Associate

COMPANY DESCRIPTION:Fidus Capital is an alternative investments platform with over $1.5 billion of assets under management focused on providing capital solutions for the lower middle market. The principals of Fidus possess on average over 25 years of experience investing in, lending to, and advising lower middle market companies across a broad spectrum of industries. Fidus’ flexible investment capabilities enable it to invest throughout the capital structure, with targeted investments consisting of senior secured / unitranche debt, mezzanine / subordinated debt, and equity securities. Fidus is the external management company of Fidus Investment Corporation ( ), a publicly traded (NASDAQ: FDUS) business development company (“BDC”), as well as various private pools of capital. Since 2007, Fidus has invested more than $3.5 billion of capital in more than 220 founder-owned and private equity-backed companies and currently oversees approximately 100 portfolio company investments.

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Fidus maintains offices in Evanston, IL; Charlotte, NC; and New York, NY.
POSITION DESCRIPTION:Fidus’ Associate roles provide an opportunity to actively contribute to all aspects of the new investment evaluation, underwriting execution, and post-close portfolio management process. The Associate will work in small MD-led deal teams alongside experienced investment professionals, gaining increasing responsibility through hands-on deal work and regular exposure to portfolio company management teams. Fidus’ culture emphasizes teamwork, inclusion, respect, integrity, and diligence, and the firm is seeking like-minded candidates who wish to grow and develop long-term careers as successful principal investors.
Essential Job Functions:New Transaction Underwriting – Evaluate New Investment OpportunitiesReview offering memorandums and collaborate with deal team members to develop an investment thesis and identify an appropriate capital structureBuild Excel-based financial models analyzing historical and projected financial performance and key operating metricsConduct industry research (e.g., equity research reports, comparable company analysis, discussions with industry experts) to validate the target company’s market positionAssist in preparing preliminary investment overviews and more formal investment committee memorandumsSupport legal document review and negotiationsAssist in the transaction closing process Portfolio Management – Monitor Existing Portfolio Company InvestmentsEvaluate portfolio companies’ monthly financial reporting packages, with a focus on monitoring financial trends and key operating metricsAttend portfolio company board meetingsParticipate in the evaluation of add-on investment opportunities (consistent with New Transaction Underwriting activities) and the execution of legal documentation amendmentsAssist in creating and reviewing SEC-mandated quarterly valuation memorandums Capital Markets – Participate in the Placement and Arrangement of Syndicated Credit Facilities QUALIFICATIONS:Education / Previous Experience:1–3 years of relevant work experience, with a strong preference for individuals who have worked in sponsor finance, direct lending, debt capital xzbcwsv markets, or private equityUndergraduate degree, preferably with a major in a business-related discipline Technical Skills:Strong analytical, writing, and communication skillsFinancial accounting experience preferredFinancial modeling experience (e.g., three-statement or LBO models)Advanced Microsoft Office skills, with a focus on Excel and WordBehavioral Attributes:Able to work in a small, fast-paced team environmentHigh degree of initiative, personal responsibility, and integrityStrong sense of urgency and attention to detailTeam player, with strong interpersonal skillsHighly motivated, with a drive to excelProfessional demeanorOther Qualifications:Willingness to relocate to the Chicago, IL area. The role is located in Fidus’ Evanston, IL, office (~30 minutes north of Chicago)Authorized to work in the United States
COMPENSATION: Competitive base salary, excellent benefits, and potential for an annual bonus