AXA Investment Managers
Alternative Credit - European Leveraged Loans & Private Debt Intern
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 Alts
AXA IM Alts is a global leader in alternative investments with over €185 billion of assets under management comprising c.€91 billion of primarily private real estate, over €85 billion of private debt and alternative credit, as well as c.€9 billion in Infrastructure and private equity.
We take a 360° approach to real estate & infrastructure investing with over €132 billion of assets under management in direct opportunities, held indirectly through debt and listed equities and via long term private equity investments into operating platforms. ESG is fully integrated into our investment decision making processes with our responsible investment approach anchored by the three key pillars of decarbonisation, resilience and building tomorrow.
AXA IM Alts employs over 830 people located in 17 offices around the world and serves the needs of more than 600 clients from Europe, North America, Asia Pacific and Middle East. We are the number one property portfolio and asset manager in Europe, and one of the largest worldwide.
We pride ourselves on fostering a culture of high performance, which means we seek to recruit and retain people who are not only technically qualified, but also open to the world, innovative and able to harness their unique perspectives and life experiences to support our success as a business.
2. Description of the department
The Leveraged Loans & Private Debt department is a cross-border debt platform (c. €10bn AUM) with an US team based in NYC and an European team based in Paris. Platform strategy is to invest primarily in the Broadly Syndicated Loans market (BSL), meaning rated Corporates issuing Term Loan B in a context of LBO transactions. Main investment vehicles relate to CLOs (Collateralized Loan Obligations), Open-Ended funds and specific mandates.
European strategy also includes private debt capacity to invest into Mid-Market LBO (Unitranches & banks' Term Loans) and Euro-Private-Placement (€-PP) transactions.
The team is organized between (i) Portfolio Managers in charge of funds management and trading & (ii) the Research / Analyst team responsible for the credit analysis and performance monitoring of invested positions.
3. The main responsibilities of the role (internship starting January 2025):
As an intern you will fully contribute to the investment process under the guidance of senior members, including:
• Assisting the team in the screening and selection process of investment opportunities
• Performing industry, business and financial analysis for new transactions
• Building and running cash-flow projection models
• Presenting opportunities during investment committees
• Performing regular monitoring of the performance of existing investments in portfolio
Your Profile
SHARE your unique expertise
4. Profile
Education/Qualifications
- Postgraduate studies in Finance, Management or Engineering
Experience
- Proven interest in Corporate Finance and familiar with LBO transactions
- Previous experience in either a Private Equity, M&A, Private Debt and/or High-Yield platform, Debt Origination or Syndication team, TS or Audit
Competencies
- Candidate must be efficient, proactive, well organised and have high attention to detail
- Candidate will be asked to demonstrate some degree of autonomy to be able to respond in a timely manner to urgent requests
- Excellent communication skills
- Team player, multi-tasking and ability to work under pressure, very thorough mind and capacity for synthesis
- Fluent in English
- Curiosity
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 Private Asset-backed Financing.
• You will be fully integrated to our team and you will have the opportunity to work together and discover other departments such as Risk Management, IT and Portfolio Controls
• You will join a growing platform which will allow you to take-over real responsibilities rapidly
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
W e 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 Alts
AXA IM Alts is a global leader in alternative investments with over €185 billion of assets under management comprising c.€91 billion of primarily private real estate, over €85 billion of private debt and alternative credit, as well as c.€9 billion in Infrastructure and private equity.
We take a 360° approach to real estate & infrastructure investing with over €132 billion of assets under management in direct opportunities, held indirectly through debt and listed equities and via long term private equity investments into operating platforms. ESG is fully integrated into our investment decision making processes with our responsible investment approach anchored by the three key pillars of decarbonisation, resilience and building tomorrow.
AXA IM Alts employs over 830 people located in 17 offices around the world and serves the needs of more than 600 clients from Europe, North America, Asia Pacific and Middle East. We are the number one property portfolio and asset manager in Europe, and one of the largest worldwide.
We pride ourselves on fostering a culture of high performance, which means we seek to recruit and retain people who are not only technically qualified, but also open to the world, innovative and able to harness their unique perspectives and life experiences to support our success as a business.
2. Description of the department
The Leveraged Loans & Private Debt department is a cross-border debt platform (c. €10bn AUM) with an US team based in NYC and an European team based in Paris. Platform strategy is to invest primarily in the Broadly Syndicated Loans market (BSL), meaning rated Corporates issuing Term Loan B in a context of LBO transactions. Main investment vehicles relate to CLOs (Collateralized Loan Obligations), Open-Ended funds and specific mandates.
European strategy also includes private debt capacity to invest into Mid-Market LBO (Unitranches & banks' Term Loans) and Euro-Private-Placement (€-PP) transactions.
The team is organized between (i) Portfolio Managers in charge of funds management and trading & (ii) the Research / Analyst team responsible for the credit analysis and performance monitoring of invested positions.
3. The main responsibilities of the role (internship starting January 2025):
As an intern you will fully contribute to the investment process under the guidance of senior members, including:
• Assisting the team in the screening and selection process of investment opportunities
• Performing industry, business and financial analysis for new transactions
• Building and running cash-flow projection models
• Presenting opportunities during investment committees
• Performing regular monitoring of the performance of existing investments in portfolio
Your Profile
SHARE your unique expertise
4. Profile
Education/Qualifications
- Postgraduate studies in Finance, Management or Engineering
Experience
- Proven interest in Corporate Finance and familiar with LBO transactions
- Previous experience in either a Private Equity, M&A, Private Debt and/or High-Yield platform, Debt Origination or Syndication team, TS or Audit
Competencies
- Candidate must be efficient, proactive, well organised and have high attention to detail
- Candidate will be asked to demonstrate some degree of autonomy to be able to respond in a timely manner to urgent requests
- Excellent communication skills
- Team player, multi-tasking and ability to work under pressure, very thorough mind and capacity for synthesis
- Fluent in English
- Curiosity
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 Private Asset-backed Financing.
• You will be fully integrated to our team and you will have the opportunity to work together and discover other departments such as Risk Management, IT and Portfolio Controls
• You will join a growing platform which will allow you to take-over real responsibilities rapidly
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
W e 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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