Summer Analyst (Internship) Opportunity

Job Title: Summer Analyst

Location: Chicago, IL

Desired Start Date: June 2024 (flexibility to start earlier)

Internship Term: 8-12 Weeks

Summary

The Summer Analyst will be part of a small team focused on investing in investment firms and funds led by Diverse Talent[1] / Diverse Managers. The Summer Analyst will be engaged in projects that are important to the investment activities and operations of MPowered, while having opportunities to gain insight into the firm’s investment process and portfolio management activities.

The role is based in Chicago, where a number of our team members are located. We do offer a hybrid work environment with flexibility to work virtually as well as in the office. In addition, we anticipate the Summer Analyst will travel to Minneapolis at least once during the course of the internship to meet with the MPowered team. The Summer Analyst will also have access to our affiliated firm, Värde Partners’ (“Värde”), summer internship programming (e.g., speaker/roundtable events, social hours).

Employer

MPowered Capital (“MPowered”) invests in best-in-class Diverse Talent in the private alternative investment space through Fund Investments, GP Structured Partnerships,[2] and Direct/Co-Investments,[3] with flexibility across asset classes and industry sectors. Founded by Marcia Page, the firm is focused on accelerating equity for women and other underrepresented talent through capital, commitment, and connections. Despite generating outperformance, Diverse Talent has been underrepresented and undercapitalized due to a variety of structural forces and unconscious/affinity bias. This has created a significant dislocated investment opportunity that MPowered is uniquely positioned to capture. Through the team’s collective experience and proven investment track records, strong operational expertise, and deep industry connections, MPowered is accessing an exceptional, diversified pool of talent to generate superior risk-adjusted returns.

Overview of Responsibilities

·         Generate, research, and present investment themes to the investment committee

·         Update/maintain database and pipeline of Diverse Managers / Diverse Talent

·         Research top service providers for emerging investment firms

·         Attend (virtual and in-person) conferences and webinars to understand key market and industry trends, and provide summaries to the investment team

·         Participate in introductory meetings and annual meetings to evaluate new managers and to understand the latest developments / performance at existing managers

·         Support ongoing investment diligence and underwriting, including the preparation of investment committee materials and presentation of investment recommendations

·         Assist on ad hoc projects and provide general support to the team

Ideal Candidate

·         Undergraduate Sophomore or Junior with a strong academic record

·    Economics, business, finance, or accounting majors preferred; hard sciences or research/data-driven social sciences backgrounds also acceptable

·         Interest in investment banking, management/strategy consulting, and/or alternatives investing following graduation

·         Excellent research and communication (both written and oral) skills

·         Comfortable with quantitative analyses

·         Familiarity with Microsoft Office tools (Word, PowerPoint, Excel, Outlook)

·       Proactive and resourceful self-starter with a strong work ethic who can thrive with significant autonomy and also enjoys working in team-based environments

·         Highly organized, detail-oriented, and able to thrive in a very fast-paced environment; ability to multi-task and prioritize among many time-sensitive demands

·         High level of professionalism and integrity

The successful applicant for this position must be authorized to work in the United States without sponsorship. Inquiries and resumes may be submitted to hr@mpoweredcapital.com. For more information about the firm, please visit mpoweredcapital.com 

[1] Diverse Talent refers to women and other underrepresented groups (including, but not limited to, Black/African Americans, Latinx/Hispanic Americans, Native Americans, and Asian Americans).

[2] GP Structured Partnerships refer to seeding relationships and investments (including, but not limited to, working capital funding plus a fund commitment) in fund managers owned, controlled, and/or founded by Diverse Talent with the intent of accelerating their launch and/or supporting their growth.

[3] Direct/Co-Investments represent investments in opportunities led, originated, and/or otherwise sourced or underwritten by Diverse Talent into operating/portfolio companies.