Associate - European Private Credit
HPS Investment Partners
HPS Investment Partners is a leading global investment firm that seeks to provide creative capital solutions and generate attractive risk-adjusted returns for our clients. We manage various strategies across the capital structure, including privately negotiated senior debt; privately negotiated junior capital solutions in debt, preferred and equity formats; liquid credit including syndicated leveraged loans, collateralized loan obligations and high yield bonds; asset-based finance and real estate. The scale and breadth of our platform offers the flexibility to invest in companies large and small, through standard or customized solutions. At our core, we share a common thread of intellectual rigor and discipline that enables us to create value for our clients, who have entrusted us with approximately $145 billion of assets under management as of August 2024. HPS has approximately 200 investment professionals and over 700 total employees, and has fourteen offices globally.
HPS believes in the importance of giving back to its communities, and in promoting diversity and inclusivity at the firm. We are dedicated to fostering enduring community relationships, and we support our team’s community involvement through volunteer work, board service, and other contributions. In addition, environmental, social, and governance (ESG) considerations are central to HPS’s culture and investment processes.
Department Description
The EPC team is responsible for sourcing, evaluating and monitoring investment opportunities in Europe for the private credit strategies available at HPS from direct lending / unitranche deals through to subordinated debt transactions. The EPC team works closely together with the global investment teams including the direct lending and strategic investment teams in the US.
Position Description
HPS is recruiting an Associate to join the European Private Credit Team in London. The ideal candidate will have prior experience at a private credit platform or from leveraged finance / M&A / direct investments at a top tier investment bank, demonstrate excellent quantitative ability and modelling skills, as well as strong written and oral communication skills. We are looking for a self-motivated individual with a strong work ethic who is a proactive and analytical thinker.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Duties, responsibilities, and activities may change at any time with or without notice.
Responsibilities
Specific responsibilities will include but not be limited to the following:
- Developing financial models
- Conducting detailed business due diligence and evaluating deal opportunities to provide a recommendation to senior members of the team
- Preparing and presenting materials for discussion with the investment committee
- Interacting with management teams and key stakeholders
- Conducting detailed valuation analysis
- Monitoring investments and sector trends
Candidate Profile
- At least two years of experience in top tier investment banking, consulting and/or investment background
- Passionate about investing and eager to learn
- Excellent modeling and spreadsheet skills, as well as quantitative ability
- Excellent presentation and communication skills
- Ability to work on multiple projects simultaneously
- Team player
- Strong work ethic, proactive and self-motivated
Location
- London
HPS Investment Partners is an equal opportunity employer. HPS does not discriminate in employment opportunities or practices on the basis of race, national origin, color, religion, sex, age, disability, pregnancy, citizenship status, ancestry, military or veteran status, sexual orientation, gender, gender identity or expression, marital and civil partnership/union status, genetic predisposition or carrier status, or any other characteristic protected by federal, state or local law.