Associate, WhiteHorse Capital (Private Credit)

H.I.G. Capital • Chicago, IL

10d

About The Position

H.I.G. Capital, one of the largest and most active private investment firms focused on the middle market, is seeking outstanding individuals to join its credit affiliate, H.I.G. WhiteHorse. H.I.G. WhiteHorse is a direct lending platform providing financing solutions to middle market companies in the U.S. and Canada. H.I.G. WhiteHorse has a broad investment mandate and provides senior and subordinated debt for refinancings, growth capital, acquisitions, buyouts, and balance sheet recapitalizations. Credit facilities typically range from $25 to $150 million for companies with revenues of $50 million or more. Opportunities are available in Chicago, New York, San Francisco, and Miami.
Associates take a central role in the evaluation, structuring, executing, and monitoring of our private investments. Our professionals work with a small deal team in a fast-paced and entrepreneurial environment and have constant interaction with the most senior members of the firm, as well as the senior management of our portfolio companies. Associates will be involved in conducting due diligence, identifying key merits and risks, and presenting new investment opportunities to our investment committee. After closing of a transaction, Associates will be a key point of contact with portfolio company executives to actively monitor the performance of our investment.
The Associate role is not a traditional buy-side “two-years-and-out” title. Instead the role serves as the primary entry point for an upward career path at H.I.G. WhiteHorse.

Requirements

• Minimum 2 years of investment banking, management consulting, transaction services, or valuation experience, preferably with leveraged finance/credit experience by anticipated start date
• Strong work-ethic and analytical, financial modeling, and problem-solving skills
• Passion for fundamental credit investing
• Outstanding interpersonal, leadership, and communication skills
• Ability to self-direct, analyze, evaluate, and form independent judgments
• Strong academic achievement at a top tier undergraduate program

Responsibilities

• Engaging in all aspects of due diligence and business analysis to develop and refine investment theses
• Modeling, valuation, and structuring of potential investment opportunities
• Identifying key credit merits and risks
• Preparing detailed investment committee memoranda
• Supporting credit documentation and closing processes
• Managing/monitoring existing investments and subsequent activity on portfolio companies

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level