Private Credit / Venture Debt Intern (3-6 months)

About Openspace Ventures

Openspace is a leading multi-strategy investor with a focus on Southeast Asia. With over US$800M in committed capital from institutions and family offices globally, Openspace manages 7 funds which invest across the capital structure in Series A through to listed companies, and has Web3 exposure through our Ocular fund. With a wide-scale operations team and deep on-the-ground coverage, its 40+ professionals actively partner with portfolio companies to help build viable and responsible B2B and B2C businesses. Our portfolio includes GoTo, Kredivo, Pickup Coffee and Abacus Digital. Openspace is headquartered in Singapore, with active presence in Bangkok, Manila, Jakarta and Ho Chi Minh City.

Our Investment, Specialist Advisor and Corporate teams work together to drive greater value creation for our portfolio companies. We have decision makers on the ground in all the markets we invest in, which ensures close collaboration, effective deal sourcing as well as the ability to act decisively when opportunities arise.

Internship programme

The internship is with Openspace's private credit strategy, which looks to invest check sizes of US$5-25M. Target investment opportunities are mainly growth stage companies that are VC backed, PE backed or non-sponsored.

Openspace Internships aim to provide accomplished individuals with the experience of working with a leading buyside firm investing in regional companies. Over the course of 12 – 18 weeks, interns will have the opportunity to work alongside a highly dynamic and experienced team on a wide variety of projects.

As a Private Credit Intern, you will gain exposure to various aspects of Openspace's credit strategy across investing and fundraising.

Your Role & Responsibilities:

• Working with the team on assessing investment opportunities
• Preparing credit memos
• Financial modelling
• Conducting industry and sector analysis
• Assisting the team on ongoing due diligence
• Preparing presentations for internal/external purposes
• Assistance on fundraising collateral
• Other aspects of work on Openspace's credit strategy

What we look for:

• Prior internship experience at a private credit fund or leveraged finance team in a bank
• Major in finance or related disciplines
• Good academic track record
• Fluent in English
• Proactive, independent, and a self-starter who can manage competing deadlines, can drive conversations to a decision and can prioritize appropriately.

Practical details

• Location: Singapore
• Duration: 12 weeks (or longer subject to mutual agreement)
• Starting date: Mid August
• Compensation: Paid internship

What We Would Like to See:

Resume that highlights your relevant experience

Openspace Culture

• We recognize that our people are our strength and the diversity of thought and experience our people bring is directly linked to our success. We hold ourselves accountable as a firm for living our core values: Lively Minds, Live A Lot, Get It Done, Enter The Ring, Own It and Play As One.
• Openspace believes in giving team members autonomy to explore various new and exciting Ideas while still being focused on delivering returns for our Investors.
• Openspace is an equal opportunity employer and places a high value on diversity and inclusion at our company.

We greatly appreciate all candidates interest in this programme. Due to the volume of applications received, we seek your understanding that only candidates shortlisted for interviews will be contacted.

Disclaimer

The preceding job description has been designed to indicate the general nature and level of the work performed by interns within this classification. It is not designed to contain or be interpreted as the comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.