Job Location : New York,NY, USA
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.
Real Estate Research Co-op Analyst Overview:
StepStone offers Co-op Analysts an opportunity to achieve valuable learning experiences working across the real estate private equity industry. The Co-op Analyst will work in a team environment to target and perform due diligence on primary fund investments and secondaries transactions and gain exposure to GP-led secondaries, recapitalizations, and co-investment transactions. Through analyses of opportunistic, value-add, core/core-plus, and credit funds, the Co-op Analyst will gain exposure to an array of real estate property types, markets, capital structures, and investment strategies. The Co-op Analyst will support investment teams in the evaluation of investments, portfolio and asset management, and primary fund due diligence. The Co-op Analyst will have the opportunity to prepare and present recommendations, with the investment team, to the StepStone Real Estate 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, high-quality writing skills, and a solid financial background.
Essential Internship Functions:
* Assist both the investment management and advisory teams in key job functions, primarily the underwriting and assessment of prospective fund managers. Responsibilities include reviewing the marketing and supporting materials to identify key value drivers and important areas for further investigation
* Perform market research using publicly available information and proprietary databases to identify, quantify, and analyze macroeconomic trends across a variety of property types
* Interpret financial analyses prepared by operating fund managers, including investment track records, financial statement analysis, and fund models
* Prepare for and participate in meetings with potential partners and fund managers
* 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:
* Must be able to work full-time in our New York City office from January 2025 - June 2025
* 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 2025 through June 2026
* Pursuing a BA/BS in Finance, Economics, Real Estate, Accounting, Law, or equivalent relevant experience
* GPA of a 3.2 and above
* Proficiency in Microsoft Word, PowerPoint, and Excel
* Demonstrated track record of academic success
* Strong written and verbal communication skills
* Demonstrable analytical capabilities, including strong quantitative/modeling skills
* Team player and strong work ethic
* Enthusiastic interest in real estate investing
Click here to learn more about the intern experience.
Salary Range: $83,200 - $83,200
The salary range 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 range does not include any benefits or other forms of possible compensation that may be available to employees.
About us
Working 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 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.
StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.
Benefits
We 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 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. 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.
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