Description & Requirements
About Fortress
Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $53 billion of assets under management as of June 30, 2025. 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.
Overview
Fortress recently launched its first Business Development Company (BDC) with over $700 million of investor capital and is looking to hire a new dedicated Corporate Finance Specialist. A BDC Corporate Finance Specialist is responsible for ensuring that Fortress Private Lending maintains optimal liquidity, risk management and capital allocation strategy to meet its financial obligations and support the success of the BDC. This role involves projection modeling, liquidity forecasting, capital structure and ROE analysis. This person will play a critical role in capital allocation decisions and implementing policies and strategies to maintain the BDC’s financial stability. This role will report into the BDC’s CFO and COO.
Key Responsibilities
- Build and maintain internal projection model for the BDC to estimate earnings and manage the liquidity, leverage and capital needs of the business.
- Build liquidity and risk management models with daily/weekly balance sheet that incorporates fund liquidity sources/uses; incorporate stress testing for investor redemptions, changes in market conditions, covenant compliance and leverage.
- Prepare various reports and summaries, including financial summaries, liquidity reports and ROE analysis, for senior management and BDC stakeholders.
- Support the execution of BDC financing transactions, including rating agency processes, revolver amendment activities and unsecured bond offerings, through KPI analyses and preparation of presentation materials.
- Manage credit facilities in collaboration with our Financing and Treasury teams, including monitoring of borrowing base and covenant compliance for the BDC’s debt facilities.
- Perform ad-hoc analysis to inform capital allocation decisions, such as debt offerings, distribution levels, opportunistic activities such as JVs, etc.
Qualifications:
- 5-10 years of experience in the financial services industry
- Professional background working in a BDC and prior experience with projection and liquidity modeling is a must
- Proven ability to construct and analyze comprehensive three-statement financial projection models, with a deep understanding of the interdependencies between income statement, balance sheet, and cash flow.
- Working knowledge of the Investment Company Act of 1940 and its application to BDCs
- Takes initiative and is solution-oriented in all interactions.
- Strong problem-solving skills.
- Excellent interpersonal skills, including oral and written communication.
- Ability to effectively prioritize and manage daily, weekly, and monthly workloads.
- Ability to multitask while staying focused.
- Bachelor's degree from a top school