MM IB vs Private credit internship offer. What to choose?

I'm in UK, and debating between MM IB M&A (think Baird/Houlihan Lokey/Raymond James) and private credit direct lending(think Ares/Oaktree/Sixth Street) summer internship offers.

I got 2 offers and both offer returns. I have been trying to decide.

I would appreciate any insights from industry insiders. Thanks

8 Comments
 

Would take the private credit, could help you more with recruiting for another SA or OCs.  

 

Make sure you work hard to recruit for IB / PE, market is tougher now. However, it is still very doable - pretty sure if you also convert, that'll put you in a better spot. There's ppl who do Ardian / BX / GSAM / CVC / Bridgepoint in their credit teams and were able to still land IB / Buyout PE.  Best of luck!

 

Do you have offers for M&A at all the MM IB‘s or other products? Are you interested in PE or in PD in the long run?

 

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