Thoughts on Private Credit? (Other than “well it’s not private equity”)

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Been working PC for 4 years now and love everything about it. We are obviously in an unsustainable golden age rn but I think in the long run it should overall be an enduring field since banks are never going to de-regulate to the point they can squeeze out the competition

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Np. Good luck!

Have been doing PC for 2.5 years now, fund finance side. It’s excellent all round I think. Still great pay, good WLB, intellectually stimulating, fast growing, and not an up-stuck work environment. Definitely recommend.

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If you want real answers you need to ask an actual question.

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This guy works in private credit for sure

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Golden age

Any advice on how to break into PC? I’m current in business management (strategy) in a middle office role and would be interested in moving to PC.

If you want a job on the deal team you are going to need financial modeling experience (LBO and M&A) and experience with qualitative credit analysis (eg fundamental risks and mitigants of specific business strategies, know how to parse thru a data room, etc.).

Lev fin banking probably the easiest to break into and accumulate that experience since it is often part of a corporate banking umbrella vs the IB side of banks.

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Hi, fishes.
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