Private Credit / Direct Lending Comp and Progression

Is it worth leaving a low BB to go to a direct lender (think Ares, Antares, Golub) for a ~25% pay cut? Also, what does senior compensation look like? How far off from a IB MD? 

I get the better work life balance and increasing mkt share in LevFin space but would think a pay cut to the buyside would be closer to 10% vs. ~25%. 

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  • Analyst 2 in IB - Gen
Oct 20, 2021 - 11:11pm

is that the massive pay bump? so now they're just coming on par with other direct lenders' (i.e. Ares) comp pre-covid?

  • Analyst 2 in IB - Cov
Oct 20, 2021 - 3:26pm

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