Private Credit Intern
Our Private 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.
We have an opportunity 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.
Key Responsibilities
A list of the key responsibilities:
• 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.
• Be able to assess and present clearly the strengths and weaknesses of a potential investment, on both a quantitative and qualitative basis.
• 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.
• Interact with advisors and management teams to evaluate and underwrite investment opportunities as part of due diligence processes.
• Have a good understanding of capital structures and the potential levers for value creation, both financial and operational.
• Work within the team to help present opportunities to investment committee.
• Develop relationships with other market participants to identify general investment themes and specific opportunities.
• Monitor existing investments including liaising with management and senior team members.
• Work on potential portfolio add-on acquisitions or refinancing transactions.
• Whilst the primary responsibility will be to evaluate potential investments opportunities for the Private Credit team, the candidate might also be involved in evaluating investment opportunities across the broader Carlyle credit platform.
Skills, Knowledge and Expertise
Professional Experience
• Excellent academics in a related degree, such as Finance or Economics
• Proven interest in a career in Investment Management
• Excellent excel skills
• Excellent research and due diligence skills with an aptitude for numeracy.
• Willing to take initiatives and drive the project forward to completion.
• Solid organizational skills, high attention to detail and ability to prioritize.
• Eligible to work in the UK.
Competencies & Attributes
• 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.
• A preference for European language speakers Proficiency with modelling.
• Strong quantitative, credit, financial modelling and analytical skills.
• Strong understanding of financial and accounting valuation methods.
• Understanding of key capital structure and credit concepts.
• Self-motivation and energy.
• 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.
Application deadline
25/05/2026
Location
London