Yale Investments Office 2021 Recruiting
Position: Summer Investment Analyst (Summer 2022)
Application Deadline: July 15th at 11:59 PM ET
Application Details: Please apply directly on our website. You do not need to apply on Symplicity.
Information Session: Learn more about the position by attending our virtual event. Details and the registration link are available on our Facebook page (https://fb.me/e/13AYcOPHZ).
Do you love Yale? Are you excited by the prospect of meeting best-in-class investment managers, venture capitalists, and hedge fund managers? Are you intellectually curious, analytical, personable, and eager to work for a meaningful cause? If so, this is a position unlike any other in finance.
The Yale Investments Office (“YIO”) is widely regarded as one of the top institutional investors in the world, achieving market-leading returns over the past 30 years. Under the leadership of our late Chief Investment Officer David Swensen, the YIO pioneered the Yale Model, an investment framework now used by many leading institutional investors. Today, the Endowment invests in U.S. and foreign equities, hedge funds, leveraged buyouts, venture capital, real estate, and natural resources. Over the last 20 years, the Yale Endowment has contributed over $17 billion to the University’s operating budget, contributions that enable Yale to maintain its generous financial aid, extraordinary teaching, and state of the art research.
Summer Investment Analysts work closely with the twenty-one full-time investment professionals who run the University’s $31 billion endowment. Unlike narrowly defined internships on Wall Street, this experience offers the unique opportunity to learn about a wide variety of asset classes and investment strategies. Summer Investment Analysts work on analytical projects across asset classes and take part in Yale’s engagements with potential investment managers. In addition to offering full-time positions for successful interns, we have helped facilitate opportunities to work for Yale’s world-class investment partners. Past interns have gone on to internships and full-time positions with Yale’s hedge fund, venture capital, real estate, and natural resources managers.
In the past, Summer Investment Analysts have worked on various projects, including:
- Facilitating the screening, selection, and monitoring of investment managers through background research, manager meetings, and portfolio analysis
- Assessing the Chinese venture capital and biotech landscape for potential opportunities
- Exploring the viability of investments in emerging markets such as South America
- Analyzing the performance of Yale’s venture capital investments after going public
- Evaluating the economic and environmental merits of peat bogs as a potential investment
The internship consists of the summer program in which interns rotate through three asset class groups: private equity, marketables, and real assets. Successful interns have been offered full-time positions upon graduation and/or the opportunity to continue interning at the office during the following school year(s).
We are looking for interns with excellent analytical abilities and writing skills as well as a sense of humor. All majors are encouraged to apply.
For your application, please include the following:
- Resume and Unofficial Transcript (Please upload your most recent unofficial academic transcript along with your resume as a single document using the “Resume/CV” field on the application).
- Cover Letter (Optional)
We encourage all potential candidates to do some background reading beforehand. Our 2020 Annual Report can answer many common questions applicants may have. We recommend starting with pages 3 and 5-7 as an introduction. The Investments Office website is another useful resource.
Yale does not discriminate in admissions, educational programs, or employment against any individual on account of that individual’s sex, race, color, religion, age, disability, status as a protected veteran, or national or ethnic origin; nor does Yale discriminate on the basis of sexual orientation or gender identity or expression.
University policy is committed to affirmative action under law in employment of women, minority group members, individuals with disabilities, and protected veterans.