Move from Equity Research to BDC Finance Group

Hi everyone,

I am currently working at a smaller IB doing equity research (came from a BB). 
 

I was recently approached by a PE firm (a top 2/3 firm) about joining their BDC Capital Markets team. 
 

I am not really sure what BDC does, so are any PE people able to explain, and if so, is it a good choice to move from a top research position to this BDC role? Are there any opportunities with this? Dead end? I don’t believe it’s on the investment team. 
 

I have my interview next week. 

thanks! 

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