Principal, Fund Liquidity Management Lead

Apollo•New York, NY

About The Position

We are seeking a Principal to lead Apollo's Fund Liquidity Management function within Global Corporate Credit (GCC), based in New York. Fund Financing sits on the PM2 / Portfolio Management line and serves as the centralized front-office resource for fund-level financing oversight, liquidity management, and facility strategy across GCC. In this role, you will work directly with senior PMs, portfolio analytics teams, Operations, Treasury, and business leadership to ensure that Apollo's credit funds are optimally financed, that liquidity is actively managed rather than passively observed, and that financing strategy is fully integrated into portfolio construction and capital deployment decisions. This role will own the end-to-end management of the firm's existing ABL financing facilities across multiple funds and SMAs spanning Direct Lending, Hybrid Credit, and Multi-Credit strategies. We are looking for someone who combines deep technical knowledge of fund financing and credit facility structures with the commercial judgment and stakeholder presence to advise senior portfolio managers on leverage strategy, cost of funds optimization, and capacity positioning across a large-scale credit platform. The candidate requires strong analytical skills, a forward-looking mindset, and the ability to build a team and a function — this is a new, centralized capability at the firm that will bring together work that is currently fragmented across multiple groups.

Requirements

7–12 years of experience in fund financing, credit facility management, treasury, portfolio finance, or a comparable role at a large-scale credit asset manager, bank lending group, or fund finance practice, with a track record of managing ABL facilities, leverage programs, and liquidity across multiple funds or vehicles.
Deep knowledge of credit facility structures including asset-backed lending facilities, subscription lines, NAV facilities, and prime broker financing, with practical experience managing borrowing bases, covenant compliance, advance rates, and facility utilization.
Strong commercial judgment and experience advising portfolio managers or investment teams on leverage strategy, financing mix, cost of funds optimization, and capital deployment planning across a multi-strategy credit platform.
Proven ability to operate in a high-touch environment with senior PMs and business leadership, with strong communication skills, clear ownership, sound prioritization instincts, and the ability to balance immediate business needs with building a longer-term platform and team.
Experience building and leading small teams, with the ability to hire, develop, and delegate effectively — this role will build a new function from the ground up and requires someone who can both do the work and scale it through others.
Degree in Finance, Economics, Accounting, Business, or a related field.

Nice To Haves

CFA, CPA, or advanced degree is a plus but not required with strong relevant experience.

Responsibilities

Lead end-to-end management of existing ABL financing facilities across GCC, with a strong focus on Direct Lending, optimizing facility usage, financing strategy, and fund-level liquidity across funds and SMAs.
Drive platform-wide leverage and portfolio-level liquidity strategy, providing PMs with proactive analysis and recommendations on optimal financing mix, cost of funds, and capacity positioning across the credit platform.
Oversee liquidity risk management across the fund complex, anticipating cash needs, unfunded commitment exposure, and redemption pressures and developing frameworks to ensure adequate liquidity under a range of market conditions.
Work closely with the Portfolio Finance Solutions and other stakeholders to optimize the cost, structure, and utilization of financing across vehicles and strategies, spanning a range of facility types.
Partner with senior investment leadership to integrate financing strategy into top-down portfolio construction decisions, including capital deployment planning, leverage strategy, and financing readiness for new vehicle launches.
Build and maintain the consolidated liquidity forecasting framework across all credit strategies, standardizing definitions and metrics so that all stakeholders are working off a common view of available cash, deployable capital, and facility capacity.
Lead financing reporting and analytics for internal and external stakeholders, including LP-facing materials, senior management dashboards, and regulatory or lender reporting, ensuring accuracy and consistency across the platform.
Build and develop the [Fund Financing] team, hiring and mentoring junior team members on financing operations, liquidity modeling, and cross-platform processes while serving as the subject matter expert and escalation point for complex financing matters across the credit strategies.
Coordinate closely with the Securities Financing desk on prime broker-related financing matters, including excess margin optimization, new PB setups, and integrated financing cost analysis across ABL and PB channels.
Implement technology-enabled workflows across the financing and liquidity function, identifying opportunities to automate facility monitoring, liquidity forecasting, and reporting through better tooling and data infrastructure.