2026 Undergraduate Intern, U.S. Senior Loans

Summer Internship With Oaktree

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. Senior Loan strategy invests in broadly-syndicated, senior-secured loans or other senior, non-investment-grade debt. In most instances, the instruments we target constitute the most senior component in the borrower's capital structure. The strategy's focus is on U.S. dollar-denominated loans secured by first-priority liens in performing companies primarily within the U.S. Though it is less common, we may also invest in second lien loans, non-dollar-denominated loans, and secured or unsecured bonds, where we believe the value of the underlying business comfortably exceeds the value of our claim in a downside scenario.

Oaktree is seeking a summer intern with a 2028 expected graduation date to join the U.S. Senior Loans team. The intern will focus on transaction functions and portfolio management activities, while being part of our international internship program. As part of this program the intern will have contact with senior leaders and opportunities to participate in events in and outside of the Oaktree office.

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 :

Personal attributes :

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.