Q&A: Distressed/PE Associate
Not going to disclose too many details about myself but wanted to give back to the community as the forum was very helpful to my own path.
I went to a semi-target public school. Did a couple of random internships while at undergrad (ranged from a HF to corporate finance/strategy to endowment fund), killed some interview and ended up with a job offer at a private credit gig straight out of college. Honestly, I really just didn't want to do two years of banking so I took a leap of faith and moved to the East coast.
Did more nuanced deals - mostly in the non-sponsored space where we focused on 15%+ IRR deals through a combination of equity kickers, high cash coupon, etc.
After some time there, decided I wanted to focus more on the public side of credit and wanted to look at more distressed and special situations. From there, ended up at a MF doing distressed private equity and credit investments. I'm a year on the job in my new spot and so far it seems like the markets have some what turned in my favor.
Feel free to ask my mostly anything here or DM me, I will try my best to get to everyone