Private Credit Portfolio Manager, iCapital
Senior Vice President
$260-300k
+ Equity and annual bonus
Fintech platform for alternative investments
Job no longer available
Fintech platform for alternative investments
1001+ employees
Job no longer available
$260-300k
+ Equity and annual bonus
1001+ employees
Company mission
To power the world’s alternative investment marketplace.
Role
Who you are
- 10+ years of relevant experience in private credit (direct investments and/or co-investments) with a focus on senior secured, unitranche and mezzanine lending
- Considerable experience in analyzing private companies, loan covenants and 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 and quantitative analytical capabilities in the private credit sector
- Excellent verbal communication skills
- Able to problem-solve and make logical recommendations under pressure
- Professional and confident demeanor, including comfort interacting with senior personnel in the industry
What the job involves
- ICapital is looking for a Senior Vice President to join the Portfolio Management team who will be responsible for building and 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 and Direct Private Investment program
- Perform deep credit research and 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, and specific co-investments with investors, as needed
- Monitor the portfolio by reviewing quarterly updates, conducting calls with the third-party lenders, and tracking any impairments closely
- Mentor and oversee junior investment professionals
- Collaborate with various internal teams such as Distribution, Finance, Legal and Compliance
Otta's take
Xav Kearney
CTO of Otta
Alternative investing can yield huge profits, but it can often be inaccessible, even to enterprises. iCapital solves this problem by guiding large-scale businesses through the alternative investing process.
Since launching in 2013, iCapital has provided enterprises with an investing marketplace. Its focus has been on banking, wealth management, and asset management companies, and iCapital now serves clients such as JP Morgan, Evercore, and Rockefeller. As of February 2023, the company services over $153 billion in global client assets, clear evidence of industry confidence in the company.
iCapital's impact on the financial world is undeniable, forging strong and profitable partnerships with leading institutions like Morgan Stanley. With a proven track record and a rapidly growing platform, iCapital is poised for significant further expansion in the years to come.
Insights
Some candidates hear
back within 2 weeks
42% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Dec 2021
$50m
LATE VC
Jul 2021
$440m
GROWTH EQUITY VC
Total funding: $680.6m
Company HQ
Murray Hill, New York, NY
Founders
Lawrence Calcano
(CEO)Previously worked as Director of Capitol Acquisition Corp., and served as Director of Vibrant Emotional Health for 10 years.
Salary benchmarks
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Diversity & Inclusion at iCapital
- We consider applicants of all backgrounds. If you are excited about what we’re building but don't meet some of the criteria above, please don’t let that discourage you from applying
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