Company Profile:
The Carlyle Group (NASDAQ: CG) is a global investment firm with $426 billion of assets under management and more than half of the AUM managed by women, across 586 investment vehicles as of December 31, 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, 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.
Job Description:
The Carlyle Group seeks to hire a 2-year Associate to join the Global Credit Management team in New York to focus on Portfolio Management and Corporate Development for the Global Credit platform and Cross Platform accounts.
The position will primarily focus on Portfolio Construction and Portfolio Management for the accounts that span all strategies within Global Credit (67%). These vehicles include, but are not limited to, a 1940 Act regulated fund and large institutional SMAs. This position will have exposure to Credit senior management on a daily basis and see credit investments that span differing liquidity, risk and geographic profiles.
The position will also focus on Product Development and Corporate Strategy for the Global Credit platform (33%). The associate will be responsible for supporting strategic growth initiatives, both organic and inorganic, across the Global Credit platform. Such initiatives may include, but are not limited to, new product development, the evaluation of potential strategic transactions, and the development of strategic partnerships.
Responsibilities include:
- Assist with the portfolio management of Cross Platform investment vehicles
- Interact with the portfolio managers on a regular basis regarding portfolio construction, asset selection, liquidity and liability management, and position monitoring
- Work with internal and external partners on marketing materials
- Produce portfolio review materials on a regular basis for the Fund's Board and management
- Conduct detailed market and financial analysis to support the firm's strategic decisions and growth initiatives
- Assist in managing, structuring, and executing transactions and product launches, including due diligence, document preparation, and financial modeling
- Maintain a comprehensive understanding of industry trends and competitive dynamics
- Work on ad hoc projects across the Credit business which relate to new business development and investor relations
- Develop a strong and wide-ranging relationship with internal and external Carlyle stakeholders to facilitate day-to-day responsibilities
- Think strategically about ways to streamline Carlyle's processes and grow Carlyle's business
Requirements:
Professional Experience
The target candidate will be trained Analysts/Associates with a minimum of 2 years of experience and exposure to a wide range of transactions, portfolio and/ or valuation work and due diligence assignments. Investment banking or private equity background preferred. Successful candidates will be strong team players with a self-starter mindset, the confidence to interact with all levels of the organization, ability to drive processes independently, and will thrive in a fast-pace and entrepreneurial environment. The target candidate's background will include:
- Advanced financial modeling capability and ability to interpret financial metrics or complete financial analysis when analyzing investment opportunities
- Excellent verbal and written communication skills
Education & Certifications
- Bachelor's degree required
Benefits/Compensation:
The compensation range for this role is specific to New York 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 base salary range for this role is $150,000.
In addition to the base salary, the hired professional will enjoy a comprehensive benefits package spanning retirement benefits, health insurance, life insurance and disability, paid time off, paid holidays, family planning benefits and various wellness programs. Additionally, the hired professional may also be eligible to participate in an annual discretionary incentive program, the award of which will be dependent on various factors, including, without limitation, individual and organizational performance.
