Valuation Associate - Operations

Valuation Associate - Operations

Our client is an alternative investment adviser and fund manager focused on private markets such as private debt and private equity and is located in West LA.

They are searching for a Valuation Associate to join their growing team of investment professionals focused on middle market direct lending strategies. The position is primarily responsible for valuing fund investments with a focus on direct lending and private equity investments.

Duties & Responsibilities

• Perform research and analysis for valuation of senior secured loans and private equity investments through review of credit agreements, borrower-related documentation, and other investment documents. Collect and summarize key terms and features of investments.
• Build, implement, and maintain valuation models for investments of our lending and private capital funds.
• Reconcile loan inputs, valuations, and terms generated from internal valuation models daily with valuations used and to calculate end-of-day net asset values (NAV) for the funds.
• Effectively liaise with each co-investment counterparty and deal team to collect investment inputs and other valuation documentation and support.
• Assist with fund audits by gathering support for valuations and responding to questions related to valuation methodologies and inputs/assumptions used.
• Monitor daily changes in the market generally and S&P/LSTA Leveraged Loan Index specifically to identify potential changes in valuation inputs.
• Monitor daily flow of new investments, capture any actionable items including valuation updates to existing holdings, and work with team to ensure funds accurately reflect all current positions and valuations.
• Provide guidance and training to junior members of the team.

Qualifications

• The ideal candidate will have an undergraduate degree in accounting, finance, or related field
• 3-4 years of relevant experience; previous private credit and private equity valuation experience
• Familiarity with our firm’s research
• Ability to adapt to new challenges in a dynamic environment while handling multiple projects
• Keen attention to detail with strong analytical skills
• Effective communication skills
• Skilled in prioritizing deliverables and consistently meeting deadlines in a fast-paced environment
• Ability to work well within a team environment or individually as needed
• Proficiency in Excel and PowerPoint and other Microsoft programs