Off-Cycle Internship, Primary Capital Advisory (Private Equity Fundraising) - September 2026
Business Unit:
Capital SolutionsIndustry:
No IndustryOverview
Houlihan Lokey, Inc. (NYSE:HLI) is a leading global investment bank recognized for delivering independent strategic and financial advice to corporations, financial sponsors, and governments. With uniquely deep industry expertise, broad international reach, and a partnership approach rooted in trust, the firm provides innovative, integrated solutions across mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory. Our unmatched transaction volumes provide differentiated, data-driven perspectives that help our clients achieve their most critical goals. To learn more about Houlihan Lokey, please visit HL.com.Capital Solutions
Houlihan Lokey’s Capital Solutions Group comprises ~200 professionals globally and offers clients a broad range of tailored financing alternatives and strategic financial advice. Our team has deep senior-level relationships across the capital markets and a long track record of raising capital across varying market conditions. With deep expertise in both private and public markets, we are committed to delivering innovative, value-enhancing solutions that support long-term success for our clients.Primary Capital Advisory
Houlihan Lokey Primary Capital Advisory (“PCA”) is an established and growing player in the third-party fund placement and advisory space and part of a leading global investment bank. PCA has an experienced team of over 40 people across six offices in the U.S. and Europe who have collectively worked on over 300 fundraises since 2010 across a wide array of private equity fundraising.
Responsibilities
As an Intern in Houlihan Lokey Primary Capital Advisory team, you will be involved in:
- The provision of strategic advice to clients related to the positioning of alternative asset brands in the market for sustained competitive advantage.
- The production of core fund marketing documentation (investor presentation, DDQ, etc.) with bespoke analyses.
- The management of fundraising processes, including investor tracking and client communication.
- The completion of due diligence materials in response to inquiries from potential fund investors.
- The origination of new opportunities, including meeting potential clients and the production of pitch materials and associated analyses.
- New mandate selection through extensive due diligence, as part of a rigorous internal process.
Basic Qualifications
The ideal candidate will have private equity fundraising experience, acquired at a reputable placement agent or within the investor relations team of a leading private equity firm. Candidates with prior experience in investment banking or transaction services from reputable institutions will also be considered.
In addition, the candidate shall have strong work ethics, and the ability to work independently in a fast-paced environment. While teamwork is essential to the firm’s success, creativity and new ideas are encouraged.
Preferred Qualifications
- Currently enrolled in a Master’s program with a focus on finance, accounting or management, at a top tier business school or university.
- Experience in private equity fundraising from a placement agent or investor relations team, and/or experience in investment banking or transaction services.
- High attention to detail.
- Superior analytical skills and ability to solve problems and provide solutions using data.
- Pro-active and resourceful attitude of solving problems independently, with the support of an experienced senior team.
- Ability to multitask and coordinate a variety of different projects with an organized approach.
- Good grasp of the fundamentals of the private equity industry, including current trends, deal structures, investor requirements, and competitive landscapes.
- Fluency in French and English, and ideally strong written and verbal communication skills in another European language (preferably Spanish or German).
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other characteristic protected by law.
#LI-115419Skills Required
- Private equity fundraising experience at a placement agent or within an investor relations team, or experience in investment banking/transaction services from a reputable institution
- Strong work ethic and ability to work independently in a fast-paced environment
- Teamwork and collaboration with senior team members
- Creativity and contribution of new ideas
- Currently enrolled in a Master's program focused on finance, accounting, or management at a top-tier business school or university
- High attention to detail
- Superior analytical skills and ability to solve problems and provide solutions using data
- Pro-active and resourceful attitude; able to solve problems independently with senior support
- Ability to multitask and coordinate multiple projects in an organized manner
- Good grasp of private equity industry fundamentals, trends, deal structures, and investor requirements
- Fluency in French and English; additional European language (Spanish or German) preferred
Houlihan Lokey Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Houlihan Lokey and has not been reviewed or approved by Houlihan Lokey.
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Fair & Transparent Compensation — Pay is considered competitive for the investment‑banking market, with total packages aligning to leading middle‑market and boutique peers across common roles. Compensation is broadly perceived as strong relative to alternatives.
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Healthcare Strength — Core medical, dental, and vision coverage are described as comprehensive, with solid protection and reasonable costs. Mental‑health resources and expanded well‑being initiatives supplement the core plan.
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Wellbeing & Lifestyle Benefits — The package includes an Employee Assistance Program and wellness initiatives such as fitness support, webinars, and mindfulness resources. These offerings provide added support beyond standard insurance and retirement elements.
Houlihan Lokey Insights
What We Do
Houlihan Lokey, Inc. (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and financial and valuation advisory. Houlihan Lokey serves corporations, institutions, and governments worldwide with offices in the Americas, Europe, the Middle East, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of the firm’s commitment to client success across its advisory services. The firm is the No. 1 investment bank for all global M&A transactions, the No. 1 M&A advisor for the past nine consecutive years in the U.S., the No. 1 global restructuring advisor for the past ten consecutive years, and the No. 1 global M&A fairness opinion advisor over the past 25 years, all based on number of transactions and according to data provided by LSEG (formerly Refinitiv)







