Investments Office Intern - Summer 2027

MacArthur Foundation•Chicago, IL

7d•Hybrid

About The Position

The John D. and Catherine T. MacArthur Foundation is hiring an Investments Office Intern for a summer 2027 internship based in Chicago, Illinois. The internship introduces the intern to the Investments Office’s multi-asset class portfolio and investment operations. The Foundation’s $10 billion portfolio is globally diversified across multiple asset classes and aims to earn a 5% real return annually; it funds the Foundation’s grant making and other organizational expenses. The intern will provide analytical, research, and operational support, attend meetings with prospective and current investment managers, and observe and participate in internal investment discussions. The intern will complete a summer-long project and present it to the Investments Office at the end of the summer. Other projects may involve investment manager due diligence, portfolio or company analysis, market research, financial modeling, or developing AI-enabled tools and workflows. The role runs from June 8 through August 11, 2027, and pays from $22.00 per hour. It is hybrid, with designated in-office and virtual days. Interns must reside in the Chicagoland area for the duration of the program. Housing assistance for non-local students may be available and will be discussed during interviews. Applicants must be currently enrolled in an undergraduate program and returning to school after the internship.

Requirements

Currently enrolled in an undergraduate program and returning to school after the internship.
Demonstrated interest in portfolio management and institutional investing.
Strong analytical and problem-solving skills, intellectual curiosity, and attention to detail.
Clear written and verbal communication skills.
Ability to manage multiple priorities, take initiative, and work independently and collaboratively.
Proficiency in Excel and an interest in learning and using AI tools.
Must reside in the Chicagoland area for the duration of the program.

Nice To Haves

Coursework or equivalent experience in finance, accounting, economics, statistics, data analysis, or a related field.
Investment coursework.

Responsibilities

Provide analytical, research, and operational support to the Investments Office.
Attend meetings with prospective and current investment managers.
Observe and participate in internal discussions where investment decisions are made.
Complete a summer-long project and present the work to the Investments Office at the end of the summer.
Support department projects, which may include investment manager due diligence, portfolio or company analysis, market research, financial modeling, or developing AI-enabled tools and workflows.