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.
Private Credit Associate - Hedge Fund in new york at Unknown Company
This position is listed as full time and onsite.