Private Credit Correspondent

Location: New York, NY

About Us

The Financial Times is one of the world’s leading news organisations, globally recognised for its authority, integrity and accuracy, with a mission to deliver quality information and services worldwide. At the FT, curiosity thrives and ambitious thinking is rewarded. Here, you’re given the chance to reach millions, create work that matters and deliver impartial journalism in a polarised world. In our warm, collaborative culture, you’ll connect with a diverse community of experts who support your growth, career aspirations and wellbeing. Your future at the FT will be filled with opportunities that challenge and inspire you. With no fixed path, you’ll discover new skills and forge a career that can take you anywhere. Build a newsworthy career at the FT.

About the role

The Financial Times is looking for an outstanding reporter to lead our coverage of the US private credit industry from New York. This is a sourcing-first role for a journalist with exceptional reporting instincts and a proven ability to build trusted relationships across the financial industry.

• Cultivate deep networks among private credit firms, banks, insurers, law firms, advisers and borrowers, turning those relationships into agenda-setting exclusives and market-moving stories.
• Cover the firms reshaping how corporate America is financed, including Apollo, Ares, Blackstone, Blue Owl, KKR, Sixth Street and Oaktree. Your reporting will examine their strategies, investment performance, competitive dynamics and growing influence across global finance.
• Focus on the intersection of private credit and the insurance industry. As annuity and life insurance balance sheets increasingly provide capital to private credit funds, you will explore the implications for regulation, financial stability and the growing pool of illiquid assets supporting Americans' retirement savings.
• Cover the financing of leveraged buyouts, the funding demands of the AI boom, refinancing activity for stressed borrowers, and the restructurings, defaults and creditor disputes that emerge when deals unravel.
• Work closely with colleagues covering corporate finance, dealmaking, private capital, financial institutions and markets across the FT's global newsroom, contributing regularly to the Due Diligence newsletter and helping shape the FT's broader coverage of one of the fastest-growing and most influential sectors in global finance.

Requirements

• Proven ability to break exclusive stories and cultivate deep, trusted source networks.
• Strong news judgement with an eye for scoops and agenda-setting journalism.
• Ability to translate complex financial market concepts into clear, engaging stories for a broad audience.
• Equally comfortable writing fast-paced breaking news, front-page exclusives and in-depth Big Reads.
• Excellent reporting, interviewing and writing skills.
• A collaborative mindset and ability to work effectively across teams and international bureaux.

Qualifications

• Experience covering private credit, leveraged finance, private equity, banking or capital markets.
• Knowledge of the insurance industry and its growing role in private capital.
• Experience contributing to newsletters or other audience-focused digital products.

Weekend shifts are required as part of the team rota.

Pay

A reasonable estimate of the salary range for this role is $95,000 to $135,000. To ensure pay fairness, the successful candidate will be offered a salary within the estimated salary range based on skill set, experience, training, certifications, and other business and organisational needs.

Benefits

Our benefits vary by location but include:

• Generous annual leave.
• Medical cover.
• Inclusive parental leave packages.
• Subsidised gym memberships.
• Opportunities to give back to the community.

FT Newsroom staff are expected to work onsite a minimum of three days per week, subject to role requirements and regular review. While flexible working requests will be considered, not all patterns are suitable for Editorial roles.