Website PPM America, Inc. (PPM)
PPM America, Inc. (PPM) is a client-focused investment manager, and our mission is to deliver client-specific solutions and world class service to investors in the pursuit of their unique investment objectives. PPM prides itself on being a nimble, investment-led organization that is responsive to the opportunities that our teams discover together. Click here for a description of our assets under management and our investment strategies.
PPM was named one of the Best Places to Work in Money Management by Pensions & Investments in 2022. We attract professionals who exhibit humbleness, directness, and dedication. Our communication style is informal, and we encourage collaboration by giving our teams the freedom to speak openly and share new ideas. PPM’s values guide our internal conduct and help define the type of relationships we share with our investors, affiliates, and other valued partners. Above all, PPM is passionate about giving back to our clients, to each other, and to our community. We understand that community and purpose are just as important as the job description when finding your next career, and at PPM you would join a community of employees with a long track record of dedicating their time and support to local nonprofits with the effort of strengthening local families and increasing economic opportunities.
At PPM, we believe that diversity and inclusion are integral to the success of our growth and longevity. PPM is committed to a culture of respect and believe that inclusion is the key to this culture, enabling our ability to innovate, execute, and grow for the benefit of our associates, clients, shareholders, and the communities where we live.
Fixed Income Research Team Description
The Fixed Income Research team is comprised of intellectually curious, collaborative professionals who formulate investment ideas for inclusion in PPM’s wide range of debt-focused client portfolios. As sector experts, analysts assess the credit quality of companies and industries through qualitative and quantitative analysis by following news, analyzing financials, and speaking to industry experts. Analysts then evaluate trading levels of these companies’ debt instruments to formulate investment recommendations, collaborating with the firm’s traders and portfolio managers to implement these views into portfolios.
Summary of Role
Lead all firm activities related to distressed investments, restructurings, defaults, bankruptcy and investments-related litigation. Work across all asset classes and deal with all asset types, but primarily public and private fixed income.
Role Responsibilities
- Represent PPM and its clients in distressed situations, seeking to maximize recoveries and preserve rights and remedies.
- Provide strategic advice and case management for distressed situations, advising portfolio managers, research analysts and operations personnel as applicable.
- Work side-by-side with portfolio managers and research analysts to understand the implications of noteworthy credit events and coercive corporate actions, including accessing intelligence and deal flow.
- Serve on ad hoc, official and steering committees in both public and private company bankruptcies and restructurings.
- Assist legal counsel in the management of distressed securities-related litigation.
- Work on ad-hoc projects and deals, including investment analysis for private asset-based transactions and/or private placement transactions in coordination with research analysts and portfolio managers
Required Skills & Experience
- Bachelor’s degree in a business related field
- Minimum 8-10 years of relevant experience
- Knowledge of bankruptcy, securities related litigation and class actions as they might pertain to client investments
- Possess a substantial database of bankruptcy and litigation contacts and restructuring professionals upon which to draw intelligence and access deal flow
- Successful track record of formulating and implementing bankruptcy and legal strategies
- Significant knowledge of compliance and securities laws
- Proven track record of cooperative conduct and fostering relationships when dealing both internally and externally
- Must be comfortable working behind the scenes and expressing opinions through others
PPM is a team-oriented environment that provides hands-on support and incentives for your professional growth. The below skills and experience are helpful for this role, but a pro-active learner who meets the role requirements will be able to gain the necessary skills on the job with the support of our team.
Desired Skills & Experience
- MBA and/or CFA preferred
Benefits
At PPM, we offer volunteer opportunities to get involved with a diverse network of peers and support the causes that are important to you. Your passion and talents can make a lasting impact on our organization and our community. Additionally, our employees go the extra mile every day and the benefits of working at PPM reflect our commitment to supporting and enhancing their personal and professional lives. The plans and programs listed below are offered in collaboration with our parent company.
- Competitive salary and bonus
- Medical, dental and vision coverage
- 401k retirement plan with dollar-for-dollar matching contributions (up to 6% of salary)
- Tuition and professional certification reimbursement
- Paid parental leave
- Adoption assistance
- Holidays and paid time off
- Paid time off to volunteer
- Life insurance
- Gift matching
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Equal Employment Opportunity PPM America, Inc. is an equal opportunity employer and we base our employment decisions without unlawful regard or consideration of an individual’s race, color, religion, national origin, sex, gender, sexual orientation, ancestry, citizenship, age, marital status, veteran status, medical condition, non-job related disability, pregnancy or any other basis protected by federal, state, or local law.
