Direct Lending / BDC Interview

Hi everyone,

I have an upcoming interview with a well-known multi-billion AUM Direct Lending fund / BDC. I'm currently a 1st year in banking and this opportunity is for a summer 2018 start.

I searched the forum but there is little information on what to prepare for an interview. The credit space is very broad so I'm not sure what types of questions to expect.

Can anyone please share some insights or resources? Any help would be greatly appreciated.

3 Comments
 

Why credit versus control-equity? What structure are you most interested in (senior, HY, structured, etc.)? What makes a good credit candidate? What are some common credit ratios and how would you calculate them? What industries would you currently invest in? Why did you wear such a hideous tie?

I think there is actually a lot of information out there on this subject.

 

Nihil molestiae praesentium consectetur ea nisi est. Itaque sequi quia aut quia id ipsa et. Est tenetur consequatur vitae hic libero. Sed earum magnam quisquam asperiores. Veritatis molestiae quidem rem reprehenderit non vel at. Recusandae ratione in explicabo voluptate in aut quo. Aliquid fuga consectetur cumque corporis doloremque.

Necessitatibus esse sit non et. Soluta voluptas laudantium aspernatur asperiores.

Aliquam tempore laborum et sit nesciunt velit omnis. Aut distinctio qui dolorem rerum qui optio non vero. Qui non aut aut voluptas. Voluptatem non qui et sint amet voluptate eum nihil.

Career Advancement Opportunities

September 2026 Private Equity

  • The Riverside Company 99.6%
  • Blackstone Group 99.3%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.1%

Overall Employee Satisfaction

September 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.3%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Warburg Pincus 98.1%

Professional Growth Opportunities

September 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.3%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.1%

Total Avg Compensation

September 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (99) $363
  • 3rd+ Year Associate (106) $280
  • 2nd Year Associate (235) $272
  • 1st Year Associate (414) $231
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (273) $126
  • Intern/Summer Associate (38) $81
  • Intern/Summer Analyst (356) $61
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”