Capital Solutions Analyst

COMPANY OVERVIEW

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries.

TEAM OVERVIEW

KKR's European Capital Solutions team sits within KKR's Credit & Markets platform and focuses on originating, underwriting, structuring and executing privately negotiated credit and hybrid capital investments across four complementary strategies:

Private Credit: Senior and junior debt strategies providing flexible financing solutions to high-quality upper middle-market and large-cap businesses, typically with EBITDA of €50m+, operating in resilient sectors with strong cash generation. Investments span the capital structure, including senior secured loans, second-lien debt, holdco PIK and preferred equity.

Strategic Investments: Flexible global strategy operating at the intersection of private equity and credit, providing bespoke capital solutions to mid-to-large-cap companies to facilitate growth. Investments combine equity upside participation with robust contractual downside protection, through structured minority equity, convertibles and other hybrid instruments.

High-Grade Equity Capital: Dedicated strategy focused on originating large-scale, bespoke high-grade equity investments for KKR's insurance and long-duration capital base, including Global Atlantic. Focuses on complex corporate transactions requiring differentiated financing and structuring solutions.

POSITION SUMMARY

KKR is seeking to hire Analysts and Associates to join its European Capital Solutions team in London.

The successful candidate will play an integral role in evaluating, executing and monitoring investments across the team's strategies, working closely with senior investment professionals in small deal teams.

The role offers an opportunity to gain broad investment experience across both credit and equity, with exposure to a variety of businesses, industries, transaction structures and risk-return profiles.

Analysts and Associates will be actively involved in all stages of the investment process, including financial modelling, company and industry research, due diligence, investment committee presentations, transaction execution and portfolio management. The team executed approximately 40 transactions in 2025 across its strategies.

A key focus of the role is developing a deep understanding of businesses and forming independent investment views on whether, and on what terms, KKR should commit capital. Team members are expected to assess how companies make money, what differentiates them from competitors, the sustainability of their financial performance and the key risks and opportunities associated with potential investments.

The team's lean structure provides junior professionals with meaningful responsibility, direct exposure to senior investors and the opportunity to contribute actively to investment discussions from an early stage.

The ideal candidate will demonstrate strong analytical capabilities, intellectual curiosity, commercial judgement and a genuine passion for investing, with the ambition to develop into a well-rounded investment professional.

WHAT THE ROLE OFFERS

Broad investment exposure: Opportunity to develop expertise across the capital structure, combining credit underwriting with equity-style business analysis and investment judgement.

Meaningful responsibility: Active involvement in all stages of the investment lifecycle, with the opportunity to take ownership and contribute to investment decisions from an early stage.

High-quality transaction experience: Exposure to significant and complex transactions involving leading businesses, financial sponsors and corporate counterparties.

Direct exposure to senior investors: Opportunity to learn from and work closely with experienced investment professionals in small, collaborative deal teams.

Long-term development: An intellectually stimulating environment focused on developing the analytical, commercial and interpersonal capabilities required to become a successful investor.

RESPONSIBILITIES

Investment Analysis and Underwriting – Evaluate new investment opportunities, developing a detailed understanding of prospective portfolio companies, including their business models, competitive positioning, industry dynamics, financial performance and growth prospects.

Conduct in-depth company and industry research, analysing market trends, competitive dynamics, financial and operational data to identify key investment considerations.

Build and maintain detailed financial models, including integrated financial forecasts, cash flow projections, valuation analyses, capital structures and investment returns.

Develop multi-scenario financial forecasts and sensitivity analyses, including downside and stress cases, to assess business resilience, leverage capacity, downside protection and potential investment upside.

Develop and refine investment theses, assessing business quality, key risks and mitigants, and forming independent investment views and recommendations on a transaction's attractiveness, appropriate investment structure and risk-adjusted returns.

Due Diligence and Transaction Execution – Participate in all aspects of commercial, financial, operational and legal due diligence, identifying key areas of focus and analysing findings to support investment decisions.

Engage with company management teams, financial sponsors, consultants, industry experts and other external advisors throughout the investment process.

Prepare investment screening materials, detailed investment committee memoranda and presentations, and contribute to communicating and defending investment recommendations in internal discussions.

QUALIFICATIONS

Typically 1–3.5 years of relevant experience, with flexibility depending on individual experience and capabilities.

Relevant experience in investment banking, private equity, private credit or other principal investing roles.

Strong academic record, including an undergraduate degree or equivalent qualification.

Excellent financial modelling, accounting, valuation and analytical skills, with a strong understanding of corporate finance and financial statements.

Fluency in English; additional European language skills are advantageous.

CRITICAL COMPETENCIES FOR SUCCESS

Investment Judgement and Commercial Acumen – Genuine interest in understanding businesses, how they operate, compete and create value.

Ability to assess both credit downside risks and potential equity upside, challenge assumptions and develop independent investment views.

Analytical and Problem-Solving Skills – Strong quantitative capabilities, intellectual curiosity and ability to analyse complex information, identify key issues and develop well-reasoned conclusions and practical solutions.

Communication Skills – Excellent written and verbal communication skills, with the ability to clearly articulate investment theses, present financial and commercial analysis, and communicate and defend investment recommendations.

Initiative and Ownership – Highly motivated self-starter with a strong work ethic, attention to detail and the ability to take ownership of workstreams, manage competing priorities and perform effectively in a fast-paced environment.

Collaboration and Interpersonal Skills – Strong team player with the