Hi, is H/S/W to MF Credit (BX Tac Opps/GSO/KKR Credit/Apollo Credit etc.) an achievable goal in the US? I know they hire mostly laterals from LevFin/HY/Restructuring in London but then London has less of an MBA focus in general.
Eg. when HBS jobs report mentions BX, is that only for LBO? or could be RE/Tac Opps/GSO as well?
How about 'purer' credit/distressed shops like Oaktree?
Appreciate any inputs. Thanks!
| +126 | Future of PE | 27 | 19h |
| +26 | Hardest time I have ever seen to be a GP | 3 | 5d |
| +20 | How to Get on Career Track / Stay Post ASO years | 6 | 3d |
| +14 | Burn Out in PE - What Comes Next? | 1 | 3h |
| +14 | KKR comp for Principal | 20 | 2d |
| +12 | MBA and Private Equity | 6 | 9h |
| +10 | Undergrad summer PE analyst positions | 3 | 20h |
| +9 | Value Creation Initiatives (That aren't add-ons) | 2 | 17h |
| +9 | Buyside in London with nice WLB and pay | 1 | 22h |
| +9 | LMM/MM PE London | 5 | 4d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
The ability to do this will depend more on your background than being a student at H/S. Given the right background, it's doable from H/S yes.
Thanks. My background is relevant (BB Special Situations desk) and I already get interview calls from some of these funds. I understand it's always a bit of a gamble with B school but don't want to knowingly go down a route which couldn't lead to something I want to do. As a 'base case' scenario, I wouldn't even mind going back into Special Sits, but am unsure of the feasibility of this.
I know of many people doing MBA->PE/IBD/Consulting, but its proving much more difficult to find MBA grads going into more alternative careers in finance.
A more specific question - do these funds recruit as part of OCR for their credit, distressed or real estate arms?
deleted
anecdotal evidence but a friend of mine at school (non H/S m7) is starting at a $20bn+ distressed hedge fund in the fall coming from an IB/PE background
It's doable. The trading oriented places (e.g. GSO or KKR's marketable securities credit team) aren't knocking on HSW's doors for candidates, but the Tac Opps, Ares, and Apollo-s of the world are. You're right to state that London has way less of an MBA focus. It's definitely an option here, you just need the right profile (ideally 2 years in banking plus two years in brand-name PE/HF) for them to be interested in a conversation.
Anecdotally, I knew an HBS 2015 guy who interned at Tac Opps.
Pariatur quo officiis eius rerum tenetur iusto. Molestiae provident soluta quia et accusamus.
Occaecati mollitia nemo in ad quisquam qui nostrum. Sint error ratione qui ea qui error ea. Ut et et praesentium illo quidem aperiam minima. Est quo et omnis illo temporibus. Explicabo ut et nisi et.
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...