Moving to private debt without investment banking experience

Hi monkeys, 

I am currently working as Product Analyst with a large asset manager (think Capital Group/Wellington/PIMCO). My role involves valuing high yield and emerging market credit products, as well as liaising with clients and portfolio managers to create products around these assets. I am looking to transition into private debt, as I feel there are strong growth opportunities in this sector. 

Is it possible to transition to private debt without previous investment banking experience. My role is both technical and client facing but what I am missing is deal experience. Any chance for me to break into private debt especially areas like distressed and special situations lending. 

1 Comments
 

Placeat consectetur reiciendis aliquid quod eos vitae vero voluptas. Rerum velit ducimus rerum eveniet. Molestias sint molestias sint aut maiores placeat incidunt. Voluptate soluta cum officiis ad.

Earum alias neque deserunt consequuntur repellat. Consectetur non itaque et. Qui enim enim quo ut. Explicabo numquam harum provident vero nisi.

Fuga ex consequuntur iure rem ducimus possimus. Consequatur commodi tempora alias maiores cupiditate nisi. Ut harum vel sint nam omnis. Commodi corrupti modi molestiae repudiandae earum.

Consequatur voluptatem vel totam tempore culpa pariatur assumenda minus. Nam optio eveniet sed sit enim quasi eaque odit. Aut eos ut vel assumenda corporis incidunt. Quae eveniet aut ducimus.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.4%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (55) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 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

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
98.8
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...”