Oaktree Capital Management, L.P.
2026 Undergraduate Intern, U.S. High Yield Bonds
Our Company
Oaktree is a leader among global investment managers specializing in alternative investments, with about $200 billion in assets under management. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets, and listed equities. The firm has over 1200 employees and offices in 24 cities worldwide.
Our philosophy and approach to high yield bond investing has not changed since our Co-Chairman, Howard Marks, and Sheldon Stone, co-founding Principal and Portfolio Manager of our U.S. High Yield Bond strategy, began working together in the early 1980s: we employ a highly disciplined, credit-intensive research approach to construct a well-diversified portfolio of performing bonds of creditworthy North American corporations. All of our efforts are concentrated in gauging credit risk and avoiding problems.
For additional information please visit our website at www.oaktreecapital.com. More information about our summer development program can be found here. Participation in our summer program does not guarantee future employment.
The Role
Oaktree is seeking a summer Intern with a 2027 or 2028 expected graduation date to spend 10-weeks on your U.S. High Yield Bonds Team. The Intern will participate in a formal modeling and valuation training curriculum and focus on transaction functions and portfolio management activities.
Responsibilities include:
Assisting the team in preparing detailed financial models
Aiding in performing quantitative and qualitative analysis
Developing and maintaining business and industry due diligence
Supporting the group’s investment research process
Qualifications
Knowledge of financial modeling
Exceptional analytical skills
Strong capabilities in Excel
Personal Attributes
Self-motivated with strong attention to detail and excellent work ethic
Outstanding initiative and a self-starter
Excellent written, verbal, and interpersonal communication skills
Team-oriented and collaborative and must possess strong integrity and professionalism
Education
Currently pursuing a Bachelor’s degree with a high GPA from a university or college.
Summer Stipend
$43/hour
Equal Opportunity Employment Policy
Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.
For positions based in Los Angeles
For those applying for a position in the city of Los Angeles, the firm will consider for employment qualified applicants with a criminal history in a manner consistent with applicable federal, state and local law.
Top Skills
Oaktree Capital Management, L.P. Los Angeles, California, USA Office
333 South Grand Avenue, Los Angeles, CA, United States, 90071
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