Very good opp if you want credit out of undergrad, great culture

 

Anyone got any real insight here? Would be appreciated.

 
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They're a solid credit shop. Work on everything from new issue, to secondary stressed/distressed type trades. Generally the people there are sector people and less of generalists, but focus across the cap stack/situations.

I have heard they can work a lot sometimes (since I believe it is the same analysts that do both private/public deals). If you're just starting out of college this would be a great seat to have if interested in credit.

I would imagine solid comp similar to UMM PE or other HF's. Don't have real insight though.

 

It depends what you're interested in. If you know you want to be investing in credit, I would choose either Silver Point or Oak Hill. It seems like Silver Point is a bit of a grind, but maybe a better learning experience as a junior. It's also in CT vs. NY for Oak HIll, so I don't think there is 1 exact right decision. Maybe Silver Point is better for leaving credit, but Oak Hill may be a better career credit move (lifestyle).

I'd go RX IB if you are not really sure what you want to do after banking. You could easily exit RX IB to go to Silver Point or Oak HIll after.

No real "right" decision here - all great opportunities and just depends on your preferences and how you weigh them.

 

went through a process with them. like others have said, analysts there generally cover specific sectors across the credit spectrum (performing / HY through to distressed / some private credit). some senior folks are more segmented by asset class though, but analyst coverage is generally structured by industry vertical. there’s a dedicated generalist distressed team as well that’s pretty small and does principal distressed investing as well as handles workouts for other credits from the HY side, but it’s unclear to me how work gets split between that team vs sector analysts for hairier names (i know they sometimes work together though). anecdotal, but i know a guy there who said the hours were pretty tough. everyone i met there was super sharp though and definitely knew their stuff, so i imagine one would learn a ton working there.

 

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