About LongWater

LongWater is an SEC-registered investment adviser focused on the lower middle market, managing approximately $880 million in regulatory AUM across six private funds spanning control private equity buyouts, diversified credit, SBIC-licensed lending, and co-investment structures. Headquartered in Fargo, ND with offices in Dallas, TX and St. Louis, MO, our lean team delivers institutional-quality fund management with a hands-on, collaborative culture. 

Capital Solutions is LongWater’s credit-focused strategy, deploying private debt, minority equity and limited partnership investments across the lower middle market. As the strategy scales, we are building our infrastructure to support a growing portfolio and investor base. 

If you are interested in the role, please apply here - careers@lwopps.com. 

Position Overview

The VP, Investment Professional role is a Capital Solutions investment team position that serves as the deal quarterback for the LCS strategy. The VP leads due diligence processes, manages investment committee materials and directs junior staff, while simultaneously building an origination network and owning investment monitoring and investor communications for applicable deals. This is a high-accountability role that sits at the intersection of deal execution and management, and external relationship development. 

The role requires someone who can lead complex transactions with conviction, communicate proactively with the deal and portfolio management team, mentor junior staff and operate with increasing independence across deal execution, portfolio management and business development. 

Core Responsibilities

Deal Execution

•    Lead deal due diligence processes of private debt, minority equity, and limited partnership investments end-to-end; manage workstreams across internal staff and external advisors

•    Support deal closing and funding processes from IC approval through execution; coordinate with the Portfolio Management and Investment Execution team to ensure timely completion of closing deliverables

•    Prepare and own investment committee materials; assess deal risk and articulate mitigants clearly

•    Lead financial modeling efforts across deal underwriting; build and maintain credit models, performance return analyses and scenario frameworks while directing junior staff on modeling standards and best practices

•    Assist with deal structuring including tenor, pricing, covenant packages and collateral frameworks; support senior team members in tailoring credit solutions to borrower profiles and risk parameters

•    Assist with legal negotiations; refine and expand knowledge of credit agreement terms, structure and documentation

•    Build pathways to originating deals within the investment mandate; identify and screen new opportunities

Leadership & Strategy

•    Direct and develop junior investment staff; provide structured feedback and mentorship to Analysts and Associates

•    Align team execution to the investment mandate and firm priorities; develop and communicate actionable investment theses

•    Present to MDs and investment committee with clarity and conviction; communicate up the chain on deal and portfolio matters

•    Actively participate in IC discussions for deals the individual is not working on

•    Stay current on credit market trends, lower middle market deal dynamics and sector developments; bring informed perspectives to team strategy discussions and investment committee dialogue

Value Creation & Portfolio Management

•    Work with the Portfolio Management and Investment Execution team to provide deal-specific information and synopses where needed

•    Monitoring, valuation, reporting and management processes for assigned investments

•    Providing information needed to assemble quarterly monitoring packets and portfolio update materials

•    Identify portfolio improvement levers; actively engage with portfolio company initiatives and track performance against plan

•    Support execution of planned portfolio initiatives; enable growth strategy in partnership with management teams

External Relationships

•    Assist with deal and fund origination; attend conferences and actively build a personal sourcing network of bankers and industry executives

•    Lead efforts to provide information for investor-facing communications; field LP questions on applicable investments

•    Interact with management teams, co-lenders and intermediaries; develop relationships that generate proprietary deal flow over time

Qualifications

•    Bachelor’s degree in finance, Business, Accounting or closely related field

•    7+ years of experience in private credit, direct lending, credit-focused portfolio management or a related investment role

•    Strong financial modeling skills; advanced Excel proficiency including returns sensitivity analysis, scenario modeling and credit analysis

•    Proficiency with AI; ability to implement and leverage across investment and portfolio applications

•    Strong written and verbal communication skills; able to produce investor-facing materials and represent the LCS team in cross-functional interactions

•    Self-starter who takes ownership; this role requires initiative, range and accountability across a wide set of responsibilities

•    Direct experience with private fund structures: LP/GP entities, co-investment vehicles and multi-fund credit platforms (preferred but not required)

•    Familiarity with Chronograph, Allvue, DealCloud or similar portfolio monitoring and CRM platforms

•    Exposure to SBIC program requirements, SBA regulatory filings or other government-licensed investment structures

•    Experience with loan servicing coordination, credit agreement documentation and covenant compliance tracking

•    Experience in a cross-functional environment where investment professionals interact directly with finance, compliance and investor relations

Compensation & Benefits

•    Base Salary

•    Annual Performance Based Bonus

•    Health, Dental & Vision Insurance

•    Employer paid Life & AD&D Insurance

•    LWO LLC Sponsored 401k Plan

•    Voluntary Benefits – provided as separate document to this letter

•    Paid Parental Leave

•    Vacation: While there is no fixed accrual, we encourage you to take reasonable vacation and personal time off with manager approval, provided work responsibilities are met.

Equal Opportunity & Employment Disclosure

LongWater Opportunities LLC is an equal opportunity employer and considers all qualified applicants without regard to race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, genetic information, veteran status, or any other characteristic protected by applicable federal, state, or local law. This position is based in St. Louis, Missouri. LongWater maintains additional offices in Fargo, North Dakota and Dallas, Texas. Employment terms will be governed by applicable Missouri law. 

Compensation is competitive and commensurate with experience; specific salary or pay range information is available upon request or as required by applicable law. Reasonable accommodation is available to qualified individuals with disabilities upon request. Employment with LongWater Opportunities LLC is at-will. All candidates must be authorized to work in the United States.