Senior Associate, Co-Investments, AlpInvest at Carlyle Investment Management, LLC in New York, New York

Posted in Other 9 days ago.

Job Description:

The Carlyle Group seeks to hire a Senior Associate or Vice President within the AlpInvest Co-Investment team.

AlpInvest Partners is one of the largest and well-established private equity investors globally, with nearly $75 billion committed to investments since inception. AlpInvest is wholly owned by The Carlyle Group and serves as the private equity multi-manager adviser within the Carlyle Investment Solutions business segment.

AlpInvest's activities cover a broad range of private equity, including Primary Fund commitments, Secondary Investments and Co-Investments. The firm's investments span the full spectrum of private equity: buyouts, venture, growth capital, energy, mezzanine, and distressed. AlpInvest offers customized private equity solutions to single clients through separately managed accounts as well as commingled funds. AlpInvest has a large and diverse base of about 400 investors globally, including sovereign wealth funds, public and private pension funds, insurance companies, and family offices.

AlpInvest's Co-Investment team invests directly in companies, providing both equity and mezzanine financing across the spectrum of private equity transactions alongside its GP partners. Investments are made globally across all industries and company stages by a team consisting of 80 investment professionals located in New York, Indianapolis, Amsterdam and Hong Kong.

The Co-Investment Program is designed to work alongside private equity GPs throughout the lifecycle of a deal. AlpInvest Partners engages early in the deal process and actively supports the lead sponsor underwriting a bid for portfolio company investments in addition to acting as a supportive partner in a post close syndication to finance buyouts. The team has invested $11 billion in over 270 transactions with 125+ private equity firms including Blackstone, KKR, CVC Capital, Apollo, TA Associates, Advent International, Permira, Thoma Bravo, Charlesbank, TSG Consumer, Hellman & Friedman, Nautic Partners, GTCR and Littlejohn.

Investments are made across various industries in both the middle-market and large buyout segments of the market.

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Knowledge and Experience
The target candidate will have a minimum of 5 and up to 10 years of experience, with prior experience in private equity investing. Successful candidates will be team players with the confidence to interact with general partners through frequent direct interaction and ability to thrive in a fast-pace and entrepreneurial environment. The target candidate's background will include:

  • Familiarity with leveraged buyouts and other private equity and debt transactions

  • Advanced financial modeling capability and ability to interpret financial metrics when analyzing investment opportunities

  • Experience with outside-in sector research and comparative analyses

  • Excellent verbal and written communication skills

Education and Certifications

  • BA required; MBA is a plus

Business Title

Senior Associate, Co-Investments, AlpInvest

Key Duties/

This hire will be a key member of the investment team working in a flat team environment directly with senior investment professionals. Key job functions include:

  • Lead evaluation and execution of transactions reporting to Managing Directors and Principals

  • Develop and mentor junior investment professionals and external advisors

  • Manage due diligence process and interview mgmt. teams

  • Determine appropriate valuations, legal/ tax structures and capital structures

  • Prepare memos and recommendations for investment committee

  • Negotiate transaction agreements and financing documents

  • Monitor existing portfolio companies through interactions with GPs and participation in board meetings and identify opportunities for performance improvement and value realization.

  • Prepare periodic investor updates and develop relationships with the Co-investment team's LP base and fundraising activities

Company Information

The Carlyle Group (NASDAQ: CG) is a global investment firm with $246 billion of assets under management and more than half of the AUM managed by women, across 397 investment vehicles as of December 31, 2020. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world's largest and most successful investment firms, with more than 1,800 professionals operating in 29 offices in North America, South 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.

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