Private Credit Fund Financing Structurer

Private Credit Fund Financing Structurer [Vice President/ Director]

BAIN CAPITAL OVERVIEW

With approximately $185 billion of assets under management, Bain Capital is one of the world’s leading private investment firms. We create lasting impact for our investors, teams, businesses, and the communities in which we live. Over four decades we have strategically grown our platform to focus on Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. Today, our team includes 1,880+ employees in 24 offices on four continents. 

BAIN CAPITAL CREDIT OVERVIEW

Bain Capital Credit is a leading global credit specialist with approximately $51 billion in assets under management as of September 30, 2024. We invest across the full spectrum of credit strategies, including leveraged loans, high-yield bonds, direct lending, structured products, non-performing loans, and equities. Through our numerous funds, we have the ability to invest in every level of a company’s capital structure from secured debt to equity, and we can also provide capital to growing companies with unique financing needs.

Our investment process is characterized by detailed business and financial analysis and a culture of vigorous debate.  We combine a consulting-based approach to industry, competitor, and business analysis with an in-depth examination of a target company’s financial performance and capital structure.  Our goal is to select the best industries, the best companies, and the best relative value among the many securities each company offers.

Bain Capital Credit has a world-class team of over 100 investment professionals with extensive experience analyzing and managing high-yield investments. 

Bain Capital Credit is currently seeking to hire a [Vice President/ Director] focused on Fund Financing. This role is the quarterback of our fund financing activities across our Private Credit Group. This role can be based in Boston or New York City.

MAJOR RESPONSIBILITIES

As a key member of the team, this person must combine intellectual and analytic depth with a collaborative style, versatility, and detail-orientation as well as strong external facing skills to banks and a broad range of debt capital markets investors.  This person must have a strong sense of the fund financing market and its participants and be a thought leader around driving strong execution in our deals.  They must manage a network of external contacts to manage the origination and maintenance of our financing facilities.  They will be responsible for managing the terms we accept in documents and coordinating with Portfolio Managers and the internal and external legal departments to understand the market landscape. 

The ideal candidate will have established a career in fund financing, have a strong understanding of its players and the various structures employed.  They will understand key legal terms, rating agency structures and processes.  They will be a self-starter who is highly organized and focused on driving the best outcomes for our liabilities.  They will be someone ready to join a highly collaborative and motivated team. 

RESPONSIBILITIES INCLUDE

• Lead the structuring and execution of fund financing across a spectrum of credit funds including private credit, broadly syndicated credit and special situations funds.

• Manage our fund finance plan globally and be a thought partner to Portfolio Managers on lender management, optimizing financing terms, and overall asset-liability alignment.

• Oversee financing facility documentation alongside existing legal teams and work with Treasury & Operations teams to monitor compliance with covenants and key terms over the deal life

• Work with the Treasury & Operations teams to ensure operational readiness, borrowing base management and overall facility optimization.

QUALIFICATIONS

• 4-8+ years of experience working in financing structuring either at bank or buy-side institution

• Strong understanding of various financing structures and spread products including asset backed financing SPVs, NAV facilities, Total Return Swaps, CLO warehouses, and bespoke private securitizations

• Good understanding of the global fund financing community including banks, rating agencies, insurance companies and other non-bank lenders

• Excellent verbal and written communication skills with attention to detail

• Ability to decipher complex legal documents and credit agreements

• Strong interpersonal skills with ability to engage with many individuals throughout the organization

• Ability to multi-talk and work in a high-paced, team-oriented environment

• A successful candidate must demonstrate a willingness to learn, attention to detail and the capacity to use critical thinking to solve problems

• Candidates should be inquisitive, persuasive, self-confident and decisive despite market conditions, ambiguity, or uncertainty

• Demonstrated record of achievement, a capacity for differentiated thinking and a passion for investing

• Integrity, initiative, thoroughness, resourcefulness, and ability to deliver results are key attributes

• The role may require some travel

• Bachelor’s degree is required. 

• Expected Annual Base Salary $200,000 – 300,000

• Actual base salary will be determined by several components including but not limited to role, function, level, experience, qualifications, and geographic location.

• Additional compensation: In addition to a competitive base salary, this position may be eligible for a discretionary annual bonus based upon factors such as individual impact, team, and firm performance.

• Bain Capital offers a competitive benefits package.