Director - Private Debt Investments - ABL, Specialty Credit, Opportunistic

StepStone Group; New York (NY); On-site; USD 140,000 - 180,000; Full time

Job summary

An established industry player is seeking a Director for Private Debt Investments, focusing on ABL, Specialty Credit, and Opportunistic strategies. This pivotal role involves leading research and advisory efforts, collaborating with various teams, and managing client relationships. The ideal candidate will have extensive experience in investment analysis, strong communication skills, and proficiency in financial tools. Join a forward-thinking firm that values inclusivity and empowers its employees through mentorship and resources, making a significant impact in the private markets sector.

Qualifications

• 6+ years of experience in investment analysis and advisory roles.
• Fluent in English with strong communication skills.

Responsibilities

• Lead research and advisory functions in private debt investments.
• Evaluate fund managers and assist in investment decisions.

Skills

Investment Analysis

Financial Analysis

Client Relationship Management

Data Analysis

Communication Skills

Team Collaboration

Tools

Microsoft Word

Microsoft PowerPoint

Microsoft Excel

Job description

Director - Private Debt Investments - ABL, Specialty Credit, Opportunistic

Join to apply for the Director - Private Debt Investments - ABL, Specialty Credit, Opportunistic role at StepStone Group.

We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data-driven insights to the world’s investors. Leveraging our platform and intelligence across sectors, strategies, and geographies, we help identify advantages and solutions for our clients' success.

Position Overview

The Director will lead in the US for (a) Research and (b) Advisory in coverage areas including ABL (e.g., Aviation, Shipping, Trade Finance), Specialty Credit (e.g., Consumer, RegCap, Royalties, Venture/Software), and Opportunistic investments. The role involves collaboration across all levels of the firm, from Partners to Analysts, fostering a team-oriented environment.

Essential Job Functions

Research (covering primary funds, secondaries, co-investments):

• Evaluate marketing and supporting materials of prospective fund managers to identify key value drivers.
• Interpret financial analyses, including investment track records and financial statements.
• Assist in constructing and defending investment decisions in written and oral formats, including Investment Committee meetings.
• Draft Fund Summaries and Investment Memorandums per StepStone standards.
• Use creative data analysis to test hypotheses about sector and investment attractiveness.
• Form independent opinions on investment opportunities and articulate findings clearly.
• Monitor and analyze the performance of existing fund managers and investments, conducting ongoing due diligence.

Advisory:

• Manage client relationships, present research views, and discuss investment strategies convincingly.
• Develop portfolio allocation and cash flow models aligned with client risk/return profiles.
• Assist in creating investment guidelines and pipelines for client mandates.
• Monitor and communicate portfolio performance to clients.
• Support RFP responses, client materials, and portfolio management queries.

Qualifications and Skills

• Minimum 6 years of relevant experience, with at least 3 years in the specified coverage spaces.
• Fluent in English, with strong written and interpersonal communication skills.
• Proficiency in Word, PowerPoint, and Excel.
• Flexible, team-oriented, and capable of multi-functional performance.
• Experience in valuation and investment analysis.

Base Salary Range: $140,000-$180,000.

We value our employees as our greatest asset and are committed to an inclusive, empowering environment with resources like mentorship and ERGs. StepStone is an Equal Opportunity Employer.