About the role 

StepStone seeks motivated undergraduates graduating between December 2026 and June 2027 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. 

What you’ll do 

As a Summer Analyst, you’ll work collaboratively to conduct due diligence on opportunities within SIRA's investment verticals, including infrastructure fund investments, co-investments, and secondaries. You will also prepare and present recommendations with the investment team to SIRA's Investment Committee. 

Key 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 
What we’re looking for 

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 2026 through June 2027 
GPA of 3.5 or higher 
Strong proficiency in Microsoft Word, PowerPoint and Excel 
Excellent written and verbal communication skills