Octagon Credit Investors vs LifeCo Investments

College senior here comparing two opportunities after graduation. One is a rotating role at a LifeCo in the asset management investments division where I would rotate through many different credit assets. The other is an investment analyst role at Octagon credit investors. I am unfamiliar with the structure at CLO/HY managers and was wondering what opportunity is better to launch my career. I am more interested in HY/CLO than vanilla munis etc. but am worried about being Pingeon holed at octagon / not getting structured training etc.

Any insight that you could offer would be greatly appreciated.

Hedge Fund Interview Course

  • 814 questions across 165 hedge funds. Crowdsourced from over 500,000 members.
  • 11 Detailed Sample Pitches and 10+ hours of video.
  • Trusted by over 1,000 aspiring hedge fund professionals just like you.

Comments (5)

Oct 3, 2021 - 2:14pm

Take Octagon and don't look back. Could always move to an insurance manager if you want something more relaxed later on, but Octagon is a great CLO manager and very good name to have on your resume early on. Even if you were interested in structured it shouldn't be too hard to lateral after a few years given you at the very least have some CLO management experience and could sell that well, assuming you have some quantitative skills. Additionally, I think Octagon has or is building out a structured team so you could always try and move into that part of the business.

But to play devils advocate, if you really value the WLB and aren't that interested in corporate credit, then the LifeCo isn't a bad option. I think there is a lot of value in rotations/seeing different asset classes early on, but not sure if that is the popular opinion.

  • Prospect in IB - Cov
Oct 3, 2021 - 2:22pm

Thanks billions… could you provide some insight on ballpark comp for an entry level analyst at a clo manager like octagon?

Thanks !

Oct 3, 2021 - 2:47pm

Consequuntur optio tenetur voluptas. Vitae dolorum dignissimos qui dolores tempore quis.

Start Discussion

Total Avg Compensation

October 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (39) $363
  • Associates (228) $232
  • 2nd Year Analyst (137) $154
  • 3rd+ Year Analyst (30) $147
  • Intern/Summer Associate (103) $143
  • 1st Year Analyst (500) $135
  • Intern/Summer Analyst (386) $83