Associate, Credit Secondaries

Ares Management Corporation • New York, NY

139d • $130,000 - $175,000

About The Position

Ares Secondaries Group is one of the most experienced investors in acquiring secondary private fund ownership stakes in the alternative asset management industry. The Group provides bespoke and customized liquidity solutions across the private equity, credit, real estate, and infrastructure asset classes. With over 30 years of experience in the market, Ares Secondaries Group focuses on generating attractive risk adjusted returns through its leading industry analytics and research, robust deal origination, underwriting and portfolio management activities. Building off the success of its Secondaries investment experience, the Ares Secondaries Group launched a Credit Secondaries platform in early 2023 (“ACS”) and is looking to add to its team. The strategy is a natural extension of Ares’ leading Credit and Secondaries platforms, which respectively had approximately $377 billion and $34 billion of assets under management as of June 30, 2025. The Ares Secondaries Group has more than 85 dedicated investment and research professionals located in offices across the United States, Europe and Asia. We are seeking a motivated professional to join our Credit Secondaries team as an Associate in our New York office. Associates are primarily engaged in transaction underwriting and execution of both GP and LP deals, business development, investment decision making and portfolio management.

Requirements

• Bachelor’s degree or international equivalent required.
• Superior academic achievement at a top tier undergraduate program in Finance, Accounting, or a related field
• 2+ years of relevant work experience; Credit/leveraged finance investment experience is preferred, but strong banking backgrounds will be considered
• Sophisticated Excel modeling and analytical capabilities
• Ability to reduce complex problems and models into key drivers.
• Ability to combine disparate datasets and assumptions
• Detail oriented with the ability to manage multiple projects
• Ability to work effectively in a dynamic team environment, and with senior and junior professionals
• Strong verbal and written communication skills, and a professional, polished demeanor
• Evidence of intellectual curiosity, creative critical thinking skills, and adaptability

Responsibilities

• Assisting in the fundamental due diligence and analytical effort during the investment process.
• Due diligence activities, including: Qualitative and quantitative asset level credit analysis including data synthesis and trend summaries
• Analyzing and overlaying macro level trends to diligence diversified credit portfolios
• Intensive financial modeling of transactions (both LP and GP led) and individual credits
• Developing views on GPs at a transaction and broader market landscape level
• Organizing all due diligence materials and developing the investment thesis
• Participating in diligence sessions with third parties including brokers, LPs, and GP managers
• Authoring internal investment committee materials
• Communicating investment recommendations and supporting facts to the investment team and/or investment committee
• Managing the closing process, including the preparation and confirmation of legal documentation and other related materials
• Assisting in portfolio analytics and fund performance monitoring on an ongoing basis
• Developing and demonstrating an ability to consistently represent the firm in the global investment community including representing the firm outside of the office at marketing meetings, diligence sessions, investor meetings, conferences, and other events

Benefits

• Ares U.S. Core Benefits include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit.
• Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1,001-5,000 employees