Leveraged loan investing?
I'm curious, how is the work at the junior level different in leveraged loan investing (buy side)(sell side)? Are you still directly involved in the transaction process on the buyside? And finally, what would some exit opps be from doing lev loan investing at a relatively no name fund (<$50bn aum)? Would it be possible to lateral into a larger fund like Carlyle/Ares, or move to the private side aka direct lending?