Advice on Preparing for Distressed Debt Investing Internship

Hey guys, I'm a junior heading into a distressed/special situations internship this summer. Any advice on how to prepare and recommended material to look through in preparation for the summer would be much appreciated. Thanks!

9 Comments
 

can I ask you how you managed to find a distressed debt investing internship?

 

Hey, I’m also a junior doing distressed/special sits this summer. The analysts at the firm recommended Pragmatists Guide To Leveraged Finance & Moyer

I've got both moyer and pragmatist pdf versions if you would like me to send them to you. Just lmk

 

Id omnis nemo qui molestias itaque. Aperiam cupiditate accusantium ut debitis ipsum. Velit adipisci ad asperiores provident corrupti repudiandae quia.

Id harum enim accusantium incidunt sed tempore. Earum quo fugit exercitationem odio ea vel corrupti. Consequatur ab aut rerum rerum sed et. Deserunt commodi ab explicabo doloribus libero.

Dolor ipsum sit deleniti nulla. Vero eos eum dolorem illo.

Career Advancement Opportunities

July 2026 Private Equity

  • The Riverside Company 99.6%
  • Blackstone Group 99.3%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.1%

Overall Employee Satisfaction

July 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.2%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Starwood Capital Group 98.1%

Professional Growth Opportunities

July 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.3%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • Vista Equity Partners 98.1%

Total Avg Compensation

July 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (99) $363
  • 3rd+ Year Associate (104) $281
  • 2nd Year Associate (235) $272
  • 1st Year Associate (411) $229
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (272) $124
  • Intern/Summer Associate (38) $81
  • Intern/Summer Analyst (356) $61
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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
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...”