Fund Monitoring and Origination Intern, iCapital
$41.00/hour + relocation stipend and transportation stipend
More information about location
5 days a week in office
Fintech platform for alternative investments
Be an early applicant
Fintech platform for alternative investments
1001+ employees
Be an early applicant
$41.00/hour + relocation stipend and transportation stipend
More information about location
5 days a week in office
1001+ employees
Company mission
To power the world’s alternative investment marketplace.
Role
Who you are
- Inquisitive, collaborative, and proficient in problem-solving with a strong interest or foundational knowledge in financial markets
- Able to perform well in fast-paced environments, adaptable to new responsibilities, and capable of managing competing priorities
- Proficient in Microsoft Office (Excel, PowerPoint) with experience or coursework in financial analysis and modeling; understanding of valuation methodologies (DCF, peer comps, etc.) is a plus
- Possess foundational knowledge of financial markets
- Strong verbal and written communication skills, professional attitude, and willingness to work in dynamic entrepreneurial settings
- Capable of handling multiple tasks, prioritizing assignments, and operating with a project management mindset
- Interest in learning about the alternative investment landscape
- A rising junior or senior in a U.S. college/university bachelor’s degree program
- Committed to working five days a week in the New York City office for the entire duration of the internship
- Authorized to work in the United States
What the job involves
- Become a key member of the iCapital team, driving initiatives, contributing to projects, and potentially jumpstart your career with us after graduation
- Immerse yourself in an inclusive company culture where we create a sense of belonging for everyone
- Gain exclusive access to the AltsEdge Certificate Program, our award-winning alternative investments education curriculum for wealth managers
- Attend recurring iLearn seminars and platform demos where you will learn the latest about our products
- Participate in an intern team project, culminating in an end-of-summer presentation to a panel of senior executives
- Join senior executive speaker seminars that provide career development, guidance, and access to the leaders at iCapital
- The Fund Monitoring and Governance teams oversee iCapital’s private access funds across asset classes, including private equity, private credit, and real assets
- The Fund Monitoring team manages the investment monitoring of private markets portfolios, while the Governance team reviews, evaluates, and approves specific actions for the private access funds. This internship involves assisting both teams with various projects
- Monitor feeder and underlying fund performance across our private equity, private credit, and real asset offerings
- Prepare clear and concise call summaries and talking points
- Conduct performance analytics and fund-level financial modeling
- Keep track of broader macro thoughts and trends through interactions with our fund managers
- Maintain and update our internal Confluence fund monitoring database
- Track corporate actions and requests from underlying funds
- Coordinate investor communications for certain corporate actions and requests
- Manage agenda items for weekly Oversight Committee meetings
- Assist with secondary sales of assets within feeder funds, including analyses of funds and pricing
- Department: Fund Monitoring and Governance Intern
Our take
Alternative investing can yield huge profits, but it can often be inaccessible, even to enterprises. iCapital solves this problem by guiding large-scale businesses through the alternative investing process.
Since launching in 2013, iCapital has provided enterprises with an investing marketplace. Its focus has been on banking, wealth management, and asset management companies, and iCapital now serves clients such as JP Morgan, Evercore, and Rockefeller. As of February 2023, the company services over $153 billion in global client assets, clear evidence of industry confidence in the company.
iCapital's impact on the financial world is undeniable, forging strong and profitable partnerships with leading institutions like Morgan Stanley. With a proven track record and a rapidly growing platform, iCapital is poised for significant further expansion in the years to come.
Steph
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
42% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Dec 2021
$50m
LATE VC
Jul 2021
$440m
GROWTH EQUITY VC
Total funding: $680.6m
Company HQ
Murray Hill, New York, NY
Articles
Leadership
Lawrence Calcano
(CEO)Previously worked as Director of Capitol Acquisition Corp., and served as Director of Vibrant Emotional Health for 10 years.
Salary benchmarks
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Diversity, Equity & Inclusion at iCapital
- We consider applicants of all backgrounds. If you are excited about what we’re building but don't meet some of the criteria above, please don’t let that discourage you from applying
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