Vice President, Private Credit

Job Description

Ledgend Group is partnering with an established New York investment firm that manages dedicated private credit and private equity funds focused on the U.S. lower middle market. The firm is growing its credit team and is adding a Vice President.

This is a lean, senior-heavy team. The VP will own deals end to end and work directly with the partners on every investment.

The Role

- Lead underwriting on mezzanine, unitranche and subordinated debt investments, often paired with minority equity co-investments

- Build and own financial models, run business and financial due diligence, and write investment committee memos

- Negotiate term sheets and credit documents alongside counsel

- Manage portfolio companies after close: monitoring performance, tracking covenants, and working with management teams and sponsors

- Mentor and develop Associates and Analysts

- Support deal sourcing across sponsored and founder or family owned businesses

Sector focus is niche manufacturing, industrial services and value-added distribution.

What We're Looking For

- 4+ years of credit investing experience, ideally in the lower middle market (mezzanine, unitranche or junior capital)

- Investment banking or leveraged finance analyst training preferred

- Strong modeling, writing and judgment, with the ability to run a deal with limited oversight

- Experience underwriting equity co-investments is a plus

Compensation

Base salary range of $150,000 to $200,000, plus discretionary bonus. Final compensation will depend on experience.