Views on BB Leveraged Finance (analyst program) in the era of Direct Lending / Private Credit?

Hey everyone,

Was looking for advice — I'm currently doing FT placement at a BB and was wondering if it would be wise to return to the levfin group I interned at (vs. moving to coverage) given that most sponsor-backed deals seem to use direct lenders? For context, the coverage groups that I could move to are relatively weak, and I would prefer to work in levfin due to exposure to multiple industries and (hopefully) more closed deals. At the end of the analyst stint, would like to exit to UMM / MM PE.

Thanks in advance and would appreciate any input. 

3 Comments
 

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