AXA Investment Managers
AXA IM Prime - Private Debt/Direct Lending Intern (January '25)
Job Location
Puteaux, France
Job Description
At AXA IM, we act for human progress by investing for what matters, actively and responsibly. Join us and you'll build a career in a truly diverse, entrepreneurial organization. You'll be part of a mission to tackle some of the world's most stimulating challenges, pushing boundaries and exploring fresh ideas that aim to deliver long-term prosperity.
1. AXA IM
AXA Investment Managers (AXA IM) is a responsible asset manager, actively investing for the long-term to help its clients, its people and the world to prosper. Our high conviction approach enables us to uncover what we believe to be the best global investment opportunities across alternative and traditional asset classes, managing approximately €824 billion in assets as at the end of December 2022.
AXA IM is a leading investor in green, social and sustainable markets, managing €489 billion of ESG-integrated, sustainable or impact assets as at the end of December 2022.
We are committed to reaching net zero greenhouse gas emissions by 2050 across all our assets, and integrating ESG principles into our business, from stock selection to our corporate actions and culture. Our goal is to provide clients with a true value responsible investment solution, while driving meaningful change for society and the environment.
At end of December 2022, AXA IM employs over 2,600 employees around the world, operates out of 24 offices across 18 countries and is part of the AXA Group, a worldwide leader in insurance and asset management.
2. Description of the department
AXA IM Prime is the private assets one-stop platform of AXA IM, offering investments across private equity, infrastructure equity, private debt and hedge funds.
We offer diversified sources of private market returns through primaries, secondaries, co-investments, as well as NAV financing and GP minority stakes solutions.
Through partnerships with best-in-class fund managers, we tailor investment solutions for institutional investors and wealth managers that support long-term sustainable growth.
AXA IM Prime's team of seasoned investment professionals has a long history of meeting AXA group's ambitious investment targets whilst incorporating proactive ESG commitments and strict risk management criteria. AXA IM Prime oversees EUR30bn** of alternative assets, with EUR5bn** of commitments p.a. to further be deployed over the next 3 years.
3. The main responsibilities of the role
As an intern within the Private Debt team, you will support and assist in analysing potential investments opportunities (market analysis, due diligence support, financial modelling, valuation), as well as contributing to asset portfolio monitoring. Subject to deal flow, you will also have the opportunity to take part in meetings with origination partners and investors.
• Contribute to analysis of credit opportunities including review of information material and due diligence reports, and assess associated credit merits and key risks
• Preparation of comprehensive financial modelling (cash flow models and debt structures) together with sensitivity analysis and business valuation/debt coverage
• Assess appropriate debt structures and terms, including review of term sheets and credit term agreements
• Participate to the preparation of credit memos
• Contribute to the execution and closing of an investment, working closely with internal and external parties as appropriate
• Closely monitoring the financial performance of investments made and perform an adequate reporting and quarterly valuations on these
• Contribute to producing regular reporting documents for internal counterparties and external clients
• Maintain relationships with origination partners, management team of portfolio companies, sponsors, advisors and law firms
Your Profile
Share your unique experience
4. Profile
Education/Qualifications
- Final year of Master's degree in Economics degree or Engineering (with applied finance)
- Fluency in written and spoken English; Foreign languages (German, Nordics, Dutch, French) are a plus
- A first experience in Leveraged finance/ DCM, M&A, Private Equity or Transactions Services is required
- Knowledge of credit and financial analysis, cash-flow modelling and debt instruments
- Proficiency in Word, Excel, Powerpoint
Competencies/Soft Skills
- Strong integrity, self-starter individual with a positive can do attitude
- Team player mentality with capacity for intensive independent work
- Strong analytical skills
- Strong writing and presentation capabilities
5. What do we offer
- This internship is an excellent opportunity to discover an international working environment. Due to our leading position on the market you can gain a strong exposure to a variety of complex issues of an international asset manager.
- You will join a growing platform which will allow you to take-over real responsibilities rapidly
- Opportunity to be hired on a full-time basis after the internship
Please join us to realize your potential to drive progress, for yourself, our clients and the world in which we live. #JoinUs
About AXA
Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life? Here at AXA we strive to lead the transformation of our industry. We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things. In a fast-evolving world and with a presence in 64 countries, our 166,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 103 million customers.
About the Entity
At AXA IM we are investing with a clear purpose - to make the world a better place. We act for human progress by investing for what matters. Our conviction-led approach enables us to uncover what we believe to be the best global investment opportunities across alternative and core asset classes. We are already entrusted by our clients with more than €887 billion in assets.
AXA Investment Managers | Home | AXA IM Corporate (axa-im.com)
AXA IM is an Equal Opportunity Employer, and we encourage candidates with disabilities or any other protected characteristic to apply. We are committed to providing reasonable accommodation to qualified applicants and employees with disabilities, when needed, to apply for a position or to perform essential job functions.
Inclusion and Diversity | Careers | AXA IM Corporate (axa-im.com)
What We Offer
We are committed to offer you an environment where you can:
• Grow your potential: be part of a forward-thinking business with internal opportunities and personalized learning paths available to help constantly develop your skills and abilities.
• Shape the way you work: work for a company which is highly committed to providing flexibility & balance to its employees, offering you a large range of benefits (hybrid working, competitive health benefits, among many others.).
• Thrive within a diverse community: play a role within a responsible company that actively recognizes and values individual differences in a diverse and inclusive workforce.
