Is being a private credit reporter underrated?
So I have a background in journalism, I have a year of experience being a news reporter and it's insane how high private credit reporters are being paid. Debtwire, Reorg, Levfin Insights, 9fin basically pay 90k+ base for private credit/levfin/buyside credit news reporters. I interviewed out of undergrad for one of these roles that paid 90-95 to college grads. Is this an underrated gig? Most major news sites will pay maybe 65-75 for a market reporter, Bloomberg and Factset typically pay 75-85k for similar roles, what is it about private credit specifically that warrants such high pay for entry-level journalists?
Having spoken to the reorg team about this, it is very difficult to recruit talent who has an interest in the credit markets, is capable of putting together coherent analysis, and isn't interested in an investing seat.
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