Associate

COMPANY DESCRIPTION:

Fidus Capital is an alternative investments platform with over $1.5 billion of assets under management focused on providing capital solutions for the lower middle market. The principals of Fidus possess on average over 25 years of experience investing in, lending to, and advising lower middle market companies across a broad spectrum of industries. Fidus’ flexible investment capabilities enable it to invest throughout the capital structure, with targeted investments consisting of senior secured / unitranche debt, mezzanine / subordinated debt, and equity securities. Fidus is the external management company of Fidus Investment Corporation ( ), a publicly traded (NASDAQ: FDUS) business development company (“BDC”), as well as various private pools of capital. Since 2007, Fidus has invested more than $3.5 billion of capital in more than 220 founder-owned and private equity-backed companies and currently oversees approximately 100 portfolio company investments.

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Fidus maintains offices in Evanston, IL; Charlotte, NC; and New York, NY.

POSITION DESCRIPTION:

Fidus’ Associate roles provide an opportunity to actively contribute to all aspects of the new investment evaluation, underwriting execution, and post-close portfolio management process. The Associate will work in small MD-led deal teams alongside experienced investment professionals, gaining increasing responsibility through hands-on deal work and regular exposure to portfolio company management teams. Fidus’ culture emphasizes teamwork, inclusion, respect, integrity, and diligence, and the firm is seeking like-minded candidates who wish to grow and develop long-term careers as successful principal investors.

Essential Job Functions:

New Transaction Underwriting – Evaluate New Investment Opportunities

• Review offering memorandums and collaborate with deal team members to develop an investment thesis and identify an appropriate capital structure
• Build Excel-based financial models analyzing historical and projected financial performance and key operating metrics
• Conduct industry research (e.g., equity research reports, comparable company analysis, discussions with industry experts) to validate the target company’s market position
• Assist in preparing preliminary investment overviews and more formal investment committee memorandums
• Support legal document review and negotiations
• Assist in the transaction closing process

  Portfolio Management – Monitor Existing Portfolio Company Investments

• Evaluate portfolio companies’ monthly financial reporting packages, with a focus on monitoring financial trends and key operating metrics
• Attend portfolio company board meetings
• Participate in the evaluation of add-on investment opportunities (consistent with New Transaction Underwriting activities) and the execution of legal documentation amendments
• Assist in creating and reviewing SEC-mandated quarterly valuation memorandums

  Capital Markets – Participate in the Placement and Arrangement of Syndicated Credit Facilities

QUALIFICATIONS:

Education / Previous Experience:

• 1–3 years of relevant work experience, with a strong preference for individuals who have worked in sponsor finance, direct lending, debt capital xhqgsiq markets, or private equity
• Undergraduate degree, preferably with a major in a business-related discipline

  Technical Skills:

• Strong analytical, writing, and communication skills
• Financial accounting experience preferred
• Financial modeling experience (e.g., three-statement or LBO models)
• Advanced Microsoft Office skills, with a focus on Excel and Word

Behavioral Attributes:

• Able to work in a small, fast-paced team environment
• High degree of initiative, personal responsibility, and integrity
• Strong sense of urgency and attention to detail
• Team player, with strong interpersonal skills
• Highly motivated, with a drive to excel
• Professional demeanor

Other Qualifications:

• Willingness to relocate to the Chicago, IL area. The role is located in Fidus’ Evanston, IL, office (~30 minutes north of Chicago)
• Authorized to work in the United States

COMPENSATION:

• Competitive base salary, excellent benefits, and potential for an annual bonus