• Move the world forward: join a responsible employer that acts in favor of societal and environmental causes as an investor, insurer and company, notably through the AXA Heart in Action association. As part of our commitment to sustainability and environmental responsibility, we will celebrate your arrival by planting a tree.
Location: Puteaux, FR
Posted Date: 11/5/2024
1. AXA IM
AXA Investment Managers (AXA IM) is a responsible asset manager, actively investing for the long-term to help its clients, its people and the world to prosper. Our high conviction approach enables us to uncover what we believe to be the best global investment opportunities across alternative and traditional asset classes, managing approximately €824 billion in assets as at the end of December 2022.
AXA IM is a leading investor in green, social and sustainable markets, managing €489 billion of ESG-integrated, sustainable or impact assets as at the end of December 2022.
We are committed to reaching net zero greenhouse gas emissions by 2050 across all our assets, and integrating ESG principles into our business, from stock selection to our corporate actions and culture. Our goal is to provide clients with a true value responsible investment solution, while driving meaningful change for society and the environment.
At end of December 2022, AXA IM employs over 2,600 employees around the world, operates out of 24 offices across 18 countries and is part of the AXA Group, a worldwide leader in insurance and asset management.
2. Description of the department
AXA IM Prime is the private assets one-stop platform of AXA IM, offering investments across private equity, infrastructure equity, private debt and hedge funds.
We offer diversified sources of private market returns through primaries, secondaries, co-investments, as well as NAV financing and GP minority stakes solutions.
Through partnerships with best-in-class fund managers, we tailor investment solutions for institutional investors and wealth managers that support long-term sustainable growth.
AXA IM Prime's team of seasoned investment professionals has a long history of meeting AXA group's ambitious investment targets whilst incorporating proactive ESG commitments and strict risk management criteria. AXA IM Prime oversees EUR30bn** of alternative assets, with EUR5bn** of commitments p.a. to further be deployed over the next 3 years.
3. The main responsibilities of the role
As an intern within the Private Debt team, you will support and assist in analysing potential investments opportunities (market analysis, due diligence support, financial modelling, valuation), as well as contributing to asset portfolio monitoring. Subject to deal flow, you will also have the opportunity to take part in meetings with origination partners and investors.
• Contribute to analysis of credit opportunities including review of information material and due diligence reports, and assess associated credit merits and key risks
• Preparation of comprehensive financial modelling (cash flow models and debt structures) together with sensitivity analysis and business valuation/debt coverage
• Assess appropriate debt structures and terms, including review of term sheets and credit term agreements
• Participate to the preparation of credit memos
• Contribute to the execution and closing of an investment, working closely with internal and external parties as appropriate
• Closely monitoring the financial performance of investments made and perform an adequate reporting and quarterly valuations on these
• Contribute to producing regular reporting documents for internal counterparties and external clients
• Maintain relationships with origination partners, management team of portfolio companies, sponsors, advisors and law firms
Your Profile
Share your unique experience
4. Profile
Education/Qualifications
- Final year of Master's degree in Economics degree or Engineering (with applied finance)
- Fluency in written and spoken English; Foreign languages (German, Nordics, Dutch, French) are a plus
- A first experience in Leveraged finance/ DCM, M&A, Private Equity or Transactions Services is required
- Knowledge of credit and financial analysis, cash-flow modelling and debt instruments
- Proficiency in Word, Excel, Powerpoint
Competencies/Soft Skills
- Strong integrity, self-starter individual with a positive can do attitude
- Team player mentality with capacity for intensive independent work
- Strong analytical skills
- Strong writing and presentation capabilities
5. What do we offer
- This internship is an excellent opportunity to discover an international working environment. Due to our leading position on the market you can gain a strong exposure to a variety of complex issues of an international asset manager.
- You will join a growing platform which will allow you to take-over real responsibilities rapidly
- Opportunity to be hired on a full-time basis after the internship
Please join us to realize your potential to drive progress, for yourself, our clients and the world in which we live. #JoinUs
About AXA
Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life? Here at AXA we strive to lead the transformation of our industry. We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things. In a fast-evolving world and with a presence in 64 countries, our 166,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 103 million customers.
About the Entity
At AXA IM we are investing with a clear purpose - to make the world a better place. We act for human progress by investing for what matters. Our conviction-led approach enables us to uncover what we believe to be the best global investment opportunities across alternative and core asset classes. We are already entrusted by our clients with more than €887 billion in assets.
AXA Investment Managers | Home | AXA IM Corporate (axa-im.com)
AXA IM is an Equal Opportunity Employer, and we encourage candidates with disabilities or any other protected characteristic to apply. We are committed to providing reasonable accommodation to qualified applicants and employees with disabilities, when needed, to apply for a position or to perform essential job functions.
Inclusion and Diversity | Careers | AXA IM Corporate (axa-im.com)
What We Offer
We are committed to offer you an environment where you can:
• Grow your potential: be part of a forward-thinking business with internal opportunities and personalized learning paths available to help constantly develop your skills and abilities.
• Shape the way you work: work for a company which is highly committed to providing flexibility & balance to its employees, offering you a large range of benefits (hybrid working, competitive health benefits, among many others.).
• Thrive within a diverse community: play a role within a responsible company that actively recognizes and values individual differences in a diverse and inclusive workforce.
• Move the world forward: join a responsible employer that acts in favor of societal and environmental causes as an investor, insurer and company, notably through the AXA Heart in Action association. As part of our commitment to sustainability and environmental responsibility, we will celebrate your arrival by planting a tree.
Location: Puteaux, FR
Posted Date: 11/5/2024
Contact Information
| Contact | Human Resources AXA Investment Managers |
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