Private Credit Base Suggestions
Have an informal chat coming up with a regional PC lender doing MM ticket sizes.
Although it's an informal chat - preparing for it like an interview, and was wondering what should I ask for base if asked? Coming from a very non-traditional background but already in an Investing/Underwriting seat at a non-sponsor fund (albeit not PC level but more early stage/venture debt)
Is £60-£65k base stretch for a regional fund (not Ldn)? Likely a first year An role if anything materialises.
Based on the most helpful WSO content, a £60-65k base for a first-year analyst role at a regional private credit fund (outside of London) is not necessarily a stretch but could be on the higher end of the spectrum. For context:
Given your non-traditional background but relevant experience in investing/underwriting, aiming for the higher end of the range (£60-65k) is reasonable, especially if you can demonstrate strong value-add during the informal chat. However, be prepared to negotiate and adjust expectations based on the fund's size, structure, and regional norms.
Sources: Non US/Europe IB/PE Overview, base/bonus 1st year analyst at HF, Q&A: Equity Analyst at a Sovereign Wealth/Pension Fund, https://www.wallstreetoasis.com/forum/investment-banking/investment-banking-in-the-uk-an-overview?customgpt=1
Bump
might be worth taking a look at this:
https://www.wallstreetoasis.com/forum/credit/private-credit-comp-across-levels-in-london-what-are-you-seeing
I believe base in London for AN1 is about £70k, so obviously depends on the exact region, but given its not London and a relatively small firm, I'd imagine it'd be a bit below that. £60k seems like a reasonable place to start, but could definitely be lower.
A omnis dolore repellendus voluptatem tempora cumque. Molestiae similique quia natus nihil. Nesciunt suscipit voluptatem quisquam eum minus.
Aut dolor similique iusto consequatur accusantium. At ut quo facere qui. Aut numquam officiis dolor ut expedita ad omnis. Veniam esse ut reiciendis aliquid quis recusandae facilis. Quibusdam laboriosam dolorem dolore voluptatem. Minima et molestiae incidunt hic reiciendis sint id in.
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...