H/S/W to Credit MF

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!

6 Comments
 

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?

 
Best Response

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.

I am permanently behind on PMs, it's not personal.
 

Nobis alias dicta rerum nemo nesciunt. Velit voluptates saepe sunt animi ratione ducimus magnam. Consequatur incidunt tempora et quis eveniet ex nobis dolores.

Career Advancement Opportunities

June 2026 Private Equity

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

Overall Employee Satisfaction

June 2026 Private Equity

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

Professional Growth Opportunities

June 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

June 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (97) $363
  • 3rd+ Year Associate (104) $281
  • 2nd Year Associate (234) $272
  • 1st Year Associate (411) $229
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (95) $134
  • 1st Year Analyst (271) $124
  • Intern/Summer Associate (37) $80
  • Intern/Summer Analyst (351) $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
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
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...”