Direct Lending Compensation

Hi,

Curious about Direct Lending comp at associate and above. Base + Bonus. Currently in IB looking to switch over.

Anyone have updated numbers from Antares/Ares/Golub?

This would be very helpful.

2 Comments
 

Hi I3DCashStaffer, check out these resources:

  • What is the difference between 'Direct Lending' and bank/commercial lending? are the sole lender to the company (is this not considered 'direct' lending?). From what ... shared between direct lending & comm. banking as well, in the sense that direct lenders ... inform me. Basically, looking to learn similarities/differences. Direct Lending mezz Commercial Banking ...
  • Ares vs. Golub Direct Lending Ares' direct lending groups. Interested specifically in level of prestige, pay, work/life balance, ... culture, deal flow, security types (senior vs. subordinated) etc. Direct Lending ...
  • Direct Lending, what now? Hi WSO, I'm starting at a direct lender this week. I'm on the investment team and I look ...
  • Ares Credit / Direct Lending- NY domiate direct lender in the space but curious what this forum's thoughts are on the group. Pay seems ...
  • Ares Direct Lending Associate level. Any color on interviews would be helpful too. Thanks in advance! direct lending; interview ...
  • Associate at a CLO Fund moving to Direct Lending credits.** My question is would a move to a direct-lending position at a private debt fund (i.e. Ares, Golub) ... in advance. Leveraged Finance private credit bdc private debt Direct Lending Direct lending Bdc ...
  • Direct Lending: MidCap Financial WSO would know more about it. From their website, it seems as though it is Apollo's Direct ... Lending division and they have a sizable amount in capital. Interview is with their LevFin group and I am ...
  • More suggestions...

Any pros willing to rescue this discussion? @rtoma3" LoraCraft The Stranger

I hope those threads give you a bit more insight.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Hic quia consequatur nesciunt inventore. Officia et sunt at tenetur alias.

Repellendus quia sit nulla repellendus tenetur. Sequi ut quaerat eos itaque. Vero qui possimus minus voluptatibus sapiente. Dolores voluptatem sed repellendus quia.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • JPMorgan 01 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”