Vice President, Credit Fund

Transitions 1-2-3, Inc.; New York (NY); On-site; USD 300,000 - 550,000; Full time

Job summary

Transitions 1-2-3, Inc. in New York is seeking a Vice President to join its Investment Team. The VP will lead underwriting and diligence across private credit and private equity, coordinating with a junior team member and senior partners to move transactions from LOI to close.

The ideal candidate has a track record of end-to-end deal execution, strong analytical judgment, and the ability to mentor colleagues while collaborating with portfolio and management teams.

Qualifications

• 6–10 years of relevant experience in private credit and/or private equity investing.
• Proven end-to-end investment process experience with successful closings.
• Strong analytical and underwriting skills with sound investment judgment.
• Ability to lead transactions independently while collaborating with senior team members.
• Excellent relationship-building and communication skills.

Responsibilities

• Lead underwriting of new investment opportunities with financial modeling and risk assessment.
• Lead deal reads pre-LOI with feedback and insights for sponsor partners.
• Manage full diligence post-LOI: sponsor/management meetings, third-party calls, data rooms.
• Develop and present Investment Committee memos with key recommendations.
• Lead negotiations on deal structuring and legal documents with oversight.
• Monitor portfolio performance and create dashboards for reviews and LPAC meetings.
• Partner with management teams and attend board meetings as needed.
• Lead amendments, refinancings, and value-add initiatives.
• Contribute to non-deal firm initiatives (internship program, fundraising materials, social media strategy).

Skills

Underwriting

Financial modeling

Diligence management

Portfolio monitoring

Board interactions

Communication

Job description

My client is a leading private credit and equity investment firm focused on supporting private equity sponsors, independent sponsors, and management teams of lower middle-market companies.

Role Overview

They are seeking a Vice President to join their Investment Team in New York. The VP will be a key deal leader, responsible for driving underwriting, diligence, structuring, and execution efforts working with a junior team member. The ideal candidate will bring direct experience investing across private credit and/or private equity, a proven ability to manage transactions end-to-end through closing via a demonstrated track record, and strong mentorship skills to guide junior team members, while collaborating with senior team members.

Key Responsibilities

Investment Execution (70%)

• Lead underwriting of new investment opportunities, including detailed financialmodeling, risk assessment, and valuation
• Lead and manage deal reads pre-LOI, providing timely and thoughtful feedback, unique insights, and demonstration of expertise to our sponsor partners
• Manage the full diligence process post-LOI: sponsor and management meetings, third- party expert calls, data room reviews, creative desktop research, and reference calls with additional investors who have relevant investment experience
• Develop and present high-quality Investment Committee memos, own key recommendations and drive IC discussions around diligence takeaways
• Lead negotiations on deal structuring and legal documentation, with senior oversight
• Actively monitor financial and operating performance of portfolio companies, leading creation of dashboards and materials for quarterly portfolio review, valuation, and LPAC meetings
• Partner with management teams and board members; attend boardmeetings as needed
• Lead amendments, refinancings, and value-add initiatives
• Take ownershipin non-deal firm initiatives (e.g., internship program, fundraising materials, social media strategy)

Qualifications

• 6-10 years of relevant experience in private credit and/or private equity investing
• Strong track record of managing end-to-end investment processes, including deals successfully closed
• Deep analytical and underwriting skills with demonstrated investment judgment
• Proven ability to lead transactions independently while collaborating effectively with senior deal team members
• Excellent relationship-building and communication skills, both internally and externally
• Entrepreneurial mindset with a desire to contribute to firm growth and culture