Job Description:

First Eagle Alternative Credit (“FEAC”) is seeking an Associate for the Direct Lending team in its Chicago office. The successful candidate will have a top tier undergraduate education, a strong desire to become a private debt and leveraged credit investment professional or experience financing companies based on cash flows and assets.

Responsibilities:

The Associate will be involved in all facets of the direct lending process including, but not limited to:

• Financial modeling

• Company and industry due diligence

• Investment screening and approval memo preparation

• Interfacing with investment bankers, company management and private equity sponsors

• Post transaction closing portfolio management

• Asset valuation

DESIRED Skills & Experience:

• Strong academic credentials from a top tier school(s); Undergraduate degree with a concentration in business, finance or economics is preferred

• 2+ years of experience at an alternative lending firm and/or in a top investment banking program

• Strong financial modeling skills required; must demonstrate high degree of comfort dealing with a variety of capital structures

• Excellent written and verbal communication skills

• Team player and proactive personality with an upbeat and positive attitude

• Self-starter and articulate

About First eagle alternative Credit:

First Eagle Alternative Credit (“FEAC”) is a leading manager of direct lending and tradable credit investment products, with approximately $21 billion of assets under management (as of December 31, 2021). FEAC advises a full range of public and private investment vehicles, including a business development company, interval fund, collateralized loan obligations (CLOs), separately managed accounts and comingled funds. FEAC is headquartered in Boston, with additional investment teams in Chicago, Dallas, Los Angeles and New York. Over the years, FEAC has developed deep and diverse national relationships that it leverages to maximize investment opportunities across its platforms. 

FEAC is the alternative capital platform of First Eagle Investments, an independent, privately owned investment management firm headquartered in New York City with $110 billion of assets under management (as of December 31, 2021). Throughout a heritage that dates to 1864, First Eagle has sought to generate attractive real returns for clients over the long term, a tradition that remains central to our mission today. First Eagle’s range of actively managed equity and equity-oriented, public and private credit, multi-asset and alternative strategies reflect our dedication to disciplined and unconventional thinking, a global perspective and the long-term alignment of interests.

First Eagle Alternative Credit is an Equal Employment Opportunity Employer. All qualified candidates will receive equal consideration for employment without regard to race, color, national origin, gender, age, religion, sexual orientation, marital status, mental or physical disability, or protected veteran status.