Investment Analyst
Description

NexPoint is a multibillion-dollar alternative investment firm based in Dallas, Texas. The firm is structured around three major business areas: real estate, corporate credit and equities, and insurance solutions. NexPoint’s businesses span asset classes, industries, and strategies, providing the flexibility to invest across capital structures and market environments. Serving a diverse client base, NexPoint’s investment strategies are offered in a range of vehicles and fund structures, including mutual funds, public and private REITs, tax-advantaged vehicles, private funds, and separate accounts. For more information visit nexpoint.com.


Summary

NexPoint is seeking a bright, hard-working Investment Analyst to join its event-driven investment team with a primary focus on merger arbitrage investing. The successful candidate will support all aspects of the investment process, including deal analysis, financial modeling, regulatory risk assessment, and portfolio monitoring. Please apply only if you reside in Dallas or are interested in relocating to Dallas, Texas.


Responsibilities

  • Identify and analyze announced mergers, acquisitions, tender offers, exchange offers, and other strategic transactions.
  • Review merger agreements, proxy statements, tender-offer documents, regulatory filings, financing commitments, and other transaction materials.
  • Evaluate the principal conditions to closing, including shareholder approvals, financing requirements, regulatory clearances, litigation, and contractual obligations.
  • Assess antitrust and regulatory risks involving the FTC, DOJ, HSR process, CFIUS, state regulators, the European Commission, the U.K. CMA, and other relevant authorities.
  • Develop detailed transaction timelines incorporating regulatory filings, shareholder votes, financing periods, litigation milestones, and expected closing dates.
  • Conduct downside analysis based on the target company’s undisturbed price, operating fundamentals, precedent transactions, valuation multiples, peer performance, and potential break scenarios.
  • Apply and maintain the firm’s internal deal-risk scoring framework, updating assessments as transaction milestones are achieved or risks change.
  • Prepare concise investment memoranda and present actionable recommendations to portfolio managers and the investment committee.
  • Monitor portfolio transactions daily for regulatory developments, shareholder activity, litigation, financing updates, competing bids, and changes in market expectations.
  • Communicate investment recommendations and findings to portfolio managers and other members of the investment team 
Requirements
  • Bachelor’s degree in finance, accounting, economics, business, legal, or a related discipline.
  • Two to seven years of experience in merger arbitrage, event-driven investing, equity research, investment banking, private equity, corporate law, or a related field.
  • Working knowledge of merger agreements, SEC filings, transaction structures, and the M&A closing process.
  • Understanding of antitrust review, securities regulation, shareholder voting requirements, and transaction-related litigation.
  • Experience analyzing complex or cross-border transactions is beneficial.
  • Strong quantitative, analytical, and problem-solving skills
  • Excellent written and verbal communication skills
  • High attention to detail and ability to thrive in a fast-paced environment


Compensation & Benefits
NexPoint offers a competitive base salary and bonus based on experience and performance. NexPoint offers a generous benefits package that includes an industry leading health insurance plan with no employee premiums or deductibles and a 401(k) plan with employer match. NexPoint’s talented professionals share a passion for excellence, commitment to teamwork, and pride based on the firm’s track record in the alternative investment industry. NexPoint is an Equal Opportunity Employer.