About the Role
Join iCapital's Research and Due Diligence team, focusing on private credit strategies and broader private markets including private equity, real estate, and real assets. This role involves leading investment opportunity sourcing, evaluation, and monitoring, overseeing due diligence, developing thought leadership, presenting to clients, and managing investment analysts. The ideal candidate possesses deep private credit expertise and a strong understanding of the evolving private markets landscape.
Responsibilities
- Lead evaluation and due diligence of private credit managers and strategies, including direct lending, opportunistic credit, structured credit, and specialty finance.
- Conduct comprehensive investment and operational due diligence, focusing on manager underwriting processes, portfolio construction, and risk management frameworks.
- Prepare detailed due diligence reports integrating qualitative insights and quantitative analysis.
- Oversee and manage a private credit-focused investment pipeline, including sourcing, evaluating, and prioritizing new and existing opportunities.
- Support broader private markets coverage, including private equity, real estate, and real assets.
- Present investment opportunities and market insights to internal stakeholders, investment committees, and clients.
- Contribute to the development of private credit market views, including analysis of interest rate environments, credit spreads, and relative value dynamics.
- Participate in ongoing portfolio monitoring for private credit investments, including performance tracking and risk assessment.
- Collaborate cross-functionally with Sales, Legal & Compliance, and Corporate Finance teams.
- Mentor and manage junior team members, fostering a high-performing research culture.
Requirements
- Fund manager evaluation as primary responsibility at prior firm(s).
Skills
- Qualitative and quantitative analytical skills
- Strong written communication skills
- Ability to present to senior professionals in the industry
- Ability to work independently
Work Type
- Full-time
- Hybrid
Experience Level
- 15+ years of total experience in financial services
- 10+ years of experience conducting due diligence on private capital managers
Salary/Compensations
- $225,000 to $265,000
Benefits
- Equity for all full-time employees
- Annual performance bonus
- Employer matched retirement plan
- Generously subsidized healthcare
- 100% employer paid dental
- 100% employer paid vision
- Telemedicine
- Virtual mental health counseling
- Parental leave
- Unlimited paid time off (PTO)
Equal Opportunity
- iCapital is an Equal Employment Opportunity and Affirmative Action employer.
- No discrimination based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
