What are the responsibilities and job description for the 2-Year Associate, AlpInvest Secondaries and Portfolio Finance (Summer 2026) position at The Carlyle Group?
Basic information
Position Summary
You will operate in a collaborative, flat team environment alongside experienced professionals, engaging directly with complex investment opportunities. The Associate role is well-suited for individuals with strong analytical abilities, a proactive mindset, and an interest in shaping outcomes across a range of private equity transactions. With global exposure and full access to Carlyle’s resources, this role offers professional development and growth within a platform designed to support long-term career ambitions.
Responsibilities
- Conduct detailed company-level financial analysis across a broad range of industries.
- Build and maintain fund-level and credit-like cash flow models.
- Prepare comprehensive due diligence materials and investment committee proposals.
- Lead due diligence meetings and manage follow-up communication with internal and external stakeholders.
- Research and evaluate complex private equity investment structures such as fund restructurings, secondary directs, and spin-outs.
- Analyze and recommend solutions for NAV loans, GP financing structures, and LP interest financings.
- Monitor existing investments through regular engagement with General Partners, including participation in advisory board meetings.
- Develop investment theses and express an independent point of view on proposed transactions.
- Support innovation across transaction structuring and risk mitigation strategies in collaboration with senior deal team members.
Some of the responsibilities may be supported through the use of AI technologies, allowing greater focus on the following strategic areas:
- Developing comprehensive financial models and investment specific analysis
- Enhancing judgment around risk-adjusted returns across different market environments
- Identifying complex, high-conviction investment themes across different secondaries investment portfolios and structures
Qualifications
- Bachelor’s degree from an accredited institution is required.
- Concentrations in Finance, Economics, Business, or a quantitative discipline are preferred.
Professional Experience
- Minimum of 2 years of relevant experience in investment banking, private equity, private credit, or a similar transaction-focused environment.
- Demonstrated expertise in financial modeling, valuation, and transaction structuring.
- Exposure to complex investment scenarios such as leveraged buyouts, restructurings, or structured financings.
- Familiarity with conducting comprehensive due diligence and presenting investment recommendations.
- Excellent verbal and written communication skills; ability to distill and articulate complex ideas clearly and succinctly.
- Experience managing projects across multiple workstreams under tight timelines.
- Interest in understanding the business fundamentals of diverse industries.
Benefits/Compensation
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 $474 billion of assets under management and more than half of the AUM managed by women, across 660 investment vehicles as of September 30, 2025. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world's largest and most successful investment firms, with more than 2,400 professionals operating in 27 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 Carlyle AlpInvest - 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.
Salary : $150,000
