Tier 1 fund - Investment Management – Private Credit Secondaries

Strategy

Credit Secondaries (LP Portfolio Acquisitions, GP-led Transactions, Structured Solutions)

Tier 1 fund is seeking to appoint a Vice President to join its Credit Secondaries investment team. The role will focus on the evaluation, execution and portfolio management of secondary transactions across private credit strategies, including direct lending, opportunistic credit and structured credit exposures.

The successful candidate will play a leading role in underwriting complex portfolio transactions, pricing diversified credit exposures and managing execution work streams through to completion.

This is a core investment role with meaningful responsibility and direct exposure to senior leadership and Investment Committee.

• Lead detailed analysis of LP portfolios and GP-led secondary opportunities
• Conduct asset-level credit underwriting across diversified portfolios
• Build and own complex portfolio cash flow models, pricing frameworks and return analysis
• Assess structural considerations including leverage, waterfalls and fund-level economics
• Formulate investment recommendations and draft Investment Committee materials
• Coordinate commercial, legal, tax and structuring work streams
• Engage directly with GPs, LPs, sponsors and advisors
• Negotiate key commercial terms alongside senior team members
• Monitor portfolio performance and risk exposures
• Lead periodic valuation analysis
• Prepare internal and external reporting materials
• Support portfolio construction and capital deployment strategy

• Mentor Associates and Analysts
• Contribute to strategic discussions around fund deployment and pipeline development

8–10 years of experience within:

• Private Credit / Direct Lending
• Leveraged Finance
• Credit Hedge Funds
• Structured Credit
• Demonstrated experience leading credit underwriting processes
• Experience preparing and presenting Investment Committee materials

Prior exposure to secondaries transactions, NAV-based financing or GP-led processes is strongly preferred.

• Advanced financial modelling capabilities (portfolio-level cash flows, IRR analysis, downside stress testing)
• Strong understanding of capital structures and credit documentation
• Ability to analyse diversified portfolios under varying information conditions
• Commercial judgement and risk assessment capability