FP&A at PE-backed firm to Private Credit: Realistic?

Background: CPA with about 8 years of experience. Currently Senior Financial Analyst in FP&A (and M&A) at a PE-backed financial services firm - specifically a roll-up in the RIA/wealth management space. In addition to standard FP&A, I do leverage forecast, lender package creation, covenant tracking for a private credit line. 

Prior to this I spent five-plus years at a multi-asset family office covering CRE - hotels, office, multifamily, retail where I was essentially running finance end to end. A lot of work was around building lender packages for new asset purchases or refinancing and tracking covenant compliance 

Before that, early career investment banking analyst role (India-based boutique) where I worked on a structured debt transactions, and promoter stake divestitures basically built  models, presentations, and participated in roadshows.

Education: MS Quantitative Finance (RPI - non target), MS Quantitative Economics (non target), Bachelors degree in Accounting, CPA active.

Currently 32, based in LA, open to NYC.

How realistic is a direct move from this background into private credit - specifically direct lending or real estate credit - at Senior Associate level? I know the typical path is IB to PE/credit but my background has meaningful credit-adjacent work on the borrower/operator side. The pitch I'm thinking is: I've spent my career on the borrower side of credit transactions and want to move to the lender side.

Any honest takes appreciated.

1 Comments
 

Totam eum numquam omnis nulla dolorem suscipit quia. Voluptates velit aliquid occaecati. Itaque voluptatem reiciendis nihil sint non inventore harum.

Career Advancement Opportunities

August 2026 Private Equity

  • The Riverside Company 99.6%
  • Blackstone Group 99.2%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.1%

Overall Employee Satisfaction

August 2026 Private Equity

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

Professional Growth Opportunities

August 2026 Private Equity

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

Total Avg Compensation

August 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (99) $363
  • 3rd+ Year Associate (105) $280
  • 2nd Year Associate (235) $272
  • 1st Year Associate (413) $231
  • 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
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”