Currently an analyst at a mid level Corp bank in the sponsors group. Underwriting deals with ~$50-$200mm EBITDA. Offer with more $ and title promo to go to distressed credit hedge fund. Distressed shop is small, has had difficulty fundraising (distressed HF allocation has been low due to frothy markets so this isn’t entirely surprising).
End game is to move up or to a larger distressed fund long term. Do I stick it out in CB and gain exp or make a risky jump.
Thoughts?
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