The Opportunity:As a Principal you will help lead the Direct Credit Team to make high-quality private credit investments providing compelling returns for our investors while leveraging the benefits of our platform and market access. The Direct Credit Team at Hamilton Lane invests across a widely diverse set of private credit security types, geographies and industry sectors.
Responsibilities:- Work with the leaders of the Direct Credit Team to drive the strategy, growth and evolution of the platform
- Lead deal teams tasked with performing investment due diligence and credit risk analysis on Private Credit transactions
- Make investment recommendations to Hamilton Lane's Credit Investment Committee
- Work closely with the legal transaction team to review credit documents and negotiate terms
- Develop and maintain bank and general partner relationships for primary and secondary transaction sourcing
- Monitor existing investments by analyzing and reporting on portfolio companies' financial results, inclusive of valuation reviews
- Supervise and develop mid-level and junior investment professionals
- Participate in prospect and client-facing activities such as fundraising and investor meetings
Qualifications:Must-haves:- Candidates must have a minimum of 10 years of experience performing credit risk and investment analysis, preferably at a reputable leverage finance institution or a private credit manager
- A track record of successfully mentoring and leading a team including managing multi-level teams Seeking a leader with a proven track for guiding, developing, coaching, and motivating a team of people to achieve high performance and operational excellence in a fast-paced work environment
- Candidates must have a strong credit background; proficient in all phases of private credit analysis (Senior and Junior), including underwriting, monitoring, legal negotiation and restructuring
Nice-to-haves:- Strong academic credentials
- Ability to conduct industry research, articulate opinions and write clear and concise memoranda on investment opportunities
- A team-oriented approach and an ability to interact productively across multiple verticals within Hamilton Lane
- Strong written, oral communication, and interpersonal skills
- Strong interest and commitment to private markets investing
- Strong work ethic, judgment, and professional demeanor
- Strong written, oral communication, and interpersonal skills
- Willingness to work 50+ hours / week and travel 15+% of time
Travel Requirements:- Up to 15% domestic/international
We offer a competitive salary, annual discretionary bonus and a comprehensive benefits package which includes: Medical, Prescription, Dental, Paid Time Off, 401k plan, Life and Disability Insurances, Tuition Reimbursement, Employee Stock Purchase Program, Health Club Reimbursement and Flexible Spending Accounts.