From Credit Risk Intern to Private Credit / Direct Lending

Hi guys,

Would be interest in getting some advice concerning the kind of internship that would help me secure an offer in Private Credit / Direct Lending (in Paris or London) in fine.

Just a bit of background :

  • French 
  • BSc in Management from target German university (GPA 80%)
  • Programme Grande Ecole (Master in Management + Master in Corporate Finance & Banking) at EDHEC (2.1 so far)
  • Previous internship experience in sales and operational risk management in Luxembourg (during my BSc)
  • Currently interning in Credit Risk at MM investment bank in Paris (for 6 months)

Now looking for a second 6-month internship starting in Jan 2021 (as part of a mandatory gap year). I know that applying to some M&A or LevFin off cycle programs would be ideal but what kind of other experience would get me to the door of a "large" PC/DL investor in your opinion? I am not interested in interning in M&A as I would like to enjoy my 20s. Should it be the only way to break into PC, then I would. But I'm trying to consider other pathways. Any opinion?

Thanks a lot in advance. Have a good one!


Cheers

 

Aliquid soluta repellendus expedita repellendus magni et. Iure deserunt voluptate autem. Debitis modi quia tempora eveniet eos ut. Distinctio tenetur architecto consequatur nihil dolor et beatae.

Corrupti assumenda nesciunt illum. Aut aut harum suscipit. Magnam enim natus molestias ipsam error a porro. Quisquam repellat culpa at exercitationem dignissimos.

Qui perferendis suscipit dolor et. Nisi eos vel minima ut quis mollitia quo. Corrupti quasi qui ab ut enim explicabo. Similique aut perspiciatis eos accusantium fugiat eligendi.

Career Advancement Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

April 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $266
  • 1st Year Associate (387) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (314) $59
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
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”