What are the responsibilities and job description for the 2-Year Associate, AlpInvest Secondaries - Portfolio Finance and Credit Secondaries (Summer 2026) position at The Carlyle Group?
Basic information
Position Summary
Secondary & Portfolio Finance Investments Team Overview
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) with a primary focus on ASPF transactions, and are responsible for due diligence, analysis and developing an initial and independent view of each investment.
Responsibilities
- Evaluate a diverse range of private equity and credit investment opportunities across secondary and portfolio finance transactions
- Perform advanced financial modeling including company-level, fund-level, and GP-level cash flow projections
- Lead and coordinate aspects of transaction due diligence including preparation of detailed due diligence request lists
- Prepare investment memoranda and presentation materials for internal investment committees
- Develop and present independent views on investment opportunities using market research and proprietary analysis
- Interface directly with general partners, intermediaries, and other stakeholders to develop insights into deal opportunities
- Monitor performance of existing investments including reviewing reports and attending advisory board and GP meetings
- Contribute to internal knowledge development and team training through research, sharing of lessons learned, and post-mortem review
Many 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 required; fields of study in finance, economics, or accounting preferred
Professional Experience
- Minimum of 2 years of experience in investment banking, private equity, or private credit
- Exposure to complex transaction structuring, due diligence processes, and financial modeling
- Demonstrated ability to analyze a variety of industry sectors and credit structures
- Strong written and verbal communication skills with the confidence to interact across seniority levels
- Experience with fund or asset-level valuation including NAV and cash flow-based assessments
- Familiarity with legal structuring, transaction execution, and risk assessment in private markets
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 $465 billion of assets under management and more than half of the AUM managed by women, across 652 investment vehicles as of June 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 2,300 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
