Internship - Investment Analyst – Five Arrows Growth Partners – January / March 2026
- Location
- Paris
- Date
Division: Five Arrows
Programme: Long-Term Internship
Duration: 6 months
This Paris-based 6-month internship starting in January or March 2026 is an exciting opportunity to intern with Five Arrows Growth Partners (FAGP - formerly known as Five Arrows Growth Capital), which is part of Rothschild & Co’s European corporate private equity business.
The FAGP team (with offices in Paris, London, NY and SF) currently deploys its second investment vehicle (€1bn+) through growth investments and small cap buy-outs in fast-growing SMEs, in Europe and North America. FAGP focuses on the following verticals: data and software (Kpler, Padoa, Kidskonnect, Agilio, Intact Systems, Hublo), healthcare (Biophorum, Schivo Medical) and tech-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.
Rothschild & Co’s European corporate private equity business is composed of 3 strategies: Five Arrows Principal Investments (FAPI), Five Arrows Long Term Fund (FALT) and Five Arrows Growth Partners (FAGP). FAPI manages c. €2.5 billion through its latest fund and is the flagship private equity / buy-out vehicle investing in mid-cap companies while FALT makes investments in larger companies for longer-term holding periods, and FAGP invests in fast-growing SMEs. All three funds are focused on investments within Europe and North America, primarily investing in three main verticals: data & software, healthcare and technology-enabled business services.
Responsibilities :
The FAGP Investment Analyst 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 FAGP’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, rigour and team spirit
- Fluency in both French and English (working language of the team)
- Advanced knowledge of Excel and Powerpoint
- Previous experience in private equity, M&A, strategy consulting, corporate finance in healthcare or tech, or transaction services