About Fundamental Strategies
Our Fundamental Strategies platform at Sixth Street is an opportunistic investment strategy primarily focused on stressed and distressed credit and other special situations in the public markets. It is set up to utilize an industry-agnostic, value-oriented approach to identify and invest in the most attractive risk/return opportunities across themes, sectors, geographies and asset classes matching the firm’s flexible, long-term capital base. The strategy has been core to the firm since inception.
Core Responsibilities
- Analyze themes and identify investment opportunities across industries and capital structures primarily in stressed and distressed credit
- Conduct detailed quantitative and qualitative analysis, with a focus on risk and return, in order to underwrite potential stressed and distressed investments across a wide variety of industries, asset types and investment strategies
- Perform detailed financial modeling of potential investments and lead due diligence efforts
- Analyze financial statements, financing terms, covenants, legal/bankruptcy documents, restructuring plans, capital/corporate structures, industry trends, market technicals and other items related to stressed and distressed investments
- Work effectively with a variety of counterparties including attorneys, brokers, bankers, and consultants as required to evaluate, source, negotiate, and/or structure investment transactions
- Manage portfolio investments and restructurings
- Serve as a key contributor to overall business building efforts as part of this growing team, which may include the opportunistic formation of additional investment vehicles
- Prepare investment memoranda to outline investment thesis with supporting financial analysis, research and overview of investment risks and return.
What We Look For
- Relevant investing experience within private equity, public credit or stressed and distressed credit - depth of knowledge of credit and special situations underwriting
- Excellent work ethic and high degree of professionalism
- Commitment to a team and goal-oriented environment
- Strong attention to detail, ability to multi-task and work effectively in a fast-paced, dynamically changing environment
- Strong ethical standards and integrity
Compensation
The base salary for this position is expected to be between $175,000 and $225,000. The base salary offered to the selected candidate will be commensurate with a candidate’s relevant experience and other qualifications for the position, as determined by Sixth Street in its sole discretion.
In addition to base salary, this position is eligible for an annual discretionary bonus and a competitive benefits package. Benefits offered currently include health, life, long-term and short-term disability insurance and a 401(k) plan. In addition, this role is eligible for paid public holidays (NYSE calendar), paid sick days pursuant to local laws, and additional reasonable time off subject to manager approval.
If a job offer is extended for a location other than San Francisco, the salary range may differ based on the location.
About Sixth Street
Founded in 2009, Sixth Street is a leading global investment firm dedicated to developing themes and offering solutions to companies across all stages of growth.
Our firm is designed for cross-platform collaboration at scale: we build businesses, invest for growth, acquire assets, provide direct financing, identify value in public markets, purchase royalty streams, and regularly develop first-of-their-kind structures to meet the strategic objectives of management teams.
We do all this globally and as one unified team of investment and control-side professionals working on behalf of our institutional investors and their beneficiaries around the world.
We believe adhering to our core values is a competitive advantage. Everyone on our team contributes their perspectives and expertise to help us solve complex challenges and get to the right answer. At Sixth Street, the best idea wins.
For more information, visit the Sixth Street Careers site or follow us on LinkedIn.
Sixth Street is proud to be an Equal Opportunity employer. We do not discriminate based upon race, religion, color, national origin, genetic history, marital status, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, veteran or military status, disability, genetic predisposition, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws.\
Pursuant to the San Francisco Fair Chance Ordinance, Sixth Street will consider for employment qualified applicants with arrest and conviction records.
If you need a reasonable accommodation to fill out this application, please contact Cindy Bombara.
Please refer to the privacy notice on our website for additional information regarding our obligations under the California Consumer Privacy Act (“CCPA”).
If you are not eligible for this role, please refer to our Careers Page for other opportunities.
Sixth Street San Francisco, California, USA Office
Sixth Street Partners, San Francisco, CA, United States, 94104
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