CLO to Credit Hedge Fund?

Currently working in LevFin and considering a move to a CLO manager. They raise external capital and manage CLOs containing mostly private PE-related loans.

Is this a good route to move to a L/S Credit strategy at a hedge fund down the line? Or would I be stuck in CLOs if I make this move?

I understand this is a weird time to move to a CLO as they could have trouble raising new funds when the markets are choppy, as I'm sure they will be over the next year or two. It would mostly be a lot of portfolio management rather than new origination.

Comments ( 1 )

1m
2wo2imes , what's your opinion? Comment below:

Sed voluptatem quia quas et velit rem voluptate. Qui alias iure nemo eaque. Id tenetur incidunt quas veniam doloribus voluptas voluptates repellendus. Et accusantium facilis ab id.

Ipsum possimus qui aut cumque. Fugiat aliquam quam nam beatae aspernatur vel. Molestias perspiciatis harum nihil ad illum dolorem. Magnam debitis quos veritatis aut quia adipisci maxime. Modi et voluptatem deleniti aut.

Et assumenda deleniti amet a. Eos qui nihil culpa doloremque adipisci voluptatem. Ut maxime vel et error tempora dolorem eius. Eligendi architecto ea inventore enim quo facilis neque occaecati. Commodi eveniet ut vel quod.

Start Discussion

Career Advancement Opportunities

March 2023 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • AQR Capital Management 96.8%
  • Two Sigma Investments 95.8%
  • Citadel Investment Group 94.7%

Overall Employee Satisfaction

March 2023 Hedge Fund

  • D.E. Shaw 98.9%
  • Magnetar Capital 97.8%
  • Blackstone Group 96.8%
  • Millennium Partners 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

March 2023 Hedge Fund

  • D.E. Shaw 99.0%
  • Point72 97.9%
  • AQR Capital Management 96.9%
  • Citadel Investment Group 95.8%
  • Magnetar Capital 94.8%

Total Avg Compensation

March 2023 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (22) $464
  • Director/MD (11) $434
  • NA (5) $306
  • Manager (4) $282
  • 3rd+ Year Associate (23) $275
  • Engineer/Quant (66) $274
  • 2nd Year Associate (29) $251
  • 1st Year Associate (71) $192
  • Analysts (218) $177
  • Intern/Summer Associate (20) $130
  • Junior Trader (5) $102
  • Intern/Summer Analyst (241) $85