Women In Investment Management Internship Program

Massachusetts Pension Reserves Investment Management Board (PRIM)

As a PRIM intern, you have the opportunity to work with senior leadership and learn about the investment management industry from the capital allocator vantage point. This is an opportunity to develop new skills and establish a network of mentors and professional resources. Due to our small firm size, you will work closely with senior members of PRIM’s investment team and attend meetings with external asset managers, exposing you to industry leaders.

The Internship Experience

Our interns are given the opportunity to learn about our business from different viewpoints, giving you a diverse work experience. Working on our day-to-day business, as well as on special projects, you will contribute to the innovation of new ideas and investment strategies. Potential internship focus areas:

  • Public Markets and Fixed Income
  • Private Equity
  • Real Estate

Responsibilities may include:

  • Work on projects that impact PRIM’s investment strategy.
  • Conduct market research, financial modeling, investment valuation and other due diligence work related to prospective investments.
  • Analyze operational forecasts and budgets for active and potential investments.
  • Build company specific financial and valuation models.
  • Attend PRIM Board and Committee meetings and hear presentations from PRIM leadership.
  • Attend internal investment strategy sessions and external asset manager meetings.
  • Gain experience using industry tools like FactSet, Bloomberg, and eVestment.
  • Participate in due diligence calls and meetings with existing and prospective investment managers.
  • Prepare financial models for prospective portfolio company.
  • Assist in the management of due diligence data rooms for prospective investments and ensure the collection, organization, and completeness of requested information.
  • Perform market and sector research as needed.
  • Research and analyze portfolio company information, including financial statements, tax returns, collateral, agreements, contracts, legal documents, and other key items that affect credit risk.
  • Compile data and analyze existing portfolio companies based on past, current, and projected performance.
  • Assist in the preparation of investment due diligence reports and recommendations.
  • Perform other related duties and assignments, as delegated.
 

Minimum Qualifications

  • At least two years of undergraduate studies in a related field and strong track record of academic success.
  • Strong analytical and MS Excel skills.
  • Strong oral and written communication skills and attention to detail.
  • Ability to interact effectively with various stakeholders
  • Ability to work well both independently and as part of a team.
  • Willingness to take ownership and to manage internal and external deadlines.

It is the policy of Pension Reserves Management Board to afford equal employment opportunity to all qualified persons regardless of race, color, religious creed, national origin, ancestry, age, military status, sexual orientation, disability, genetic information, gender identity, gender expression or gender unless based upon a bona fide occupational qualification.

Application Period Closed Summer 2024

For more information on other internships offered through the CFA Society Boston Undergrad Women's Internship Program click here.