Investment Intern; Harvard Kennedy School's MPA​/Programme

Are you ready for your next play? We are bold, respectful, and we deliver, with Impact. Our long‑term vision is to raise, deploy and manage funds for climate change mitigation and adaptation that will play a transformative role in our target sectors.

Climate Fund Managers (CFM) is a leading climate‑centric blended finance fund manager. We raise and deploy climate finance funds in partnership at scale and ough its award‑winning model, CFM has created a blueprint for a new generation of climate financiers, whose collective impact can help end the climate crisis. CFM currently manages two emerging market infrastructure funds focused on climate change mitigation and adaptation:
Climate Investor One, a c. USD 1 billion fund focused on renewable energy, and Climate Investor Two, a c. USD 1 billion fund focused on water, sanitation and oceans infrastructure. CFM is currently implementing further blended finance initiatives in the green hydrogen, power transmission and cities sectors focused on development, equity, debt and guarantee financial instruments.

CFM is currently implementing further blended finance initiatives in the green hydrogen, power transmission and cities sectors focused on development, equity, credit and guarantee financial instruments. In the coming months, CFM will be launching an adaptation and infrastructure focused loan fund(s), private credit blended finance fund(s) that targets deployment of long‑term loans, credit facilities, and/or private bonds into climate adaptation, infrastructure and mitigation projects in ~30 emerging market countries with a strong focus on least developing countries and small island developing states.

Established in 2015, CFM is a joint venture between the Dutch Development Bank, FMO, and Sanlam Infra Works, part of the Sanlam Group of South Africa with offices in The Hague, Cape Town, Singapore and Bogota.

The Private Credit team is seeking a highly motivated Investment Intern to support the deployment of its fund(s) and the development of broader private credit initiatives. This role offers hands‑on exposure and the opportunity to build strong analytical and technical skills within a private markets environment.

The internship is based in The Hague, Netherlands, and is full‑time, in‑person, and fixed‑term, running from mid‑May to end‑August 2026. Candidates must have the right to work in the EU.

The ideal candidate will have strong financial modelling and analysis skills, with a particular interest in direct lending within private credit. Experience in credit risk assessment and/or impact investing will be an advantage.

This role will be based in The Hague and report to the Senior Manager Private Credit. The preferred candidate will have a credit investor’s mindset and a successful track record of structuring and negotiating private credit and asset‑oriented financing solutions.

The intern will be directly involved in all facets of the investment analysis process including industry research, company research, financial modeling, due diligence, legal documentation, and portfolio monitoring/management. They will interact directly with underlying borrower teams, have strong analytical skills, attention to detail, and the ability to work collaboratively within a fast‑paced environment. The ideal candidate should be conversant in operating in multi‑cultural and diverse team and counter parties.

Deal Analysis:

• Assist in identifying and sourcing potential private credit investment opportunities.
• Conduct preliminary assessments and screenings of potential deals to determine suitability.
• Analyse financial health, creditworthiness, and risk factors associated with borrowers.
• Conduct due diligence on potential investment opportunities in private credit markets.

Financial Analysis and Due Diligence:

• Assist with analysis of new credit facilities or loans by evaluating the terms, structures, and risks involved.
• Create financial models, assess collateral, and analysing documentation.
• Perform in‑depth financial analysis of prospective borrowers, including analysis of financial statements, cash flow projections, and capital structures.
• Co…