Manager, Fund Management Global Private Equity
Carlyle Investment Management, LLC

Position Summary

The Fund Management team is responsible for the operation of Carlyle's Global Private Equity and Global Credit funds. Managers within Fund Management are assigned to one or more investment funds and are responsible for supporting all aspects of the funds' operations including quarterly valuations, investment funding and execution, investor reporting, compliance, tax and legal matters as well as internal financial planning and analysis for associated business units.

Responsibilities

Valuations:

• Coordinate and review financial valuations and underlying support for fund portfolio companies prepared by investment teams. Coordinate with the investment team, Valuation Group, third-party valuation firm, and partnership accounting on quarterly valuation deliverables and reporting.
• Track and maintain appropriate controls and record-keeping
• Support the annual audit process by providing valuation support and detailed investment information

Transaction Support:

• Liaise with partnership accounting, fund management administrative consultants, fund counsel, tax, and fund coordination functions to support the process of transaction execution (new investments, exits, restructures) including documentation and administration, entity formation, transaction structuring, and managing external service providers regarding reporting requirements (as applicable)
• Oversee the process and timeline of borrowings, capital calls and distributions
• Review capital call/distribution and waterfall calculations

Fund Forecasting:

• Support the preparation of annual fund operating budgets and quarterly reforecasts, including reviewing portfolio company exit forecasts and coordinating updates to the operating revenue and expense projections. Perform quarterly budget-to-actual variance analysis
• Provide ad hoc forecasting analysis, including carry allocations and scenario modelling for Fund CFO and senior leadership

Fundraising:

• Coordinate with legal, compliance, investor relations and external counsel to support fundraising efforts for new funds and co-investment offerings, including preparation of marketing materials and preparation or review of responses to investor due diligence requests
• Support negotiations and legal review of fund documents
• Support FM aspects of fundraising (coordination of closings, entity formation and coordinating across teams for legal, tax, and investor diligence)

Reporting:

• Drive the timeline for quarterly investor reporting, including coordination with the investment teams and central reporting team on portfolio company deliverables and review of quarterly reports.
• Coordinate with the investment teams and partnership accounting on the preparation of the semi-annual IAC meeting materials
• Support Fund CFO and Segment CFO in reviewing key performance metrics, detailed data requests, preparing presentations, and ad hoc financial analysis
• Prepare / review responses to ad hoc investor requests

Qualifications

Knowledge, Skills, and Experience

• 5-7 years of prior experience in an analytical or financial role
• Analytical capabilities and an understanding of the accounting and financial principles related to private equity funds and the ability to apply the principles to the tasks at hand
• Strong and confident communication with Investment Professionals, Investor Relations Professionals, and other Investor Service team member (Internal) as well as Investors and Service Providers (External)

Education & Certificates

• Bachelor's degree in Accounting, Finance or Economics preferred

Professional Experience

• Advanced Microsoft Office (including Excel and PowerPoint) skills required
• Ability to work in a fast-paced and demanding environment and balance multiple tasks
• Significant overtime as well as availability outside of normal business hours required frequently, especially during quarterly valuation cycles, in connection with deal closings and during fundraising periods
• Self-starter and problem-solver
• Strong interpersonal skills a must
• Strong organizational skills and attention to detail required
• Demonstrated ability to work effectively as part of a team
• High level of integrity and ability to maintain confidentiality of sensitive and proprietary matters is essential

Company Information

The Carlyle Group (NASDAQ: CG) is a global investment firm with $382 billion of assets under management and more than half of the AUM managed by women, across 600 investment vehicles as of September 30, 2023. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world's largest and most successful investment firms, with more than 2,200 professionals operating in 28 offices in North America, South America, Europe, the Middle East, Asia and Australia. Carlyle places an emphasis on development, retention and inclusion as supported by our internal processes and seven Employee Resource Groups (ERGs). Carlyle's purpose is to invest wisely and create value on behalf of its investors, which range from public and private pension funds to wealthy individuals and families to sovereign wealth funds, unions and corporations. Carlyle invests across three segments - Global Private Equity, Global Credit and Investment Solutions - and has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation.

At Carlyle, we know that diverse teams perform better, so we seek to create a community where we continually exchange insights, embrace different perspectives and leverage diversity as a competitive advantage. That is why we are committed to growing and cultivating teams that include people with a variety of perspectives, people who provide unique lenses through which to view potential deals, support and run our business.

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