Vice President / Director - Co-Investments, Private Debt

Position Overview

StepStone Group is currently seeking a candidate with excellent quantitative, qualitative and interpersonal skills for a VP/Director position within our Private Debt team in New York. The VP/Director will work in a collaborative team environment, reviewing private debt investment opportunities and conducting due diligence on Co-Investments.

The VP/Director will have the opportunity to develop and articulate investment findings and contribute to recommendations presented by the investment team to the Firm’s Investment Committee. StepStone prides itself on its collegial atmosphere, encouraging team-building initiatives and a collaborative approach to accomplishing projects.

The VP/Director will engage with colleagues at all levels of the Firm, from Partners to peers, and will have the opportunity to interact with many of the leading fund managers in the private credit industry. This role requires adherence to the highest ethical standards, along with demonstrated maturity, reliability and strong attention to detail.

Essential Job Functions

• Write Investment Memorandums in line with StepStone standards
• Monitor the performance of the Firm's existing investment portfolio and underlying portfolio companies
• Use creativity to source and analyze data and to test hypotheses regarding attractiveness of specific sectors and investment opportunities
• Drive the sourcing and manage the flow of co-investment opportunities; with support from Partners.
• Lead the due diligence on investment opportunities that pass the initial review stage
• Construct an argument around an opinion and efficiently communicate that argument both verbally and in written materials; be able to defend position in a team environment, including Investment Committee meetings
• Perform market research using publicly available information and proprietary databases to identify, quantify and analyze macroeconomic trends across a variety of industry sectors

Qualifications

• BA/BS in Business, Finance, Economics or Accounting, or equivalent relevant experience
• Demonstrated track record of academic and professional success
• Proven ability to represent firm in written and interpersonal communications
• Strong, demonstrable analytical capabilities, including strong quantitative/modeling skills
• Leadership experience
• High proficiency in Word, Power Point and Excel
• Developed investment judgment with demonstrable understanding of risk/reward tradeoffs
• Flexibility—StepStone is a young and entrepreneurial organization; all professionals are expected to perform multiple functions as the firm continues to grow and develop
• The ideal candidate will have 2-4 years of investment banking experience plus an additional 4+ years with Private Debt GPs

Required Knowledge, Skills, and Abilities

• Promote and demonstrate a positive, team-oriented attitude
• Applied experience in valuation and investment analysis, in both credit and equity
• CFA certificate a plus, but not required

Salary Range: 190,000 - $210,000

The salary range is an estimate of pay for this position.  Actual pay may vary depending on job-related factors that can include location, education, skill, and experience.  The salary range does not include any benefits or other forms of possible compensation that may be available to employees.