Private Credit Correspondent

Financial Times•New York, NY

1d•$95,000 - $135,000•Hybrid

About The Position

The Financial Times is seeking an outstanding reporter to lead its US private credit coverage from New York. This is a sourcing-first role for a journalist with exceptional reporting instincts and a proven ability to build trusted relationships across the financial industry. The correspondent will cultivate deep networks among private credit firms, banks, insurers, law firms, advisers, and borrowers, transforming these relationships into exclusive and market-moving stories. The role involves covering firms that are reshaping corporate America's financing, including major players like Apollo, Ares, Blackstone, Blue Owl, KKR, Sixth Street, and Oaktree. Key reporting areas include their strategies, investment performance, competitive dynamics, and influence in global finance. A significant focus will be the intersection of private credit and the insurance industry, examining the implications of annuity and life insurance balance sheets providing capital to private credit funds for regulation, financial stability, and retirement savings. The beat will also cover the financing of leveraged buyouts, the AI boom's funding demands, refinancing for stressed borrowers, and restructurings, defaults, and creditor disputes. Success requires identifying risks before they become apparent to the broader market. The correspondent will collaborate with colleagues covering corporate finance, dealmaking, private capital, financial institutions, and markets globally, contributing to the Due Diligence newsletter and shaping the FT's coverage of this rapidly growing sector.

Requirements

Proven ability to break exclusive stories.
Proven ability to cultivate deep, trusted source networks.
Strong news judgment with an eye for scoops and agenda-setting journalism.
Ability to translate complex financial market concepts into clear, engaging stories for a broad audience.
Equally comfortable writing fast-paced breaking news, front-page exclusives, and in-depth Big Reads.
Excellent reporting, interviewing, and writing skills.
A collaborative mindset.
Ability to work effectively across teams and international bureaux.

Nice To Haves

Experience covering private credit, leveraged finance, private equity, banking, or capital markets.
Knowledge of the insurance industry and its growing role in private capital.
Experience contributing to newsletters or other audience-focused digital products.

Responsibilities

Lead coverage of the US private credit industry from New York.
Cultivate deep networks among private credit firms, banks, insurers, law firms, advisers, and borrowers.
Generate exclusive stories and market-moving news based on cultivated relationships.
Examine the strategies, investment performance, competitive dynamics, and influence of key private credit firms.
Report on the intersection of private credit and the insurance industry, including implications for regulation, financial stability, and retirement savings.
Cover the financing of leveraged buyouts, AI boom funding, refinancing activity, restructurings, defaults, and creditor disputes.
Identify and report on emerging risks in the private credit market.
Collaborate with global newsroom colleagues on corporate finance, dealmaking, private capital, financial institutions, and markets.
Contribute regularly to the Due Diligence newsletter.
Shape the FT's broader coverage of the private credit sector.