Fund Origination - Intern

Posted 12 Days Ago
New York, NY
Hybrid
Internship
Fintech • Financial Services
The Role
As a Fund Origination intern, you will support various operational projects for funds, assist in launching feeder funds and registered fund technology, and document team processes. You will collaborate with a dynamic team and participate in projects while learning about private equity and alternative investments.
Summary Generated by Built In

2025 iCapital U.S. Summer Internship

Department: Fund Origination  

Location: New York, NY

iCapital is transforming investing in private equity, private credit, real estate, hedge funds, and structured investments by removing the roadblocks that have prevented greater participation in these private strategies. Join the Fintech company that is disrupting how individuals invest in private capital markets. iCapital services approximately $206 billion in global client assets invested in 1,679 funds, as of October 2024.

Join us this summer and make a meaningful impact while developing your professional skills in a dynamic team environment. Help shape the future of Fintech in the global Alternative Investment space.

Key features of our summer internship:

  • Become a key member of the iCapital team, driving initiatives, contributing to projects, and potentially jumpstart your career with us after graduation.
  • Immerse yourself in an inclusive company culture where we create a sense of belonging for everyone.
  • Gain exclusive access to the AltsEdge Certificate Program, our award-winning alternative investments education curriculum for wealth managers.
  • Attend recurring iLearn seminars and platform demos where you will learn the latest about our products.
  • Participate in an intern team project, culminating in an end-of-summer presentation to a panel of senior executives.
  • Join senior executive speaker seminars that provide career development, guidance, and access to the leaders at iCapital.

About the role:

The Fund Origination department includes multiple teams dedicated to managing all operational review for the iCapital funds platform.

  • Support various in-flight projects for diverse iCapital services including Special Product Vehicles (SPVs) build outs, Single Managed Accounts (SMAs), and new registered funds.
  • Facilitate feeder fund launches, SPVs, SMAs, registered fund technology, due diligence, and investment management services by helping to develop presentation materials for the team.
  • Develop a matrix of product specifications across feeder funds and technology offerings.
  • Coordinate fund launches with distributors and platforms by managing diligence inquiries and onboarding requests.
  • Document team processes and researching with partners across iCapital to identify areas of improvement and develop actionable adjustments to workflows.

Valued qualities and key skills:

  • Highly inquisitive, collaborative, and a creative problem solver
  • Possess foundational knowledge of and/or genuine interest in the financial markets
  • Able to thrive in a fast-paced environment
  • Able to adapt to new responsibilities and manage competing priorities
  • Technologically proficient in Microsoft Office (Excel, PowerPoint)
  • Strong verbal and written communication skills

What we offer:

  • Outings with iCapital team members and fellow interns to build connections and grow your network.
  • Corporate culture and volunteer activities in support of the communities where we live and work.
  • Rooftop Happy Hours showcasing our impressive views of NYC.

Eligibility:

  • A rising junior or senior in a U.S. college/university bachelor’s degree program
  • Committed to working five days a week in the New York City office for the entire duration of the internship
  • Authorized to work in the United States*

*We are unable to offer any type of employment-based immigration sponsorship for this program

Pay Rate: $41.00/hour + relocation stipend and transportation stipend

iCapital in the Press:

We are at the cutting edge of using technology to democratize investing in alternatives, but don’t take our word for it. Here’s what others are saying about us:

  • Seven consecutive years on the Forbes Fintech 50 list, which highlights the most innovative private companies in personal finance, investing payments and crypto assets
  • Three-time selection to Forbes’ Best Startup Employers List
  • Four-time winner of the Money Management Institute/Barron’s Solutions Provider of the Year

For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us  Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/

iCapital is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

Top Skills

Excel
PowerPoint

What the Team is Saying

Matt
Lisa
Chao
Chris
Juan
The Company
New York, NY
1,464 Employees
Hybrid Workplace
Year Founded: 2013

What We Do

Powering the World’s Alternative Investment Marketplace. Part innovator, part educator, and part navigator of the alternatives industry, iCapital offers intuitive, scalable digital solutions that have transformed how private market and hedge fund investments are bought and sold. With iCapital, financial advisors, wealth managers, and asset managers around the world now have access to everything they need to deliver the return and diversification potential of alternatives to high-net-worth investors.

Why Work With Us

iCapital is a technology-driven cutting edge firm with an entrepreneurial spirit. You'll have the opportunity to make important contributions as part of a dynamic team where you can maximize your potential, develop new skills, and help change an industry within an innovative and fast-paced setting.

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iCapital Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: 4 days a week
New York, NY

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