Private Credit / Direct Lending to Hedge Fund?
Is it likely or even possible to make this transition after say 5-10 years? How does comp and lifestyle differ in general between the two? If looking long term, is one a more viable career path? Are skill sets vastly different? Appreciate your input.
Bump
The lines between private equity/direct lending and hedge funds can be blurred in some asset class strategies as there are a number of funds out there that take a similar approach. If you know how to analyze a business from a credit standpoint there are opportunities on the HF side, the only true thing that you would need to brush up on is the public market pricing of issues.
Sbed! What are your thoughts on WLB & comp in HF? People in DL tend to work around 60 hours per week and have a slight haircut to PE comp. Is the jump to HF worth it? FWIW, I do not have sales skills and I’ve heard that people in HFs get fired pretty often.
There are a lot of DL HF's and HF's with a lending arm. When thinking about compensation that largest factors are AUM and headcount, not strategies.
Bumping
Have seen this work, but going into 5-10 years it gets harder, as the shift would preferably happen earlier. The skillsets are closer to PE than HF.
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