What are the responsibilities and job description for the Fund Formation position at Cerberus Capital Management?
Associate, Fund Formation Team – Cerberus Business Finance
About Cerberus
Founded in 1992, Cerberus is a global leader in alternative investing with approximately $70 billion in assets across complementary credit, private equity, and real estate strategies. Cerberus invests across the capital structure where our integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Our tenured teams have experience working collaboratively across asset classes, sectors, and geographies to seek strong risk-adjusted returns for our investors. For more information about our people and platforms, visit us at www.cerberus.com.
Cerberus Business Finance is a leading agent, direct lender, and originator of senior secured loans for large U.S. middle-market companies. With approximately $31 billion of investment capacity, including approximately $26 billion of Assets Under Management, CBF provides financing solutions to PE-Sponsor owned companies in a wide variety of industries. Since its founding in 1995, CBF has completed loan transactions with approximately 300 PE Sponsor clients.
Job Purpose
As an Associate, you will participate in fundraising and fund formation of flagship funds and separate managed accounts with institutional investors, including pension funds and other large global financial institutions. You will also perform in-depth investment analysis, assisting senior investment professionals through full deal lifecycle for new loan investments.
Responsibilities
About Cerberus
Founded in 1992, Cerberus is a global leader in alternative investing with approximately $70 billion in assets across complementary credit, private equity, and real estate strategies. Cerberus invests across the capital structure where our integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Our tenured teams have experience working collaboratively across asset classes, sectors, and geographies to seek strong risk-adjusted returns for our investors. For more information about our people and platforms, visit us at www.cerberus.com.
Cerberus Business Finance is a leading agent, direct lender, and originator of senior secured loans for large U.S. middle-market companies. With approximately $31 billion of investment capacity, including approximately $26 billion of Assets Under Management, CBF provides financing solutions to PE-Sponsor owned companies in a wide variety of industries. Since its founding in 1995, CBF has completed loan transactions with approximately 300 PE Sponsor clients.
Job Purpose
As an Associate, you will participate in fundraising and fund formation of flagship funds and separate managed accounts with institutional investors, including pension funds and other large global financial institutions. You will also perform in-depth investment analysis, assisting senior investment professionals through full deal lifecycle for new loan investments.
Responsibilities
- Build and maintain complex models (three-statement, DCF, LBO) to support fund structuring and investor presentations.
- Develop high-quality pitch decks, marketing presentations, and data-driven materials for institutional investors.
- Create, update, and interpret fund performance metrics, portfolio analytics, and investor reporting packages.
- Investor engage via calls and meetings with current and prospective investors, supporting negotiations and fund structuring discussions (structuring, negotiation, and forming of funds), and fund leverage providers for funds
- Collaborate with operations, accounting, investor relations, and deal teams to ensure seamless execution of fund formation activities.
- Assist in negotiations with fund leverage providers and contribute to documentation and compliance processes.
- Lead comprehensive underwriting of new loan transactions, performing detailed credit analysis and risk assessment.
- Drive negotiations on investment terms and collaborate on legal documentation to ensure optimal deal structures.
- Oversee post-close portfolio monitoring, tracking performance and identifying potential risks through to payoff.
- Maintain accurate financial data by inputting key metrics into data management systems and preparing periodic reports for internal committees.
- Build and sustain relationships with Private Equity sponsor clients through regular interaction and strategic communication.
- 1-3 years of investment banking or other comparable finance / transaction-oriented experience with bachelors degree (leveraged finance or M&A deal experience preferred)
- Advanced financial modeling(three statement, DCFs, LBOs) and valuation techniques
- Familiarity with credit/debt asset classes and leveraged finance and accounting concepts
- Self-motivated and strong work ethic
- Excellent communication and relationship-building skills for investor interactions
- Intellectual curiosity with strong analytical and critical thinking skills
- Strong presentation development skills (PowerPoint, storytelling for investors)
- Experience and / or keen interest in the credit / debt asset class
- Ability to multi-task in a fast-paced environment and manage competing priorities
- Advanced data management and analytics proficiency (Excel, CapitalIQ, Bloomberg)
- Knowledge of fund formation processes, including structuring and legal considerations
Salary : $140,000 - $150,000