At CORDET I get to hear so many fascinating business stories from entrepreneurs and it is super exciting to follow these companies on their journeys as a private capital partner.
With 26 professionals across offices in London, Stockholm, and Luxembourg, CORDET is an alternative credit investor that provides bespoke and scalable financing solutions to smaller mid-market companies in Northern Europe. Since inception, CORDET has led investments totalling >€1.0bn of debt capital to support growth and business transformation. Example of Nordic investments include growth capital to Instabox, acquisition financing to support Adelis’s acquisition of Diakrit and growth financing to support CapMan owned PDSVision’s four international expansion acquisitions in Germany, the US and the UK. CORDET’s portfolio companies are often leaders in their respective market niches and benefit from structural growth dynamics, such as technological change, climate change, or ageing population. As an independent and nimble credit investor, we consider ourselves entrepreneurs who are looking to back entrepreneurs on their transformational growth journeys. Furthermore, CORDET has a strong commitment to Responsible Investment which we believe is instrumental for long-term value creation.
Internship and part-time positions available at CORDET in Stockholm
Currently investing from our second Fund and with offices in London, Stockholm, and Luxembourg, CORDET is an alternative credit investor that provides bespoke and scalable financing solutions to smaller mid-market companies in Northern Europe. Since inception, CORDET has committed and arranged gross debt capital of >€1.0bn with a primary focus on resilient businesses that generate between €2-15 million in EBITDA and are based in the UK, Ireland, the Nordics, DACH, or Benelux.
CORDET’s portfolio companies are often leaders in their respective market niches and benefit from mega trends, such as technological change, climate change, or the ageing population. Most of our investments are event-driven for e.g. acquisitions, add-ons, other growth plans, or refinancings. Structure and terms are tailored to the specific needs of borrowers with a flexible approach as the requirements of businesses may change over time.
CORDET aspires to act as a trusted, long-term partner, and is committed to enabling transformational growth for the companies we invest in. For example, we frequently provide follow-on capital to support the growth initiatives of our portfolio companies, be it through acquisitions or organic expansion plans.
Furthermore, CORDET has a strong commitment to Responsible Investment which we believe is instrumental for long-term value creation. Please read more about CORDET and our ambitions in our latest Responsible Investment report which can be found on our website.
About the role:
To support CORDET’s growing direct lending activities, we are currently looking for a highly motivated intern (full-time for at least two months, flexible start date) and part-time student (10-20 hours per week for at least three months, flexible start date) to join our Investment Team based in Stockholm. The positions will appeal to ambitious individuals interested in learning more about private debt at one of the fastest growing fund managers in Northern Europe. You will get exposure to all phases of the investment process from origination, credit analysis, and execution of new debt investment opportunities to subsequent monitoring activities. Your responsibilities will include the support on:
Analysis of new investment opportunities, including review of detailed due diligence materials and participation in management meetings
Preparation of financial models including cash flow analysis, debt sizing, and structuring
Preparation of investment committee memos
Monitoring activities with regard to existing portfolio companies
Bachelor’s student from second or third year or Master’s student
Analytical mindset and business acumen
Strong grasp of numbers, financial statements, and corporate finance concepts
Strong communication and interpersonal skills
Fluent in English and preferably in one additional local language of our key markets (Swedish, Finnish, Danish, Norwegian, German, Dutch)
Preferably with experience from prior internship or part-time position in finance or consulting
Please send your CV and Cover Letter outlining your motivation to firstname.lastname@example.org. We look forward to receiving your application by 15 October 2022.