Fortress

Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $49 billion of assets under management as of March 31, 2024. Founded in 1998, Fortress manages assets on behalf of over 2,000+ institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. Investment performance is our cornerstone; we strive to generate strong risk-adjusted returns for our investors over the long term. For additional information on Fortress, please visit www.fortress.com.

About the Position

Fortress Investment Group is seeking a Valuation Analyst/Associate within its Credit Funds business.  The position will be a highly visible and key role on the Valuations team, assisting in the fair value determination of private investments within the Credit Funds business. 

Responsibilities:

• Oversight and in-depth review of monthly valuations of the Credit Funds’ investments
• Review internal valuations utilizing a variety of valuation techniques including discounted cash flow analysis, comparable company analysis, precedent transactions analysis, and other methodologies with asset managers and investment professionals to understand movements in valuations.
• Assist in the on-going analysis of the portfolio by reviewing complex financial models, key valuation assumptions and performance indicators, projected cashflows, and by tracking significant events for each asset.
• Prepare the results of valuations analysis, highlighting key findings. Compile valuations and supporting information and prepare summary packages to be reviewed by senior management and Valuation Committee
• Liaise with our auditors by gathering pertinent information requests and tracking documentation.
• Assist with policy and procedure reviews across Credit regarding Valuation to ensure consistency and accuracy.
• Develop strong relationships and effective lines of communication with colleagues and third parties (including Credit Funds senior management, investment teams, asset management, fund accounting, and auditors)

Qualifications:

• The ideal candidate will have 2-4 years of relevant experience.
• Must have hands on experience with private valuations (debt and and/or equity valuations)
• Bright, quick learner, reliable, self-motivated, self-starter
• Strong personal ownership and ability to resolve issues independently.
• Strong problem solving and critical thinking skills
• Strong interpersonal (verbal and written communication) skills, including experience presenting / communicating with senior managers.
• Process improvement orientated with a demonstrated track record of implementing enhancements.
• Ability to take initiative and work independently, as well as work closely with fellow team members in a collaborative environment.
• High degree of accuracy and attention to detail.
• Advanced proficiency in Microsoft Excel is expected.
• Working knowledge of Bloomberg and Wall Street Office is preferred.
• Alternative asset management experience, bank valuation or marking agent experience preferred
• Ability to interpret a Credit Agreement is a plus.
• Ability to build a discounted cashflow model is a plus.
• CFA designation (or working toward) is a plus.