Associate - Private Credit A leading private credit platform with a strong reputation in middle-market direct lending and opportunistic credit strategies is seeking a 2nd or 3rd-year Investment Banking Associate (not newly promoted) to join its Private Credit team. The firm leads and structures 90% of their transactions, ensuring control over documentation and execution. Deal sizes range from $40M to $500M, and the culture is nimble, entrepreneurial, and top-heavy.
Key Responsibilities:
• Evaluate and execute middle-market direct lending transactions (sponsored and non-sponsored).
• Perform LBO modeling and credit analysis with precision.
• Transition over time into origination and sourcing, leveraging sponsor relationships.
• Collaborate closely with senior professionals in a top-heavy team structure.
Ideal Candidate Profile:
• Background: Investment Banking (M&A or coverage), NOT Capital Markets.
• Experience: 2nd-3rd year Associate with strong deal volume and technical ability.
• Skills: Advanced modeling, deep understanding of capital structure, execution experience.
• Industry Coverage: Broad (industrial or business services highly preferred).
• Other: No visa sponsorship; CPA/consulting-only backgrounds are not a fit.
*Please note this role is fully in-person