Senior Associate, Portfolio Finance

About the Team

The Portfolio Finance team focuses on deal funding, liquidity, and financing across Adams Street’s Private Equity and Private Credit investment strategies. The team manages day to day cash optimization, credit facilities, NAV facilities, and long-term forecasting with a focus on risk management and the performance of our funds.

The role of Senior Associate will be a key role within the team. The Senior Associate will be expected to collaborate with various teams across the firm and drive policy, control, and efficiency within the team. This role is focused on supporting the Private Credit function of Adams Street which operates out of New York.

Responsibilities:

• Work with Private Credit investment teams, Investment Strategy & Risk Management (ISRM), Operations, Accounting, and Tax teams to optimize liquidity and usage of financing for Adams Street’s portfolios (evergreen, closed ended and custom mandates)
• Build and maintain forward looking models to project cash flows from new deal pipeline, capital inflows/outflows, asset lifecycle events and financing transactions to help plan deployment strategy
• Monitor portfolios and take actions to manage cash levels, financing facilities, target leverage and key performance metrics
• Work across various internal teams to coordinate the sourcing, maintenance, and accuracy of projections used in making economic decisions
• Build and monitor portfolio risk metrics to measure against pre-established risk guidelines (e.g. leverage, cash levels) in growing and dynamic portfolios
• Complete FX Hedging processes across our investment portfolio

Candidate Requirements:

We seek an individual who is self-disciplined, demonstrates creative thinking and has the following characteristics:

• At least 5-7 years of investment management experience
• Minimum 4 years of experience working in a private credit role in portfolio finance, treasury, or similar
• Familiarity with BDCs and CLOs
• Experience with private markets credit facilities and/or structured finance preferred
• Advanced degrees with a background in quantitative finance/modeling preferred
• Strong quantitative, analytical, critical thinking and problem-solving skills with a financial engineering mindset
• Familiarity with treasury and financing function, products and providers
• Experience communicating and collaborating across multiple internal and external stakeholders
• Maintains accuracy and quality when working within tight deadlines
• Experienced user of programming languages (e.g. R), database design, and developer of analytical tools are desirable
• Ability to prioritize and independently execute assigned projects while directing and managing support staff

We offer a competitive U.S. benefits package designed to support health, financial security, and work-life balance. Highlights include medical, dental, and vision coverage; a 401(k) with immediate vesting and employer match; profit sharing; flexible spending accounts (FSA); and paid parental leave, including adoption. Employees also receive generous paid time off, commuter benefits, employer-paid short- and long-term disability and life insurance, and access to additional voluntary benefits.