Director, Alternative Investments

The Company
For 175 years, National Life Group ("NLG") has aimed to keep their promises to provide families stability in good times and in bad. And throughout that history, they have provided peace of mind to those families as they plan their futures.
As a mission-driven business, the cause of what they do is as important as the products they sell. And their cause is a very simple one, directed at the people who live and work on America's Main Streets: "To Do good in our communities and with the individual families we serve."
NLG Capital, the investment management company of NLG, manages approximately $40+ billion in AUM. Our purpose is simple - to allow NLG to keep its promises. How we do this - an obsessive focus on delivering investment results. We drive results through a rigorous but collaborative investment process, and we hold ourselves to the highest of standards, both as investors and teammates. While our process is based on rigor, our culture is based on our guiding principles: Meritocracy, Uncompromising Transparency, Intellectual Honesty, Performance Driven Learning, Relentless Pursuit of Excellence. These principles serve as the foundation of our team. They govern the way we conduct ourselves, how we interact with teammates and how we approach every investment decision. We act with the integrity and humility required to make the investment decision that is right for the firm, and ultimately our policyholders. Our culture has been deliberately built to foster curiosity and provide opportunities to learn and grow, both as people and investors. The flat and collaborative nature of our team promotes an atmosphere where the best ideas are continually expressed and rewarded. Our pursuit of excellence is unwavering.
Position Summary
We are seeking a highly motivated and experienced Director to join NLG Capital's growing Alternative Investments Team. This person will play a critical role in identifying, evaluating, and executing strategic equity and debt investments that will drive significant value creation to both National Life Group's balance sheet as well as our strategic partners.
Essential Duties and Responsibilities

• Support the development and execution of the NLG Capital's Alternative Investment Strategy, with an emphasis on income generating asset classes including Direct Lending and Asset Backed Lending.
• Underwrite and originate investment opportunities that create alignment of interests while delivering strong returns. Examples include: GP equity investments, NAV Lending, Management Company Loans, and other strategic solutions.
• Conduct thorough due diligence on potential General Partner (GP) investment opportunities, analyzing fund performance, track record, investment thesis, and overall risk profile.
• Support the structuring and negotiation of investment terms with strategic partners, ensuring alignment with NLG Capital's risk and return objectives.
• Maintains transparency around Deal Pipeline, capturing relevant information and disseminating to Senior Management.
• Create pitchbooks and investment memos to facilitate recommendations to NLG Capital's Investment Committee.
• Monitor and manage existing investments, providing regular updates on performance and portfolio alignment.
• Conduct ongoing market research to stay abreast of trends and developments in the private credit and alternative investment space.
• Collaborate with colleagues across the firm including, legal, compliance, and accounting.

Minimum Qualifications

• Proven track record of originating, structuring, and managing complex investment transactions.
• Strong understanding of GP financing solutions, including NAV Lending, GP Staking, and Management Company Loans.
• Strong analytical and financial modeling skills with the ability to assess risk and identify investment opportunities.
• Superior communication skills with the ability to effectively present investment proposals to senior management.

Preferred Qualifications

• 7+ years of experience in private equity, fund financing, investment banking, or a related field.

Benefits and Compensation

• Your benefits start day one and are flexible and customizable to your and your family's specific needs. Check out the BENEFITS of a Career at National Life!
• The base salary range for this role is between $150,000 - $225,000 annually. We are open to varying levels of experience.

The base compensation range represents the low and high end of the range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to qualifications, skills, competencies, location, and experience. The range listed is just one component of our total compensation package for employees.
Other rewards may include an annual bonus, quarterly bonuses, commissions, and other long-term incentive compensation, depending on the position. National Life offers a competitive total rewards package which includes: a 401(k) retirement plan match; medical, dental, and vision insurance; a company funded wellness account for director and below employees; 10 paid holidays; a generous paid time off plan (22 days of combined time-off for non-exempt employees and exempt employees have discretion in managing their time, including scheduling time off in the normal course of business, but in no event will exempt employees receive less sick time than required by state or local law); 6 weeks of paid parental leave; and 6 weeks of paid family leave after a year of full-time employment.
National Life is accepting applications for this role on an ongoing basis and the role remains open until filled.
National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT - founded in 1848, Life Insurance Company of the Southwest, Addison, TX - chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group.
Fortune 1000 status is based on the consolidated financial results of all National Life Group companies.
National Life Group
1 National Life Dr
Montpelier, VT 05604
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