Private Equity - Investment Intern

Location

Salesforce Tower, 180 George Street, Sydney NSW 2000 — in person, five days a week

Position Type

Applications

Internship (unpaid)

We do not accept applications year-round. Applications open twice a year, in fixed windows, and close on the date shown. Applications received outside a window are not assessed and will not be held over.

Summer intake 2026-27 - OPEN

  • Applications close Friday 18 September 2026

  • Interviews held in the weeks beginning 21 September and 28 September

  • Four places available

Winter intake 2027 - opens 22 March 2027

  • Applications open Monday 22 March 2027 and close Friday 16 April 2027

  • Interviews held in the weeks beginning 19 April and 26 April

  • Four places available

  • Program starts late June 2027, aligned to the University of Sydney mid-year break

If the window is closed, check this page for the next opening date.

Program dates

Two intakes per year, aligned with university breaks:

  • Winter - six weeks across the mid-year break, typically from late June to the end of July

  • Summer - from late November to mid-December, resuming mid-January to mid-February, excluding the Christmas and New Year break

Exact start and end dates vary with the university calendar and are confirmed with each intake.

Overview

This is a full-time internship for undergraduates who want direct exposure to how a private equity firm sources, evaluates and executes investments. You will work alongside the investment team on live transactions, not simulated exercises.

The program is well established. You can see our current and past interns on the team page.

The internship is unpaid. A small number of interns have gone on to paid roles with us. It is not the expected outcome, and you should not take the internship on that basis - ask our alumni what happened to them.

What you will do

  • Research sectors and themes to identify Australian private companies with potential for long-term value creation

  • Conduct outreach to business owners and management teams via email, LinkedIn and phone, with disciplined follow-up

  • Attend meetings with management teams alongside the investment team

  • Analyse business models, profitability drivers and competitive positioning

  • Develop practical skills in financial analysis, deal screening and investor communication

What you will take away

  • A working understanding of how private equity firms evaluate and acquire businesses

  • Experience engaging directly with founders, management teams and advisers

  • Exposure to real investment processes from origination through to execution

Who we are looking for

  • A demonstrated interest in investing, evidenced by what you have already done rather than what you say you are interested in

  • Genuinely curious about how businesses work and what makes them valuable

  • Self-directed - sets priorities and follows through without being managed

  • Comfortable initiating professional conversations with founders and executives

  • Pursuing or recently completed a degree in Business, Finance, Economics or a related field

  • Strong research, analytical and written communication skills

Talk to our interns

Our current interns and alumni are listed on the team page, each with their LinkedIn profile. We encourage you to contact them, ask what the program is actually like, and ask whether they would be willing to provide a reference for you. Approaching someone you do not know and making a credible case for yourself is a core part of this job.

How to apply

Applications are only accepted while a window is open. Complete our online assessment as a first step: Attalis Candidate Assessment

The process takes around 60-90 minutes and can be completed in stages - your progress saves automatically. It covers a cognitive assessment, a short personality profile and a few written questions.