Junior Analyst Intern - Private Credit, Portfolio Management (London) - 2024
CVC Credit Partners, United Kingdom

CVC is a leading global alternative investment manager focused on private equity, secondaries and credit with a global network of 25 local offices and 188 billion of assets under management.

Established in 2005, CVC Credit Partners is the dedicated credit arm of CVC. The business invests in companies across the sub-investment grade corporate credit markets in Europe and North America, with a strong focus on downside protection through active risk management. It provides investors with a broad range of opportunities to meet their investment criteria through dedicated vehicles and investment solutions for both performing and non-performing credit assets. These investment vehicles benefit from the broad experience of the local investment teams, as well as the unique access to the accumulated knowledge within the broader CVC platform.

CVC Credit manages over 40 billion of commitments from its investment partners, principals and employees.

The Private Credit team offers privately-negotiated senior secured and unitranche loans to established European companies as well as capital solutions to established European and US medium and large companies. This includes providing primary junior capital (mezzanine, PIK and preferred equity) to good quality companies and in periods of dislocation, investing in attractive secondary opportunities.

This is a 6 month internship from 1 July 2024 - 20 December 2024.

As a Junior Analyst Intern in the Portfolio Management function within Private Credit team,, you will be involved in:

· Assisting with ongoing monitoring and complex analysis of portfolio assets, including:

o Reviewing monthly/quarterly/annual operating statements/budgets and maintaining internal reporting of financial performance

o Contributing to quarterly fund valuations and reporting to investors, and

o Providing analytics for internal and external use.

· Conducting detailed business due diligence on existing portfolio companies;

· Supporting the team in developing operating and financial forecast models and preparing investment memos for CVC’s investment committee.

Requirements

· 6-12 months of relevant work experience/prior internships. Candidates with prior experience in credit funds, debt advisory, private equity, investment banking incl. Mamp;A, leveraged finance and corporate finance, restructuring or restructuring or portfolio management are preferred;

· Candidates due to graduate from a master’s degree (or equivalent) from a leading university, with a minimum grade 2:1 (or equivalent);

· Full professional proficiency in English is required. Additional European languages are preferred;

· Knowledge of financial analysis and accounting;

· Ability to work independently and as part of a team; actively seeking out new areas of responsibility;

· Excellent analytical, problem solving, presentation, communication, and writing skills;

· Proficiency in Word, PowerPoint, Excel.

Personal Characteristics

CVC seeks to hire individuals who are highly motivated, proactive, intelligent, and have demonstrated excellence in prior endeavours. The successful candidate should demonstrate the following personal characteristics:

· Actively supports team working with proactive communication; goes the extra mile to complete a task; maintains confidentiality

· Shares knowledge and experience to support colleagues

· Displays effective problem solving capability; is able to analyse technical information and understands the associated costs, risks and benefits of change

· Has a sound knowledge of technical specialism; independent advice to colleagues; is proactive in making recommendations and adapting to business needs

· Effectively manages own work load to deliver against objectives.

· Ensures controls are effective and risk management is in place within their remit

· A strong commitment to Diversity, Equity, and Inclusion

To apply please complete the application form and provide a cover letter of no more than 500 words, along with your CV.

Job Rewards and Benefits