Analyste stagiaire – Private Debt Investment

Job Description

Stage – Analyste en Private Debt / Private Credit | Rothschild & Co

The Tone:
This is a full-time, six-month internship, starting in January 2027, at Five Arrows, the private equity arm of Rothschild & Co, located in France. Five Arrows is experiencing significant development, having grown its assets under management from €2 billion in 2010 to over €30 billion currently. This role is crucial for assisting the investment teams of the Five Arrows Debt Partners III (€1.4 billion fund) and IV (€2.4 billion fund) private debt funds. These funds are dedicated to senior, unitranche, and subordinated debt investments in mid-sized European companies, supporting LBOs, growth financing, debt refinancing, or capital restructuring. The intern will contribute directly to the analysis, execution, and monitoring of these diverse and impactful private debt investment opportunities.

The TL;DR
• Role: Internship
• Type: Full-time
• Location: In-person, France
• Team: Investment teams of Five Arrows Debt Partners III (FADP III) and Five Arrows Debt Partners IV (FADP IV)
• Mission: Assist investment teams in studying, executing, and monitoring private debt investments across senior, unitranche, and subordinated debt, for mid-sized European companies involved in LBOs, growth financing, refinancing, or capital restructuring.
• Tech Stack: Excel, PowerPoint

What You’ll Actually Do
• Market Analysis: Analyze the market, competitive environment, and business models of potential target companies.
• Financial Assessment: Conduct detailed financial analysis of P&L, Balance Sheet, Cash-flows, and cost structures.
• Due Diligence Support: Evaluate Due Diligence reports and actively participate in expert calls.
• Financial Modeling: Model business plans, identify key value creation levers, perform LBO financial modeling, and analyze return prospects.
• Investment & Portfolio Oversight: Participate in the preparation of investment committees and monitor the portfolio, including financial reporting and performance calculation.

The Must-Haves
• Background: Master’s Degree candidate (final year or second part of a gap year), Entry-Level. Strong understanding of financial concepts related to Private Equity, LBO mechanics, and financial modeling techniques.
• Experience: Not explicitly stated in years.
• Skills: Strong analytical and synthesis capabilities, curiosity, autonomy, rigor, and strong team spirit. Fluent in both French and English. Advanced proficiency in Excel and PowerPoint.
• Bonus: A first experience in Private Debt/Equity, M&A, consulting, corporate finance, transaction services, or generally in finance is appreciated.