Alternative Credit, Credit Secondaries – Analyst / Associate

Blue Owl Capital•New York, NY

8d•$105,000 - $140,000•Onsite

About The Position

Blue Owl’s Credit Secondaries team within the Alternative Credit division is looking to hire Investment Professionals at the analyst or associate level. The Credit Secondaries team primarily invests in opportunities focused on GP-Led and LP-led credit secondaries, as well as NAV lending and other credit-oriented investments in the fund solutions space. This strategy offers differentiated exposure through our extensive sourcing network, asset-based expertise, and ability to underwrite complexity. This opportunity may also include additional opportunities to work across our opportunistic credit business on other corporate or asset-based transactions but will be primary focused on credit secondaries.

Requirements

1-3+ years with lending / credit underwriting experience or focus on credit related transactions within secondaries
1-3+ years of experience in a buyside investment role or an investment banking team with focus on credit secondaries
Strong quantitative skills, including proficiency in financial modeling and data analysis
Excellent written and verbal communication skills
Strong attention to detail and ability to multi-task in a fast-paced work environment
Experience with and interest in working on a high functioning team
Relationship oriented
Leverage AI as a tool to drive efficiency

Responsibilities

Work on multiple transactions simultaneously across all stages of the investment process, including structuring, investment committee, and ongoing relationship and asset management
Develop financial models
Conduct due diligence
Participate in legal documentation process, including the preparation of term sheets and the negotiation of key terms
Manage overall transaction process in partnership with senior investment professionals