Principal, Capital Markets

Position OverviewLinden Capital Partners is a Chicago-based private equity firm focused on healthcare. We are seeking a Principal, Capital Markets to lead the Firm’s debt financing activity across new investments and the existing portfolio. This is a senior, highly visible role: as the Firm’s most senior capital markets professional, the Principal will be the primary point of contact with banks, direct lenders, and credit funds, and a genuine thought partner to the investment team at Investment Committee.

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Key Responsibilities1. Lender Relationships & Market AccessBuild and maintain deep, trusted relationships with banks, direct lenders, credit funds, and other capital providers relevant to Linden’s portfolio.Develop access to financing sources, including club relationships and bilateral lenders, that creates competitive advantage for the Firm.Represent Linden credibly in the market so that lenders view the Firm as a preferred counterparty and compete for its business; create competitive tension to achieve differentiated terms.Maintain current knowledge of market terms, structures, pricing, and lender appetite across the credit spectrum.
2. Financing ExecutionLead all aspects of debt financing, from initial structuring through close.Develop optimal capital structures in partnership with deal teams, balancing risk, flexibility, and cost; identify creative structures (unitranche, second lien, holdco PIK, preferred equity) where appropriate.Drive negotiation of credit agreements, intercreditor arrangements, and related documentation with speed and precision, achieving best terms without damaging relationships.Ensure financing timelines never impede deal execution.
3. Portfolio Company Debt ManagementMaintain active command of the debt profile across the portfolio, including maturities, covenant compliance, amendment needs, and refinancing opportunities.Proactively identify situations requiring action and drive solutions ahead of problems; lead amendment and waiver negotiations with lenders through stress situations.Optimize the portfolio’s cost of capital over the hold period through opportunistic refinancings and dividend recapitalizations, with disciplined judgment on timing and sizing.Serve as a strategic advisor to portfolio company CFOs on capital structure decisions.
4. Internal Collaboration & Investment CommitteeEarn the trust and respect of an analytical, highly experienced investment team; be trusted, not just tolerated.Contribute to Investment Committee on all financing-related matters, including structure, terms, lender dynamics, and market read, adding insight rather than just information.Translate complex debt considerations into clear, accessible frameworks that help the team underwrite investments and manage risk.Engage deal teams early and add value before being asked.
5. Internal Operations & TeamBuild and maintain efficient, reliable processes for financing execution across new deals and the portfolio, so deal teams have what they need, when they need it, without unnecessary friction.Participate in fundraising and LP-facing discussions where relevant to portfolio performance or strategy, and represent the Firm’s capital markets capabilities as a competitive advantage.Operate comfortably across both strategic and executional tasks.
Qualifications & ExperienceSubstantial experience in leveraged finance, capital markets, or credit, gained at a private equity firm, bank, direct lender, or credit fund.Established, current relationships across the lending community, including banks, direct lenders, and credit funds.Demonstrated experience leading financings end to end and negotiating credit agreements, covenants, baskets, and intercreditor arrangements; knows what is market and what is not.Experience across the capital structure, including unitranche, second lien, holdco PIK, and preferred equity.Experience advising on amendments, waivers, refinancings, and dividend recapitalizations; healthcare experience is a plus.Strong analytical and communication skills, with the ability to explain debt considerations clearly to non-specialists.Undergraduate degree required; MBA or other advanced degree preferred.
Fit with LindenOwner. Ownership mentality: proactive, accountable, resourceful, and results-oriented.Humble. Confidence without too much ego; earns respect through judgment rather than credential signaling.Emotionally intelligent. Reads situational dynamics well and knows when to push and when to defer; adjusts to Firm, team, and individual dynamics.Open to feedback. Introspective and open to giving and receiving direct feedback, with a continuous improvement mindset.Collaborative. Team-first contributor who is seen as a resource and collaborator, never a bottleneck; builds strong relationships with lenders, CFOs, and colleagues.Trustworthy. High integrity with lenders, portfolio companies, and internal colleagues.
About LindenLinden Capital Partners is a Chicago-based private equity firm focused exclusively on healthcare. Founded in 2004, Linden is the largest dedicated healthcare private equity firm, with over $13 billion of regulatory assets under management and investments in more than 45 healthcare companies across 350+ transactions. In 2025, Linden closed its sixth and largest buyout fund at $5.4 billion.
Linden's strategy rests on three elements: healthcare specialization, integrated private equity and operating expertise, and a differentiated human capital program. xzbcwsv The firm invests in middle-market platforms across healthcare services, products, and distribution, partnering closely with management teams to build enduring businesses.