PM Associate, Private Credit
Madison, OH - USA
Job Summary
PM Associate Private Credit
Established in 1984 Bain Capital is one of the worlds leading private investment firms with approximately $105 billion in assets under management. Bain Capital manages a range of strategies including private equity public equity credit venture capital real estate life sciences and impact investments. Our competitive advantage is grounded in a diligence-intensive value-added investment approach that enables the firm to deliver industry-leading returns for its investors. Headquartered in Boston Bain Capital has offices in Chicago Dublin Guangzhou Hong Kong London Madrid Melbourne Mumbai Munich New York Palo Alto San Francisco Seoul Shanghai Sydney and Tokyo.
BAIN CAPITAL CREDIT OVERVIEW
Bain Capital Credit is a leading global credit specialist with approximately $53 billion in assets under management. We invest across the full spectrum of credit strategies including asset-based finance direct lending leveraged loans high-yield bonds non-performing loans real estate and other hard assets and equities. Through a wide diversity of mandates we have the ability to invest in every level of a company or assets capital structure from secured debt to equity and can provide holistic solutions to growing companies with unique financing needs.
Our investment process is characterized by detailed business and financial analysis and a culture of vigorous debate. We combine a consulting-based approach to industry competitor and business analysis with an in-depth examination of a target companys financial performance and capital structure. Our goal is to select the best industries the best companies and the best relative value among the many securities each company offers.
Bain Capital Credit has a world-class team of over 110 investment professionals with extensive experience analyzing and managing high-yield investments.
PRIVATE CREDIT GROUP
Bain Capital Credits Private Credit Group evaluates investment opportunities across the spectrum in the middle market or typically companies with $10-150M of EBITDA located in North America Europe and Asia Pacific. With a dedicated global team of over 40 investment professionals we can lead investments across the capital structure in senior secured first lien second lien and unitranche loans subordinated debt and preferred or common equity co-investments. Our dedicated global team affords us the ability to diligence the most complex situations and provides private capital to those companies.
PORTFOLIO MANAGEMENT TEAM
The Portfolio Management Team works directly with senior management on group strategy and fund positioning with a focus on asset allocation return optimization risk management liability management and fund analysis. The Private Credit Group has $21 billion AUM today across two business development companies Bain Capital Specialty Finance Inc. (NYSE: BCSF) and Bain Capital Private Credit (BCPC) the flagship Global Direct Lending and Middle Market Credit Partners funds as well as several other separately managed accounts Private Credit CLOs and structured fund products. We are looking to hire an Associate.
RESPONSIBILITIES INCLUDE
Analyze current portfolio positioning and capitalization across funds and managed accounts in the firms Private Credit strategies
Support in evaluating structuring and executing on funds structured funds (rated notes collateralized fund obligations) financing structures (SPVs CLOs) and other structured products
Contribute to the assessment and execution of strategic growth planning initiatives within the Private Credit Group
Build and maintain complex financial models of the Private Credit Groups funds and managed accounts
Generate the analytical framework used by the portfolio management team investors and other related parties
Conduct a wide range of research and analysis for use in portfolio management investor requests and internal analytics
Communicate with senior management and investors on current portfolio construction and return information
QUALIFICATIONS
Strong academic credentials and a demonstrated track record of professional high performance
Minimum 3-5 years of experience with a strong preference for prior credit market experience including leveraged lending private credit or structured credit experience
Excellent communication skills; able to synthesize complicated analyses concisely and articulate conclusions in a compelling manner. Open to spirited debate over ideas.
Strong financial statement analysis and modeling abilities. Strong understanding of public and private capital markets corporate securities and capital structures
High agility and an ability to multi-task and work across the organization on a wide range of workstreams and deliverables.
Experience with middle market direct lending or CLO or other structured / financing products is a plus
Compensation:
Expected Annual Base Salary $00
Actual base salary will be determined by a wide range of factors including but not limited to role function level experience qualifications and geographic addition to a competitive base salary this position may be eligible for a discretionary annual bonus based upon factors such as individual impact team and firm performance. Bain Capital offers a competitive benefits package designed to support employees health financial security family needs and overall well-being.
Bain Capital is an equal opportunity employer. We are committed to equal employment opportunity regardless of race color ancestry religion sex national origin sexual orientation age citizenship marital status disability gender identity or Veteran status.
Required Experience:
IC
About Company
Bain Capital, LP is one of the world’s leading multi-asset alternative investment firms. With offices on four continents, our global team aligns our interests with those of our investors and partners for lasting impact.