Private Equity vs. Private Credit
Long-time lurker over here currently at a credit hedge fund focusing on special situations and opportunistic credit. Haven't seen all that much about private credit vs. private equity. Been trying to assess whether I'd like to stay on the credit side or move to the equity side. I like the creative side and uniqueness of the structuring around credit, but I have more of an entrepreneurial mindset and feel like I'd like the PE side of things. I'd love to hear people's take on private credit vs. private equity.
What hypes you up about credit/equity?
What's the comparative work life balance?
What's the comparative pay?
Which has the best future outlook?
Any other thoughts etc.