iCapital is powering the worlds alternative investment marketplace. Our financial technology platform has transformed how advisors, wealth management firms, asset managers, & banks evaluate & recommend bespoke public & private market strategies for their high-net-worth clients.
iCapital services approximately $180 billion in global client assets invested in 1,441 funds, as of February 2024.
iCapital has been named to the Forbes Fintech 50 for seven consecutive years (2018-2023); a three-time selection by Forbes to its list of Best Startup Employers (2021-2023);
a three-time winner of MMI / Barrons Solutions Provider award (See link below).
About the Role
iCapital is looking for a Senior Vice President to join the Portfolio Management team who will be responsible for building & managing a portfolio of senior secured private credit loans made alongside prominent third-party lenders.
This investment professional will play an integral role in helping grow both our evergreen registered fund business & Direct Private Investment program.
Responsibilities
- Perform deep credit research & due diligence on new private credit co-investment opportunities alongside third-party lenders.
- Manage private credit portfolio construction.
- Oversee financial underwriting models.
- Present investment committee memos.
- Discuss overall strategy, portfolio, & specific co-investments with investors, as needed.
- Monitor the portfolio by reviewing quarterly updates, conducting calls with the third-party lenders, & tracking any impairments closely.
- Mentor & oversee junior investment professionals.
- Collaborate with various internal teams such as Distribution, Finance, Legal & Compliance.
Qualifications
- 10+ years of relevant experience in private credit (direct investments and / or co-investments) with a focus on senior secured, unitranche & mezzanine lending
- Considerable experience in analyzing private companies, loan covenants & structural protections, as well as overseeing risk management in the construction of a private credit portfolio
- Extensive experience in the middle market, preferably with a focus on sponsor-backed companies
- Strong qualitative & quantitative analytical capabilities in the private credit sector
- Excellent verbal communication skills
- Able to problem-solve & make logical recommendations under pressure
- Professional & confident demeanor, including comfort interacting with senior personnel in the industry
Benefits
The base salary range for this role is $260,000 to $300,000. iCapital offers a compensation package which includes salary, equity for all full-time employees, & an annual performance bonus.
Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, & virtual mental health counseling, parental leave, & unlimited paid time off (PTO).
We believe the best ideas & innovation happen when we are together. We offer most employees the flexibility to work in the office three or four days.
Every department has different needs, & some positions will be designated in-office jobs, based on their function.
For additional information on iCapital, please visit Twitter : @icapitalnetwork LinkedIn : Awards Disclaimer :
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