Liquid Credit Intern - London

Overview

We are seeking a high-performing intern to join the Liquid Credit Team in London for a 6–12 month internship commencing in April, with the opportunity for conversion to a full-time role based on performance. This is a front-office investment role within one of the world’s leading private markets firms, offering direct exposure to senior investors and live credit transactions across European Term Loan B and High Yield markets.

The Role

As an intern, you will work directly with senior credit analysts and portfolio managers across the full investment lifecycle. You will gain hands-on exposure to underwriting, portfolio monitoring, and investment committee processes.

Key Responsibilities

• Support the underwriting of new investments in Term Loan Bs and High Yield bonds, primarily sponsor-backed businesses
• Build and maintain financial models to assess leverage, cash flow generation, and downside protection
• Contribute to investment committee materials, including financial analysis and risk assessment
• Monitor existing portfolio companies, including quarterly results analysis
• Involvement in investment committee meetings, including minute taking
• Assist with ad hoc analytical projects across the portfolio

This is a high-responsibility role with meaningful exposure to live transactions.

What We Expect

We are looking for an intellectually curious, commercially minded candidate who thrives in an entrepreneurial, high-performance environment.

Qualifications & Experience

• Recent graduate from a top-tier university
• Strong academic track record
• Prior internship experience in investment banking, leveraged finance, corporate finance, restructuring, or credit investing preferred
• Advanced Excel and financial modelling capability
• Excellent analytical, organisational, and communication skills
• High attention to detail and ability to manage multiple workstreams under time pressure
• Self-starter with strong ownership mentality

What We Offer

• Direct exposure to senior investors within a leading global private markets platform
• Steep technical learning curve in leveraged credit underwriting
• High degree of responsibility and autonomy from day one
• Competitive salary with performance-related compensation model
• 25 vacation days
• One-month paid sabbatical after every five years of service
• Lunch allowance
• Fun office and team events, including volunteer opportunities to connect with and help local communities
• Health and dental insurance, cycle to work scheme, and competitive pension contributions
• Opportunity for conversion to a full-time role based on performance and business needs