What are the responsibilities and job description for the CLO Professional position at Prospect Capital?
CLO Professional
The Firm
Founded in 1988, Prospect Capital is an alternative asset management firm with $7.1B of assets under management, including permanent capital. Prospect pursues multiple strategies in the US, including direct lending, private equity, real estate private equity and structured credit. Prospect has a long-term, value-oriented approach that employs fundamental bottoms-up research to identify investments that offer attractive risk and reward.
With offices in New York City, Connecticut, Florida and Texas, the firm is comprised of 100 experienced professionals who value entrepreneurship, intellectual rigor, hard work and continuous improvement.
The Position
- Join the existing 4-person CLO team to assist in sourcing, analyzing, and modeling new investment opportunities in both the primary and secondary markets.
- Perform relative value analyses that will drive investment decisions
- Assist in the portfolio management of the existing CLO portfolios totally approximately $1.5B, including analyzing refinancing’s, resets, and redemptions
Desired Skills and Experience
- Prior experience working with CLOs including direct investing, trading, or research experience
- Sound understanding of the fundamental, legal, structural, and technical aspects of CLOs
- Strong modeling skills including in-depth knowledge of Intex and Excel is required. Experience with Kanerai or VBA is a plus
- Hard working, and focused on details
- Top-tier education plus excellent verbal, written, and financial skills