Credit Solutions, Associate (Europe)
TPG
About TPG
TPG is a leading global alternative asset management firm, founded in San Francisco in 1992, with $261 billion of assets under management and investment and operational teams around the world. TPG invests across a broadly diversified set of strategies, including private equity, impact, credit, real estate, and market solutions, and our unique strategy is driven by collaboration, innovation, and inclusion. Our teams combine deep product and sector experience with broad capabilities and expertise to develop differentiated insights and add value for our fund investors, portfolio companies, management teams, and communities.
TPG’s success depends on our people, and we build and sustain our world-class team by creating an inclusive, supportive culture within the firm that seeks excellence and encourages humility and transparency. The quality of our investments and our ability to build great companies depend on the originality of our insights. Reaching our firm’s full potential means supporting every team member to bring the fullness of their unique perspective to their work and to our community. We are committed to a diverse, equitable, and inclusive workplace to foster diversity of thought and reflect the breadth of our limited partners and portfolio companies.
About TPG Angelo Gordon
TPG Angelo Gordon is a diversified credit and real estate investing platform within TPG. TPG Angelo Gordon manages approximately $78 billion across a broad range of credit and real estate strategies and we have been investing on behalf of pension funds, corporations, endowments, foundations, sovereign wealth funds and individuals for 35 years.
Over our entire history, TPG Angelo Gordon’s investment approach has consistently relied on disciplined portfolio construction backed by rigorous research and a strong focus on capital preservation. We are entrepreneurial and opportunistic. We have grown by pursuing strategies that complement and build on our core capabilities. Combining deep industry sector and market expertise with a collaborative, knowledge-sharing culture, we creatively seek out investment opportunities that allow us to exploit inefficiencies in global credit and real estate markets.
Description of Position
The London team is seeking to add an experienced junior-level colleague to support the opportunistic credit funds (“Credit Solutions”). The TPG Credit Solutions team was formed in 2019 and sits within TPG’s Credit vertical with >$20bn in AUM. They are currently investing out of its $4.5bn AG Credit Solutions Fund III (Final close in November 2025), utilizing an all-weather, solutions-based approach to stressed and special situations credit investing. Since its inception, the Credit Solutions strategy has deployed more than $15bn across market leading, highly complex deals. The strategy seeks to creatively resolve complex situations through bespoke financing solutions, leveraging TPG’s structuring expertise and flexible capital base. With the ability to rotate across public and private markets, the fund aims to deliver equity-like returns with downside protection, attractive current yield, and low market beta in any environment.
This hire will have the opportunity to join a lean and growing team, allowing for significant exposure across the deal lifecycle. The team is currently comprised of four individuals, plus capital markets and legal colleagues.
Principal Responsibilities
- Investment Analysis: Conduct comprehensive analysis of credit, HY, bank loans, stressed and distressed investments across both public and private investments
- Research: Perform in-depth fundamental research on potential investment opportunities, including financial statement analysis, industry analysis, and competitive positioning
- Valuation: Develop and maintain detailed financial models to assess the value and risk of potential investments.
- Portfolio Management: Collaborate with portfolio managers to construct and manage investment portfolios, ensuring alignment with the firm’s investment strategy and risk tolerance
- Market Monitoring: Continuously monitor market conditions, credit spreads, and economic indicators to identify trends and investment opportunities
- Reporting: Prepare and present investment recommendations and performance reports to senior management and investment committees
- Collaboration: Work closely with other analysts, traders, and portfolio managers globally to share insights and develop cohesive investment strategies
Qualifications
- Education: Bachelor’s degree required
- Experience: 2-5 years of total experience with at least 2 years in an investment analyst role on the buy-side or as a desk analyst in the sell-side
- Skills:
- Strong analytical and quantitative skills
- Proficient in financial modelling and valuation techniques
- Excellent research and due diligence capabilities
- Knowledge of public credit instruments and market dynamics preferred
- Ability to articulate complex investment ideas clearly and concisely
- Software Proficiency:
- Advanced proficiency in Excel, Bloomberg, and other financial analysis tools
- Attributes:
- Detail-oriented with a high degree of accuracy
- Strong work ethic and a team-oriented mindset
- Ability to work under pressure and meet tight deadlines