What Does PGIM Debt Do?

Saw the application reposted on LinkedIn. See that they debt team does agriculture, agency, and commercial. Would analysts be siloed into one of these groups or would they work with all three? Obviously, PGIM trains the street, but would an analyst get looks for equity positions or just debt roles?

 

Based on the most helpful WSO content, PGIM is known for its fixed income and debt roles. As an analyst, you might be assigned to a specific group like agriculture, agency, or commercial, or you might have the opportunity to work across all three. It really depends on the specific role and the structure of the team at the time.

As for transitioning to equity positions, it's not unheard of, but it's more common to move within debt roles given the specialized knowledge and skills you'll develop at PGIM. However, the broad financial understanding and analytical skills you gain could certainly be valuable in equity roles as well.

Remember, every journey is unique and there's always room for exceptions. It's all about leveraging your skills, networking effectively, and finding the right opportunities. Keep swinging from those branches, my friend!

Sources: DIP Financing as a Strategy to Ownership, Specialty Lending (GS/TPG) - Any insights?, Private Credit -> Public Credit Exits?, Private Debt PE, PGIM Fixed Income Hirevue Questions

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Every college student pre 2022 wanted to be on the equity side. 

Guess what sucka! Who getting all the reps!??!?!

All my equity friends haven't done anything all year. 

In all seriousness, do your research on WHICH TEAM you will land at, in PGIM. 

Let's just say like any organization there are weak teams that don't really do a lot of deal and have shit deal sleds

Not good 

 

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