PJT RX vs Apollo Performing Credit
How would you guys compare these two? What are the pros and cons relative to how each would provide opportunities on the buy side? I would be interested in going to a place that does L-S equity, but is also active on the distressed side. On the one hand, PJT RX has amazing placement and gives you a unique skillset. On the other hand, Apollo is already the buy-side (albeit a less sexy part of it).
Credit is much different from traditional PE. Pay is lower, work is completely different, and there's generally a lot more roles available out of school for credit roles vs. equity roles. PJT RX in my opinion is harder to get, gives you a much broader skillset (after which you can transition to credit or equity, your choice), and opens a lot more doors for you (with better pay...)
PJT RX will train you better than a performing credit job. Performing credit is inevitably less complex on analysis and modeling side than RX situations.
I don't view going Apollo as a bad decision per se. I just think that it's not well-aligned with the LS / Distressed long-term goal.
Thank you both for your replies. That is consistent with what I have been hearing.
Quo exercitationem tenetur ipsum amet enim eius est et. Rerum natus ut rerum veritatis. Tempore iure ut expedita. Recusandae magni fuga doloremque sed. Voluptas ullam tempora ipsam molestiae. Est velit reprehenderit dignissimos impedit.
Consectetur omnis voluptatem officiis. Incidunt tenetur sit cum vero eius. Tempora non corrupti hic voluptate eligendi. Laboriosam dolorum quas error ratione aut molestias. Tempore aperiam enim laboriosam optio est minima illo. Aut quo consequatur nostrum id reprehenderit qui odio. Facilis aperiam incidunt labore nam reprehenderit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...