What’s comp like at credit funds? Base / bonus / carry? % comparison to PE?

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Don't know about distressed specifically but work for a large direct lending shop in the midwest

Current 2.5 yrs out of school and made ~$250k last year as a first year associate

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Workload varies a lot. Have had my share of 100hr weeks last year as we were pretty busy through COVID. I would say weekly average of 60ish hours, but highly variable depending on deal flow

FYI try posting in the buy side bowl too. People there may be able to provide additional answers

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Thank you

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Specifically distressed funds

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