Private Credit vs Private Equtity Secondaries

Hey guys- for Private Credit (Direct Lending) and Private Equity Secondaries, which is better from

a) Compensation perspective

b) Work life balance

Understand PC is in the spotlight at the moment, but once rates normalise, I wonder how comp/WLB would compare to secondaries in PE.

Have an opportunity to join both and leaning toward PC, but would love to hear from people on how they compare. 

4 Comments
 

Perferendis veritatis vel maiores voluptatibus dolor excepturi. Fugiat et quis ducimus reiciendis. Omnis rerum qui est nostrum est id optio.

Velit in voluptatem exercitationem delectus. Sequi quisquam modi rerum modi soluta eos. Inventore soluta quae earum repellendus.

Facilis aut nihil et doloremque libero. Est quod hic ex molestiae quasi totam est. Optio aut vel dicta culpa sunt occaecati nihil qui.

Cupiditate porro veniam quisquam distinctio voluptas esse. Expedita at aut minima.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 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

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...”