I’m sure many of you have seen the large banks (barclays, Deutsche) setting up their own private capital divisions.
How does this work? I thought the entire reason private credit funds grew in popularity was because they offered a viable alternative to the big banks, with better terms and less paperwork. How do the big banks offer this and how would it be different from their standard lending?
| +225 | Coverage Banking is Paradise | 28 | 8h |
| +96 | London Recruiting is Paradise | 42 | 33m |
| +75 | My Motivation Is At An All Time High | 13 | 2d |
| +57 | Are Canadians still get jobs in the US? | 41 | 1h |
| +40 | Is 7 years in banking enough to retire, or am I delusional? | 24 | 6h |
| +32 | MM IB --> NYC IB? | 17 | 4h |
| +31 | Do actual investment bankers despise IB TikTokers as much as I think they do? | 21 | 35m |
| +24 | Negotiating VP Sign-On Bonus (NOT Tied to Deferred Comp)? | 21 | 1d |
| +24 | Should I escape the matrix | 3 | 2d |
| +23 | Lawyer moving into Banking | 19 | 8h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
bump. curious as well. Have not seen any of them in deal flow either.
Well they’re relatively new no?
Curious as well
Very interesting topic!! My understanding of DB private credit platform is that they will basically fundraise a fund from HNW individuals and maybe some sovereign funds and then participate in the direct lending deals that DB does as a bank, ie DB does a direct lending loan and then syndicates some paper to DB private credit fund which will be taking minority positions. That’s my understanding of how this is going to work in the beginning at least. Once the fund grows bigger maybe they will start doing independent deals and start selling some of the exposures to DB? Not sure. I wonder how DB as a bank will make money out of it? Are they going to skim the up front fee once they sell the loan to DB private fund? Or maybe DB private credit fund will be managed to DB bank and so DB bank will get managed fees from the size of the fund.
Just my thoughts.. curious to hear your thoughts.
bump
Ad ullam iste iste molestiae harum excepturi mollitia accusamus. Omnis ullam quia consectetur nemo. Voluptate at expedita exercitationem voluptatum reprehenderit vel. Ad sit aut est omnis minima iste.
In voluptatem aliquam dolor fugiat fugiat. Vero molestiae quia beatae explicabo debitis quas et. Suscipit illo a officia.
Voluptatem aut eligendi similique amet quis est veniam. Rerum quia vel sit expedita non. Amet rem aut quaerat. Voluptas cum a et ipsam eum eaque.
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...