Carlyle Liability Management Group

Can someone shed some light on this group and what exactly they do?


Here's some brief description of the team and role:

"This person should have experience in establishing and managing various leveraged facilities.  The Associate will be primarily focused on fund financing."


Responsibilities include, but are not limited to: 

  • Maintaining existing leverage facilities
  • Working closely with various portfolio managers and other team members within Global Credit to determine specific leverage needs for the business
  • Determining optimum leverage solutions, working in coordination with finance providers and legal counsel
  • Creating and negotiating term-sheets and credit agreements
  • Performing financial analysis and data requests
  • Creating marketing presentations
  • Working closely with our Portfolio Managers and finance providers to ensure best execution
  • Servicing our Credit teams in order to provide optimum leverage solutions
 
Most Helpful

This sounds like a junior role in Carlyle's capital markets team. Basically an internal lev fin group working for PE instead of on the bank side. I'd imagine this role is partially related to the large volume of lender negotiation type work that popped up during early COVID for sponsor PortCos.

Potential Pros:

Compared to traditional lev fin, this seems like a cool role where you are taking a more tangible role in investment execution

Role will likely require interfacing directly with or through a senior with a bank's lev fin team to push them on fees etc

I may have misunderstood the description, but the above would apply if this is for deal execution / portfolio management. If they are actually referring to fund financing, many PE funds are looking into esoteric financing structure to better allow new parties to invest in funds. The megafunds are looking at / doing collateralized fund deals to better raise money from insurance companies vs traditional LPs. This lowers the cost of capital for the fund. This is likely the future of megafund private equity but the role will kind of be like a firm strategy and execution role within the firm.

Hope this is helpful, I don't know anyone personally is this type of role but have met senior people (MDs) that have gone from traditional lev fin to capital markets at a PE firm.

 

Ipsam sit quis adipisci vel. Cum beatae quo et eveniet. Dolores consequatur quod quibusdam tempore ipsum esse ipsa.

Laboriosam error cupiditate molestiae cupiditate et atque. Itaque enim nemo corrupti sint ut distinctio. Eius accusamus aperiam non nam. Corrupti cum sit est quis. Ut ullam ratione eligendi est totam corporis. Maxime ea et labore libero nihil dolore alias.

Et iusto quos recusandae facere id consequatur. Distinctio odio odit recusandae. Omnis soluta vitae repudiandae qui beatae totam.

Career Advancement Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Warburg Pincus 99.0%
  • Blackstone Group 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

March 2024 Private Equity

  • Principal (9) $653
  • Director/MD (21) $586
  • Vice President (92) $362
  • 3rd+ Year Associate (89) $280
  • 2nd Year Associate (204) $268
  • 1st Year Associate (386) $229
  • 3rd+ Year Analyst (28) $157
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (313) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”