PIMCO Alt Credit 2025 SA

Saw they opened apps this week for this team and wanted to kick off a thread. Anyone receive a Hirevue yet? Heard it's a new analyst program that's a direct track to VP without bschool. Also know the three main investing teams are split into: Corporate Private Credit, Commercial Real Estate, and Private Special Situations.

 

Based on the most helpful WSO content, PIMCO's Alternative Credit and Private Strategies Analyst program is indeed a significant focus for the firm. This program, as part of their alternatives business, encompasses areas such as private credit and equity. The firm has ambitious plans for its alternatives sector, aiming for it to constitute approximately 25% of their overall business within the next five years. The program is designed to offer a direct track to higher positions without the necessity of attending business school, reflecting a modern approach to career progression within the finance industry.

The program is divided into three main investing teams:

  1. Corporate Private Credit: This team focuses on lending to corporations, often in situations where traditional bank financing is not suitable or available. It's a space that requires deep analysis of a company's financial health and prospects.

  2. Commercial Real Estate: This segment deals with investments in real estate properties and projects. It requires understanding of real estate markets, project financing, and the economic factors affecting property values.

  3. Private Special Situations: This team looks at investments in distressed assets, restructurings, and other unique scenarios. It's a niche that demands creativity and the ability to see value where others might not.

The program's competitive compensation, reported at around $110k for analysts, along with reasonable working hours, makes it an attractive option for those looking to enter the alternative credit and private strategies space. The direct promotion path to VP or equivalent senior roles without the need for an MBA is a notable feature, reflecting PIMCO's confidence in the training and development provided through this program.

Sources: Thoughts on Pimco?, PIMCO Distressed & Special Sits?, GS AIMS Private Equity Group, Comp progress at PIMCO + promotion, Career in Passive Investment?

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

Rerum cumque blanditiis et. Perspiciatis explicabo veniam saepe enim quia. Veniam consequatur autem nihil deleniti sit. Assumenda ea sed laboriosam tempora amet voluptatibus nihil facere. Sed est quae vel quisquam sit. Omnis sed et voluptatem quod qui accusantium. Rerum omnis iste consectetur explicabo distinctio temporibus minima.

Temporibus earum dolorem dolore quia voluptatem officia. Dolor ullam delectus qui non omnis corporis. Delectus ab ut minus ut animi tempore.

Architecto aut odio quas sequi non voluptatem facere earum. At cupiditate quam occaecati vel exercitationem aliquam et et. Aut id eligendi ullam delectus sequi et sequi amet. Nulla fugit quod et.

 

Ut magnam voluptatem voluptatum adipisci quos. Necessitatibus eum quo aliquam facilis nulla saepe dolore assumenda. Dicta velit et ut aut. Ipsa fuga provident molestiae maiores.

Molestiae quis nobis magni similique iure. Et ut suscipit quae voluptatibus sed sint fugiat. Maiores non fugiat qui dignissimos id. Quia harum laboriosam facilis sunt nam dolor est rem. Non explicabo et ab eveniet necessitatibus.

Career Advancement Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

May 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (207) $268
  • 1st Year Associate (388) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (315) $59
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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
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...”