Senior Principal Investments - Growth/Venture Debt Operating Partner

Employer: DWS Group Title: Senior Principal Investments - Growth/Venture Debt Operating Partner Location: London About DWS: Today, markets face a whole new set of pressures – but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change. Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment. We’re looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow. As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients’ financial future. And in return, we’ll give you the support and platform to develop new skills, make an impact and work alongside some of the industry’s greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career. This is your chance to invest in your future. Team / Division overview The DWS Alternatives business is a diversified set of business activities with approximately EUR 130bn in assets under management in strategies including Private Real Estate, Private Infrastructure, Private Credit, Liquid Real Assets (Real Estate/Infrastructure and Commodity Securities) and Sustainable Investments.  The global team invests on behalf of a global client base that includes governments, corporations, institutional investors, as well as a growing UNHW investor group. Private Credit is a key growth pillar of the EUR 115bn DWS Alternatives franchise.  The Private Credit platform aims to build diversified portfolios across asset-based finance, direct lending, and structured credit to deliver attractive risk-adjusted returns with a focus on capital preservation to a broad spectrum of investors including governments, corporations, insurance companies and private clients. As part of the Corporate Credit/Direct Lending Strategy you will be at the heart of a strategic initiative in Germany/Europe, leveraging your expertise in corporate credit portfolio management to provide tailored investment solutions to our investments.

As a Senior Principal Investments for you will be responsible for: Lead the origination, structuring, and execution of complex Growth Debt transactions that combine senior interests with equity-linked upside (e.g., warrants), particularly for First-of-a-Kind technologies. Evaluate credit risks across multiple factors, including industry trends, market conditions, potential borrowers' operating environments, and specific risks pertinent to infrastructure and energy transition projects. Conduct detailed due diligence on potential borrowers and project entities, including the review of legal documentation (LMA standards), project-specific agreements, and particularly equity-linked upside structures involving warrants, contracts, and other relevant information impacting credit and investment decisions. Develop and utilize financial models to simulate different scenarios, assess potential risks, and project future performance of borrowers and projects, particularly for complex structured financings and Growth Debt instruments (e.g., CAPEX and working capital financings). Jointly prepare and present comprehensive investment committee memorandums to the Investment Committee, advising on capital strategy and balance sheet considerations to senior management and boards. Perform detailed valuation analysis and actively monitor investments and sector trends (including private credit, securitisation, and energy transition markets) to ensure adherence to clients’ investment needs, objectives, and constraints, providing customized investment offerings