Tag: assets

Company: StepStone Group

Location: Toronto, ON

Expected salary:

Job date: Sat, 12 Oct 2024 02:39:00 GMT

Job description: 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.The TeamStepStone Infrastructure and Real Assets (“SIRA”) was formed in 2014 and is the infrastructure and real assets business group of StepStone Group (“StepStone”), which focuses on private markets investments. SIRA oversees US$86 billion of infrastructure and real assets allocations and in 2023 advised on or committed more than US$11 billion of capital across primaries, secondaries and co-investments. Led by 11 partners with an average of 20 years of infrastructure and real assets experience and a team of over 80 dedicated professionals, SIRA provides clients with an “on-the-ground” presence in Australia, Europe and North America with deep experience in infrastructure, agriculture and natural resources.Role OverviewStepStone is currently seeking candidates with excellent quantitative, qualitative and interpersonal skills for an internship position at StepStone’s Infrastructure and Real Assets Team. StepStone offers co-op analysts a unique opportunity to obtain valuable work experience within the private equity Infrastructure industry. Through analysis of underlying sectors and sub-sectors such as transportation, telecommunications, utilities, power, energy, logistics, renewables, social, sustainability and impact investing, co-op analysts gain exposure to a broad array of companies, assets and capital structures, and become familiar with a wide variety of infrastructure funds, managers and transactions.The co-op analyst will work in a team environment to target and perform due diligence on opportunities across SIRA’s investment verticals including infrastructure fund investments, co-investment transactions, and secondary transactions. The co-op analyst will have the opportunity to prepare and present recommendations, with the investment team, to SIRA’s Investment Committee.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, a strong work ethic, high quality writing skills, a solid grasp of basic quantitative methods and financial analysis, and a demonstrated interest and/or background in the investment industry.The role is expected to start in January 2025 for a period of 4 – 8 months.Internship Functions

• For Co-investments Transactions:

• Perform market research using publicly available information and proprietary databases to identify, quantify and analyze trends across a variety of sectors
• Form an independent opinion about the attractiveness of a sector or investment opportunity by using creativity to analyze data; clearly articulate findings
• Prepare valuation analyses on private companies or privately-owned assets using a variety of methods including discounted cash flow and transaction comparables
• Assist in the creation and sensitizing of Excel based financial models related to investments
• Help construct an argument regarding an investment recommendation, and communicate that argument efficiently in written materials (in MS Word and PowerPoint form)
• For Fund investments and Secondary Transactions:

• Interpret financial analyses prepared by target fund managers, including investment track records and financial statement analysis
• Assist in the creation and sensitizing of Excel based financial models related to funds
• Assess marketing and supporting materials of prospective fund managers to identify key value drivers and important areas for further investigation
• General Research and Asset Management:

• Support senior research staff on managing and tracking the inflow of investment opportunities
• Analyze and monitor the performance of the firm’s existing fund managers and underlying portfolio companies; participate in meetings with senior executives of target fund managers
• Internship Project

Qualifications

• Must be able to work legally in Canada without requiring visa sponsorship now or in the future
• Must be able to work in-person in our Toronto office starting in January 2025 for 4-8 months
• Undergraduate or Master’s student graduating anywhere from December 2025 through June 2026
• Demonstrated track record of academic success
• Strong and demonstrable analytical capabilities, including strong quantitative/modeling skills
• High proficiency in MS Word, Power Point and Excel
• Strong written and verbal communication skills
• Team player and strong work ethic

Click to learn more about the intern experience.Application deadline: October 31, 2024About usWorking out of 26 offices in 15 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 usWhen 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.StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.BenefitsWe offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program for our US office locations, and several wellness initiatives.Disclaimer / Policy StatementsAt 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. Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion.As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.#LI-Hybrid