Private Equity Associate Intern

June 09, 2022
by a searcher in New York, NY, USA
Company: Avalerian
Title: Private Equity Associate Intern
Dates: Summer###-###-#### flexible start and end dates (minimum 10 weeks required)
Start date: June 20, 2022
Location: Flexible remote working
This is an unpaid position.
Please submit your resume on this site and also apply through this link: https://9tm1ag0ne1n.typeform.com/to/rHuGxXhK. Note: we will only consider applicants who submit their application via the included link, so please do not skip this step.
About Avalerian
Avalerian is a private investment firm that has raised a Search Fund with the goal of identifying a high-quality software business to acquire, own, and operate for the long term. We are looking for motivated individuals with an interest in Private Equity, Banking, Investing, or Entrepreneurship who would like to learn how to source deals, run due diligence analysis, run LBO models, and learn about the private equity industry. We welcome applications from all who meet our qualification and skill requirements.
Website: https://www.avaleriancapital.com/
Internship Description
As a Private Equity Intern, you will play a key role in sourcing deals, managing deal flow, due diligence, doing financial modeling, and executing transactions. You will develop a fundamental knowledge of middle market private equity, lead teams through investment research and work closely with Avalerian’s leadership through due diligence of potential investments. You will also gain valuable experience evaluating potential investments, developing robust financial models, creating valuations (comparable companies, comparable transactions, DCF, LBO) and structuring transactions.
The successful candidate will be working closely with Avalerian’s leadership for a minimum of ten weeks during the summer of###-###-#### Avalerian is looking for a highly skilled and motivated candidate who has an interest in business, finance, and investing. The intern will be expected to conduct research and analysis on a wide range of industries, sub-industries and business types. The intern will present their findings to the team on a daily and/or weekly basis. In addition, daily tasks will include managing the firm’s CRM and building marketing materials for the firm.
What the Internship will offer
The successful candidate can expect to receive the following through their internship:
• An understanding of the private equity industry broadly and an understanding of what Avalerian does specifically – from both an investing and business perspective
• Training on investing topics including financial modeling, characteristics of a good business, financial analysis, due diligence, etc.
• Potential full-time employment opportunity at Avalerian or portfolio company upon graduation
• Mentorship and experience working directly with Avalerian’s leadership and exposure to live deals and transactions
• Resume enhancement through a valuable internship with hands-on experience; the successful candidate can expect references and letters of recommendation contingent on positive performance
• Help with recruiting, including networking, mock interviews, and resume review
• Potential finders fee to identifying successful acquisitions
Responsibilities and Duties
• Work closely with the firm’s leadership to identify industries, sub-industries and business that meet the firm’s investment criteria
• Help build communication strategies with business owners and CEOs, as well as investment banks
• Review live deals, screen companies with Avalerian’s proprietary screening process
• Research and analyze industries, sub-industries and businesses; present findings to the entire team
• Build PowerPoint presentations and other marketing materials for the firm
• Data management: ensure the integrity of data that is entered into the CRM, upgrade the data currently in the CRM, and generate deal pipeline reports daily for the team
• Write copy to be used in communication with business owners, investors, and other intermediaries
• Lead seller and broker calls
• Build and refine robust financial models, creating valuations (comparable companies, comparable transactions, DCF, LBO) and structuring transactions
• Lead due diligence on target acquisitions
• Support ad-hoc requests: may include generating reports and statistics, gathering market information on companies and industries, etc.
• Help automate any aspects of the role that can be and contribute towards Avalarian’s continuous improvement of its systems and processes
Qualification and Skills
• Excellent analytical, research, organizational, and communication skills – both written and verbal
• Maturity to work with sellers, brokers, and principals
• Positive personality and a ‘can-do’ mentality – proactive approach to work
• Superior work ethic & integrity with a willing to go above and beyond
• Uncompromising attention to detail and results driven
• Ability to work and deliver in an independent work atmosphere
• An interest in business, finance and investing (books read, experiences gained, etc.)
• Comfortable using MS Excel, PowerPoint, Excel, Zoom and other financial software applications
Educational Background
• Candidates who are currently enrolled in an MBA program or in a business-related master’s degree program are preferred
• Coursework relevant or application to business, finance, or accounting is preferable, but Avalerian will also consider interns with coursework or degrees in other related or quantitative fields