Asset Management, Highbridge, US Research Analyst, Associate

Associate Position At Highbridge Capital Management

Highbridge Capital Management, LLC, founded in 1992, is a global alternative asset management firm. Over the years, it has developed a diversified investment platform that includes hedge funds, co-investment vehicles, and committed, closed-end vehicles designed for longer-term holding periods.

Today, Highbridge distinguishes itself as a credit, relative value and volatility-focused franchise, with the flexibility to invest opportunistically across the capital structure and liquidity spectrum. Currently managing over $4 billion in capital, the firm strives to generate attractive risk-adjusted returns for a financially sophisticated clientele, including institutional investors, public and corporate pension funds, sovereign wealth funds, endowments, foundations, and family offices. Headquartered in New York, Highbridge also operates an office in London.

Highbridge Capital Management is seeking an Associate focused on fundamental research reporting to Highbridge's US Head of Performing Credit. This team is responsible for the underwriting of Highbridge's credit and volatility investments and the negotiation and structuring of its event driven, new money and special situations investments as well as their work outs, restructurings and corporate actions. The role will focus on investments that are capitalized by, but not limited to, Highbridge's flagship credit and volatility fund, the Highbridge Tactical Credit Fund ("HTCF"), as well as those that are intended to be capitalized by Highbridge's closed-end opportunistic investment vehicles.

Job Responsibilities

The Associate will play an important role in the underwriting process, collaborating with various members of the investment team. Key responsibilities will include, but not be limited to, the following :

• Underwrite credit, volatility, and relative value investments while providing daily oversight of existing exposures
• Develop proprietary models to assess the creditworthiness of an issuer
• Conduct thorough primary research, including expert due diligence calls and discussions with management.
• Perform quantitative analyses focusing on the microeconomics of a businesses, recovery assessment, and valuation work
• Collaborate with the trading desk to support daily investment decisions
• Condense and synthesize analysis into concise memos that articulate the risk / reward proposition for Portfolio Manager review
• Monitor daily news flow and maintain contact with Management teams for current and prospective investments
• Assess potential deal dynamics and underwrite financing opportunities
• Lead industry expert due diligence calls

Required Qualifications, Capabilities and Skills :