Intern - Private Credit 2025

Carlyle Group, City of Westminster

Intern - Private Credit 2025

Salary Not Specified

Carlyle Group, City of Westminster

  • Full time
  • U
  • Onsite working
  • Graduate programme

Posted 1 week ago, 9 Nov | Get your application in now before you miss out!

Closing date: Closing date not specified

job Ref: 8565bd36bc9a483f86de67d8da60a48f

Full Job Description

The intern is expected, as part of a team and with guidance, to evaluate potential investment opportunities across a wide range of industries and geographies. They will be able to assess and present clearly the strengths and weaknesses of a potential investment, on both a quantitative and qualitative basis. In this role, you will; develop dynamic operating models, perform fundamental credit analysis, evaluate returns potential, optimal capital structure, and exit scenarios; develop and apply understanding of key aspects of loan and bond documentation, restructuring mechanics and insolvency regimes in various jurisdictions; analyze capital structure and various debt instruments to establish most attractive entry point, based on fundamental business valuation and downside protection analysis. On a typical day as an Intern, you will interact with advisors and management teams to evaluate and underwrite investment opportunities as part of due diligence processes; you will develop relationships with other market participants to identify general investment themes and specific opportunities; you will monitor existing investments including liaising with management and senior team members; and you will work on potential portfolio add-on acquisitions or refinancing transactions. By the end of the Internship, you will have developed a good understanding of capital structures and the potential levers for value creation, both financial and operational; you will have worked within the team to help present opportunities to investment committee.

Fluent in both French and English languages. Professional Experience

  • Excellent academics in a related degree, such as Finance or Economics.
  • Proven interest in a career in Investment Management; previous internship in similar industry preferred.
  • Excellent excel skills; strong quantitative, credit, financial modelling and analytical skills; and a good understanding of financial and accounting valuation methods.
  • Excellent research and due diligence skills with an aptitude for numeracy.
  • Willing to take initiatives and drive the project forward to completion.
  • Eligible to work in the UK, fluency in English language required, additional European language skills not essential but appreciated., Excellent interpersonal skills are required as well as being and a team player.
  • Self-starter; has confidence in asking questions and ability to work independently in a fast- paced environment with a willingness to learn.
  • Understanding of key capital structure and credit concepts.
  • Good communication and presentation skills.
  • Tenacious/persistent - with a desire to go the extra mile.
  • Mature and hard-working approach, strong executive presence.
  • Solid organizational skills, high attention to detail and ability to prioritize.
  • Personal and professional integrity of the highest order

    Carlyle's European private credit team focuses on an Opportunistic / Hybrid Capital strategy called CCOF which is in fund III vintage with $20bn+ AUM following its launch in 2017. Carlyle's CCOF strategy is seeking to provide funding or be a non-control investor in FOUNDER, FAMILY, MANAGEMENT-led businesses that need capital for growth, M&A, capex, liquidity or special situations (80% of transactions). Instruments are varied and structures are tailor-made. The CCOF strategy occasionally caters to the needs of sponsor-owned businesses: junior debt, complex, transitional capital (20% of transactions). Target returns of 15-20%.
  • This opportunity is to work with the Private Credit team based in London. The role will involve providing analytical support to the team as they evaluate new investment opportunities throughout the UK and Continental Europe. This role will work alongside the team during the execution of new investments in these regions. The environment is fast-paced and demanding, with a strong emphasis on learning about investing and development as an investment professional within the Private Credit sectors. Candidates will work directly with senior investment professionals on the team and will be encouraged to be proactive and to take ownership of important projects., The Carlyle Group (NASDAQ: CG) is a global investment firm with $435 billion of assets under management and more than half of the AUM managed by women, across 606 investment vehicles as of June 30, 2024. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world's largest and most successful investment firms, with more than 2,200 professionals operating in 29 offices in North America, Europe, the Middle East, Asia and Australia. Carlyle places an emphasis on development, retention and inclusion as supported by our internal processes and seven Employee Resource Groups (ERGs). Carlyle's purpose is to invest wisely and create value on behalf of its investors, which range from public and private pension funds to wealthy individuals and families to sovereign wealth funds, unions and corporations. Carlyle invests across three segments - Global Private Equity, Global Credit and Investment Solutions - and has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. At Carlyle, we value diversity as a key driver of performance and success. Our CEO, Harvey Schwartz, has stated that, "To build better businesses and create value for all of our stakeholders, we are focused on assembling leadership teams with the strongest insights from a range of perspectives." Our aim is to cultivate a community where insights are continually exchanged and different perspectives are embraced. We recognize that diverse teams perform better and we are dedicated to leveraging diversity as a competitive advantage at Carlyle.

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