Have searched through and seen a few conversations on this topic but couldn't find exactly what I was looking for. I'm an Associate at a BB and recently got an offer from a direct lending fund (think similar to Golub Capital in $5-10bn AUM range). They're now starting to explore other strategies across capital structure as well but mainly on debt side - so there is opportunity to grow.
Can someone provide a view on how comp, career in DL and exit ops compare to just staying in IBD (shorter and longer term). It looks like comp might be substantially lower (especially when comparing to boutique IBD) but interested in any informed thoughts. Would appreciate it.