2023 Real Estate Investments Summer Analyst

StepStone, New York

Solutions that span Private Markets

StepStone is a rapidly growing Global Private Markets firm who provides customized investment and advisory solutions to some of the most sophisticated investors in the world. With $548 billion of total capital allocations, including $127 billion in AUM, we are highly diversified in the private markets across the globe and provide creative solutions to solve for the objectives of any investment program. With a culture built on entrepreneurialism, partnership and being a team within teams, our firm offers joiners the opportunity to think out loud, collaboratively.

Position Overview

StepStone is currently seeking candidates with excellent quantitative, qualitative and interpersonal skills for an intern position on StepStone’s Real Estate Team. StepStone offers Summer Interns an opportunity to achieve valuable learning experiences working across the real estate private equity industry. The Summer Analyst will work in a team environment to target and perform due diligence on opportunities across the Real Estate team’s investment verticals including real estate private equity fund investments and co-investment transactions. Through analysis of opportunistic, value-add, core and credit investments, Summer Analysts gain exposure to a wide array of property types, markets and capital structures and become accustomed to a variety of real estate private equity transaction and investment strategies. The Summer Analyst will have the opportunity to prepare and present recommendations, with the investment team, to the Real Estate Investment Committee and to the Real Estate team’s client base of institutional investors.

StepStone prides itself on the Firm’s collegial atmosphere, encouraging team-building initiatives and a collaborative approach to accomplishing projects. The ideal candidate will possess strong academic achievement, high quality writing skills and a solid financial background.

Essential Internship Functions

Assist the investments teams in the evaluation of potential investments and the asset management of the existing real estate portfolio

Perform market research using publicly available information and proprietary databases to identify, quantify and analyze macroeconomic trends across a variety of property types
Efficiently communicate a position verbally and in written materials, including defending a position in a team environment such as Investment Committee meetings
Support full-time staff on coverage responsibilities including: asset and portfolio management deliverables and sourcing and managing the inflow of investment opportunities.

Qualifications

Pursuing BA/BS/MS in Real Estate, Private Equity, Finance, Economics, Accounting, Law or equivalent relevant experience
High proficiency in Word, PowerPoint and Excel
Demonstrated track record of academic success
Ability to represent the firm credibly in written and interpersonal communications

About us

Working out of 23 offices in 14 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.

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.

Developing People at StepStone

Your employment will also be subject to various firm policies and guidelines, including return to workplace guidelines for your office (which require, where legally permitted, all U.S. employees to have their vaccinations against COVID-19 up to date in order to enter one of our offices or attend a firm-sponsored event).

About StepStone

StepStone is a global private markets firm providing customized investment and advisroy solutions to some of the most sophisticated investors in the world. With more than $230 billion of total capital allocations, including over $35 billion in assets under management, we cover the spectrum of opportunities in private markets across the globe. We prudently integrate fund investments, secondaries and co-investments across private equity, real estate, infrastructure and private debt to create solutions that are customized according to the objectives of any private markets investment program.