Hook

Their other posts in the index, biggest breakout first.
There's a job in finance that pays 80% of private equity money for about 60% of the hours. I did it for four years. There's one column in this chart that will make you really stay rich. So stay till the end for it. The job is private credit. Instead of buying companies like PE does, you lend to them. You're the debt behind those big buyouts. But the salary is not the real money. See the carry column? Carry is your slice of the fund's profits. 5% to 15% at the senior level, and that's the number that quietly turns a paycheck into generational wealth. Follow for part two on how to get in. In IB, you're chasing the deal. Pitch it, model it, close it. In private credit, you're lending real money and you have to get it back. So you build in repayment scenarios. What happens to the company if revenue drops 20%? What if they lose their biggest customer? Can they still cover the interest on the debt? You write covenants that trip early warning before a loan goes bad. So you're stress testing the cash flow, not pitching at the client. Analyst comps start around 125k, associates clear 250, and MDs, they're pulling in 1 to 2 million plus. But the salary isn't the real money. See the carry column? Carry is your slice of the fund's profits. 5% to 15% at the senior level, and that's the number that quietly turns a paycheck into generational wealth. Follow for part two.