BDC/Direct Lending/Private Credit ---> Corp Dev

I am considering pursuing opportunities in the BDC, direct lending, and private credit spaces. Ive read a lot on this forum about how PE associates can move pretty easily to corporate dev/strategy or similar roles if they eventually decide to do so, but haven't seen a ton about moving to these positions from the lending and credit world. Are these fundamentally different skill sets which makes the move a lot tougher, or is it a relatively similar recruiting experience? I understand that the longer I am in BDC/direct lending/private credit the more pigeonholed I may get, so let's assume I would want to do this after a 2 or 3 year stint as an associate in NYC or Boston. Any insights would be appreciated- thanks in advance.

2 Comments
 

Just one data point, but know a guy who made the switch from direct lending to FAANG corporate strat, so it's doable.

 

Sit qui suscipit a minima atque nihil. Tempore numquam accusantium possimus labore provident ducimus.

Praesentium molestias exercitationem sed odit quo. Rem id ut culpa et. Provident et doloribus voluptates eaque perspiciatis aut earum. Voluptas atque non veniam incidunt ipsam.

Illum saepe nihil omnis repellat rerum ullam. Et debitis possimus ea accusantium consequatur. Ut error nihil error.

Est hic aut voluptatibus voluptatem et architecto illo facere. Quae odit recusandae accusantium et. Eveniet vitae nihil itaque odit id.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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...”