Setpoint · 1 day ago
Principal, Investments
Setpoint Capital is an alternative asset manager focused on asset-backed private credit investments. They are seeking a Principal, Investments to source and manage credit investments, build relationships with borrowers and investors, and drive transactions to close.
FinTechInformation TechnologyProperty ManagementSaaSTransaction Processing
Responsibilities
Sourcing: Meet and develop relationships with prospective borrowers to source new origination opportunities
Underwriting: Perform investment diligence on potential credit investments and write investment memos. Underwrite all aspects of a deal including company credit risk, borrower business models, and underlying collateral
Transaction Execution: Work closely with in-house and external counsel to document and execute facilities, including detailed involvement in legal documents and driving transactions to close
Portfolio Management: Maintain strong relationships with borrowers and actively manage risk in the portfolio
Investor Management: Support investor-facing activities, including fundraising and investor relations
Qualification
Required
7+ years of investment or transaction experience
Attention to detail with the ability to effectively prioritize across multiple projects and meet deadlines in a high-pressure environment
Ability to take lead on projects, develop and pursue your own viewpoints with minimal supervision, and bring an ownership mentality to their work
Strong interpersonal skills
Demonstrated analytical ability
Preferred
Experience working in asset-backed lending, or structured credit is preferred
Benefits
Competitive salaries
Stock options
Medical, dental and vision coverage
401k
Disability coverage
Flexible vacation
Company
Setpoint
Infrastructure for the future of asset-based lending. Our platform unlocks speed, efficiency and accuracy for borrowers and lenders.
Funding
Current Stage
Growth StageTotal Funding
$79.5MKey Investors
645 VenturesAndreessen Horowitz
2024-08-13Series B· $31M
2022-12-07Series A· $43M
2021-07-01Seed· $5.5M
Recent News
fintechfutures
2022-12-12
2022-12-12
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