Intern-Private Alternative Credit

About the Role

We’re looking for Interns to join our Lower Middle Market Direct Lending platform for the summer of 2027! In this role, you’ll gain hands-on experience by participating on live transactions across a variety of sectors. You’ll assist in the due diligence, credit underwriting, execution, and portfolio monitoring of private debt investments.

Key Responsibilities

• Evaluate new leveraged buyout transactions and investment opportunities, attend management presentations, review deal terms and credit agreements
• Build detailed financial models and conduct downside sensitivity analyses of borrowers
• Assist in the preparation of investment committee materials and provide analytical support as a member of deal teams
• Work alongside Senior Underwriters on all transactions, getting real-time feedback to develop and grow your investing skills
• Actively monitor portfolio company performance and assist with ongoing credit surveillance and covenant compliance tracking
• Participate in key areas of due diligence, including business and quantitative analysis, as well as industry and competitive research

Requirements & Tech Stack

• Passionate about pursuing a career in investing
• Prior internship experience in investment banking, leveraged finance, private debt or equity, and/or related transactional experience
• Currently pursuing a degree in a technical field of finance (i.e. finance, accounting, or related)
• Graduation date of Spring or Fall of 2028
• GPA of 3.5 or above
• Ability to construct financial models such as three statement financial models and Leveraged Buyout models

Skills That Will Help You Stand Out

• Additional exposure to investment concepts through involvement in student organizations
• Involved on campus or within the community including leadership
• Collaborative, able to build and maintain strong relationships, manage expectations, attention to detail, ability to multi-task and prioritize effectively

Locations

This internship will be located at either our Global Headquarters in Des Moines, IA, New York City, NY, or Chicago, IL.

Internship Stipend

• Lump sum stipend of $4,000
• The Company will provide a tax gross-up on this stipend.

Work Authorization

• Not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States.

Salary Range

• $29 - $40 / hour

Internship Culture

• Join an established program that provides hands-on experiences for 200+ interns each year.
• Learn new skills with dedicated teams and mentors.
• Build your professional network and collaborate across a global Fortune 500 company.
• Diverse experiences and exciting challenges.
• Flexibility and work life balance.
• Participate in events such as our Executive Speaker Series.