Hey monkeys; after seeing another thread about credit fund salaries in the US, I'm curious about the salaries of PE Credit funds in London; does anyone have an insight about salaries (and hours) at places like GSO, Bain Capital Credit, KKR Credit, etc?
Thanks
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Know that CVC pays their Investment Executives (Analysts) GBP 90-110K depending on experience. Not sure about hours but 60-70 is the range I've heard.
Thanks! What do you exactly mean by "analyst"? How many years of exp./hierarchy levels is that equivalent to?
It's their most junior position asking for 2-3 years experience
Is that including or excluding bonus? If excluding bonus, it would be pretty high at 160-200 (assuming 80% bonus) when a third year IB analyst makes 120?
Honestly not sure
Including bonus - buyside pays less than banks in most cases.
That range is about right, i.e. it excludes bonus. MF PE/Credit pays much better than BBs - don't know who told you otherwise.
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Google is your friend, there are salary surveys out there for this stuff. I must have posted this link at least a dozen times by now, but here it is again: https://www.pageexecutive.com/sites/pageexecutive.com/files/banking_ass…
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