Leaving private credit for Rx

I’m a 2025 grad about to start in a MM private credit firm (distressed/special sits team) in London (ignore title). The role is surprisingly interesting and the firm has pretty cracked seniors, but I’m unsure as to whether it has good exits or whether I see myself here long term.

As the title suggests, I’m thinking of recruiting for Rx (ideally at Laz, HL, Rothschild… or even BB workout teams) through a mix of grad programmes, off-cycles, etc.

Is this a common move? Would it be crazy to leave a full-time job for an OC?

I’d appreciate any help!

3 Comments
 

following. from what I've seen PC ppl wouldnt want to go back to sellside just given their wlb to comp mix, but have seen a good number of more distressed credit or SS investors go to rx

 

Quo neque et sint. Vitae iusto officia odit sequi nihil iusto. Occaecati qui ut reprehenderit dolor culpa. Qui exercitationem qui voluptatem eveniet perferendis. Odit omnis eos perspiciatis aut deleniti. Iure temporibus inventore qui et dolorem.

Eos enim esse accusamus velit rem quae ad. Perspiciatis nam quia ipsam nobis eius voluptatum praesentium.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

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...”