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.
Responsibilities
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.
Qualifications
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.
Company Information
The Carlyle Group (NASDAQ: CG) is a global investment firm with $435 billion of assets under management and more than half of the AUM managed by women, across 606 investment vehicles as of June 30, 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 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 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 value diversity as a key driver of 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." Our aim is to cultivate a community where insights are continually exchanged and different perspectives are embraced. We recognize that diverse teams perform better and we are dedicated to leveraging diversity as a competitive advantage at Carlyle.
