StepStone is a rapidly growing Global Private Markets firm who provides customized investment and advisory solutions to some of the most sophisticated investors in the world. With $640 billion of total capital allocations, including $143 billion in AUM, we are highly diversified in the private markets across the globe and provide creative solutions to solve for the objectives of any investment program. With a culture built on entrepreneurialism, partnership and being a team within teams, our firm offers joiners the opportunity to think out loud, collaboratively.
The Team
StepStone Venture Capital is one of the largest venture capital investment firms in the world, currently managing nearly $30 billion in assets across fund, direct and secondary investment strategies. The team has over 80 employees with offices in Baltimore, London, La Jolla, and Palo Alto. We actively invest in venture capital partnerships, expansion stage venture/growth equity direct investments and secondary market positions through our fund products.
The Role
Summer Associates will be responsible for supporting the activities of the investment team in analyzing, monitoring, and researching both potential and existing fund and direct investments. Education is also a significant component of the program, as Summer Associates will gain insight into the broader venture capital ecosystem through data-driven research projects and hands-on analysis of prospective investments..
Responsibilities
As a core member of our tight-knit investment team, you will take part in the full spectrum of venture capital investing, including but not limited to:
- Assisting with the sourcing and evaluation of potential venture funds, expansion stage start-up and secondary investment opportunities, for consideration by the Investment Committee
- Monitoring a sub-set of the existing StepStone Group fund and company portfolio, reporting to the investment team on progress and projections, and preparing quarterly reports for our investors
- Performing broad scale industry research and analysis to learn about and understand industry landscapes within our focus areas, and advising the broader investment team accordingly
- Leading a team of analysts, maintaining responsibility for their workflow
- Completing a Capstone project at the end of the internship, related to identifying a potential direct company investment for the Investment Committee to consider
- Ad hoc projects as assigned
Desired Skills and Experience
We are looking for individuals who have a passion for venture capital. Most importantly, ideal candidates should display strong attention to detail, a high degree of professionalism, and a dedication to building and maintaining the firm’s existing relationships within the venture capital community.
Specific qualifications for the Associate position include:
- Enrolled in a full-time MBA program
- Graduate in December 2024 or Spring 2025
- 3-5 years working in venture capital, private equity, finance, engineering, start-up operations, consulting or similar industry preferred, but not necessary
- An appreciation for our platform approach and the benefits it can provide our investors
- A willingness to support all areas of our business, including our fund and direct investment strategies, both on a primary and secondary basis
- Hard working self-starter with an entrepreneurial mindset who excels with little direction
- People-first, with a personable and humble demeanor interested in supporting others
- An executive presence with the confidence to state your opinion and advocate for it
- Growth mindset and ability to project into the future to consider new technologies and how they may or may not be adopted by consumers and businesses
Click here to learn more about the intern experience.
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.
Developing People at StepStone
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