Private Credit

The asset class that outgrew its teams.

Private credit has moved from the margins to the centre of private markets. We place the finance, operations and investment professionals who keep credit platforms running as fast as they are growing.

The problems we solve

Credit is not private equity with a different name.

“Our credit funds have scaled faster than our finance and operations teams.”
Private credit has grown from allocation to asset class, and the professionals who understand loan administration, credit valuations and complex fund structures are scarce. We recruit them across direct lending, special situations and structured credit.
“Credit experience looks similar on paper but differs enormously in practice.”
A fund accountant from a plain-vanilla loan fund and one from a distressed or NAV-lending platform are not interchangeable. We test for the specifics: instruments, waterfall mechanics, facility structures and reporting demands, before a CV reaches you.
“We are competing with private equity firms for the same finance talent.”
The strongest candidates weigh credit against buyout roles. We know how to position a credit platform honestly and compellingly, because we work both sides of the private capital market and understand what moves candidates between them.
Roles we cover

From loan administration to platform CFO.

Why Carnegie

Both sides of the private capital market.

Strategy-specific screening

Direct lending, special situations, structured credit and NAV lending demand different experience. We test for the specifics before a CV reaches you.

A network built since 2006

Two decades recruiting across private equity, credit and asset management means the strongest credit candidates already know us.

London and New York

Credit platforms hire across both markets. So do we, with real presence in each.

NAVsec for the sharp end

Through Carnegie NAVsec we recruit investment professionals across credit secondaries and NAV financing, the fastest-moving corner of the market.

The practice lead

A practice that has recruited credit finance talent for over a decade.

Private credit finance hiring sits within our finance practice, led by Darren Reuben, Partner, who has recruited qualified accounting professionals across private equity, venture capital, private debt and credit, and traditional asset management since joining Carnegie in 2012.
For investment roles at the sharp end of the credit market, Carnegie NAVsec, led by James Holm, covers credit secondaries and NAV financing across Europe and the US.
Leadership

Credit funds do not just need accountants. They need people who understand the instruments, and those people are never on the shelf.

That conviction shapes how the practice screens for strategy-specific experience on every credit brief.

DR

Darren Reuben

Partner, Private Markets Finance

20+

Years in private capital markets

80%

Mandates from repeat clients

2

Hubs: London and New York

2006

Serving fund managers since
Common questions

Private credit hiring, answered.

Direct lending, special situations, structured credit, distressed debt and NAV lending, for standalone credit managers and the credit arms of larger private capital platforms, in the UK, Europe and the US.
Primarily finance and operations: fund accountants, fund controllers, heads of finance and CFOs, alongside loan administration, credit valuations and portfolio monitoring specialists. Through Carnegie NAVsec we also recruit investment professionals across credit secondaries and NAV financing.
Credit funds carry different instruments, different waterfall mechanics and heavier ongoing loan administration. Candidates who look similar on paper can differ enormously in practice, so we test for strategy-specific experience directly rather than relying on fund names on a CV.
Hiring for NAV financing or credit secondaries? That market has its own division.
Begin a conversation

Building out a credit platform?

Tell us the strategy and the structure. We will tell you what the talent market holds and how to reach it.