Internship Program – Private Equity Performance Improvement (PEPI)

Start date : January 2026 ( 6 months )

Location : Paris

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.

The Team

Join Alvarez & Marsal’s Private Equity Performance Improvement (PEPI) team in Paris, a dynamic and fast-growing group of professionals dedicated to delivering exceptional results for private equity firms and their portfolio companies. Our team operates at the intersection of strategy, operations, and finance, providing end-to-end services across the private equity lifecycle. From pre-acquisition due diligence to post-acquisition transformation, performance improvement, and exit support, we tackle complex challenges and create value at every stage.

As part of the PEPI team, you will work on high-impact projects, collaborating with experienced professionals who are passionate about driving change and delivering tangible results. Our entrepreneurial culture and flat structure ensure that you will have significant exposure to senior leaders, enabling you to learn directly from industry experts and accelerate your professional growth. If you are looking for a role where you can make a real impact, develop your skills, and work on exciting projects in a collaborative environment, this is the team for you.

How You Will Contribute

As an Intern in the PEPI team, you will play a key role in supporting private equity firms and their portfolio companies. Your responsibilities will include:

• Pre-Acquisition Support: Assisting with operational due diligence, carve-outs, and merger integrations to evaluate and prepare businesses for acquisition.

• Performance Improvement: Supporting transformation initiatives, identifying opportunities for operational efficiency, and driving value creation.

• Financial Analysis: Developing financial models, including cash flow projections, and analyzing key trends to provide actionable insights.

• Research and Reporting: Synthesizing data and research into high-quality client reports and recommendations.

• Client Engagement: Collaborating with senior team members to prepare client pitches and presentations, contributing to impactful client interactions.

• Problem Solving: Identifying key business performance drivers and providing innovative solutions to complex challenges.

This role offers a unique opportunity to gain hands-on experience, work closely with senior professionals, and develop a deep understanding of the private equity landscape.

Qualifications

We are looking for ambitious and talented individuals who meet the following criteria:

• Currently studying at a leading “Grande École” in Business and/or Engineering, or equivalent.

• Strong analytical and problem-solving skills with attention to detail.

• Excellent verbal and written communication skills in both English and French (additional European languages such as Dutch, German, Italian, or Spanish are a plus).

• Proficiency in Excel, with some experience in financial modeling.

• Ability to prioritize tasks and perform under pressure in a fast-paced environment.

• A strong interest in consulting and private equity, with a desire to learn and grow in a dynamic team.

Your Journey at A&M

We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person’s unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.

We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.