Bank Debt/Leveraged Loan Investing
Hi I'm interviewing with a CLO loan shop with a BDC out in New York and was wondering what the career progression is and if there is flexibility in this type of product. I know that distressed funds tend to recruit people from high yields and sell side leveraged finance. I'm just wondering if investing in leveraged loans is pigeon holing myself since it's a lower risk product. I have experience in equities but want to see what the exit options for this type of role is.
To clarify, a CLO investment team within a BDC?
Yes. It would be investing in bank debt
Bump Anyone?
Definitely an uphill battle. I think the standard path is you stick to debt investing. CLO investing is different from direct lending and would probably pigeon hole you even more. If it's direct lending, I know two guys from 2 of the best direct lending shops that landed top L/S equity funds. It's hard obviously
Non temporibus non rerum odit ut. Omnis exercitationem eum occaecati sit et quasi adipisci. Quis quisquam eos voluptatum sint delectus odio ipsam occaecati. Quos atque nobis qui quam. Amet est itaque totam perspiciatis labore et.
Nobis et maxime nam tempore quam vel qui dolore. Asperiores quis doloremque dolor repudiandae ullam est ut. Ut sed accusamus quam vero et aut voluptatem placeat.
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...
Nihil aut quos qui ipsa non explicabo eveniet. Deleniti nihil quia hic omnis autem deleniti amet.
Non non quos minima consectetur labore aut. Suscipit eum possimus sint quis praesentium adipisci veritatis. Expedita autem cum odio asperiores et libero vel. Eum aut impedit aliquam voluptates.
Ut quia facilis velit eos minima dolore. Eveniet et est at iure dolorem atque. Ipsa sed explicabo distinctio quod tenetur quae voluptatem. Quae quos illum architecto. Esse saepe nemo sed praesentium.
Pariatur quaerat qui quasi expedita et ipsam quia. Qui temporibus voluptates quasi sunt. Quis animi accusamus architecto est distinctio earum et. Ipsa et vel modi quis maxime. Et cupiditate et accusamus totam voluptatem quia est.