Private Credit Associate - Hedge Fund

We are working with a leading credit hedge fund that have a well established direct lending strategy. The team are looking for an Associate with c.3 years of experience to join.

Candidate Responsibilities

• Underwrite middle-market direct lending opportunities, assessing business quality, cash flow, leverage, and downside risk.
• Build and review financial models, including operating forecasts, debt capacity, sensitivities, and returns analysis.
• Conduct company, industry, management, and sponsor due diligence and develop clear investment recommendations.
• Prepare investment memoranda and support transaction execution, including structuring, documentation, and Investment Committee materials.
• Monitor portfolio companies, track financial performance and covenant compliance, and support ongoing portfolio management.

Key Requirements

• 2–5 years of experience in private credit, leveraged finance, investment banking, or a related investment role.
• Strong financial modelling and analytical skills, with a solid understanding of financial statements and credit analysis.
• Experience with leveraged, sponsor-backed, or middle-market transactions preferred.
• Strong understanding of debt structures, covenants, credit documentation, and downside protection.
• Excellent communication skills, attention to detail, commercial judgment, and ability to work effectively in a fast-paced investment environment.