Intern - Private Debt Investments

Job Description

StepStone is a rapidly growing Global Private Markets firm who provides customized investment and advisory solutions to some of the most sophisticated investors in the world. With $570 billion of total capital allocations, including $134 billion in AUM, we are highly diversified in the private markets across the globe and provide creative solutions to solve for the objectives of any investment program. With a culture built on entrepreneurialism, partnership and being a team within teams, our firm offers joiners the opportunity to think out loud, collaboratively.

StepStone Group is currently seeking candidates with excellent quantitative, qualitative and interpersonal skills for a long-term (6-12 months) Internship position within our Private Debt team. The successful candidate will be based in London and will work in a team environment with other StepStone team members to review private debt opportunities and perform due diligence on selected Private Debt managers. Investment opportunities encompass Primary Funds, Separately Managed Accounts, Secondaries and Co-investments. StepStone prides itself on its collegiate atmosphere, encouraging team-building initiatives and a collaborative approach to accomplishing projects.

The successful candidate will have exposure to all levels of the Firm on a daily basis, as well as opportunities to interact with many of the top fund managers in the private credit industries. The Intern will adhere to the highest ethical standards, and demonstrate maturity, reliability and attentiveness to detail.

The Internship opportunity would be suitable for an individual that has recently completed an Undergraduate or Master's degree, or is seeking industry experience for 6-12 months as part of their degree program.

The position is an ideal opportunity to develop valuable learning experiences working across the Private Debt industry.

Primary responsibilities include:

• Provide assistance to investment professionals, across Private Debt primary investments, co-investment transactions and secondaries transactions
• Interpret financial analyses prepared by private debt managers, including investment track records, financial statements and fund models
• Form an independent opinion about the merits and considerations of a sector or investment opportunity, with the ability to use creativity to test hypotheses, analyze data and articulate findings
• Prepare for, participate and record meetings with potential partners and Private Debt managers
• Contribute to Fund Summaries and Investment Memoranda in line with StepStone standards
• Assist with other projects and ad-hoc analyses for the Private Debt team
• Efficiently communicate views verbally and in written materials

Requirements

• BA/BS/MA/MS degree in Finance, Accounting, or other equivalent relevant degree
• Demonstrated track record of academic success
• Strong written and verbal communication skills and demonstrable analytical capabilities
• Proficiency in Microsoft Office Applications (Excel, Word & PowerPoint)
• Ability to multi-task and prioritize workflow in fast-paced, detail-oriented environment
• Follow-up skills and acute attention to accuracy and detail are essential
• Team player with strong work ethic
• Fluent in English (verbal and written)

About us

Working out of 24 offices in 15 countries, StepStone has a truly global viewpoint. As people are our biggest asset, we offer resources to help our employees reach their full potential. Our principles are based on integrity, transparency, respect and creativity, which together define how we do business.

Join us

When you choose to work at StepStone, you'll find a group of professionals who are passionate about anticipating changes, solving problems and working together to make it all happen. Our integrated global team shares insights into how managers think and operate, as well as how they might perform.

StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.

Benefits

We offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program, and several wellness initiatives.

Disclaimer / Policy Statements

At StepStone, diversity, equity and inclusion are an integral part of our culture. We are an Equal Opportunity Employer that strives to create an inclusive environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion.

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

Developing People at StepStone

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