Hi all. Previous intern / now incoming 1st year analyst at an EB RX (PJT//EVR/LAZ). there's a lot of visibility on PE recruiting on these forums, but less so for distressed recruiting. I've searched for and read some helpful posts and still have some remaining questions if anyone can help me out:
- I notice a lot of distressed HFs go off-cycle. Which ones go on-cycle and who are their headhunters?
- Is it better to start your career in a smaller shop? larger distressed fund? or how about MF credit arms? <- I see a lot of debate on this but not a lot of consensuses
- What are interviews like? Especially for how early on-cycle goes how much RX experience will they be expecting?
- If HFs want a pitch, will they be expecting a distressed pitch? I ask as it's hard to pull certain credit docs and prices without Bloomberg.
Thanks, everyone. newer to WSO as a poster but I've loved lurking.