The Penn Office of Investments is responsible for investing the University’s endowment, pensions, and other long-term assets, collectively valued at over $16 billion as of June 30, 2019. Members of the investment team travel the globe to source new investment opportunities and maintain relationships with leading investment firms. With one of the largest endowments of any U.S. university, Penn partners with investment managers of the highest caliber across all geographies and asset classes, including hedge funds, private equity, venture capital, public equities, and real assets. Details below.
The summer investment analyst position is a 10-week program from June through early August that offers rising seniors or juniors the opportunity to explore a potential career in investing while learning valuable business skills on-the-job. Summer analysts work across multiple asset classes on both manager and research projects. Successful summer analysts may be offered the opportunity to join the Office full-time upon graduation.
Summer Analysts are fully engaged in all Office activities by meeting with current and prospective investment managers and working on a range of analytical and research projects. Summer Analysts will develop relationships with senior investment professionals and gain exposure to multiple asset classes over the course of the ten-week program. The position has the potential to transition into a full-time role after graduation. Summer Analysts will work closely with a mentor to track their progress and identify their long-term career goals. Candidates should currently be enrolled in an undergraduate university program as a sophomore or junior.
How do I find out more?
You can visit our website, RSVP to our information session on Thursday, August 27th at 6:30 PM in Steinberg Dietrich room 215, or catch us at the Career Fair. Applications for Full-Time and Summer candidates are due on Handshake on Thursday, September 10th by 10:00pm. Please reach out to our hiring email (inv_hiring@lists.upenn.edu) if you have any additional questions.
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.
