I’m curious about how feasible it is to move from direct lending at places like Golub to the funds with more equity exposure like opportunistic credit/special sits/private equity side of the buyside world.
I did classic IBD at top BB and I’m an associate. Now I want to move to buyside where there is some equity exposure and during my recruiting effort I came across DL opportunity.
Any insight would be appreciated. Thanks.
| +142 | What’s “the path” now? | 56 | 1d |
| +105 | Is Everyone Too Bearish on PE? | 34 | 2h |
| +48 | Why would anyone do PE in long term in 2026? | 13 | 1d |
| +37 | 3rd Year IB Analyst, Top Bucket, Still No PE Offer. What Would You Do? | 19 | 1d |
| +25 | Is This Normal in LLM PE | 10 | 4d |
| +24 | Q&A: What It’s Actually Like Working at an Independent (Fundless) Sponsor | 4 | 2d |
| +21 | Striking out in last rounds | 2 | 3d |
| +21 | UMM PE or High Paying Strat Finance? | 13 | 17h |
| +15 | DELETE | 1 | 1d |
| +15 | Overwhelmed by amount of data / granularity | 3 | 1d |
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.
It can be done, but it’s very difficult because you’re competing against the likes of BB levfin and EB RX bankers in the special sits / opportunistic credit space. I’d look at where past associates have gone from places like Golub, HPS, TwinBrook, Comvest Credit, PennantPark, Maranon, HIG Whitehorse, etc. and then see for yourself if any of them have exited to special sits.
If you want special sits look at shops like Sixth Street, Varde, Atalaya, Castlelake, Victory Park, GS SSG, Fortress, Blackstone Credit, Crestline, etc.
If HIGs credit end is as brutal as the equity side, you may want to avoid them!
Et sed debitis natus quis et officia earum. Suscipit aut aliquid fuga quidem. Asperiores neque suscipit possimus recusandae. Excepturi illum iste ipsum temporibus autem animi.
Iste recusandae neque magni dolor nam qui quaerat. In animi repellendus sit magnam dignissimos nisi accusantium. Eum quae ea consequuntur commodi sit ratione maxime. Ipsum vero fuga alias qui dolorem officia facilis corporis. Et placeat quisquam dignissimos molestiae sed ut vero. Placeat quis iusto ipsum molestiae.
Consequuntur ipsa maxime in repudiandae amet autem quasi. Et tempora quo a distinctio. Neque cupiditate ipsam ut earum soluta dolorem.
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...