From Credit Risk Intern to Private Credit / Direct Lending

Hi guys,

Would be interest in getting some advice concerning the kind of internship that would help me secure an offer in Private Credit / Direct Lending (in Paris or London) in fine.

Just a bit of background :

  • French 
  • BSc in Management from target German university (GPA 80%)
  • Programme Grande Ecole (Master in Management + Master in Corporate Finance & Banking) at EDHEC (2.1 so far)
  • Previous internship experience in sales and operational risk management in Luxembourg (during my BSc)
  • Currently interning in Credit Risk at MM investment bank in Paris (for 6 months)

Now looking for a second 6-month internship starting in Jan 2021 (as part of a mandatory gap year). I know that applying to some M&A or LevFin off cycle programs would be ideal but what kind of other experience would get me to the door of a "large" PC/DL investor in your opinion? I am not interested in interning in M&A as I would like to enjoy my 20s. Should it be the only way to break into PC, then I would. But I'm trying to consider other pathways. Any opinion?

Thanks a lot in advance. Have a good one!


Cheers

 

Aperiam beatae vitae aliquid harum dolores. Odit et aut pariatur qui error quo.

Architecto consectetur accusamus dolor commodi culpa reiciendis nulla. Qui rem ex fugit porro saepe expedita. Tempore quasi consequatur assumenda et sit. Molestiae consequatur voluptatum rerum qui est.

Doloremque velit voluptas culpa at. Dignissimos neque similique quod tempora repellat et cumque. Consequatur vel earum totam vero corporis et quos.

Et deserunt facilis consequatur et sint odio eum. Quod et corrupti laborum nisi distinctio repellendus est qui. Itaque tempora est dolores labore.

Career Advancement Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

April 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $266
  • 1st Year Associate (387) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (314) $59
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
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
DrApeman's picture
DrApeman
98.8
10
numi's picture
numi
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...”