Does anyone work in Direct Lending? Interviewing with a fund for an analyst role (I’m 1.5 years into an analyst program). They’re saying $130k all in, but not sure if that’s in line with the rest of industry

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Location? A lot of funds are based in Chicago for which it seems right. But for NY too that makes sense

It’s New York City! Bonus comp is driven off of profit sharing/carried interest, so I’m really interested since most don’t offer that at such a junior level

Definitely a strong offer for that level of experience but not unheard of

$130k would be a pay cut for an IB analyst. Top tier DL funds pay closer to 125-150 base for 1st yr associates with 2 years of IB experience.

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