eveniet itaque. Vel consequatur est quidem iste unde et et tempore. Incidunt maxime quae et sunt sint dolor sit. Harum corrupti aliquam recusandae distinctio. Porro animi est suscipit excepturi culpa eos vitae. Eum possimus eum dignissimos maiores veniam inventore occaecati.
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...