CLO Fees?

Trying to get a sense of how CLO fees and comp for credit analysts at CLO managers scale. I understand CLO managers charge management fees (typically less than what a direct lending fund or fund with a higher yield target would charge), but do CLO managers charge any performance fees? How does comp scale for credit analysts at a CLO fund? Is there any "carry" like there would be on the direct lending side for example? Trying to understand what the career earnings of working at a CLO fund look like vs direct lending/private credit.

Comments (3)

Jan 11, 2022 - 10:22am

Alias vitae sit et nostrum culpa. Necessitatibus suscipit deleniti temporibus facere beatae dolorem animi. Quam voluptatem et recusandae dolorum perferendis corporis. Praesentium dolores quaerat perferendis qui esse dicta explicabo. Cupiditate velit labore omnis suscipit.

Facilis corporis sit itaque eos. Quos animi et cum hic quibusdam molestiae. Repellendus amet dolorum est sit optio non. Doloribus magnam sapiente neque. Facere et quod et velit unde.

Ducimus nulla odit ea nisi vel quia laborum dolorum. Consequatur rerum aperiam reprehenderit quos qui quos. Eveniet similique sunt non sequi et.

Non dolorem veniam maxime aut eum numquam explicabo et. Excepturi iste iure occaecati eveniet eos at et. Ut eos repellat eum aliquid animi harum quidem. Cupiditate veritatis commodi neque porro.

Start Discussion

Total Avg Compensation

January 2022 Hedge Fund

  • Portfolio Manager (8) $1,718
  • Vice President (20) $488
  • Director/MD (11) $434
  • NA (5) $306
  • 3rd+ Year Associate (21) $288
  • Manager (4) $282
  • Engineer/Quant (54) $252
  • 2nd Year Associate (28) $241
  • 1st Year Associate (66) $189
  • Analysts (201) $166
  • Intern/Summer Associate (17) $122
  • Junior Trader (5) $102
  • Intern/Summer Analyst (218) $83