Internship

France

Five Arrows

Long Term Internship

6 months

This Paris-based 6-month internship starting in September 2025 is an exciting opportunity to intern with Five Arrows Growth Capital (FAGC) which is part of the Rothschild & Co’s corporate private equity business. FAGC currently deploys its first investment vehicle of €450 million through growth investments and small-cap buy-outs in fast-growing European SMEs and will then invest in the same type of companies in both Europe and the US through its second €1bn investment vehicle. FAGC focuses on the following verticals: data & software (e.g. investments in Kpler, Padoa, KidsKonnect, Agilio, Intact Systems), healthcare (e.g. Biophorum, Schivo Medical) and technology-enabled business services. These enterprises have robust market positions and their business activity and business model allow to have a clear visibility on their operational and financial performance.

Responsibilities :

This internship provides an insight into all aspects of direct investment in growth equity:

• Evaluating potential investment targets through primary and secondary research: organization of expert calls and presentation of opportunities by the intern to the team
• Understanding of the business model and competitive landscape of potential targets in line with FAGC’s investment strategy
• Financial analysis, valuation and modelling for both minority investments and LBOs
• Participating in the preparation of investment committees
• Portfolio monitoring (financial reporting, review of build-up opportunities etc.)

Qualifications and skills required :

• Strong interest in growth capital and the tech and healthcare sectors
• Strong analytical and summary skills, solid understanding of financial concepts (financial analysis, valuation, LBO operations and returns)
• Enthusiasm, curiosity, autonomy, rigor and team spirit
• Fluency in both French (native) and English
• Advanced knowledge of Excel and Powerpoint
• Previous experience in top-tier private equity, M&A, strategy consulting, corporate finance in healthcare or tech, or transaction services.