Associate, Direct Credit in London

Join Hamilton Lane, a global leader in private markets, as we scale to meet the demands of our growing client base. Here, you’ll work with ambitious, high‑performing teams built on integrity, candor and collaboration, backed by our market-leading data and technology. We invest heavily in our people and our partners, giving you the platform to enrich lives, safeguard futures and grow your career.

As one of the largest private markets investment firms globally, we provide innovative solutions to institutional and private wealth investors around the world, specializing in flexibility and full-spectrum access. We currently employ approximately 800 professionals operating in offices throughout North America, Europe, Asia Pacific and the Middle East, and have $1.0 trillion in assets under management and supervision.

The Direct Credit Team is comprised of 25 investment professionals spanning Europe and North America. The Team has a 20-year track record of investing in private credit across senior and opportunistic strategies, deploying $10.9Bn into direct credit transactions over that time period. The European Team is headquartered in London and covers credit opportunities across Europe.

We are looking for an investment professional to join a growing European Direct Credit Team. The role offers an exciting opportunity to join a global firm and work across the credit risk spectrum, gaining exposure to a broad range of financing opportunities. The successful candidate will combine strong technical skills with fundamental credit underwriting and exhibit a commercial and collaborative mindset.

• Support the team in drafting of credit investment memos, demonstrating the ability to assess business models, historical and projected financial performance, industry dynamics, competitive position, capital structure and sponsor considerations.
• Build and own financial models to assess downside protection, leverage capacity, liquidity, sensitivity cases and expected investment returns.
• Perform rigorous fundamental credit analysis to identify key risks, mitigants and value drivers.
• Participate in the end-to-end diligence process by reviewing third-party due diligence, preparing diligence Q&A lists, and participating in expert and reference calls.
• Synthesize key findings into an underwriting thesis.
• Evaluate opportunities across a broad range of credit situations, with exposure to different positions in the capital structure and an emphasis on risk-reward mindset.
• Co-ordinate transaction execution by collaborating with internal workstreams (e.g. legal, tax, funding team).
• Track European deal flow, pipeline and investment track record.
• Assist in monitoring existing portfolio companies by reviewing quarterly financials, writing performance updates, and reviewing valuation reports.

• Approximately 3+ years of relevant experience in leveraged finance, private credit or a related investing environment.
• Strong fundamental credit analysis skills, with the demonstrated ability to assess business quality, cash flows, downside scenarios and capital structure analysis.
• Advanced financial modelling capability, including integrated three-statement modelling.
• Experience of working on sponsor-backed financing transactions.
• Intellectual curiosity and ability to think critically about investment thesis, key risks and structuring considerations.
• Strong communication and presentation skills; ability to distil complex analysis into clear recommendations to senior stakeholders.
• High level of ownership, strong work ethic and ability to collaborate effectively in a team.
• Strong academic credentials.
• Additional European language skills are welcomed but not required.
• Advanced proficiency in Microsoft Excel and PowerPoint.

At Hamilton Lane, our benefits philosophy is simple: to provide our employees with a competitive suite of benefits and services to help navigate through the complexities and challenges of working, living, raising a family, and eventually retiring. To do this, Hamilton Lane offers the following benefits:

• Enhancing Your Physical and Emotional Health: Employees have access to healthcare coverage, mental health resources, health & fitness reimbursement program, and Wellness Rewards Program.
• Developing Your Career: Tuition and certification reimbursement programs are available, along with continual education and development trainings for you to grow with Hamilton Lane.
• Supporting Your Family & Community: For our communities, Hamilton Lane provides paid time off to volunteer and compensates for referring qualified candidates that join our team. For growing family, we offer an adoption reimbursement program, paid time off for new parents and newlyweds, and provide travel support for nursing parents.
• Safeguarding Your Financial Wellbeing: Hamilton Lane contributes to retirement programs and offers an employee stock purchasing plan.

Hamilton Lane is an Equal Opportunity Employer. All qualified applicants will be considered for employment without regard to their race, religion, ancestry, national origin, sex, sexual orientation, age, disability, marital status, domestic partner status, or medical condition.