2028 Investment Banking Summer Analyst Program - New York, LP Advisory Group

Jefferies • , NY

2d • Onsite

About The Position

Jefferies is seeking a student graduating between December 2028 and June 2029 to join its LP Advisory-focused team in New York as an Investment Banking Summer Analyst. The team advises on LP-led secondary transactions across private markets, including private equity, private credit, infrastructure, energy, and real estate. Its mandates include portfolio, single-fund, and co-investment secondary sale advisory; buy-side advisory; fund valuation and analytics; and fund- and portfolio-level financing. The team collaborates with Jefferies sector bankers, leveraged finance, and sponsor coverage teams, and offers exposure to senior bankers and leading private equity GP and LP clients. The Analyst contributes to transaction execution and new business development for secondary advisory assignments.

The 10-week program begins with orientation and training, followed by hands-on work on pitches and live deals alongside senior bankers. Analysts receive support from colleagues who serve as instructors and mentors, take part in social and educational events, and receive formal performance reviews. The role offers exposure to investment banking products and industry expertise in an entrepreneurial, collaborative environment.

Jefferies Secondary Advisory advises institutional limited partners on strategic portfolio management and liquidity solutions in private markets. Its clients include pensions, endowments, sovereign wealth funds, foundations, insurance companies, family offices, and other institutional investors. The team is part of Jefferies’ Investment Banking franchise and works with sector teams, financial sponsor coverage, and the Private Fund Advisory group.

Requirements

• Be completing the junior year of a four-year bachelor’s degree or equivalent program.
• Have a strong academic background.
• Demonstrate professionalism and client management skills.
• Have strong technical, written, and verbal communication skills.
• Be able to multitask and manage a variety of projects simultaneously.
• Be able to work under pressure and meet tight deadlines.
• Be adaptable and able to work independently and as part of a team.
• Pursue work with excellence, a collaborative spirit, and integrity.

Nice To Haves

• A background in accounting or finance can be helpful.

Responsibilities

• Perform financial valuation, discounted cash flow, and multiples-based analyses.
• Build and use financial models.
• Prepare pitchbooks and live-deal materials, including offering memorandums and prospectuses.
• Conduct industry and product research.
• Analyze detailed corporate and financial information.
• Participate in the execution of financings and M&A transactions.
• Contribute to transaction execution and new business development for secondary advisory assignments.
• Work with senior bankers on pitches and live deals.
• Advise on LP-led secondary transactions, including portfolio and single-fund sales, co-investment secondary sales, buy-side advisory, fund valuation and analytics, and fund- and portfolio-level financing.

Benefits

• Orientation and training program.
• Colleagues who serve as instructors and mentors.
• Social and educational events to support professional development and networking.
• Formal performance reviews.
• Salary of $110,000, prorated for the 10-week internship program.

What This Job Offers

• Career Level: Intern