Credit Opportunities – 2020 Internship (Summer)
The Carlyle Group is a global alternative asset manager with $223 billion of assets under management across 362 investment vehicles. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world’s largest and most successful investment firms, with more than 1,775 professionals operating in 33 offices in North America, South America, Europe, the Middle East, Africa, Asia and Australia.
More than 2,025 investors from 91 countries rely on Carlyle to achieve premium returns on their invested capital. Our investors range from public and private pension funds to wealthy individuals and families to sovereign wealth funds, unions and corporations. Through an array of products and geographic specific-funds, we work to meet the dynamic needs of the world’s most sophisticated investors.
Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Credit and Investment Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including aerospace, defence & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation.
Our opportunistic credit team invests primarily in highly-structured and privately-negotiated capital solutions supporting corporate borrowers through secured loans, senior subordinated debt, mezzanine debt, convertible notes, and other debt like instruments, as well as preferred and common equity in such borrowers. The team will also look to invest in special situations, event-driven opportunities that exhibit hybrid credit and equity features, as well as market dislocations, primary and secondary market investments in liquid debt instruments that arise as a result of temporary market volatility.
The team consists of 17 investment professionals (7 in London, 10 in New York).
An opportunity to work with the Credit Opportunities team based in London. The role will involve financial modelling which require advanced Excel skills, assisting with analysing new investment opportunities throughout the UK and Continental Europe, as well as assisting in the execution of new investments in these regions under the direct supervision and guidance of full-time investment professionals. The environment is fast-paced and demanding, with a strong emphasis on learning about investing and corporate finance throughout the program. Interns will have significant access to senior investment professionals on the team for career advice, career guidance and references upon completion of the program.
- Currently undertaking the latter half of an MBA or a Masters qualification in Finance
- Advanced knowledge of Excel, i.e. ability to build and understand an LBO model
- Minimum of 2 years’ experience within Investment Banking, Private Equity or Hedge Funds
- A preference for European language speakers
- Excellent research skills with an aptitude for numeracy
- Willing to take initiatives and drive the project forward to completion
- 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 and a willingness to learn
- Solid organizational skills, high attention to detail and ability to prioritize
- Eligible to work in the UK
Please send your CV and Cover Letter, including details of your minimum 2 years’ work experience, to: [email protected]. Due to the numbers of applicants applying, please be advised that only successful candidates will be contacted by The Carlyle Group. If your application is successful, you will be required to take a 90-minute advanced modelling test using ExcelApply now