Private Credit Portfolio Strategist
6 days ago
Wellington Management Company, LLP offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate.
As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.
About the RoleWe are seeking to add a Private Credit Investment Director to join our team and be an integral part of our expansion into private credit. Wellington has been investing in private markets since 2003, and the Firm launched its first dedicated private equity fund in 2014. Today, we manage approximately $8 billion in assets across private equity funds and co-investment program launched in 2017.
The Private Credit Investment Director is responsible for the build and oversight of certain Wellington-managed vehicles that pursue private investment strategies. The successful candidate will lead business, investor relations and marketing strategy, and act as investment representative for the firm's private credit business in the US and other locations as needed.
This role requires highly developed skills in marketing strategy, communication, portfolio analysis, and a solid foundation in investments. The successful candidate will be a flexible problem solver, with a can-do attitude, who is willing and able to take ownership of issues.
The position could be based in Boston or New York City.
This role requires strong analytical skills, including a deep understanding of global financial and private markets, investment risk analysis techniques, and the ability to thrive in a fast-paced, detail-oriented environment. There will be considerable contact with clients, prospects, and colleagues within Wellington Management globally.
Responsibilities- Acting as an effective investment representative of the private investment teams and portfolios with clients, prospects, and consultants
- Working directly with private credit teams to support, enhance and articulate the investment process and portfolios
- Supporting the growth and retention in client assets
- Providing regular investment risk oversight for a set of private credit funds
- Assuming responsibility for internal issues associated with the management of the private credit business (e.g., operational complexity, investment capacity, investment guidelines)
- Assisting in the development of marketing strategy and business planning, leading research and analysis on new business opportunities
- Communicating the firm's Private Investments strategy and capabilities to both internal and external audiences
- Creating innovative and insightful presentation content for current and prospective investors
- Familiar with negotiating legal documentations such as LPA and other Governing documents
The successful candidate for this position will have strong academic credentials, client relationship skills, demonstrated analytical and writing skills, effective communication skills, a high level of attention to detail, and is likely to have at least 12-15+ years of experience in a related position.
An understanding of asset management, private markets (specifically private credit, growth lending, investment grade credit) will also be important. Ideally we are looking for someone who has built and understands fund vehicles.
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