StepStone seeks motivated undergraduates graduating between December 2027 and June 2028 to join our SIRA team as Summer Analysts. This role offers a valuable opportunity to gain insights into the private equity industry. As a Summer Analyst, you will learn about various sectors such as transportation, telecommunications, utilities, power, energy, logistics, renewables, social projects, sustainability, and impact investing. Additionally, you will be exposed to diverse companies, assets, and capital structures, providing you with a comprehensive understanding of infrastructure investments.
Responsibilities
Conduct thorough analysis and due diligence on co-investment opportunities, as well as primary and secondary transactions in private equity, specifically within the infrastructure, agriculture, and natural resources sectors
Perform financial modeling and analytical tasks including creating or modifying financial models, analyzing financial statements and forecasts, preparing valuation bridges, running discounted cash flow analyses, comparing public companies, and conducting sensitivity/scenario analyses
Develop and present a well-constructed argument regarding investment decisions, effectively communicating these arguments in written materials such as Microsoft Word documents and PowerPoint presentations
Interpret financial analyses prepared by target fund managers, including assessment of investment track records and financial statements; conduct valuation analyses on private companies or privately-owned assets using various methods, including discounted cash flow and transaction comparables
Perform market research utilizing publicly available information and proprietary databases to identify, quantify, and analyze trends across various sectors
Requirements
Must be able to work legally in the U.S. without requiring visa sponsorship now or in the future
Undergraduate student graduating anywhere from December 2027 through June 2028
GPA of 3.5 or higher
Strong proficiency in Microsoft Word, PowerPoint and Excel
Excellent written and verbal communication skills
Demonstrable analytical capabilities, including strong quantitative/modeling skills
Collaborative mindset with a proactive and team-oriented approach
Why join us?
Click here to learn more about the intern experience.
Application deadline: Rolling basis
Salary: $95,000 annually
The salary is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary does not include any benefits or other forms of possible compensation that may be available to employees.
#LI-Hybrid
As an Equal Opportunity Employer, StepStone does not discriminate on the basis o
Benefits
Equity / stock options
Additional Information
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: Rolling basis
The team you'll join
StepStone Infrastructure and Real Assets (SIRA), established in 2014, is part of StepStone Group, specializing in private market investments across infrastructure and real assets. As of December 31, 2025, SIRA had responsibility for approximately US$132 billion in capital, deploying an average of over US$13 billion annually across primaries, secondaries, and co-investments. The global team comprises more than 75 investment professionals, offering deep expertise across infrastructure and real assets sub-sectors, including energy, transport, natural capital, agriculture, and other essential assets, with a presence across North America, Europe, and Australia.
Stepstone · NY