About Northleaf Capital Partners
Northleaf is a global private markets investment firm focused on mid-market companies and assets. With US$30 billion in capital commitments raised to date, Northleaf has an established, long-term track record as an investor in private equity, private credit and infrastructure globally.
Northleaf’s 280+ person team, located in Toronto, Chicago, London, Los Angeles, Melbourne, Menlo Park, Montreal, New York, Seoul and Tokyo, is focused exclusively on sourcing, evaluating and managing private markets investments. Northleaf manages closed and open-end funds across a range of global private markets strategies and a series of separately managed accounts with customized investment strategies tailored to meet the specific needs of leading institutional investors and family offices. As part of its ambitious growth strategy, Northleaf is also developing specific private markets products and investment solutions for insurance and wealth management clients.
Position: Associate, Private Credit
Northleaf is currently recruiting for an experienced Associate to join the growing private credit team. This position will be based in Northleaf’s Chicago office and will report to the Managing Director.
The successful candidate will work with the senior investment team on evaluating, underwriting, and executing private credit investments in North America across multiple industries supporting private equity sponsored transactions.
Underwriting & Execution
- Assist in all aspects of the underwriting and execution process including initial deal screen, comprehensive business diligence, financial review, legal documentation, credit approval and transaction closing
- Present opportunities and participate in the deal discussion with Investment Committee
- Conduct meetings with lead sponsors and/or company management to review past performance, strategy, industry landscape, and other relevant topics
- Perform financial and business analysis to review industry, business strategy, competitive positioning, and financial strength.
- Develop 3 statement models and perform valuation analysis, including DCF, precedent transactions and comparable company analysis
- Develop balanced, fact-based investment recommendations based on the results of the team's due diligence and analysis
Portfolio Management
- Responsible for ongoing monitoring of an existing credit portfolio including financial performance review and communication of trends to senior leadership
- Maintain ongoing dialogue with the borrower, management team, and/or sponsor
- Identify and assist in new business opportunities within the portfolio such as add-on acquisitions, refinancing, and recapitalizations
- Oversee the preparation and audit review of quarterly and annual portfolio company valuations
Qualifications
- 2+ years of experience across private credit, investment banking, corporate finance, private equity, or transaction advisory services
- Strong analytical skills including research, financial modeling, risk identification
- Professionalism and integrity
- Strong interpersonal and business relationship skills
- Ability to communicate effectively, both orally and in writing
- Flexibility, adaptability and initiative
- Ability to meet deadlines and work well under pressure
- Team player who enjoys a high-performance culture
- Willingness to travel
What Sets Us Apart
At Northleaf Capital Partners, you’ll be joining a leading global private markets investment firm with a differentiated platform across mid-market private equity, private credit, and infrastructure. Our integrated approach and long-term perspective have made us a partner of choice to a global base of institutional investors – and that begins with our exceptional team of professionals.
At our core, our culture is built on the foundation of trust, openness, respect, integrity, and professionalism. These values guide every interaction with our investors, our partners, and one another. We are focused on building long-term relationships and creating a collaborative, professional environment where everyone feels supported and valued.
We foster a collegial and non-hierarchical workplace where ideas are valued, decision-making is grounded in data, and individuals are empowered to contribute meaningfully. Our success depends on an engaged and inclusive workforce, and we invest in fostering that culture. We celebrate the diverse backgrounds, perspectives, and experiences of our team members and are committed to ensuring a workplace built on inclusion and shared success.
We celebrate achievements, encourage teamwork, and work hard to cultivate a sense of community to achieve strong results. Our competitive total rewards package features an employer-funded benefits plan, an attractive retirement offering, which includes a group retirement plan and the ability to invest in Northleaf funds on a no fee/no carry basis, and a range of valuable perks such as fitness and wellness reimbursement, charitable donation matching, and tuition assistance. We also support flexible working arrangements, with up to two remote days per week and the option for fully remote for up to two weeks per year.
Location
Chicago, IL.
Contact
Interested candidates are asked to apply on Northleaf Careers. Only those selected to be interviewed will be contacted.
Northleaf Capital Partners is committed to providing an inclusive and accessible candidate experience. Should you require accommodations during the selection process, please do not hesitate to let us know and suitable arrangements will be made.
