2024 Private Equity Summer Analyst


New York, NY, USA
Posted on August 28, 2023

StepStone is currently seeking rising seniors with excellent quantitative, qualitative and interpersonal skills for an intern position on StepStone’s Private Equity Team. StepStone offers Summer Analysts a unique opportunity to achieve a valuable learning experience working across the private equity industry. Through analysis of leveraged buyout, venture capital, growth equity, and distressed private equity funds and investments, Summer Analysts gain exposure to a wide array of industries and capital structures, and become accustomed to a variety of private equity funds and investment strategies.

Summer Analysts will work in a team environment to target and perform due diligence, including financial modeling and preparation of investment memorandums, on opportunities across the Private Equity team’s three investment verticals: private equity fund investments, co-investment transactions and secondaries transactions. Summer Analysts will have the opportunity to prepare and present recommendations, with the investment team, to the Firm’s Investment Committee.

StepStone prides itself on the Firm’s collegial atmosphere, encouraging team-building initiatives and a collaborative approach. The ideal candidate will possess a strong academic record, excellent quantitative skills, high quality writing skills, and a positive, team-oriented attitude.

Essential Internship Functions

  • Analyze and conduct diligence on co-investment opportunities and secondary transactions
  • Interact with fund managers/portfolio company management teams to conduct in-depth portfolio and asset-level underwriting and analysis
  • Perform quantitative and qualitative research and financial modeling/analysis on companies and assets across stages (i.e., buyout, venture capital/growth equity, distressed/credit, etc.), industries and geographies
  • Conduct due diligence on potential fund investments (team, strategy, performance), and synthesize findings in an investment memorandum to be presented at the Firm’s Investment Committee
  • Speak with senior executives to gather insights regarding the style and effectiveness of target fund managers
  • Perform market research using publicly available information and proprietary databases to identify, quantify and analyze macroeconomic trends across a variety of industry sectors
  • Construct an argument around an opinion and effectively communicate that argument


  • Must be able to work legally in the U.S. without requiring visa sponsorship now or in the future
  • Graduate in December 2024 or Spring 2025
  • GPA of 3.5 or higher
  • High proficiency in MS Word, Power Point and Excel
  • Exceptional written and verbal communication skills
  • Demonstrable analytical capabilities, including strong quantitative/modeling skills
  • Team player and outstanding work ethic

Salary range: $85,000 – $95,000

Click here to learn more about the intern experience.

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.


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.

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