great culture and learning experience.
Investment Associate Intern (Former Employee) – Washington, DC – November 1, 2016
Great exposure to Private Equity industry:
• Distilled fund prospectus, track record analysis, and due diligence results into investment memorandums to render recommendations for the approval/denial of credit requests of up to $150 million per fund.
• The first intern in the Licensing Division to directly present a venture capital fund to the SBIC agency Investment Committee, addressed all quantitative and qualitative analysis with regard to the funds analyzed and fund managers.
• Conducted in-depth analysis on private equity firm’s national and international investments, reviewing fund managers’ investment strategies and portfolio’s structure & pricing, analyzing track records (recalculated and benchmarked gross/net IRR, multiples including TVPI,DPI, RPI) and funds’ forecasted statements & loan payback schedules (built coverage ratio projection models) to determine congruence with SBIC Program’s investment philosophy.
• Frequented SBIC Investment Committee interviews of fund managers, portfolio company CEOs and institutional limited partners to perform extensive due diligence on fund managers.