Basic information

Job Name:

2-Year Analyst, Co-Investments

Location:

Hong Kong-AlpInvest Henderson

Line of Business:

Carlyle AlpInvest

Job Function:

Investment Professionals

Date:

Thursday, March 26, 2026

Position Summary

Carlyle AlpInvest seeks to hire an Analyst with a focus on co-investments. The Analyst is a two-year program (with optional 6 months extension). Located in our Hong Kong office and reporting to the Managing Director & Head of Carlyle AlpInvest’s co-investment effort in the Asia Pacific region, the Analyst is expected to play a key role in providing support in investment functions including financial modeling, valuation, analysis of private equity investments, preparation of investment recommendations, post-investment portfolio monitoring, as well as various ad hoc reports and projects as needed.

Responsibilities

Applying critical thinking and judgement in the review of PE investment opportunities
Constructing detailed financial models, performing industry and competitive analysis, and conducting investment or financial analysis to complete due diligence requests
Monitoring of on-going portfolio companies through interactions with GPs, and review of financial information
Developing relationships with GPs through annual meeting attendance
Preparing periodic investor updates and conducting analyses and support work in developing relationships with the Co-investment team’s LP base and fundraising activities
Support the senior members of the Co-investments team in the execution of transactions

Qualifications

Education & Certificates

Bachelor’s Degree in a business-related discipline (accounting, economics, etc.), with above average results

Professional Experience

· Minimum of 2 years of relevant work experience at an investment bank, private equity firm, management consulting or similar setting, with exposure of a wide range of transactions, valuation work and due diligence assignments

Competencies & Attributes

· Excellent written and spoken English is required

· Knowledge of Japanese is considered an advantage

· Proficiency in Excel, Word & PowerPoint, and savvy with technology

· Strong research and analytical skills as well as superior interpersonal communication and presentation skills

· Familiarity with financial modeling, valuation methodologies and accounting principles

· Ability to communicate confidently and effectively with individuals at all levels of the organization, including senior management

Company Information

The Carlyle Group (NASDAQ: CG) is a global investment firm with $477 billion of assets under management, across 678 investment vehicles as of December 31, 2025. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world's largest and most successful investment firms, with more than 2,500 professionals operating in 27 offices in North America, Europe, the Middle East, Asia and Australia.

Carlyle’s purpose is to connect people, ideas, and capital to fuel growth for companies and performance for 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 Carlyle AlpInvest – and has deep expertise across industries, markets, and geographies.

At Carlyle, we believe that a wide spectrum of experiences and viewpoints drives performance and success. Our CEO, Harvey Schwartz, has stated that, "To build better businesses and create value for all of our stakeholders, we are focused on assembling leadership teams with the strongest insights from a range of perspectives." Reflecting this view, emphasis is placed on development, retention and inclusion through our internal processes and seven Employee Resource Groups (ERGs). We cultivate a culture where ideas are openly shared and challenged, connecting diverse expertise and perspectives to drive enduring value.