Principal, Private Credit & ABF Opportunistic

InforCapital, partnership; New York (NY); Hybrid; USD 250.000 - 350.000; Vollzeit

Zusammenfassung

1823 Partners, a Miami-headquartered investment firm with a New York office, is seeking a Principal to lead external manager selection for Opportunistic Credit. The role focuses on sourcing, evaluating, and underwriting third-party managers across distressed and asset-backed strategies.

The Candidate will oversee due diligence, negotiation of terms, and coordination with OCIO, Legal, and Risk teams to support underwriting decisions within an insurance-first framework.

Qualifikationen

• Experience in manager selection and due diligence for private credit strategies.
• Experience with opportunistic or asset-backed finance investments.
• Proven ability to contribute to portfolio construction for institutional allocators.

Aufgaben

• Own the pipeline of third-party managers, funds, and SMAs across opportunistic, distressed, special situations, and asset-backed finance strategies.
• Source, evaluate, and recommend external managers for allocations, secondaries, and GP stakes.
• Lead investment and operational due diligence, including track record decomposition and risk analysis.
• Negotiate mandate terms—fees, liquidity, reporting, co-invest rights, capacity, and side letters.
• Collaborate with OCIO/Investment Committee, Legal/Compliance, and Risk teams to approve deal flow.

Kenntnisse

Manager selection

Due diligence

Portfolio construction

Negotiation

Tools

Risk systems

Jobbeschreibung

1823 Partners, a Miami-headquartered investment firm with a New York office, is seeking a Principal to lead external manager selection for Opportunistic Credit. The role focuses on sourcing, evaluating, and underwriting third-party managers across distressed and asset-backed strategies.

The Candidate will oversee due diligence, negotiation of terms, and coordination with OCIO, Legal, and Risk teams to support underwriting decisions within an insurance-first framework.