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Private Credit Associate
Dallas
Credit Funds
Ref #
3324
Date published
24-Mar-2024

About 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 Position

The firm is currently looking to hire an Associate to join our Private Credit team in the Dallas office with a focus on privately negotiated investments in unitranche direct loans and structured junior capital.

Responsibilities

Evaluate new investment opportunities by conducting quantitative and qualitative due diligence on private credit direct loan opportunities as part of an underwriting team

• Due diligence activities will include:

• Analyze private companies across all industries including data synthesis, trend summaries and valuation

• Applying understanding of current macro and micro trends to private credit opportunities with a downside focus

• Operating and maintaining complex financial models to evaluate and sensitize credit metrics and return profiles

• Prepare and present an investment thesis via investment committee memos and internal discussions on credit merits and risks

• Support deal teams in transaction management, including overall process organization, negotiations with counterparties and execution of closings

• Prepare presentations for investors, firm partners and other counterparties

• Assist in ongoing fund performance monitoring and portfolio analytics

• In addition to private credit underwriting, the Associate may be expected to work selectively on traded corporate credit security investment opportunities

Qualifications

• 3-5 years’ experience in investment banking, credit or private equity principal investing, credit valuation or restructuring advisory services

• Strong analytical capabilities, financial analysis, writing and presentation skills

• Advanced proficiency in Excel, PowerPoint and financial modeling

• Successful candidates will have a proven track record of leadership skills, and a strong record of academic achievement

• Detail oriented with the ability to multi-task and work both independently and in a dynamic team environment

• Strong verbal and written communication skills, and a professional, polished demeanor

• Self-motivated with an entrepreneurial spirit and the ability to handle and thrive with increased independence

• Bachelor’s degree preferably with a business related major




Fortress Investment Group LLC collectively with its subsidiaries and operating affiliates is an equal opportunity employer and considers all applicants for employment without regard to race, religion, creed, color, sex, age, national origin, citizenship status, disability, genetic information, protected veteran status, marital status, sexual orientation, gender identity, or any other status protected by federal, state or local law.