Insights

If you are thinking about a career in private credit, you have good timing. The field is booming right now, with average entry-level compensation exceeding that of private equity. According to this report from human resources firm Selby Jennings, associates at private credit funds are earning $250,000-$350,000 annually in total compensation, compared to $180,000-$280,000 for similar positions at middle-market PE funds.

Private credit has experienced tremendous growth as an investable asset, with a particular boom in the last two to three years. This post offers an introduction to this investment practice.

Exploring business valuation with a hypothetical example. Assume you own a business that generates $1 million of cash flow each year, what would someone have to offer you to sell it?

How do private equity funds value portfolio companies? This post describes the valuation methods used for this purpose.

In this post we will explain the difference between Free Cash Flow to the Firm (FCFF) and Free Cash Flow to Equity (FCFE), and further explain how to convert EBITDA and EBIT to Free Cash Flow.