2027 Private Debt Summer Analyst

StepStone Group • New York, NY

7h • Hybrid

About The Position

StepStone is currently seeking undergraduate students graduating between December 2027 through June 2028 to join our Private Debt team as Summer Analysts. This internship offers an exciting opportunity to achieve valuable learning experience working across the private debt industry. Through analysis of direct lending, opportunistic lending and specialty finance funds and investments, Summer Analysts gain exposure to a wide array of industries and capital structures and become accustomed to a variety of private debt funds and investment strategies.

Requirements

• Must be able to work legally in the U.S. without requiring visa sponsorship now or in the future
• Undergraduate student graduating anywhere from December 2027 through June 2028
• GPA of 3.5 or higher
• Strong proficiency in Microsoft Word, PowerPoint and Excel
• Excellent written and verbal communication skills
• Demonstrable analytical capabilities, including strong quantitative/modeling skills
• Collaborative mindset with a proactive and team-oriented approach
• Candidates must be at least 18 years old to apply.

Responsibilities

• Interpret financial analyses prepared by target fund managers, including investment track records and financial statement analysis
• Conduct market research using publicly available information and proprietary databases to identify, quantify, and analyze macroeconomic trends across a variety of credit strategies
• Assist Senior Research staff in managing and tracking the inflow of investment opportunities
• Evaluate marketing and supporting materials of prospective fund managers to identify key value drivers and important areas for further investigation
• Construct and communicate arguments regarding investment decisions, and defend positions in team environments, including Investment Committee meetings
• Write Fund Summaries and Investment Memorandums in line with StepStone standards
• Utilize creativity to analyze data and to test hypotheses regarding attractiveness of specific sectors and investment opportunities
• Form independent opinions about the attractiveness of a credit strategy or funds as investment opportunities and clearly articulate findings
• Monitor and analyze the performance of the firm’s existing fund managers and underlying investments; prepare for and participate in meetings with assigned managers, and conduct ongoing due diligence

Benefits

• The salary does not include any benefits or other forms of possible compensation that may be available to employees.

What This Job Offers

• Career Level: Intern
• Education Level: No Education Listed