Manager, Fund Management Global Private Equity at Carlyle Investment Management, LLC in Washington, Washington DC

Job Description:

Position Summary



Team Summary



The Fund Management (FM) team is responsible for the operations of Carlyle's investment funds. FM is focused on bringing a broad skillset to serve as a true strategic partner to Carlyle's investment teams ("the business"). The Fund Management team 1) partners with segment / fund leadership in setting future strategic direction and decision making, primarily focusing on financial and executional considerations, 2) collaborates with the business to ensure strong risk management, seamless execution and high performance, 3) connects the business to the broader organization to enable the business to leverage the full breadth of Carlyle resources, 4) supports business and investor relations teams in proactively managing and growing investor relationships, and 5) brings a combined finance and operational skillset in understanding the business and managing risk / compliance.


Successful members of the FM team are highly adaptable and able to shift gears quickly, often juggling many high-profile priorities under tight deadlines. They have a superior work ethic and embrace that the fast-paced, dynamic nature of our business often requires commitment outside of normal business hours. The FM team is a collection of very detail-oriented self-starters that possess intellectual curiosity and an ability to think creatively.



Position Summary



The Fund Management team is responsible for the operation of Carlyle's Global Private Equity and Global Credit funds. Managers within Fund Management are assigned to one or more investment funds and are responsible for supporting all aspects of the funds' operations including quarterly valuations, investment funding and execution, investor reporting, compliance, tax and legal matters as well as internal financial planning and analysis for associated business units.



Responsibilities

• Lead a team, directly or indirectly, towards successful outcomes across various fund initiatives


• Review financial valuations and exit forecasts for fund portfolio companies prepared by investment teams. Coordinate with the Corporate Accounting Valuation Group on quarterly valuation deliverables, including reviewing exit forecasts for the quarterly forecasting process. Prioritize and coordinate the organization of quarterly valuation deliverables and support.


• Track and maintain appropriate controls and record-keeping.


• Provide ad hoc analysis on portfolio valuations, including allocation and scenario modelling for Fund CFO and senior leadership


• Liaise with partnership accounting, fund management administrative consultants, fund counsel, tax, and fund coordination functions to lead the process of transaction execution (new investments, exits, restructures) including documentation and administration.


• Oversee the process and timeline of borrowings, capital calls and distributions.


• Provide support for the preparation of annual fund operating budgets through completion of operating revenue and expense projections. Perform quarterly budget-to-actual variance analysis.


• Coordinating with legal, compliance, investor relations and external counsel to support fundraising efforts for new funds and co-investment offerings, including preparation of marketing materials and due diligence requests.


• Support Legal in negotiations and legal review of fund documents.


• Coordination and review of key performance metrics and detailed data requests on a quarterly and ad hoc basis.


• Provide quarterly and ad hoc analysis to fund investors with minimal supervision.


• Prepare presentations and ad hoc financial analysis for leadership presentations.


• Review capital call/distribution and waterfall calculations.


• Manage external India based full-time resource, coordinating deliverable timing among various time zones.


• Assist with legal and compliance matters, including liaising with external service providers regarding reporting requirements, managing the formation process and reviewing structure documents for the entity legal management system.


• Support Legal and Tax in review of transaction structuring.


• Support broader strategic fund initiatives.

Qualifications



Education & Certificates

• Bachelors Degree, required


• Accounting, Finance or Economics concentration, preferred


• CPA/CFA, preferred

Professional Experience

• Minimum of 5-7 years of relevant professional experience, required.


• Financial Services experience preferred.


• Analytical capabilities and the accounting and financial principles related to private equity and the ability to apply the principles to the tasks at hand.


• Demonstrated record of expertise in quantitative analysis and financial modelling.


• Strong accounting or financial background with the ability and desire to learn the accounting and financial principles related to private equity.


• Advanced Microsoft Office (including Excel and PowerPoint) skills required.


• Ability to operate in a demanding and fast paced environment and balance multiple tasks.


• Significant overtime as well as availability outside of normal business hours required frequently, especially during quarterly valuation cycles, in connection with deal closings and during fundraising periods.


• Excellent written and verbal communication skills.


• Self-starter with an ownership mentality.


• Strong interpersonal skills.


• Well-rounded with strong organizational skills and attention to detail.


• Demonstrated ability to work effectively as part of a team.


• Ability to succeed in a matrix organization with multiple areas of responsibilities.


• High integrity and dedication to maintaining the confidentiality of sensitive and proprietary material

Benefits/Compensation



The compensation range for this role is specific to Washington, DC 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 $120,000 to $130,000.


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 $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 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 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. Apply Now