Jim U.

Managing Director, Private Credit & Restructuring

Role
Managing Director at Principal Asset Management
Location
Chicago, IL, US
LinkedIn followers
500 followers
General Business & ManagementView LinkedIn profile

About Jim U.

Private Credit professional with expertise in Leveraged Finance Underwriting and Portfolio Management, and Workout / Distressed within the Sponsor Finance, LBO, Cash Flow Lending, Healthcare Lending, Middle Market and Broadly Syndicated Loan / CLO loan markets. Lead deal teams in screening, due diligence, and underwriting of new transactions, collaborating with investment partners, loan syndications, and capital markets. Partnering with management teams, private equity owners, and credit parties to drive positive outcomes for companies in transition or experiencing financial headwinds. Leading the negotiation of restructurings and tactical strategies to implement turnaround measures to stabilize and preserve business value in order to maximize recoveries. Drawing on strong credit instincts and background in leveraged finance to evaluate alternatives, clearly communicating strategies and potential outcomes, and leveraging strong network of relationships with advisors, attorneys, consultants, investment bankers, and capital providers. Well versed in deal structuring, legal negotiation, with an established network within the middle market / sponsor lending sector and the broadly syndicated loan market.

Experience

  1. Managing Director

    Principal Asset Management

    Apr 2024 — Present · Chicago, IL, US

    Private Credit, Head of RestructuringMember of Investment CommitteePrincipal Alternative Credit is the direct lending business within Principal Asset Management and invests in both sponsor-backed and non-sponsored lower and middle market companies in North America with EBITDA of $5 million or more. The firm targets transactions between $25 and $200

Education

  • Northwestern University - Kellogg School of Management

    MBA, MBA

    2004 — 2006

  • Northern Illinois University

    Bachelor’s Degree, Accounting

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Jim U. — Managing Director at Principal Asset Management in Chicago, IL, US | Unifers