Internship - Credit Research - January 2022
Tikehau Capital

Internship - Credit Research - January 2022

  • Internship (6 months (Start date Jan. 2022))
  • Paris (France)
  • Published on September 13 2021

Company

Tikehau Capital is a global alternative asset management group with €30.9 billion of assets under management (30 June 2021).

Tikehau Capital has developed a broad range of expertise in four asset classes (private debt, real assets, private equity, capital markets strategies) as well as strategies focused on multi-asset solutions and special situations.

Led by its co-founders, Tikehau Capital has a differentiating business model, a strong balance sheet, privileged access to global transaction opportunities and a solid track record in supporting high quality companies and executives.

Deeply rooted in the real economy, Tikehau Capital provides innovative, tailor-made alternative financing solutions to the companies it invests in, and is committed to creating long-term value for its investors. With significant equity capital (€2.8 billion as of 31 December 2020), the Group invests its capital alongside its investor-clients in each of its strategies.

Controlled by its management, alongside leading institutional partners, Tikehau Capital is guided by a strong entrepreneurial spirit and DNA, shared by its 629 employees (as of 30 June 2021) spread across its 12 offices in Europe, Asia and North America.

The integration of ESG criteria is at the heart of the Group's asset management and investment strategy. At Tikehau Capital, we are proud of our inclusive working style and culture and believe that diversity and openness are key to thriving in a dynamic environment.

Tikehau Capital is listed on the Euronext regulated market in Paris, Compartment A (ISIN code: FR0013230612; Ticker: TKO.FP)

For more information: www.tikehaucapital.com

Missions

In this business unit, activities are carried out through open-ended funds, which invest in bonds issued by public or private companies throughout the ratings spectrum (investment grade or high yield securities). For each investment, the team performs an intensive due diligence that focuses on a constant interchange between their top-down view (directional market analysis leading to a sector screening) and their bottom-up view (fundamental analysis of each issuer leading to a selection of the securities to be held on portfolio). In addition, for each issuer, the team evaluates ESG risks and opportunities to ensure that the investments comply with the relevant Group policy.

 

Within the Fixed-Income Credit Research Team, you will be in charge of assisting the analysts to perform their investment recommendations for high-yield bonds:

  • Business and financial profile of issuers;

  • Financial modelling;

  • Relative value analysis;

  • Quarterly monitoring of a portfolio of selected issuers;

  • Participation to roadshows and other investor events;

  • Regular meetings with the Research and Portfolio Management Teams.

Profile

•      Degree in Finance/Economics/Business or related fields,

•      Strong knowledge of financial analysis (P&L, Balance Sheet and Cash Flow statements),

•      Good expertise in Excel (experience with VBA is a plus),

•      Fluent in English,

•      Flexible and adaptable, strong team player,

•      Previous internship experience in related field is required,