Credit Opportunities Intern

The Carlyle Group

New York, NY, USA

Posted on February 19, 2024

Position Summary

Department Description

Global Credit is a global, multi-product, markets-focused investment platform with approximately $141 billion of assets under management. More than 200 investment professionals manage 60 active funds that seek to provide investors an edge in pursuing opportunities to create value across various types of credit, public equities and alternative instruments.

Position Summary

The Global Credit business seeks multiple Summer Analysts to join their 2024 Summer Analyst Program. This program is a ten-week internship in two of its largest investment verticals: Direct Lending and Opportunistic Credit. Carlyle’s Global Credit group offers Summer Analysts the chance to be engaged on our investment processes and add value within our deal teams. Summer Analysts will have the opportunity to also engage with professionals across Carlyle and Global Credit with weekly lunch and learns, senior leader mentorship, and other developmental opportunities

Responsibilities

The primary responsibility of the Summer Analyst will be to collaborate with small deal teams to analyze and execute investments. Our Summer Analysts will help to manage and complete the various portfolio reporting functions required by the team, such as company specific quarterly valuation reports and analysis (both quantitative and qualitative); extensive financial modelling; compiling quarterly portfolio updates for the investment team.

Additionally, the Summer Analyst will support the investment professionals in tasks such as preparing fund communications and marketing materials, processing non-disclosure agreements for new opportunities, and conducting general market and industry specific research.

Qualifications

Education & Certificates

To be eligible for the Carlyle Summer Analyst Program, students must be enrolled in a 4-year undergraduate university with the intended graduation date of Spring 2026
Preferred GPA of 3.5 or above

Professional Experience

Prior internship in private credit or financial services is recommended
Previous experience working in a team-based environment with multiple and often competing priorities in a pressure, deadline driven environment.

Competencies & Attributes

Acutely analytical and passionate about learning and developing both as an individual and as part of a team.
Strong sense of accountability, responsiveness, and follow-through
Team oriented, with consistent drive to maximize value-add to team
Consistent attention to details
Ability to handle projects with minimal training or oversight
Organized and practical, can turn high level direction into tasks to execute
Highly adaptable, with flexibility on depth and breadth of role and responsibilities

Benefits/Compensation

The compensation range for this role is specific to New York City and takes into account a wide range of factors including but not limited to the skill sets required/preferred; prior experience and training; licenses and/or certifications.

The anticipated weekly wage for this internship will be based on an annualized base salary of $95,000

Company Information

The Carlyle Group (NASDAQ: CG) is a global investment firm with $382 billion of assets under management and more than half of the AUM managed by women, across 600 investment vehicles as of September 30, 2023. 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 28 offices in North America, South 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 know that diverse teams perform better, so we seek to create a community where we continually exchange insights, embrace different perspectives and leverage diversity as a competitive advantage. That is why we are committed to growing and cultivating teams that include people with a variety of perspectives, people who provide unique lenses through which to view potential deals, support and run our business.