Private Debt/Direct Lending Intern - June 2025 in London

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.

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.

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:

• Final year of Master’s degree in Economics degree or Engineering (with applied finance) or Master’s degree in Corporate finance
• Duration: 6 to 12 month internship
• Start date: June/September 2025
• Fluency in both written and spoken English is required and mandatory
• Fluency in German is a plus
• A first experience in Leveraged Finance, DCM, M&A, Private Equity, Private Debt, or Debt Advisory with a focus on corporates (ideally mid-cap corporates/transactions) is required and mandatory.
• Knowledge of credit/risk, 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

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.

What We Offer:

• 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.