Best Areas of High Finance in Recession
Title says it all. If you’re picking a handful of areas of high finance that are best positioned for a recession (with or without inflationary environment), what would they be?
Trending Content - Private Equity Forum
| +123 | What’s “the path” now? | 49 | 4d |
| +60 | Is Everyone Too Bearish on PE? | 17 | 48s |
| +54 | Don’t go into finance unless you really like markets / deals / investing | 11 | 3d |
| +45 | Why would anyone do PE in long term in 2026? | 12 | 12h |
| +35 | 3rd Year IB Analyst, Top Bucket, Still No PE Offer. What Would You Do? | 18 | 20h |
| +25 | Is This Normal in LLM PE | 10 | 2d |
| +21 | Striking out in last rounds | 2 | 1d |
| +21 | UMM PE or High Paying Strat Finance? | 7 | 7h |
| +20 | On Cycle Preparation | 8 | 15h |
| +18 | Q&A: What It’s Actually Like Working at an Independent (Fundless) Sponsor | 4 | 11h |
Career Resources
Restructuring
How does credit investing, special sits credit, and private credit fare during economic downturns?
If you did well underwriting during the cycle then your portfolio shouldn’t be blowing up and you’ll benefit from higher rates. In times of volatility, capital market is shut/can’t price paper in public so businesses/sponsors will go to private debt for financing.
Bump
Is Lev Fin risky to head down towards right now
Large cap PE gonna be just fine
Factually incorrect, see performance of large cap sponsor fund raised in 2004-05 hence deployed in 2004-07 at top multiples.
Returns are different than your job stability. I repeat, they gonna be fine. Particularly in today’s day and age
Anywhere with decade-long contractual annual revenue (AUM Fee)
Some hedge funds will blow it out of the water, others will close shop.
All in all, PE would be the safest bet (particularly MM+)
Short biased hedge fund at least for a little bit
People who say “high finance” make me want to end it all
What’s “low finance”? If there’s a high there must be a low right? If I google it I just get low interest car loans.
Northwestern Mutual is the Harvard of Low Finance
Payday lending and pawn shops, that's like the bottom of the low.
Distressed debt funds.
Ut aliquid id voluptas. Id hic nihil enim reprehenderit vel harum. Hic cupiditate eius excepturi dignissimos repudiandae.
Non rerum consequatur harum non laborum dignissimos. Expedita sit explicabo sit. Officia accusantium laudantium deserunt rerum quo qui. Rerum voluptate qui perspiciatis accusamus dolores corrupti consequuntur. Impedit ipsa fugiat molestias voluptatum beatae doloribus quia illo. Est amet rem hic inventore doloribus. Reiciendis nam expedita repellendus consectetur ipsum expedita.
Tempore hic cumque iure ipsa consequatur velit. Non vel saepe et fugiat amet quos molestiae.
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...