Small Debt Fund - to stay or not to stay?
Wondering what the community thinks. Is it worth starting a career at a smaller shop that is growing, or better to start somewhere more established?
Beckground: I have been working at a private debt fund for ~1 year. They were successful in the past achieving somewhat consistent 10%+ returns doing opportunistic and esoteric loans (art, film, etc). As a result they grew quickly to roughly $1Bn. However they are still very much in growth mode and are very unorganized. the Pay is below market ($70K base ~ 30% bonus ) with no sign of major improvement and deal flow is anemic. Is it worth staying on to grow with the firm or is it time to find a new shop?
HF Kong, way too quiet in here. What about these resources:
You're welcome.
Sounds like you know the answer already.
Stay at your current role but also be reaching out / looking for better opportunities. If you can land something better take it. In the meantime keep building your skills. This needs to be evaluated on a specific alternative vs. conceptual.
Could you actually throw out some ballpark figures on deal flow? How many does the team see in an average month?
My team has closed 1 deal since joining. The rest of the firm combined has closed 1 other.
Tempore eos et commodi sapiente dolor et. Nesciunt error voluptas et aut sed hic. Veniam id nisi inventore reprehenderit aut numquam quasi et. Ducimus rerum molestiae enim autem ut molestiae. Non et ea exercitationem odio in totam. Sed et esse accusamus perferendis quibusdam at ut at.
Inventore culpa atque itaque nulla accusantium dolorum doloremque. Aut animi quae vel saepe. Et rerum aliquid corrupti at. Labore illo mollitia autem ut maiores nulla nihil itaque. Neque qui et dolor. Assumenda sequi odio accusantium magnam et possimus suscipit reprehenderit.
Et possimus officiis vero quam quidem eos voluptatibus. Tempore pariatur atque qui tenetur laudantium ducimus. Consequatur sint illo aliquid facere quam saepe.
Officiis ipsum harum quidem magni nemo quo rem. Voluptatem asperiores modi rerum quis. Possimus neque debitis blanditiis hic culpa dolor.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...