Private Equity Principal

Key Responsibilities

• Source, evaluate, and lead execution of special situations investments: distressed and stressed businesses, rescue and opportunistic financings, event-driven opportunities (M&A transitions, carve-outs, litigation or regulatory-driven situations), and complex or illiquid assets.
• Drive financial modeling, valuation, and structuring across debt, equity, and hybrid solutions, with a strong emphasis on downside protection alongside upside participation.
• Develop investment theses and manage diligence workstreams and third-party advisors through to close.
• Own transaction documentation and negotiation alongside senior leadership.
• Portfolio & Firm Support: Partner with portfolio company management on performance monitoring, strategic initiatives, and operational improvement post-close. Help build the firm's investment processes, tools, and diligence infrastructure as an early team member. Mentor and help onboard junior investment staff as the team scales.
• Represent the firm in the market with intermediaries, advisors, and industry contacts to help build deal flow and reputation.

About The Role

This Advanced VP or Principal role sits on the deal team of a first-time institutional fund built around a special situations mandate, targeting founder- and family-owned lower middle market businesses facing dislocation, complexity, or time pressure, where creative structuring across debt, equity, and hybrid capital creates an edge. You will be one of the first two investment hires as the fund closes its first round of institutional capital, working directly alongside the firm's senior leadership on every deal.

Professional Experience & Qualifications

• 7+ years in private equity, special situations, distressed debt, or related investing, with meaningful reps executing transactions from inception to close.
• Direct experience with distressed, rescue financing, event-driven, or complex/illiquid investments strongly preferred.
• Genuine lower middle market fluency; comfort with founder- and family-owned businesses.
• Strong financial modeling, structuring, and negotiation skills across debt, equity, and hybrid capital.
• Self-directed builder who can operate without heavy infrastructure and set a high bar for a growing team.
• Entrepreneurial orientation, genuinely motivated by carry and long-term equity upside, not solely by cash comp.
• Willing and able to be on-site in Los Angeles, CA.