Company Profile
Carlyle (NASDAQ: CG) is a global investment firm with $425 billion of assets under management and more than half of the AUM managed by women, across 595 investment vehicles as of March 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 2,200 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.
Fund or Department Description
Carlyle Credit Opportunities strategy resides within Global Credit and is currently investing out of its third flagship vintage investment vehicle. The team actively manages $13 billion of invested capital across 80+ portfolio companies globally. The CCOF 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 also invests in special situations and event-driven opportunities that exhibit hybrid credit and equity features. CCOF takes advantage of market dislocations that arise as a result of temporary market volatility, investing in primary and secondary markets using liquid debt instruments.
The team consists of 35 investment professionals across New York and London.
Position Summary
The Associate role will be within the Carlyle Credit Opportunities Fund ("CCOF"), the flexible credit investing segment within Global Credit. Associates are expected to integrate and work with their team to develop skills and the ability to identify opportunities and manage relationships. They are expected to, as part of a team and with guidance, evaluate the business and industry as well as identify the economic attractiveness; work on evaluation of potential deals and become very familiar with developing capital structure and understanding the levers for value creation. Associates will develop their deal structuring skills to include management of the due diligence process, deal and credit structuring and negotiation skills, as well monitoring of the portfolio companies.
Requirements
- 2 years of experience within Investment Banking, Private Credit and/or Private Equity
- Advanced corporate finance skills, including detailed, bottoms-up financial modelling and valuation assessment
- Bachelor's Degree and GPA of 3.5 or above
- Excellent interpersonal skills and the ability to be a team player; we put emphasis on teamwork and building a strong culture
- Familiarity with credit documentation and structuring aspects of transactions
- Self-starter; confidence in asking questions, ability to work independently in a fast-paced environment, and takes initiative to drive projects forward
- Solid organizational skills, high attention to detail and ability to prioritize
- Ability to juggle multiple workstreams and manage deadlines in a fast paced market-driven environment
- Passion for investing in both private and public markets, intellectual curiosity and willingness to learn
Benefits/Compensation
The compensation range for this role is specific to New York, NY 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.
Due to the high volume of candidates, please be advised that only candidates selected to interview will be contacted by Carlyle.
