What are the responsibilities and job description for the Senior Associate, Private Credit position at Ignites?
Description
Qualifications, skills, and all relevant experience needed for this role can be found in the full description below.
Thornburg Investment Management (“TIM”), with over $43B AUM, has over 40 years of experience in public debt and is a leader in providing fixed income solutions. Bow River Capital (“BRC”), with over $3.6B AUM, has more than 20 years of alternative asset expertise and a strong track record of partnering with founders, management teams and private equity sponsors to develop collaborative approaches to build and grow businesses, many of which are located in the overlooked Rodeo Region. Together, we’re building Thornburg Bow River Credit Opportunities Fund ("TBRCOF"), a unique private credit platform that provides flexible solutions across the capital structure, to support the needs of lower and middle market businesses.
Primary Job Function :
Senior Associates on the TBRCOF team will work closely with all levels of credit investment professionals, the TBRCOF Investment Committee, as well as investment professionals across BRC’s and TIM’s other strategies, throughout every stage of the investment process. As a Senior Associate, you will play an integral role on a lean deal team in investment identification, underwriting and due diligence, structuring, transaction execution, monitoring, and investor reporting in a wide range of exciting transactions across the capital structure in a variety of industries. This role will be in a fast-paced, entrepreneurial, and collaborative environment, offering exposure to all aspects of the investment process.
Duties & Responsibilities :
TBRCOF is seeking a highly motivated investment professional to join the team as direct employee of TIM dedicated to the private credit platform. A Senior Associate is expected to fulfill the following responsibilities :
- Engage in all aspects of due diligence and detailed investment analysis related to potential investments, including industry research, financial modeling, and business analysis to develop and refine investment theses.
- Create short-form and long-form investment memoranda, prepared in conjunction with other members of the investment team, and present to the TBRCOF Investment Committee.
- Assist with transaction structuring, negotiating of investment terms, and execution of legal documentation.
- Actively manage and support portfolio investments, including maintaining portfolio financial tracker and preparing financial analyses and memoranda related to document amendment processes.
- Support fundraising activities, including preparing and updating marketing materials, preparing ad hoc fund analysis, and conducting / compiling market research.
- Support origination efforts, including participating in marketing calls / meetings and conducting market research.
- Serve as liaison with broader TIM organization and work closely with TIM team focused on private credit.
Salary Range : $120,000 - $140,000
The starting salary offer will vary based on the applicant’s education, experience, skills, abilities, geographic location, and alignment with market data. This role to remain posted through January 31, 2025. Colorado law requires an estimated closing date for job postings. Please don't be discouraged from applying if you see this date has passed.
Job Benefits :
Requirements :
J-18808-Ljbffr
Salary : $120,000 - $140,000