The Carlyle Group

Associate/Sr. Associate, Life Sciences (Abingworth)

MENLO PARK, CAPosted 30+ days ago

Job summary

  • Job post source

    This job is directly from The Carlyle Group

  • Job overview

    The Associate/Senior Associate role at Abingworth, part of The Carlyle Group, involves supporting venture investments in life sciences to identify and execute deals that transform scientific breakthroughs into novel medicines.

  • Responsibilities and impact

    The role includes diligence on scientific innovations, financial analysis, developing exit strategies, networking with industry stakeholders, representing Abingworth, and staying updated on biopharma and investment trends.

  • Compensation and benefits

    The position offers a base salary range of $150,000 to $240,000, comprehensive benefits including retirement, health, life and disability insurance, paid time off, family planning benefits, wellness programs, and eligibility for an annual discretionary incentive program.

  • Experience and skills

    Candidates should have an advanced degree (Ph.D. or MD preferred) or strong science background, with 1-2 years in life sciences venture capital or relevant biotech/pharma commercial experience, plus strong analytical, entrepreneurial, and collaborative skills.

  • Career development

    The role offers collaboration with experienced transatlantic professionals and exposure to a broad network in biotech investment, supporting professional growth in venture capital and life sciences sectors.

  • Work environment and culture

    The company values collaboration, teamwork, high integrity, and a positive, entrepreneurial mindset within a transatlantic team environment.

  • Company information

    The Carlyle Group is a global investment firm managing $447 billion in assets, with a strong focus on diversity, inclusion, and investing across multiple industries including healthcare and life sciences through its Abingworth venture team.

  • Team overview

    The candidate will join Abingworth's venture team based in Menlo Park, working closely with colleagues across Boston, London, and Menlo Park offices in a collaborative, expert-driven environment.

  • Job location and travel

    The position is located in Menlo Park, California, within one of Abingworth's key biotech centers, supporting a global investment platform.

  • Application process

    Due to high volume, only candidates selected for interviews will be contacted by The Carlyle Group; specific application instructions are not detailed.

  • Unique job features

    The role offers unique exposure to cutting-edge life sciences investments across therapeutic modalities and stages, supported by a team with deep scientific, clinical, and industry expertise.

Company overview

The Carlyle Group is a global investment firm specializing in private equity, real assets, and private credit. Founded in 1987, the firm has grown to manage over $260 billion in assets across various sectors including aerospace, healthcare, and technology. Carlyle generates revenue through management fees and performance-based incentives from its diverse portfolio of investments. Notably, the firm has a history of high-profile acquisitions and strategic partnerships, making it a significant player in the global financial landscape.

How to land this job

  • Position your resume to highlight your advanced scientific background, especially if you hold a Ph.D. or MD, and emphasize your experience in biotech venture investing or related life sciences commercial roles.

  • Focus on showcasing your analytical skills, ability to perform financial projections and valuations, and your experience in deal sourcing or supporting investment decisions within life sciences.

  • Apply through multiple channels including The Carlyle Group's official careers page and LinkedIn to maximize your visibility and ensure your application reaches the relevant teams.

  • Connect with current Associates and Senior Associates in the Abingworth venture team at The Carlyle Group on LinkedIn; open your messages by referencing recent Abingworth investments or expressing your enthusiasm for their transatlantic life sciences strategy as ice breakers.

  • Optimize your resume for ATS by incorporating keywords from the job description such as 'life sciences venture investing,' 'financial projections,' 'biotech portfolio management,' and 'deal diligence' to improve your chances of passing automated screenings.

  • Use Jennie Johnson's Power Apply feature to automate tailored applications across multiple platforms, identify and reach out to relevant LinkedIn contacts, and enhance your job search efficiency so you can focus on preparing for interviews and networking.

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