Women In Investment Management Internship Program

Massachusetts Pension Reserves Investment Management Board (PRIM)

Mass PRIM has one internship opening during the summer of 2019. One intern will be hired who may work in one of the following areas depending on the needs of the firm.

Real Estate and Timberland Investment Intern

Responsibilities and Duties

  • Conduct research and assist in the management of PRIM’s commercial real estate and timberland portfolios
  • Perform due diligence and performance analysis on existing and potential new investments
  • Attend manager meetings as needed, taking notes and observing key takeaways
  • Attend property tours and attend industry events, when appropriate, in the local Boston market
  • Prepare weekly economic update of current market events to present to the investment team

Interests, Experience or Qualifications

  • Interest in researching asset allocation strategies, global economics and real estate and timberland markets
  • Proficiency with Excel preferred; experience with Argus is a plus but not required
  • Academic experience and/or interest in fundamental and statistical research Interest in gaining industry experience and exposure to top real estate and timberland investment managers
  • Ability to prepare and present research findings to colleagues at PRIM

Private Equity Intern

Responsibilities and Duties

  • Support the Private Equity team in managing a broadly diversified portfolio of private equity, venture capital and private debt funds
  • Conduct investment research on portfolio strategy and private markets using both quantitative tools and qualitative analysis
  • Assist in portfolio monitoring, manager reviews and performance analysis
  • Attend industry events, when appropriate, in the local Boston area
  • Prepare weekly economic update of current market events to present to the investment team

Interests, Experience or Qualifications

  • Interest in gaining industry exposure to investors making significant contributions across a wide range of private investment types
  • Ability to prepare and present investment analysis and research to colleagues and other stakeholders
  • Experience with MS Office suite; proficiency in Excel
  • Academic experience and/or interest in fundamental and statistical research

Public Markets Intern

Responsibilities and Duties

  • Assist with monitoring the investment performance of a portfolio of publicly traded domestic equity, international equity, emerging markets equity, fixed income, and high yield bond investment managers
  • Review monthly and quarterly manager performance reports and understand the reasons for good or poor performance
  • Provide analytical and research functions as instructed by senior staff
  • Prepare daily market snapshot with the help of FactSet database to be distributed to the investment team
  • Attend industry events, when appropriate, in the local Boston area
  • Prepare weekly economic update of current market events to present to the investment team

Interests, Experience or Qualifications

  • Knowledge of Bloomberg a plus, or interest in learning Bloomberg software
  • Interest in gaining industry experience and exposure to top investment managers in the industry
  • Curiosity of market events and the impact of each on a publicly traded portfolio

Portfolio Completion Strategies Intern

Responsibilities and Duties

  • Support the PCS team in utilizing systematic tools to monitor and analyze portfolio risk and performance
  • Assist in evaluating fund manager skill using both a quantitative framework and qualitative analysis
  • Support research initiatives as needed, including providing thorough analysis, clear presentation and necessary documentation of relevant information
  • Stay abreast of both commercial and academic research in a broad field of investment topics
  • Prepare weekly economic update of current market events to present to the investment team

Interests, Experience or Qualifications

  • Interest in multi-asset classes and modern portfolio theories
  • Self-starter with curiosity about investment management
  • Academic comprehension of complex financial concepts and solutions
  • Interest in econometric and quantitative finance techniques

Apply