Life Science Credit and Royalty, Associate Full Time NEW

With over $315 billion in assets under management as of March 31, 2026, we invest across three multi-strategy platforms: Credit, Real Assets and GP Strategic Capital. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with over 1,390 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com

The Role

This Associate will be part of the life science credit and royalty team investing in late-stage and commercial companies and assets via loans, royalties, and other structured investments. They will work on investment diligence, business development, and the monitoring of current portfolio companies in the Life Sciences sector. They will be involved in transaction sourcing, due diligence, valuation analysis, and negotiation of contracts and other agreements. The individual will have the opportunity to work closely with senior members of the investment team and to have meaningful interaction with management teams and external advisors.

Responsibilities

• Investment research including interviewing and surveying key opinion leaders, review of scientific and medical literature, diligence regarding pricing, market access, IP, and regulatory correspondence
• Financial analysis, valuation, and modeling
• Working as a key member of the deal team to construct innovative deal structures
• Industry and competitive analysis including bottoms-up modeling of product forecasts
• Drafting of memoranda for internal and external use (such as executive leadership and board of directors)
• Participate in deal team discussions and presentations with investment committee
• Monitor sector developments, macroeconomic landscape, and regulatory changes
• Participate in the transaction closing process, which includes legal documentation and funding operations
• Lead portfolio monitoring, reporting, and presentation to investment committee for portfolio companies

Qualifications

Qualifications:

In addition to strong analytical, organizational, and quantitative skills, the successful candidate should have:

• Minimum of a bachelor’s degree in a life sciences discipline or finance
• 1-3 years of experience in investment banking, consulting, equity research, or business development with a focus on healthcare or life sciences and/or principal investing experience in a life science focused fund a strong positive
• Strong written and verbal communication skills
• Team player with enthusiasm, problem solving orientation, and intellectual curiosity in a fast-paced environment
• Passion for the life sciences industry
• A quantitative aptitude, and experience with financial analysis, modeling, and valuation
• Possess the requisite Microsoft Office skills, and high degree of proficiency in Excel

It is expected that the base annual salary range for this New York City-based position will be $140,000 – $170,000. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.

Blue Owl is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.