What are the responsibilities and job description for the Associate, Credit Secondaries position at Portfolio Advisors?
Portfolio Advisors is a global private asset manager specializing in the U.S. middle market. We provide tailored private equity, private credit and private real estate investment solutions through a variety of customized programs, including direct, secondary and primary investments, and junior and senior credit. Since our founding in 1994, Portfolio Advisors has served as an active partner to the middle-market community, leading to superior access and value creation for clients and sponsors alike.
In 2023, Portfolio Advisors combined with FS Investments, a pioneer in the democratization of alternative assets. Together, we manage over $83 billion in assets and offer a broad suite of alternative strategies to both institutional and individual investors. The combined company has more than 500 employees across offices in the U.S., Europe and Asia, with headquarters in Philadelphia and Darien, CT.
PA is currently investing its Portfolio Advisors Credit Secondaries Fund (“PACSF”) that focuses on LP credit secondary investments with the additional flexibility to invest in GP credit secondary transactions and credit co-investments. PA is looking to add an Associate to the PACSF team located in Darien, CT. This person will have the responsibility to assist the PACSF’s investment professionals in sourcing, underwriting and monitoring investment opportunities. Specifically, the individual will be involved with and responsible for:
Responsibilities:
- Provide transactional support for the PACSF team
- Perform private credit transaction modeling
- Conduct market and company research
- Participate in due diligence calls
- Assist in all aspects of the transaction, including deal selection, pricing analysis, negotiation and execution
- Assist in all transaction documentation and presentations to investment committee
- Perform deal monitoring analysis
- Participation in identification of deal sourcing targets
- Perform other ad hoc projects
Job Requirements:
- We seek an individual who is self-disciplined and demonstrates creative thinking
- Graduated from a top-tier undergraduate university
- 1-3 years work experience in an investment banking, private equity or consulting organization, or 1-3 years of secondary exposure
- Strong analytical, modeling, organizational and writing skills
- A professional presence coupled with relationship skills to interact effectively with internal and external parties
- A highly-motivated, self-starter with the ability work independently within a team context
Portfolio Advisors is an Equal Opportunity Employer.
Portfolio Advisors does not accept unsolicited resumes from recruiters or search firms. Any resume or referral submitted in the absence of a signed agreement is property of Portfolio Advisors and no fee will be paid.
