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2024 Private Debt Summer Senior Associate

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StepStone Group

Dec 10, 2023

Applications are closed

  • Internship
    Full-time
    Summer Internship
  • Banking & Finance
  • $100K - $120K
  • New York

Requirements

  • Must be able to work legally in the U.S. without requiring visa sponsorship now or in the future
  • Enrolled in a full-time MBA program
  • Graduate in December 2024 or Spring 2025
  • A desire to join our Global Private Markets investments platform after graduation
  • High proficiency in MS Word, Power Point and Excel
  • Demonstrated track record of academic success
  • Strong written and verbal communication skills
  • Strong, demonstrable analytical capabilities, including strong quantitative/modeling skills
  • Team player and strong work ethic
  • Demonstration of excellent extracurriculars

Responsibilities

  • Interpret financial analyses prepared by target fund managers, including investment track records and financial statement analysis
  • Perform market research using publicly available information and proprietary databases to identify, quantify and analyze macroeconomic trends across a variety of credit strategies
  • Support Senior Research staff on managing and tracking the inflow of investment opportunities
  • Assess marketing and supporting materials of prospective fund managers to identify key value drivers and important areas for further investigation
  • Help construct an argument regarding a decision to invest or not invest, and communicate that argument efficiently in written materials; be able to defend position in a team environment, including Investment Committee meetings
  • Write Fund Summaries and Investment Memorandums in line with StepStone standards
  • Use creativity to analyze data and to test hypotheses regarding attractiveness of specific sectors and investment opportunities
  • Form an independent opinion about the attractiveness of a credit strategy or a fund as an investment opportunity; clearly articulate findings
  • Analyze and monitor the performance of the firm's existing fund managers and underlying investments; prepare for and participate in meetings with assigned managers, and conduct on‐going due diligence

Worldwide, world-wise: your private markets partner

Finance
Industry
501-1000
Employees
2007
Founded Year

Mission & Purpose

StepStone is a global private markets firm that provides investment solutions across a range of asset classes, including private equity, real estate, infrastructure, and private debt. Their ultimate mission is to deliver superior investment performance and service to their clients, which include institutional investors, fund managers, and high-net-worth individuals. StepStone's purpose is to help investors achieve their financial goals by offering tailored investment strategies, access to diverse opportunities, and comprehensive advisory services. By leveraging their expertise, research capabilities, and global network, StepStone aims to be a trusted partner in driving long-term value and sustainable growth for their clients in the UK and beyond.