Job Title: Private Credit Associate
Company Overview: Our client is a multi-strategy private markets investment firm managing over $16 billion in assets under management (AUM). They focus on generating strong, risk-adjusted returns by investing in niche market opportunities. Core investment strategies include small buyouts, emerging markets, opportunistic credit, real estate, and small business credit. Recently, they have secured $1 billion in fresh capital commitments and continue to experience significant capital inflows.
Investment Strategy: Our client historically focuses on special situations and private credit, with a primary strategy of tactical opportunities. The investment approach is predominantly private credit, balanced across direct lending and specialty finance. During draw-down periods, they buy dislocated performing credit in trade markets at steep discounts. Deal sizes typically range from $10 to $50 million EBITDA, with a focus on sponsor-backed deals and failing businesses. The capital structure is flexible, including junior or structured preferred investments. The firm has a specialty finance focus, excluding MBS or CMBS, and structured credit includes real estate, CRT, royalty, and litigation, but excludes residential and commercial consumer finance.
Qualifications:
- 2-4 years of experience in leveraged finance and buy-side roles.
- Strong analytical, modeling, and restructuring skills.
- Experience in special situations, distressed assets, or private credit is preferred.
- Excellent communication and negotiation skills.
- Ability to work in a fast-paced, dynamic environment.
Responsibilities:
- Assist in developing and implementing investment strategies.
- Source and select investments, negotiate terms and conditions.
- Monitor portfolios and manage risk.
- Conduct detailed financial analysis and modeling.
- Participate in the due diligence process for potential investments.