2-Year Associate, Secondaries & Portfolio Finance, AlpInvest

Carlyle Investment Management • New York, NY

297d • $130,000 - $150,000

About The Position

The Carlyle Group seeks to hire an Associate within the AlpInvest Secondaries & Portfolio Finance team. AlpInvest Partners is one of the largest and well-established private equity investors globally, with over $100 billion committed to investments since inception and over $90 billion in AUM as of June 30, 2024. AlpInvest is wholly owned by The Carlyle Group and serves as the private equity multi-manager adviser within the Carlyle Investment Solutions business segment. AlpInvest professionals have full access to Carlyle's resources and network providing a key differentiator in the private equity market, associate experience and post-associate opportunities, including business school. AlpInvest's activities cover a broad range of private equity, including Primary Fund commitments, Secondary Investments and Co-Investments. The firm's investments span the full spectrum of private equity: buyouts, venture, growth capital, energy, mezzanine, and distressed. AlpInvest offers customized private equity solutions to clients through separately managed accounts and commingled funds. 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, and Hong Kong with a team of more than 90 investment professionals and over 240 employees across the globe. The Secondary & Portfolio Finance Investments team focuses on acquiring pools of existing private equity assets and providing capital solutions across the private equity ecosystem. AlpInvest is a market leader in complex opportunities requiring innovative equity (secondary spin-outs, fund restructurings, secondary directs, etc.) and credit solutions (NAV loans, GP financing solutions, LP interest financings, and credit secondaries). The team has committed over $34Bn across 225 transactions since inception. Associates are key members of the investment team working in a flat team environment directly with senior investment professionals. Associates work across both the Secondaries Program and the Portfolio Finance Program (ASPF) and are responsible for due diligence, analysis and developing an initial and independent view of each investment.

Requirements

• Bachelor's degree required
• Minimum of 2 years of experience in investment banking, private equity, private credit / direct lending, or similar setting
• 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
• Excellent verbal and written communication skills
• Advanced financial modeling capability

Responsibilities

• Review of investment opportunities
• 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-level cash flow structuring
• Credit-like cash flow structuring related to funds / GP management companies and LP portfolios
• Preparation of due diligence requests and investment proposals
• Monitor performance of investments including attending advisory board and General Partner meetings

Benefits

• Comprehensive benefits package spanning retirement benefits, health insurance, life insurance and disability, paid time off, paid holidays, family planning benefits and various wellness programs
• Eligibility to participate in an annual discretionary incentive program based on individual and organizational performance

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree