Associate, Private Debt

Audax Group • New York, NY

4d • $120,000 - $150,000

About The Position

Founded in 1999, Audax Group is a leading alternative investment manager with offices in Boston, New York, San Francisco, London and Hong Kong. With approximately $42 billion of assets under management and more than 475 employees, Audax is a leading capital partner for middle market companies, operating through three business lines: Audax Private Equity, Audax Private Debt, and Audax Strategic Capital. For more information, visit the Audax Group website www.audaxgroup.com. or follow us on LinkedIn . Since its founding in 2000, 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 co-investments in equity securities. We source opportunities directly from financial sponsors throughout North America, investing in leveraged buyouts, acquisition financings and debt recapitalizations. We differentiate ourselves by taking a long-term view as it relates to new financings and portfolio decisions. Audax Private Debt has an established track record of helping private equity firms acquire and grow businesses. We are based in New York City and have 50+ investment professionals. Our leadership team has been in place since inception and our managing directors average 25 years of investment experience. P OSITION SUMMARY: Associates work as integral team members of a highly skilled and experienced professional team. Responsibilities include evaluating and screening new investment opportunities, conducting industry and business due diligence, creating, or reviewing financial models and assessing alternative deal structures. In addition, the role encompasses start to finish work on all aspects of a transaction, including the monitoring of portfolio companies. Associates will interact with executive management teams for new investment opportunities as well as Audax Private Debt portfolio companies. In addition, an Associate will participate in all elements of deal review and the investment committee process and will have a high level of interaction with the senior leadership. We believe Audax provides a unique opportunity for Associates across several dimensions: Opportunity to join an entrepreneurial and growing team with exceptionally talented and experienced Origination focused professionals Opportunity to develop a broad range of business skills including: competitive strategy, industry and customer analysis, risk assessment, financial analysis, LBO modeling, debt financing, and portfolio company management Supportive, collegial, and energetic team culture

Requirements

• 1-4 years of experience in investment banking or direct lending
• Strong work ethic and demonstrated desire to learn
• Excellent communications skills, both written and verbal
• Exceptional attention to detail
• Ability to thrive in a team environment
• Highly motivated; demonstrated leadership potential
• Top tier academic performance

Responsibilities

• evaluating and screening new investment opportunities
• conducting industry and business due diligence
• creating, or reviewing financial models and assessing alternative deal structures
• start to finish work on all aspects of a transaction, including the monitoring of portfolio companies
• interact with executive management teams for new investment opportunities as well as Audax Private Debt portfolio companies
• participate in all elements of deal review and the investment committee process

Benefits

• 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)
• a 401(k) in addition to other benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 251-500 employees