London, England, United Kingdom Private Credit Full time

Description

Firm Profile

CVC is a leading global alternative investment manager focused on private equity, secondaries and credit with a global network of 25 local offices and €140 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 €38 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.

Role

As a Summer Intern within the Private Credit team, you will be involved in:

• Assisting the deal team in reviewing and recommending new investment opportunities;
• Conducting detailed business due diligence on potential investments;
• Developing integrated operating and financial forecast models;
• Supporting the deal team in preparing investment memos for CVC’s investment committee;
• Monitoring the financial performance of our portfolio companies, including reviewing; monthly/quarterly/annual operating statements/budgets and maintaining internal reporting;
• Preparing marketing materials and external client presentations.

Requirements

• Candidates pursuing an undergraduate or graduate degree with a minimum grade 2:1 (or equivalent);
• Full professional proficiency in English is required. Additional European languages are preferred;
• Basic notions 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;
• Right to work in the UK.

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

Other

Location: London.

The candidate should have the right to work in the UK.

Length: 3 month internship, from 24 June 2024 to 20 September 2024

We will contact those individuals for interviews deemed best suited for this exciting career opportunity.

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