2027 Summer Internships: Investment

Oaktree Capital Management•Los Angeles, CA

21h•$43•Onsite

About The Position

Oaktree's 2027 Summer Internship Program in the U.S. offers a 10-week immersive experience from mid-June to mid-August. The program aims to recruit enthusiastic and talented interns to join various departments within the organization. Applications are open until September 21, 2026, with two recruitment waves: September-October and December-January. Candidates can submit a maximum of 3 applications per wave. All opportunities are based in Los Angeles, except where noted. The internship provides exposure to different investment strategies and departments within Oaktree Capital Management.

Requirements

Expected graduation year of 2029 for Global Opportunities and Real Estate Equity roles.
Expected graduation year of 2028 or 2029 for Global Private Debt, Sourcing & Origination, Special Situations, and U.S. Senior Loans roles.
Candidates can submit a maximum of 3 total applications per application wave.
Must be eligible to work in the U.S.

Nice To Haves

Experience in distressed debt, reorganizations, and restructurings.
Familiarity with investing across the capital structure in public and private markets.
Understanding of traded and non-traded credit markets.
Knowledge of high yield bonds and senior loans.
Experience with bottom-up fundamental credit analysis.
Exposure to stressed credit investing.
Understanding of real estate investment opportunities including direct property, real estate-related corporations, CMBS, residential land, assets and loan pools, small-balance commercial loan pools, and non-U.S. investments.
Familiarity with development opportunities.
Experience in the intersection of real estate and distressed debt.
Understanding of control-oriented debt and equity investments in middle-market companies.
Knowledge of distress-for-control strategies and direct equity investments in distressed businesses.
Familiarity with broadly-syndicated, senior-secured loans or other senior, non-investment-grade debt.
Understanding of U.S. dollar-denominated loans secured by first-priority liens in performing companies.

Responsibilities

Support the Global Opportunities strategy in Los Angeles.
Assist the Global Private Debt team in Los Angeles and/or New York.
Contribute to the Real Estate Equity team in Los Angeles.
Work with the Sourcing & Origination team supporting the Strategic Credit strategy in New York.
Support the Special Situations strategy in Los Angeles.
Assist the U.S. Senior Loans team in Los Angeles.