We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.
Application deadline: November 13, 2026
The team you’ll join
StepStone’s Private Equity (PE) team diligences and invests in opportunities across the private equity landscape. The team will invest directly in companies alongside other sponsors, complete LP and GP-led secondary transactions, and evaluate primary investments on behalf of StepStone’s advisory and discretionary clients. Through analysis of leveraged buyout deals and funds, StepStone’s PE team works across a wide array of industries and capital structures.
About the role
StepStone is currently seeking penultimate-year undergraduate students, final-year students, or students enrolled in a master's degree program 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 gain hands-on experience across 6the private equity industry. Through analysis of private equity funds and investments, Summer Analysts gain exposure to a wide array of industries and capital structures, and become familiar with a variety of private equity funds and investment strategies.
What you’ll do
Summer Analysts will work in a team environment to target and perform due diligence, including financial modelling 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.
Key responsibilities
- 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 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
What we’re looking for
- Undergraduate or Masters students graduating between December 2026 through June 2027
- At least one relevant 3 or 6-month internship in the financial industry, consulting, or other relevant work experience
- High proficiency in MS Word, Power Point and Excel
- Proficiency in using AI tools is desirable
- Exceptional written and verbal communication skills
- Demonstrable analytical capabilities, including strong quantitative/modeling skills
- Ability to represent the Firm credibly in written and interpersonal communications
- Flexibility—StepStone is a dynamic and entrepreneurial organization; all professionals are expected to perform multiple functions as the firm continues to grow and develop
- Promote and demonstrate a positive, team-oriented attitude
- Foreign language skills (desirable)
Why join us?
At StepStone, we foster a supportive and inclusive team culture where collaboration and learning are the core of what we do. Our collegial atmosphere encourages teamwork, mentorship, and professional development. This summer internship is a great opportunity to gain practical experience and develop critical skills that will help you launch a successful career in Private Equity.
Application deadline: November 13, 2026
At StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.
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.
Candidates must be at least 18 years old to apply.
Developing People at StepStone
Skills Required
- Penultimate-year undergraduate student, final-year undergraduate student, or student enrolled in a master's degree program
- Graduation between December 2026 and June 2027
- At least one relevant 3- or 6-month internship in financial services, consulting, or another relevant field
- High proficiency in Microsoft Word, PowerPoint, and Excel
- Exceptional written and verbal communication skills
- Demonstrable analytical capabilities, including strong quantitative and financial modeling skills
- Ability to represent the firm credibly in written and interpersonal communications
- Flexibility to perform multiple functions in a dynamic organization
- Positive, team-oriented attitude
- Proficiency in using AI tools
- Foreign language skills
StepStone Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about StepStone Group and has not been reviewed or approved by StepStone Group.
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Healthcare Strength — Health coverage is described as generous with multiple plan options, and in some cases employee‑only premiums are fully paid. Feedback suggests wellness resources and plan choice enhance the overall value of the package.
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Retirement Support — Retirement offerings include a 401(k) program that is viewed favorably. Feedback suggests long‑term incentive elements complement core retirement benefits.
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Parental & Family Support — Parental support includes leave coaching, paid parental leave, and resources for new parents alongside related travel and logistical supports. Feedback suggests these policies are a meaningful part of the benefits package.
StepStone Group Insights
What We Do
StepStone Group (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to our clients. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals.StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.
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