Non-Sponsor Backed Asset-Based Lending Associate-VP
Prime Recruitment Partners, California, Missouri, United States, 65018
Private Credit Associate / Senior Associate / VP – Non-Sponsor Backed Asset-Based Lending
Location: LA County, CA (5 days in office)
My client is a fast-growing private credit platform managing approximately $1.5B in AUM, and exponentially growing. Their strategy is focused on non-sponsor, senior-secured, asset-based lending, providing bespoke corporate credit and specialty finance solutions backed by hard collateral and structured credit enhancements.
The team targets low to mid-teen returns through downside-protected structures, typically investing $40MM to $200MM per transaction. The platform does not pursue equity ownership, mezzanine capital, distressed turnarounds or cash-burning situations, instead emphasizing strong asset coverage and disciplined underwriting.
This hire will join a lean, high-performing credit team and gain exposure across the full investment lifecycle, including underwriting, financial modeling, credit memo preparation, structuring, documentation review, execution and portfolio monitoring. The group operates as a relatively generalist credit investor across industries.
Ideal background:
2+ years of investment banking experience, preferably in leveraged finance or debt underwriting with an emphasis on non-LBO financings
Buyside credit experience considered, though traditional IB training is strongly favored
Strong credit modeling and covenant structuring skillset
High cultural alignment and comfort in a collaborative, in-office environment
The entire credit team is based in LA County. Candidates must be local or willing to relocate.
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My client is a fast-growing private credit platform managing approximately $1.5B in AUM, and exponentially growing. Their strategy is focused on non-sponsor, senior-secured, asset-based lending, providing bespoke corporate credit and specialty finance solutions backed by hard collateral and structured credit enhancements.
The team targets low to mid-teen returns through downside-protected structures, typically investing $40MM to $200MM per transaction. The platform does not pursue equity ownership, mezzanine capital, distressed turnarounds or cash-burning situations, instead emphasizing strong asset coverage and disciplined underwriting.
This hire will join a lean, high-performing credit team and gain exposure across the full investment lifecycle, including underwriting, financial modeling, credit memo preparation, structuring, documentation review, execution and portfolio monitoring. The group operates as a relatively generalist credit investor across industries.
Ideal background:
2+ years of investment banking experience, preferably in leveraged finance or debt underwriting with an emphasis on non-LBO financings
Buyside credit experience considered, though traditional IB training is strongly favored
Strong credit modeling and covenant structuring skillset
High cultural alignment and comfort in a collaborative, in-office environment
The entire credit team is based in LA County. Candidates must be local or willing to relocate.
#J-18808-Ljbffr