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.
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DL better for comp but can imagine secondaries being better for WLB.
Thanks, what sort of carry can you expect in PC vs Secondaries? I imagine PC has more cash comp?
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