Hey all,
I’m in LevFin at a top BB and have recently been interested in going for a role at a HF as an equity analyst. Thing is, I have a great offer from a Tier 1 Private Credit fund.
Was wondering if I move to private credit and do that for a year, would it pigeonhole me into a ‘debt’ specialist?
Will the move make my HF move tougher?
Thanks!!
| +433 | Is UBS really that bad? | 77 | 4h |
| +265 | Investment Banking is Divine | 40 | 2d |
| +219 | Another $115bn Mega deal for these banks. Congrats! | 46 | 10h |
| +216 | US 2027 SA IB worried about background check | 53 | 2d |
| +64 | Useless associates | 14 | 37m |
| +51 | Differences in Restructuring Teams? | 24 | 6h |
| +44 | FIG Pigeonholes you - is it true? | 14 | 50m |
| +40 | Is Houston SA 28 recruiting already over? | 34 | 1d |
| +38 | Roku-Fox Deal - UBS Misses Out on yet another deals after years chasing this deal | 8 | 2h |
| +36 | How do you manage nerves in IB technical interviews? | 8 | 13h |
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
You don't want to be a debt guy. Debt guys are often referred to as the "bitch" or the "dog" in the deal. It is common place for an IB Associate to shit on a private credit VP publicly and the one thing that buy-side Sponsors and sell-side Bankers typically collude on during a process is humiliating the lender bitch-boys. "Pshhh, Donald Debt over here works for a credit fund and thinks that makes him better than a retail banker." the PE Associate may say to his IB counterpart. "You're right" the IB Associate may retort "He is such a bitch, I put him on a leash and walked him around the block during our last DD call and he cried publicly."
Such is the nature of conversations had behind the backs of the credit dweebs.
If you think people only talk shit about you if you work in credit, you're mistaken. Everyone gets made fun (including you buddy), so might as well be making IB money at half the hours / stress in private credit.
LMAO this is fucking hilarious, this has to be low caliber talent. Credit shitpost needed immediately!
Damn that's crazy -- anyways, I need that customer level data ASAP, get to work
Back to flipping logos on ppt brother, your VP is going to give you nice treats if you do tricks for him i hear
Can’t give you an answer but would love to know about how the PC recruiting process was for you.
Specifically if it happens on cycle or not and if you have any points of wisdom to share with someone going to a BB LevFin group interested in PC.
How are exits from a capital markets role at a PC firm? I believe these teams function more as a traditional LevFin role just with maybe less exposure to bonds and more with loans and sponsors. I'd think this could be strong in terms of potential PE or L/S equity exits?
Laudantium voluptatum aliquid adipisci sunt quo dolorum quas. Consequuntur ad magni non ea rerum qui ipsum. Soluta est voluptates nesciunt. Consequuntur maxime sint maiores ut. Et quos id odio sed at aperiam. Sed eveniet voluptas dolorum eaque tempora.
Accusamus soluta nesciunt ducimus aut laboriosam at quo. Rerum rerum vel et. Cumque quisquam labore dolorem adipisci. Quae recusandae voluptates omnis officia eum facilis quis. Ex quia facilis aut et rerum. Debitis aspernatur nam officiis autem inventore.
Voluptates sed ut officiis consequatur. Iusto ipsam ratione porro adipisci ea consequatur.
Quia ex ea id quaerat corporis. Laborum ea quasi autem velit officia ea cum.
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...