Help for Private / Structured Credit Interview
Hi guys, have an upcoming interview with a MM private / structured credit fund that originates and invests in a wide range of credit securities - senior secured, asset-backed, mezz/pref, NPL pools, "specialty loans," etc. A member of the team informed me that i would be asked to "evaluate & price a wide range of loan types" and be quizzed about q wide range of industries but wouldn't elaborate further. Very open-ended. Anyone know of a good resource/primer to prepare--other than reading a fabozzi type text, which i don't have time for? Don't know where to begin, as i currently work in a completely different field. Any help would be greatly appreciated!
interested
Throwing out a bump, interview early next week
It all comes down to your cash flows, timing and discount rate. If it’s a 5yr IO, then you get your PO at the end, what is your NPV assuming an X% discount rate?
That’s all I can generally think to focus on since you’re not going to learn every type of loan/SP ever created. Just learn the basic loan terms and use your head
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