Distressed Debt Portfolio Manager

LHH; Greater London; On-site; GBP 120,000 - 190,000; Full time

Benefits offered by this job

Competitive base salary

Performance bonus

Comprehensive benefits (pension,health

Career progression opportunities

Job summary

LHH is recruiting an experienced investment professional to join a leading alternative investment manager in London. The Portfolio Manager will identify, evaluate and manage distressed and special situations investments across various sectors and capital structures.

You will generate investment ideas, lead due diligence, and drive portfolio strategy while collaborating with a seasoned investment team and engaging with senior stakeholders to deliver compelling investment outcomes.

Qualifications

• Significant experience in distressed debt, special situations, restructuring, leveraged finance or workout scenarios.
• Strong understanding of credit analysis, capital structures, insolvency processes and restructuring frameworks.
• Demonstrable portfolio management experience within fixed income, private credit or alternative investment strategies.
• Advanced financial modelling and valuation capabilities.
• Excellent analytical and problem-solving skills with strong attention to detail.
• Proven ability to assess complex investment situations and make sound recommendations.
• Strong communication and presentation skills with confidence engaging senior stakeholders.

Responsibilities

• Source, evaluate and execute distressed debt, stressed credit and special situations opportunities.
• Conduct detailed fundamental credit analysis, financial modelling and valuation assessments.
• Monitor and manage existing portfolio positions, identifying risks and opportunities to enhance returns.
• Lead restructuring and workout processes, engaging with management teams, advisors, lenders and stakeholders.
• Assess capital structures, covenant packages and recovery scenarios across complex situations.
• Prepare investment recommendations and present findings to investment committees and senior stakeholders.
• Monitor market developments, economic trends and regulatory changes affecting distressed debt markets.
• Build and maintain relationships with banks, advisors, insolvency practitioners, sponsors and market participants.
• Collaborate with legal, risk and operations teams to support successful investment outcomes.

Skills

Distressed debt experience

Credit analysis

Portfolio management

Financial modelling

Stakeholder communication

Job description

London | Competitive Base Salary + Bonus + Benefits

Are you an experienced investment professional with exposure to distressed debt, special situations and complex credit?

Our client, a leading alternative investment manager, is seeking an ambitious and highly analytical Portfolio Manager to join their growing investment team. This is a unique opportunity to play a key role in identifying, evaluating and managing distressed and special situations investments across a diverse range of sectors and capital structures.

Working alongside an experienced investment team, you will be responsible for generating investment ideas, leading due diligence processes, managing portfolio positions and contributing to overall portfolio strategy.

Key Responsibilities

• Source, evaluate and execute distressed debt, stressed credit and special situations investment opportunities.
• Conduct detailed fundamental credit analysis, financial modelling and valuation assessments.
• Monitor and manage existing portfolio positions, identifying risks and opportunities to enhance returns.
• Lead restructuring and workout processes, engaging with management teams, advisors, lenders and other stakeholders.
• Assess capital structures, covenant packages and recovery scenarios across complex situations.
• Prepare investment recommendations and present findings to investment committees and senior stakeholders.
• Monitor market developments, economic trends and regulatory changes impacting distressed debt markets.
• Build and maintain relationships with banks, advisors, insolvency practitioners, sponsors and market participants.
• Work collaboratively with legal, risk and operations teams to support successful investment outcomes.

Requirements

• Significant experience within distressed debt, special situations, restructuring, leveraged finance, credit investing or workout situations.
• Strong understanding of credit analysis, capital structures, insolvency processes and restructuring frameworks.
• Demonstrable portfolio management experience within fixed income, private credit or alternative investment strategies.
• Advanced financial modelling and valuation capabilities.
• Excellent analytical and problem-solving skills, with strong attention to detail.
• Proven ability to assess complex investment situations and make sound investment recommendations.
• Strong communication and presentation skills with confidence engaging senior stakeholders.

What Our Client Offers

• Highly competitive salary and performance-related bonus.
• Opportunity to work on complex and high-profile distressed and special situations investments.
• Exposure to senior investment professionals and investment committee decision-making.
• Collaborative, entrepreneurial and intellectually stimulating environment.
• Comprehensive benefits package including pension, healthcare and wellbeing support.
• Ongoing professional development and career progression opportunities.

This is an exceptional opportunity for an experienced credit investor or restructuring professional looking to join a high-performing investment platform and make a meaningful impact on investment performance through the management of distressed and special situations portfolios.