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Credit Associate

Menlo Park

Credit Funds

Ref#: 2725

Date published: 8-Jul-2021

Credit Associate

Menlo Park, CA


About Fortress 

Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $53.1 billion of assets under management as of March 31, 2021. Founded in 1998, Fortress manages assets on behalf of over 1,800 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 Credit

Fortress’s Credit business was launched in 2002 by Pete Briger. Today, the Fortress Credit team consists of over 500 professionals and is focused on investing globally, primarily in undervalued assets and distressed and illiquid credit investments. The investment team, led by Co-CIOs Pete Briger and Dean Dakolias, has a long and established track record investing throughout a number of credit and distressed cycles around the world, including the RTC Workout and the Asian Financial Crisis. With over 100 professionals dedicated to asset management in 14 geographic locations, the Fortress Credit team also has the experience and expertise to manage and service assets with operational complexity.


Responsibilities 

  • Produce and analyze work product to support the operation of fund complexes within the Real Estate Investment Group. This includes:
  • Review and analyze quarterly asset valuation and cashflow forecasts
  • Produce quarterly LP reporting packages and assist with ad hoc reporting requests
  • Produce and analyze investment fund and business line operating performance
  • Monitor investment fund liquidity and assist with capital call and distribution preparation
  • Assist with currency hedging; calculation of hedging targets and periodic rebalancing transactions
  • Assist with development and production of annual conference materials and supporting analysis
  • Various other analyses/reporting with respect to the investments and operations of the Funds and managed accounts. 

Qualifications

  • Experience preferred: 2-4 years
  • Bachelor’s degree in Accounting, Economics or Finance
  • Strong written communication skills
  • Strong organizational skills, attention to detail and prioritization capabilities 
  • Excellent interpersonal skills and successful experience working with a team
  • Proficient in Excel and PowerPoint

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