Private Equity Associate: Secondaries & Portfolio Finance

The Carlyle Group; New York (NY); On-site; USD 135,000 - 165,000; Full time

Benefits offered by this job

Competitive base salary

Comprehensive benefits package

Discretionary incentive program

Job summary

AlpInvest Partners, part of The Carlyle Group, seeks an Associate to join the Secondaries & Portfolio Finance Investments team in New York. The role centers on financial modeling, due diligence, and structuring across private equity opportunities, with a collaborative, flat team environment and exposure to global resources.

The Associate will analyze complex investment opportunities, develop independent views, and support innovative financing solutions, including NAV loans and LP/GP structures,

Qualifications

• 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.

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.

Skills

Financial modeling

Valuation

Transaction structuring

Due diligence

Quantitative analysis

Communication

Education

Bachelor's degree in Finance, Economics, Business, or quantitative discipline

Tools

Excel

Job description

AlpInvest Partners, part of The Carlyle Group, seeks an Associate to join the Secondaries & Portfolio Finance Investments team in New York. The role centers on financial modeling, due diligence, and structuring across private equity opportunities, with a collaborative, flat team environment and exposure to global resources.

The Associate will analyze complex investment opportunities, develop independent views, and support innovative financing solutions, including NAV loans and LP/GP structures,