Investment Professional – FIG
The Firm
Founded in 1988, Prospect Capital is an alternative asset management firm with $11.9B of assets under management, and pursues multiple strategies in the US, including direct lending, private equity, real estate private equity and structured credit. Prospect has permanent capital and utilizes a long-term, value-oriented approach that employs fundamental bottoms-up research to identify investments that offer attractive risk and reward.
With offices in New York City, Connecticut, and Florida, the firm is comprised of 100+ experienced professionals who value entrepreneurship, intellectual rigor, hard work and continuous improvement.
The Position
Prospect Capital is seeking a professional to join its Specialty Finance Group. This individual will focus on a broad mandate of debt and equity investment opportunities in the specialty finance sector including:
- Consumer Finance - consumer lending, secured / unsecured installment loans, and auto loans
- Commercial Finance - small business lending, merchant cash advance, factoring, and asset-based lending
- Leasing
- Asset Backed Securities
In this role, you will:
- Gain exposure to a wide variety of specialty finance asset classes/alternative investments and contribute to the ongoing management of these investments.
- Participate in and grow into leading all aspects of the investment process, including idea generation, origination, evaluation, underwriting, negotiating, closing, and exiting
- Conduct fundamental analysis of private credit, private equity, structured credit, real estate, and other investment opportunities across a wide range of industries and situations
- Monitor and manage portfolio investments
- Work in small deal teams directly with senior management, with an ability to have an outsized impact on the success of each investment and the firm overall
Desired Skills and Experience
- Demonstrated track record of excellence in academic, professional, and personal endeavors
- Relevant prior experience in private equity, investment banking, credit, management consulting, science, engineering, or other highly analytical and demanding roles
- Ownership mentality and strong organizational skills, as incoming investment professionals are responsible for managing and coordinating nearly all aspects of the investment process
- Strong verbal and written skills – investment professionals are expected to interact every day with financial sponsors, company management teams and senior management
The anticipated annual base salary range for this position is $100,000 - $300,000 plus annual discretionary performance-based bonus. Actual pay may be adjusted based on experience and performance.