Venture & Growth Lending Investor

Description

About this role

Business Unit Overview:
BlackRock’s integrated global credit platform invests across the spectrum of risk, geography and liquidity.

Our dedicated private credit professionals leverage extensive industry relationships across direct lending, venture debt, opportunistic and special situations markets with locations spanning 19 cities around the world. This reach allows us to offer clients’ a “boots on the ground” approach that pairs local expertise with BlackRock’s expansive global network.

Venture Debt & Growth Investment:
We are the leading European venture and growth debt fund manager focused on investing in high-growth companies in the technology and healthcare sector through every stage of their growth life cycle, from entry-level growth, mid-stage development, through to late stage & pre-IPO / exit funding, as well as publicly listed growth funding.

We are looking to add an experienced, energized and commercially minded venture debt investor to our investment team in Germany.

The individual will have a strong network in the entrepreneurial technology and innovation space in Germany and the DACH region and/or the right credit skills to underwrite transactions in this space. She/he will be involved in developing the commercial framework for deal sourcing and ensuring the transaction structuring, due diligence and negotiations are completed in close collaboration with other members in the team.

Key Responsibilities:

- Managing and supporting the deal process (sometimes as part of a broader team depending on the deal) which includes research - market, product and comparable businesses along with the appropriate due diligence. Due diligence covers management references, market sizing and mapping, and industry research, competitive analysis and ultimately forming a viewpoint on the investment opportunity.
- Conduct independent fundamental credit analysis, due diligence and approval of new investments.
- Calibrate financing needs and structures for prospective borrowers.
- Financial modelling of investment opportunities.
- Provides input on or leads negotiation of terms and conditions for transactions and works with originator and legal to ensure appropriate structuring / documentation.
- Negotiation and review of transaction legal documentation and liaising with internal and external legal advisers.
- Ongoing monitoring of portfolio assets including waivers & amendments, contributing to the quarterly fund valuation process and reporting to investors.
- Involvement in providing portfolio reports and analytics for internal and external use.
- Adhere to investment process and operational standards.
- Help identify/ manage operational risks and improve processes as relevant.

Sills and Experience:

- Excellent credit skills demonstrated through prior relevant experience in underwriting, structuring and executing venture debt/private debt transactions.
- Ability to build strong relationships with internal parties, portfolio companies along with VC / Equity sponsors.
- Ability to direct the structuring of a transaction, manage transaction process with internal and external parties and working with originators to complete investment opportunities.
- Willingness and interest to work across the broader portfolio.
- Motivated team player and flexible in approach with ability to work independently.
- Must demonstrate integrity and alignment to BlackRock’s principles and commitment as a trusted fiduciary to our clients.
- Flexible, responsive with keen attention to detail.
- Open-minded thought process and intellectual honesty with an ability to dynamically adapt to coverage of different products.
- Excellent written and verbal communication skills - presents ideas in a clear, concise and constructive manner.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackR