Principal - Special Situations & Opportunistic Credit

A leading global investment platform with a well established special situations & opportunistic credit investment strategy is seeking a Principal to join its Special Sits & Opportunistic Credit investment team in New York.

This opportunity offers a seat at the table within a group that deploys capital across complex, event-driven, and non-traditional credit opportunities across both public and private credit markets, with the flexibility to pursue high-conviction opportunities across the capital structure.

Ideal Background

• 7–12 years of experience in credit-focused investing, special situations, opportunistic credit, or restructuring
• Background may include:
• Special situations or opportunistic credit buy-side
• Distressed debt investing
• RX / special situations investment banking
• Capital solutions or structured credit platforms
• Deep comfort with complexity — capital structures, workouts, litigation-influenced situations, or bespoke financings
• Strong sourcing instincts or demonstrated ability to identify non-obvious opportunities
• Highly analytical with exceptional judgment and the ability to articulate investment conviction

Core Focus Areas

The team invests across:

• Distressed & stressed credit
• Special situations and event-driven financing
• Opportunistic / dislocated credit
• Complex capital solutions across corporate and asset-heavy situations

What You’ll Do

• Lead deal evaluation, due diligence, and investment structuring across a wide range of complex credit opportunities
• Drive fundamental analysis, capital structure modeling, scenario analysis, and recovery valuation
• Work side-by-side with senior leadership, taking a front-line role in investment committee discussions
• Oversee portfolio performance, risk management, and ongoing monitoring of active positions
• Develop theses in niche, high-barrier-to-entry markets where creativity and independent thinking are critical
• Build, mentor, and elevate junior team members

Why This Role

• Join a high-status, globally recognized investment platform with a strong track record in unconventional and high-alpha credit opportunities
• Significant autonomy, impact, and visibility at the Director level
• Work in a true investor role, not an execution-only seat
• Exposure to differentiated deal flow unavailable at traditional credit shops
• Competitive, top-of-market compensation with meaningful long-term upside for high performers