Private Credit Summer Analyst
Company Description: MidCap Financial Services, LLC (“MidCap”) is a specialty finance company with principal offices in Washington, D.C. (Bethesda, MD), New York City, Chicago and Los Angeles that invests in debt securities of middle-market companies across all industries. MidCap is part of the $850 billion credit platform of Apollo Global Management, a leading publicly traded asset manager of private credit and private equity investments. MidCap is expanding rapidly, with a portfolio of over 500 borrowers.
MidCap invests its own capital as well as capital managed on behalf of leading sovereign wealth funds, insurance companies and pension funds. MidCap provides a broad array of corporate and real estate debt products to finance both acquisitions and the growth and working capital needs of middle-market companies. Most companies financed by MidCap are owned by private equity or venture capital firms or other sophisticated institutional investors, with meaningful exposure to public companies.
As of June 30, 2026, MidCap Financial provides administrative or other services for approximately $62 billion of commitments*.
*Including $7.1 billion of commitments managed by MidCap Financial Services Capital Management LLC, a registered investment adviser, as reported under Item 5.F on Part 1 of its Form ADV
Job Description: Assist with underwriting and/or managing existing investment activity and maintaining relationships with clients. Interns will learn how to prepare investment memos, build financial models, and perform in-depth financial analysis on a regular basis. The Intern will also gain exposure to all areas of the business, including the financing process, syndication and capital markets activity, and legal document negotiation. Frequent interaction with clients and MidCap senior management is a unique feature of the position.
Skills required:
- A strong quantitative and analytical background. Knowledge of and experience with basic accounting and financial principles is recommended.
- Excellent oral and written communication skills. The position entails frequent communication with c-suite executives of our borrowers, as well as with MidCap senior management to discuss performance of underlying investments, evaluate opportunities and make supported, well-informed investment recommendations.
- Ability to manage multiple projects independently and assume a high level of responsibility and accountability
- Ideal candidate will have keen attention to detail and is a self-starter
Prerequisites:
- Strong academic record; business-related major or minor required
- Proficiency in Microsoft Excel, PowerPoint, and Word
- Graduation date no later than May 2028