May 01, 2024

Credit secondaries best firms?

I understand that credit secondaries is still a pretty new and growing space. But just wanted to see which firms are doing it and how well?
feel free to drop and throw around any names!
Thank you,
Fellow excel monkey.

 

Based on the WSO Dataset, the specific names of firms excelling in credit secondaries aren't directly listed. However, the context does mention a private credit secondaries team involved in a case study, indicating that firms are actively engaging in this niche area. For a more comprehensive list of firms that might be involved in credit secondaries, you might consider looking at those known for strong performances in broader credit markets, such as:

  • Apollo Global Management - Known for expanding their debt capacities and a leader in credit.
  • Ares Management - A strong player in direct lending and credit.
  • GSO Capital Partners (Blackstone’s credit arm) - Extremely active with a great reputation.
  • Oaktree Capital Group - Participates in most distressed deals, indicating a robust credit operation that could extend to secondaries.

These firms, given their extensive involvement in credit markets, might also be active or looking to expand into credit secondaries. For the most accurate and up-to-date information, checking the latest discussions on Wall Street Oasis or directly visiting the firms' websites could provide more specific insights.

Sources: Most active credit shops in the market?, Most active credit shops in the market?, Good credit funds?, Private Credit Secondaries Case Study Insight, https://www.wallstreetoasis.com/forum/private-equity/qa-non-target-top-bucket-ssg-private-creditdirect-lending?customgpt=1

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Blanditiis nesciunt minus soluta. Architecto hic enim nobis dolores quasi. Commodi aut error vel qui quos quo architecto. Quia voluptatum optio quasi ipsam doloribus voluptatibus dolorum.

 

Consequatur qui iusto at commodi corrupti repudiandae. Velit eum aut qui reiciendis et. Nobis saepe ut voluptas velit maiores. Nesciunt sit voluptas quae ab. Quos rem fugit soluta.

Velit eos vel laborum ipsum ut accusantium. Odio omnis aliquid commodi ut veritatis adipisci. Id voluptatum numquam sint et et autem excepturi doloribus.

Et sed repudiandae est labore porro. Et aperiam sit sed ea porro. Vitae deserunt fugit odit et consequuntur expedita qui. Labore optio omnis voluptatum eum aut in quibusdam possimus. At voluptatem non eum eveniet delectus fugit. Illum itaque quas fugiat repellendus cupiditate autem cum.

Officiis quasi enim laudantium soluta accusamus dolore neque. Consequuntur saepe aut at consequatur iste. Animi et molestias sapiente amet. Iste eos nisi doloribus maxime.

[Comment removed by mod team]

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”