Audax Group is a leading alternative investment manager with offices in Boston, New York, San Francisco, and London. Since its founding in 1999, the firm has raised over $38 billion in capital across its Private Equity and Private Debt businesses. With more than 400 employees and over 160 investment professionals, the firm is a leading capital partner for North American middle market companies. For more information, visit the Audax Group website www.audaxgroup.com.
TEAM SUMMARY:
Audax Private Debt has partnered with leading private equity firms to help finance their purchase of middle market companies. We provide senior loans, unitranche loans and junior capital in addition to equity co-investments. We source opportunities directly from financial sponsors throughout North America, investing in leveraged buyouts, acquisition financings and debt recapitalizations.
We are based in New York City and have 60+ investment professionals. Our leadership team has been in place since inception and our managing directors average 25 years of investment experience. For more information, visit the Audax Private Debt website: www.audaxprivatedebt.com
POSITION SUMMARY:
This position is responsible for supporting the firm’s capital markets and syndication efforts across
unitranche, junior debt, and equity co-investments. This team member will work in tandem with the head of capital markets and across deal teams on all aspects of capital markets, including the existing portfolio and new deal activity. This is a unique opportunity to work alongside a highly collaborative team and provide strategic perspective that will directly impact Audax Private Debt’s transactions and investment strategy.
RESPONSIBILITIES:
As it relates to capital markets activities:
- Support syndication and sell-down process by coordinating with deal teams on diligence and other
- internal groups (i.e. legal, operations, finance, etc.)
- Monitor and track co-investor and syndication partner relationships
- Track comparable debt and equity transactions through market intelligence
- Drive analysis of companies, transaction structures, and deal activity
- Participate in investment committee meetings by working with the head of capital markets to
- deliver critical business insights and advise on syndication activity
- Execute capital markets projects and other portfolio related initiatives
REQUIREMENTS/QUALIFICATIONS:
- Bachelor’s degree
- Minimum of 5 years of private credit/private debt/direct lending/private equity experience
- Prior experience within capital markets functions and/or in an underwriting role is preferred
- Previous deal execution experience including senior, Unitranche, and junior capital financings,
- legal documentation, structuring and pricing
- Proficiency in Excel modeling and analytical skills with the ability to interpret data, communicate
- clearly and make informed decisions and recommendations
- Strong interpersonal and communication skills (both written and verbal); ability to build
- relationships, work collaboratively, and convey complex information effectively
- Exceptional organizational skills and attention to detail
- Strong work ethic with proven ability to work well under pressure, be resourceful, and manage
- competing priorities effectively
LOCATION: New York, New York. 4 days/week in office. These in office requirements may change
based on the needs of the business.
For New York City only: The base salary range for this position is $150,000 - $175,000. The base salary range represents the estimated low and high end for this position at the time of this posting. Consistent with applicable law, compensation may vary and will be determined based on but not limited to, the skills, qualifications, and experience of the applicant along with the requirements of the position, and Audax reserves the right to modify this pay range at any time. An employee may also be eligible for annual discretionary incentive compensation based on performance.
Audax offers a wide range of employee benefits, including health insurance, life insurance, disability insurance, paid time off (including sick leave, parental leave, volunteer leave, and vacation), charitable donation match, family support services (including Bright Horizons and Benefit Advocate Center), and a 401(k) in addition to other benefits.
This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change or new ones may be assigned at any time with or without notice.
Audax Management Co. is an equal opportunity employer.
Please note that Audax Group and its affiliated entities do not accept unsolicited resumes from a third-party recruiting agency not currently under a signed agreement. Any unsolicited resume that is sent to directly to Audax Group or one of its affiliated entities, or its employees, including those submitted to hiring managers by a third-party recruiting agency not currently under a signed agreement, will be considered property of Audax Group. If a third-party recruiting agency submits a resume without an agreement, Audax Group or its affiliated entities explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the third-party recruiting agency. Any third-party recruiting agency should contact either a member of the Talent Acquisition or Human Resource team at Audax Group, in conjunction with a valid, fully executed contract for service based upon a specific job opening.
