What does it take to get to a Private Debt Fund, HY, Distressed?
I have an offer at a small bank $1B as a commercial credit analyst.
Mainly underwriting and analyzing RE deals ranging from $1mm to $30mm
Where can I go from here to ultimately get to a private debt fund?
I have interest in distressed debt. My other option is Corp fin at F500 (FP&A).
What is the compensation like at a distressed debt fund?
Malpa, sorry about the lack of response. Maybe one of these topics will help:
If we're lucky, maybe these professional users will respond: jorn_umpo Kidston bbanked
I hope those threads give you a bit more insight.
No idea about the comp. but I didn’t expect to get rich soon. But for the career path I’d say that joining the bank and then trying to move internally to the NPL/distressed after a while might sound quite reasonable.
Can I eventually get to a distressed debt fund? The role mostly sounds like lending on collateral mainly RE. Then, graduation into a commercial lending role. I want to get to PE.
Interested if someone else has comments
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