Private Credit Associate - Hedge Fund

Job Description

We are working with a leading credit hedge fund that have a well established direct lending strategy. The team are looking for an Associate with c.3 years of experience to join.

Candidate Responsibilities

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• Underwrite middle-market direct lending opportunities, assessing business quality, cash flow, leverage, and downside risk.
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• Build and review financial models, including operating forecasts, debt capacity, sensitivities, and returns analysis.
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• Conduct company, industry, management, and sponsor due diligence and develop clear investment recommendations.
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• Prepare investment memoranda and support transaction execution, including structuring, documentation, and Investment Committee materials.
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• Monitor portfolio companies, track financial performance and covenant compliance, and support ongoing portfolio management.
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Key Requirements

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• 2–5 years of experience in private credit, leveraged finance, investment banking, or a related investment role.
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• Strong financial modelling and analytical skills, with a solid understanding of financial statements and credit analysis.
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• Experience with leveraged, sponsor-backed, or middle-market transactions preferred.
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• Strong understanding of debt structures, covenants, credit documentation, and downside protection.
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• Excellent communication skills, attention to detail, commercial judgment, and ability to work effectively in a fast-paced investment environment.
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