Disadvantages of a Career in Leveraged Finance IB
Can someone in the LevFin industry tell me the Disadvantages of a Career in Leveraged Finance IB ?
My definition of LevFin (also) includes - Junior Capital, High Yield, Syndicated, Mezz.
I think as a LevFin professional you are exposed to the credit cycle a lot. That means you are extremely prone to be laid of in (the early days of) recession.
But what are some other disadvantages of a career in Leveraged Finance ?
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