The State Board of Administration (SBA) is primarily an asset management organization responsible for investing state and local government assets. Established by the state’s constitution, its mission is to provide superior investment and trust services while adhering to the highest ethical, fiduciary, and professional standards.
Responsibilities
The Private Equity asset class is looking for an intern for Fall/Spring 2026/2027. The Private Equity Intern will focus on assisting Private Equity staff in the management, monitoring and analysis of private equity investments. Major components of the internship include the input and maintenance of data in the group’s CRM system, and to assist with investment manager analytics and private equity reports. The Private Equity Intern will also be asked to assist on special projects as appropriate and directed by the Private Equity team.
Responsibilities include, but are not limited to:
- Inputting and maintenance of data in the group’s CRM system,
- Assisting with investment manager analytics and private equity reports, and
- Assisting on special projects as appropriate and directed by the Private Equity Team
Qualifications
- Enrolled in an accredited college or university at a junior, senior or graduate level
- Pursuing a degree in a field of study related to investments, finance or economics
- An overall GPA of at least 3.0
Knowledge, Skills and Abilities:
- Proficiency in Microsoft Office (Power Point, Access, Word, Excel)
- Ability to exercise initiative and work independently with limited direction and oversight
- Ability to prioritize work assignments in order to meet deadlines
- Ability to research and summarize key points effectively
- Strong organizational and analytical skills including attention to detail, accuracy, and efficiency
- Excellent verbal and written communication skills
- Intellectual curiosity and the desire to learn
- General knowledge of investments required; additional knowledge of private market investments are preferred
Intern Positions are part-time (maximum of 20 hours per week) and paid $18 per hour
The State Board of Administration is an Equal Opportunity Employer
Successful completion of a pre-employment background check is a condition of employment with the State Board of Administration
Message from Allocator Jobs: To help prepare you for this role, take a look at the Institutional Allocator (IA) program from our partnership organization, the Allocator Training Institute. The IA program curriculum gives you a solid foundation of investing from the allocator’s perspective. You’ll learn how to evaluate investment managers, create an ‘endowment-model’ multi-asset class portfolio, and the quantitative tools necessary to succeed in the role. The three-part program can be completed in less than one year and exams are available every quarter-end month. This is the program that will help you start and then accelerate your allocator career. Reach out if you have any questions.
