Career in Preferred stock/capital securities?
Anyone know anything about preferred/capital securities? I would assume this is a very niche product as there isnt a lot about it on here. Any career implications for getting into it? Could you move into a more normal credit role over time or are there funds that focus on them?
Yea some may call it mezzanine investing. Sizable market but kinda niche. People can stay in that space or move into more regular credit/equity
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