Role Overview for Managing Director, Private Credit with a Global Investment Firm – Los Angeles, CA
JRG Partners is proud to represent a premier global investment firm in its search for a highly accomplished and strategic Managing Director to join its Private Credit platform in Los Angeles, CA. This is a rare and exceptional opportunity for a seasoned investment professional to take on a significant leadership role within a well-established, multi-billion dollar fund renowned for its innovative investment strategies and collaborative culture. Our client has a distinguished track record of delivering superior risk-adjusted returns to its investors through disciplined, value-oriented credit investments across the capital structure.
The Managing Director will be a pivotal member of the senior investment team, responsible for driving the origination, execution, and management of private credit investments, primarily focusing on directly originated, senior secured loans to middle-market companies backed by leading private equity sponsors. The ideal candidate will possess a deep network of relationships, a proven history of leading successful deal teams, and a comprehensive understanding of the intricacies of credit analysis, structuring, and portfolio management.
You will be instrumental in shaping the strategic direction of the fund’s West Coast presence, mentoring a team of talented professionals, and upholding the firm’s commitment to excellence and integrity. This role demands a leader who is not only technically proficient but also a strategic thinker capable of navigating complex market conditions and identifying unique investment opportunities. A deep understanding of the evolving dynamics of the private credit market is crucial for success. This position offers a direct path for significant professional growth, substantial economic incentives including carried interest, and the chance to make a lasting impact on a globally respected investment platform.
Key Responsibilities of Managing Director, Private Credit with a Global Investment Firm – Los Angeles, CA
The Managing Director’s responsibilities will be broad and impactful, encompassing the full lifecycle of the investment process. You will be expected to operate with a high degree of autonomy while fostering a collaborative team environment. Key duties include:
Deal Origination and Sourcing
Proactively source and originate new investment opportunities by leveraging and expanding a robust network of relationships with private equity sponsors, investment bankers, corporate executives, and other intermediaries. You will be the face of the firm in the market, responsible for generating a consistent pipeline of high-quality, proprietary deal flow that aligns with the fund’s investment thesis.
Investment Execution and Due Diligence
Lead all aspects of the transaction execution process. This includes initial screening of opportunities, conducting comprehensive due diligence (commercial, financial, legal, and operational), building complex financial models to assess credit risk and returns, and structuring credit facilities. You will be responsible for drafting and presenting detailed investment memorandums to the Investment Committee, articulating a clear and compelling investment thesis.
Negotiation and Structuring
Spearhead the negotiation of term sheets, credit agreements, and other legal documentation. Demonstrate superior structuring acumen to create tailored financing solutions that meet the needs of borrowers while maximizing protection and returns for the fund’s investors.
Portfolio Management and Monitoring
Actively oversee a portfolio of existing investments. This involves ongoing monitoring of financial performance, covenant compliance, and industry trends for each portfolio company. You will engage directly with management teams and sponsors, providing strategic guidance and addressing any challenges that may arise. This includes leading amendments, restructurings, and workouts when necessary.
Team Leadership and Mentorship
Manage, develop, and mentor a team of investment professionals, including Principals, Vice Presidents, and Associates. Foster a culture of high performance, intellectual curiosity, and professional growth. Provide guidance on career development, conduct performance reviews, and ensure the team has the resources and training needed to succeed.
Strategic Contribution
Play an active role in the firm’s Investment Committee, contributing to investment debates and decisions across the platform. Assist in shaping the overall strategy of the private credit group, identifying new market opportunities, and enhancing the firm’s investment processes and best practices.
Firm Representation
Represent the firm at industry conferences, networking events, and in meetings with key stakeholders. Uphold and promote the firm’s brand, reputation, and investment philosophy within the financial community.
Requirements for the Managing Director, Private Credit with a Global Investment Firm – Los Angeles, CA
Candidates must have a distinguished track record of success in the private credit or leveraged finance markets. The firm is seeking an individual with the experience, network, and leadership qualities to make an immediate impact.
Professional Experience
A minimum of 15 years of progressive experience in private credit, direct lending, leveraged finance, mezzanine investing, or a closely related field. A demonstrable and verifiable track record of sourcing, leading, and closing transactions as a principal investor is essential.
Educational Background
An undergraduate degree in Finance, Economics, Accounting, or a related discipline from a top-tier university is required. A Master of Business Administration (MBA) or Chartered Financial Analyst (CFA) designation is strongly preferred.
Network and Relationships
A deep, tenured, and proprietary network of relationships with private equity sponsors, investment banks, and other deal sources, particularly on the West Coast, is a critical requirement for this role.
Technical Skills
Expert-level proficiency in financial analysis, credit underwriting, and valuation. Mastery of complex financial modeling and the ability to dissect and analyze detailed financial statements. A thorough understanding of credit agreements, legal documentation, and various debt structures.
Leadership and Management
Proven experience in managing and developing high-performing investment teams. The ability to inspire, motivate, and mentor junior colleagues is paramount.
Communication Skills
Exceptional written and verbal communication skills. The ability to articulate complex investment theses clearly and concisely to internal and external stakeholders, including Investment Committees and Limited Partners.
Personal Attributes
A high level of integrity, a strong work ethic, and a collaborative, team-oriented mindset. Must possess sound business judgment, intellectual curiosity, and a passion for investing. The ability to thrive in a dynamic, fast-paced, and entrepreneurial environment is crucial.
Benefits & Perks Offered
Our client is committed to attracting and retaining top talent by offering a highly competitive and comprehensive compensation and benefits package. This includes:
Competitive Compensation
An attractive base salary and a significant annual performance-based bonus designed to reward individual and firm success.
Long-Term Incentives
A substantial carried interest allocation, providing a meaningful opportunity for long-term wealth creation and alignment of interests with the firm and its investors.
Comprehensive Health and Wellness
Premier medical, dental, and vision insurance plans for you and your eligible dependents. The package also includes robust life and disability insurance coverage.
Retirement Savings
A 401(k) retirement plan with a generous company matching contribution to help you plan for your future.
Generous Paid Time Off
A competitive paid time off (PTO) policy, including vacation, sick days, and firm holidays, to support a healthy work-life balance.
Parental Leave
A supportive and generous parental leave policy for all new parents.
Professional Development
A commitment to your ongoing growth, with support for continuing education, industry certifications, and attendance at relevant conferences.
Work Environment
A dynamic, intellectually stimulating, and collaborative work culture within a state-of-the-art office in a prime Los Angeles location.
How to Apply
This is a retained search being conducted exclusively by JRG Partners. To be considered for this exceptional opportunity, please submit your resume and a cover letter outlining your qualifications and interest in the role. All applications will be treated with the strictest confidence. We encourage you to reach out to our team to learn more about this position and other opportunities.
JRG Partners is a leader in financial services recruitment. To learn more about our expertise and how we connect top-tier talent with leading firms, please visit the page for JRG Partners’ Private Equity and Credit recruitment specialists. We look forward to reviewing your application and discussing how this role aligns with your career aspirations.
