Position job title: Infrastructure Debt: Professional Placement Year Internship (2x positions available) Business unit: AXAIM Alts - Real Assets Contract type: Internship Preferred start date: June/ July 2026 Eligibility Undergraduate students studying for degrees that include a professional placement year during their 3rd year of study (4-year degree) Duration of the placement: 12 months Location: 22 Bishopsgate, London AXA Investment Managers (AXA IM) is part of the BNP Paribas Group since 1st July 2025 following the closing of its acquisition. AXA IM is a key player in the global asset management industry with over 3,000 professionals and 29 offices in 19 countries globally. We serve a broad range of international clients, including institutional, corporate, and retail investors, through a diverse array of global investment opportunities. Our offerings encompass both alternative assets—spanning real estate equity, private debt, alternative credit, infrastructure, private equity, and private market solutions—and traditional asset classes, including fixed income, equities, and multi-asset strategies. AXA IM manages approximately €872 billion in assets, of which €493 billion are categorized as ESG-integrated, sustainable, or impact investments. Our focus is on empowering clients with a comprehensive suite of products, from traditional investments to ESG-driven strategies, enabling them to align their portfolios with both financial objectives and sustainability priorities. Combined AUM of BNPP AM & AXA-IM Alternatives platform is estimated at €300 billion. In a fast-changing world, we adopt a pragmatic approach aimed at providing long-term value to our clients, our employees, and the broader economy. All figures, as at end of September 2025 AXA IM Alts With €190bn assets under management, AXA IM Alts is a global leader in alternatives investment, operating in real estate, private debt & alternative credit, private equity & infrastructure and hedge funds. Our 800+ employees operating from 16 offices around the world are serving the needs of more than 500 clients worldwide. Our goal is to enhance the value of assets we manage on behalf of our clients by adopting a proactive approach to responsible investment. We fully integrate ESG criteria into our investment decisions and advise clients on both financial and non-financial risks and opportunities. We pride ourselves on fostering a culture of high performance, which means we seek to recruit and retain people who are not only technically qualified, but also open to the world, innovative and able to harness their unique perspectives and life experiences to support our success as a business. Description of the department Our infrastructure debt strategy pursues long-term, durable opportunities for our investors. Our portfolio has evolved naturally over the years to reflect increased investor interest in renewables and digital infrastructure. Your role and responsibilities will include: Monitor and report on the portfolio (compliance with covenants, portfolio reviews) Prepare and analyse financial models Undertake due diligence on potential investments Prepare materials for board of directors for third party funds Support senior team members in preparing investment committee papers, debt structuring and commercial negotiations as well as transaction execution (KYC, liaise with internal stakeholders, debt execution process) Education Skills & Experience Education Studying for a degree in Finance, Accountancy, Economics, Investment Management, Infrastructure, Project Finance, Engineering or related subject on a 4-year University degree course with 3rd year work placement included Skills Ability to work independently and efficiently in a team within an international and fast-moving environment Microsoft Excel (modelling and analysis), Word, PowerPoint, etc Analytical thinking/ financial analysis Effective communication including verbal, written & presentational Creative thinking, capability to develop innovative solutions and challenge consensus Flexible and open-minded Fluency in English. Second European language is an advantage Experience Proven interest in finance/ infrastructure/ investment What we offer This internship is an excellent opportunity to discover an international working environment. Due to our leading market position in alternative investments, you can gain strong exposure to a variety of complex issues that we face as a diverse investment manager You will be fully integrated to our team, and you will have the opportunity to work collaboratively and discover other departments such as Fund Management, Transactions, Development and Asset Controlling Autonomous, entrepreneurial and result driven culture where taking initiative is encouraged You will join a growing platform which will allow you to take on real responsibilities rapidly GBP 28,000 basic salary + competitive benefits package What we expect from you Workplace professionalism Physical attendance to the office 3-4 days a week Curiosity Commitment Willingness to learn & grow Please join us to realise your potential to drive progress, for yourself, our clients and the world in which