Private Credit Investment Intern

Corporate Finance, Leveraged Finance & Direct Lending

Sydney | Part-time (min. two days per week) | Paid position

About Epsilon Direct Lending:

Epsilon Direct Lending is an Australian-focused private credit investment manager with offices in Sydney and Melbourne.

We provide tailored corporate debt solutions to established Australian middle-market companies, with a particular focus on acquisition finance, leveraged finance and funding to support business growth. Our flexible investment mandate and committed capital allow us to provide financing to both private equity-backed and independently owned companies.

The Opportunity:

We are seeking an exceptional university student or recent graduate to join our Sydney investment team as a Private Credit Investment Intern.

This is a hands-on investment role offering exposure to the complete corporate lending lifecycle, from assessing and structuring current opportunities through to transaction execution and ongoing portfolio management.

Working within a lean and experienced team, you will contribute to live corporate lending transactions and work directly with Epsilon’s Founding Partners and senior investment professionals. You will develop practical skills across financial modelling, credit analysis, due diligence, transaction structuring and investment decision-making.

The role is suited to an ambitious candidate considering a career in private credit, investment banking, leveraged finance, corporate advisory, private equity or broader corporate finance.

Key Responsibilities:

Transaction Evaluation and Execution

- Assist in the review of new corporate lending opportunities and the preparation of initial screening analysis
- Analyse company financial performance, cash flow, capital structure and debt-servicing capacity
- Assist in building and reviewing three-statement financial models, cash flow forecasts and debt repayment scenarios to assess leverage, liquidity, covenant capacity and downside risks
- Undertake company, industry and market research
- Support commercial, financial, legal and other transaction due diligence
- Assist with transaction structuring, term sheet analysis and financing documentation
- Assist in prepare investment committee papers, financial analysis and presentation materials
- Participate in meetings with management teams, shareholders,



private equity sponsors and corporate advisers

Portfolio Management
- Monitor the financial and operating performance of portfolio companies
- Review management accounts, budgets, forecasts and covenant compliance
- Update portfolio company financial models, valuations and credit assessments
- Identify emerging performance trends, risks and potential opportunities
- Support ongoing engagement with management teams, advisers and other investment professionals
- Assist with amendments, refinancing processes and secondary transactions where relevant

Broader Firm Exposure
- Gain exposure to fund reporting, investor communications and institutional investment management
- Assist with the preparation of investor presentations, portfolio updates and other fund materials
- Support transaction-related research, data management and other priority projects across the firm

About You:

You will be a penultimate-year or final-year university student, or a recent graduate, seeking practical transaction and investment experience. You will ideally have:

- Strong academic achievement in finance, commerce, economics, accounting, mathematics, law or another relevant discipline
- A demonstrated interest in corporate finance, private credit, investment banking or private markets
- Strong financial accounting, analytical and numerical skills
- Experience building or reviewing financial models in Excel
- The ability to interpret financial statements and understand the key drivers of business cash flow
- Intellectual curiosity and a willingness to ask thoughtful questions
- A structured approach to solving complex problems
- Excellent written and verbal communication skills
- Strong attention to detail and a commitment to producing high-quality work
- The ability to manage multiple priorities and meet deadlines
- A collaborative approach and willingness to contribute within a lean team
- Strong proficiency in Microsoft Excel, PowerPoint and Word





Previous internship or work experience in corporate finance, accounting, investment banking, transaction services, private equity or investment management would be advantageous, but is not essential.

What Epsilon Offers:

- Meaningful exposure to live Australian corporate lending transactions
- Direct mentorship from Epsilon’s Founding Partners and senior investment professionals
- Practical experience across origination, financial analysis, due diligence, structuring, execution and portfolio management
- Development of financial modelling, credit analysis and investment judgement
- Exposure to senior management teams, business owners, private equity sponsors and corporate advisers
- A high level of responsibility within a lean, collaborative and growing investment team
- Insight into the broader operation of an Australian private credit investment manager
- Competitive remuneration
- Potential consideration for an ongoing or graduate analyst opportunity, subject to performance and Epsilon’s future requirements

Role Details:

- Location: Sydney
- Commitment: Two days per week (minimum)
- Commencement: November 2026
- Duration: To be agreed with the successful candidate
- Remuneration: Competitive
- Applications close: Friday, 30 October 2026

The working schedule can be structured around university commitments, although candidates will be expected to work from Epsilon’s Sydney office on agreed days.

How to Apply:

Please apply directly through LinkedIn and include:

- Your curriculum vitae
- A short cover letter explaining your interest in private credit and corporate finance, and why you are interested in joining Epsilon and what you hope to gain from the internship

Applications will be reviewed as they are received. Only shortlisted candidates will be contacted.

Joining Epsilon offers a rare opportunity to gain meaningful transaction and investment experience within a specialist Australian private credit manager. The successful candidate will contribute to live corporate lending opportunities, work closely with senior decision-makers and develop practical skills that provide a strong foundation for a career in private credit or corporate finance.

Epsilon Direct Lending is an equal opportunity employer.

For all enquiries, please contact [email protected]

📌 Private Credit Investment Intern (Southern Sydney)
🏢 Epsilon Direct Lending
📍 Southern Sydney