2-Year Associate, AlpInvest Secondaries & Portfolio Finance

Location: New York, NY, United States

Base salary: $150,000 annually, plus potential annual discretionary incentive compensation.

Company

AlpInvest Partners is a global private equity investor wholly owned by hirify.global, investing across primary funds, secondary investments, co-investments, and private capital solutions.

What you will do

• Conduct company-level financial analysis across diverse industries and build fund-level and credit-like cash flow models.
• Prepare due diligence materials and investment committee proposals for complex transactions.
• Lead due diligence meetings and manage communications with internal and external stakeholders.
• Research and evaluate fund restructurings, secondary directs, spin-outs, NAV loans, GP financing, LP interest financings, and credit secondaries.
• Monitor existing investments through engagement with General Partners and participation in advisory board meetings.
• Develop independent investment theses and support transaction structuring and risk mitigation with senior deal team members.

Requirements

• Bachelor’s degree from an accredited institution.
• At least 2 years of relevant experience in investment banking, private equity, private credit, or a similar transaction-focused environment.
• Expertise in financial modeling, valuation, and transaction structuring.
• Exposure to leveraged buyouts, restructurings, or structured financings.
• Experience with comprehensive due diligence and presenting investment recommendations.
• Excellent verbal and written communication skills, with the ability to explain complex ideas clearly and succinctly.

Nice to have

• Concentration in Finance, Economics, Business, or a quantitative discipline.
• Interest in understanding the fundamentals of diverse industries.

Culture & Benefits

• Collaborative, flat-team environment with direct interaction with senior investment professionals.
• Global exposure and access to Carlyle’s resources and network.
• Retirement benefits, health insurance, life and disability insurance, paid time off, and paid holidays.
• Family planning benefits and wellness programs.
• Potential participation in an annual discretionary incentive program.
• AI tools support operational efficiency, decision-making, financial analysis, and investment execution while strategic judgment remains essential.