Vice President / Director - Asset-Based Finance, Private Debt

About StepStone Group StepStone Group (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to our clients. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds, and insurance companies, as well as prominent endowments, foundations, family offices, and private wealth clients, which include high-net-worth and mass affluent individuals. StepStone partners with its clients to develop and build private market portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt, and real estate asset classes.

StepStone Group

Worldwide, world-wise: your private markets partner

Fund InvestmentsSecondary InvestmentsCo-InvestmentsMonitoring & ReportingPrivate EquityPrivate DebtReal EstateReal AssetsResearchAdvisory Services

S

stepstonegroup.com

1,001-5,000 employees

Financial Services

New York, NY

2007

Public Company

80k LinkedIn followers

Raised $205M

• This role focuses on asset-based finance (ABF) co-investment opportunities in private debt. The successful candidate will play a critical role in sourcing, analyzing, and executing ABF co-investment transactions, preparing recommendations for the Firm’s Investment Committee, and supporting the broader Private Debt platform. A deep understanding of private markets and experience in executing ABF single transactions is required. Familiarity with ABF-focused GPs is an advantage but not mandatory.

• Lead and support ABF co-investment transactions from origination to initial screening through execution, including due diligence, structuring, and closing
• Maintain and improve existing relationships with GPs in the ABF space to increase co-investment flow; build out new GP relationships in the ABF space
• Train analysts in the US to expand the capabilities of the investment team within the ABF market
• Prepare high-quality Investment Memorandums aligned with StepStone standards
• Perform market research and analyze macroeconomic trends with a focus on ABF sectors
• Build and interpret ABF-specific financial models for ABF strategies and structured credit assets
• Communicate investment theses clearly and defend recommendations in Investment Committee settings
• ABF Focus Areas
• Examples of relevant ABF strategies include
• Consumer Lending (Credit Cards, Auto, etc.)
• Aircraft Leasing
• Litigation Finance
• Significant Risk Transfers (SRTs)
• Royalties
• Other specialized asset-backed opportunities.
• Demonstrated track record of academic and professional success
• Experience executing ABF single transactions or ABF co-investments
• Strong analytical and quantitative skills, including ABF-specific modeling
• Excellent written and verbal communication skills
• CFA designation a plus
• Applied experience in valuation and investment analysis, ideally in ABF structures
• Ability to thrive in a fast-paced, entrepreneurial environment
• Team-oriented mindset with strong interpersonal skills

• The salary range is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.
• Candidates must be at least 18 years old to apply.