2026 Undergraduate Intern, U.S. Private Debt

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.  

The U.S. Private Debt strategy seeks to achieve attractive, risk-adjusted absolute returns by originating or participating in the syndication of performing debt issued privately by U.S. borrowers. Initially focused on mezzanine financings, the strategy has evolved to include directly originated senior loans. The key elements of our approach include working with experienced management teams and strong equity sponsors, conducting thorough due diligence for every transaction, avoiding overpriced transactions, targeting conservative deal structures, participating in company governance (through board seats or observer rights) and actively monitoring investments to stay ahead of potential credit issues. 

 
For additional information please visit our website at www.oaktreecapital.com. More information about our summer development program can be found here.  Applications will be open through December 12, 2025, and candidates can submit a maximum of three applications.  Please note, we are currently unable to provide sponsorship for our summer internship positions. This includes STEM OTP, H1-B, and other employment-based immigration cases.

Participation in our summer program does not guarantee future employment. 

The Role 

Oaktree is seeking a summer intern with a 2028 expected graduation date to spend 10-weeks within our U.S. Private Debt team.  

The Interns 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 

• Assisting in conducting deal structuring, legal documentation, negotiations and post-closing deal monitoring 

Qualifications 

• Knowledge of financial modeling 

• Exceptional analytical skills 

• Strong capabilities in Excel 

Personal Attributes