Company Profile
The Carlyle Group (NASDAQ: CG) is a global investment firm with $441 billion of assets under management and more than half of the AUM managed by women, across 636 investment vehicles as of December 31, 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 2,300 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 Carlyle AlpInvest ("AlpInvest") - 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 believe that a wide spectrum of experiences and viewpoints drives 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." We strive to foster an environment where ideas are openly shared and valued. By bringing together teams with varied expertise and approaches, we enjoy a competitive advantage and create a stronger foundation for long-term success.
Position Summary
The Carlyle Group seeks to hire an Associate within AlpInvest's Secondaries & Portfolio Finance Investments team.
AlpInvest Overview
AlpInvest is one of the largest and well-established private equity investors globally, with approximately $85 billion of assets under management as of December 31, 2024. AlpInvest is wholly owned by The Carlyle Group, and. AlpInvest professionals have full access to Carlyle's resources and network providing a key differentiator in the private equity and credit markets, associate experience and post-associate opportunities, including business school.
AlpInvest activities cover a broad range of private equity and credit investing, including primary fund commitments, secondary purchases, co-investments and portfolio financings. The firm has invested in over 370 general partners across nearly one thousand funds and manages the private equity and credit investments for a broad range of institutional investors globally across North America, Europe, Asia, South America, the Middle East and Africa. Further, AlpInvest has a large and diverse base of more than 550 investors globally, including sovereign wealth funds, public and private pension funds, insurance companies, family offices and other financial institutions.
AlpInvest has offices in New York, Amsterdam, London, Hong Kong, and Singapore with a team of more than 90 investment professionals and over 240 employees across the globe.
www.AlpInvest.com
Secondary & Portfolio Finance Investments Team Overview
The Secondary & Portfolio Finance Investments team focuses on acquiring pools of private equity assets and providing capital solutions across the private equity ecosystem. AlpInvest is a market leader in private equity secondaries, targeting complex opportunities requiring innovative solutions such as continuation vehicles, portfolio sales, spin-outs, and fund restructurings. AlpInvest is also a market leading provider of portfolio finance solutions, including NAV loans, GP capital solutions, LP interest financings, and credit secondaries. The team has committed over $35 billion across 230 transactions since inception.
Associates are key members of the investment team working in a flat team environment directly with senior investment professionals. The candidate will work across both the Secondaries and the Portfolio Finance Programs. Associates are responsible for due diligence, analysis and developing an initial and independent view of each investment.
This is an exciting opportunity to work at the intersection of private equity and credit. As part of their day-to-day, Associates are active participants in the sourcing, structuring, underwriting, and execution of the entire spectrum of private equity secondaries and portfolio finance transactions.
Secondary & Portfolio Finance Investments Associate Job Profile/Skill Set
The candidates will most likely be trained Analysts / Associates with a minimum of 2 years of experience in investment banking, private equity, private credit / direct lending, or similar setting, with exposure to a wide range of transactions, industry studies, valuation work and due diligence assignments. Bachelor's Degree required. Successful candidates will be team players with the confidence to interact with all levels of an organization.
Primary Responsibilities
- Review of investment opportunities across a broad set of transaction types
- Leadership role in due diligence meetings and other team initiatives
- Responsibility for financial modeling including:
- Detailed company-level analysis and underpinning for businesses in diverse industries
- Fund and GP management company level cash flow modeling and related analysis
- Preparation of due diligence requests and investment proposals
- Monitor performance of investments including attending advisory board and General Partner meetings
Requirements
Education & Certifications
- Bachelor's degree required
Knowledge & Experience
- Familiarity with structuring and execution of leveraged buyouts
- Experience with due diligence process and analysis
- A keen interest in understanding the fundamentals of different industries and credit markets
- Excellent verbal and written communication skills
- Advanced financial modeling capability
