GCM Grosvenor
Overview
Credit Secondaries Associate role at GCM Grosvenor. The Associate will be responsible for performing a broad range of analytical, communication and research duties as part of the firm’s secondary credit investment activities. The associate will also work alongside investment professionals involved in the firm’s credit primary and co-investment platforms. As an onsite/hybrid employee, you are expected to be in the office on Tuesdays, Wednesdays and Thursdays and on an as needed basis Mondays and Fridays.
Responsibilities
Coordinate due diligence processes on credit secondary transactions, including the research of underlying portfolio investments and the creation of detailed valuation models. This role requires thinking and acting as a principal investor, converting analyses into well-developed investment recommendations.
Play an active role in investment transactions from start to finish, including legal documentation and all closing logistics. Possess project management skills and the ability to work effectively in deal teams, often on several transactions simultaneously and under tight deadlines.
Prepare financial analyses in support of due diligence on secondary credit investment opportunities, including complex modeling of fund cash flow projections and transaction structures.
Communicate manager and strategy-related issues to the investment team.
Prepare investment committee memoranda and offer insights and ideas regarding potential investments and deal terms.
Monitor and report on investment/portfolio performance and draft internal and external communications including periodic updates on portfolio performance.
Communicate with sellers/advisors as part of sourcing and investment processes.
Collaborate with business development and marketing teams on investor presentations.
Perform special projects related to the strategy or credit industry.
Education, Skills And Experience Requirements
Bachelor’s degree required. Appropriate professional designation, such as a CFA, preferred but not required.
3 – 5 years of experience with a track record of investment leadership and advancement in positions of increasing responsibility.
Experience in credit fund manager selection or credit investment underwriting is preferred.
The individual should have broad-based investment and capital markets knowledge.
Ability to state and justify a well-reasoned investment opinion – both verbal and written. Experience in presenting complex material in a clear and concise manner to senior investment leaders.
Demonstrated initiative and ability to work in a fast-paced, changing environment.
High degree of integrity and the ability to recognize confidentiality requirements with a strong concern for quality of final product and the ability to balance that concern with deadlines.
Excellent organizational skills and the ability to manage multiple tasks simultaneously in a cross-functional team environment. Entrepreneurial approach to task management. Ability to take control and manage tasks independently to closure.
Strong analytical skills with proven success in due diligence, research and interpretation of market environment, opportunities and investment strategies.
Superior written and verbal communication skills.
Collaborative, self-starter and independent thinker who works well in a team.
Ability to travel.
The successful candidate will be self-motivated and energized by working amongst thoughtful colleagues. They will be part of an organization focused on excellence and will be a strong team player with a proactive approach and the ability to exercise discretion and judgment.
Actual base salary may vary based on factors such as individual's experience, skills, and qualifications for the role. Employees may be eligible for a discretionary bonus based on factors such as individual, team, and company performance as well as a comprehensive benefits package.
About The Firm GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $86 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 54 years and has a diverse, engaged team of approximately 560 professionals serving a global client base. Eligible employees can elect to participate in comprehensive healthcare coverage (including medical, dental, vision and life insurance), flexible spending accounts, and the employer sponsored retirement plan. Additionally, employees are eligible for paid time off, parental leave, short-term and long-term disability, as well as other care/wellness programs. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul, and Sydney. For more information, visit: gcmgrosvenor.com.
EQUAL OPPORTUNITY EMPLOYER M/F/D/V
Senioriy level
Mid-Senior level
Employment type
Full-time
Job function
Finance and Sales
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Responsibilities
Coordinate due diligence processes on credit secondary transactions, including the research of underlying portfolio investments and the creation of detailed valuation models. This role requires thinking and acting as a principal investor, converting analyses into well-developed investment recommendations.
Play an active role in investment transactions from start to finish, including legal documentation and all closing logistics. Possess project management skills and the ability to work effectively in deal teams, often on several transactions simultaneously and under tight deadlines.
Prepare financial analyses in support of due diligence on secondary credit investment opportunities, including complex modeling of fund cash flow projections and transaction structures.
Communicate manager and strategy-related issues to the investment team.
Prepare investment committee memoranda and offer insights and ideas regarding potential investments and deal terms.
Monitor and report on investment/portfolio performance and draft internal and external communications including periodic updates on portfolio performance.
Communicate with sellers/advisors as part of sourcing and investment processes.
Collaborate with business development and marketing teams on investor presentations.
Perform special projects related to the strategy or credit industry.
Education, Skills And Experience Requirements
Bachelor’s degree required. Appropriate professional designation, such as a CFA, preferred but not required.
3 – 5 years of experience with a track record of investment leadership and advancement in positions of increasing responsibility.
Experience in credit fund manager selection or credit investment underwriting is preferred.
The individual should have broad-based investment and capital markets knowledge.
Ability to state and justify a well-reasoned investment opinion – both verbal and written. Experience in presenting complex material in a clear and concise manner to senior investment leaders.
Demonstrated initiative and ability to work in a fast-paced, changing environment.
High degree of integrity and the ability to recognize confidentiality requirements with a strong concern for quality of final product and the ability to balance that concern with deadlines.
Excellent organizational skills and the ability to manage multiple tasks simultaneously in a cross-functional team environment. Entrepreneurial approach to task management. Ability to take control and manage tasks independently to closure.
Strong analytical skills with proven success in due diligence, research and interpretation of market environment, opportunities and investment strategies.
Superior written and verbal communication skills.
Collaborative, self-starter and independent thinker who works well in a team.
Ability to travel.
The successful candidate will be self-motivated and energized by working amongst thoughtful colleagues. They will be part of an organization focused on excellence and will be a strong team player with a proactive approach and the ability to exercise discretion and judgment.
Actual base salary may vary based on factors such as individual's experience, skills, and qualifications for the role. Employees may be eligible for a discretionary bonus based on factors such as individual, team, and company performance as well as a comprehensive benefits package.
About The Firm GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $86 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 54 years and has a diverse, engaged team of approximately 560 professionals serving a global client base. Eligible employees can elect to participate in comprehensive healthcare coverage (including medical, dental, vision and life insurance), flexible spending accounts, and the employer sponsored retirement plan. Additionally, employees are eligible for paid time off, parental leave, short-term and long-term disability, as well as other care/wellness programs. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul, and Sydney. For more information, visit: gcmgrosvenor.com.
EQUAL OPPORTUNITY EMPLOYER M/F/D/V
Senioriy level
Mid-Senior level
Employment type
Full-time
Job function
Finance and Sales
#J-18808-Ljbffr