Financial Advisory Summer Analyst Program - Private Capital Advisory

New York Financial Advisory Summer Internship

Lazard is one of the world’s preeminent financial advisory and asset management firms.
Our people and culture make the difference
. While global in presence and reach, ours is a close, collaborative community of just over 3,000 professionals. Lazard is a place of continuous knowledge sharing, skill development and relationship building, where professionals grow and succeed together. Our entrepreneurial culture, flat structure and embrace of individual differences, allow creative ideas, original concepts, and unique perspectives to drive our business forward — and for careers to take flight.

Through our financial advisory business, Lazard advises clients around the world on strategic and financial matters including mergers and acquisitions, restructurings, capital structure and capital raising. Our client relationships are built on trust and discretion. As the world’s largest advisory-focused firm, we have exceptional depth of expertise across industry sectors and geographies. We value the rich diversity that comes from blending local perspective with our global network.

Lazard is a global leader in raising capital, executing secondary transactions, and providing capital solutions for private investment funds. The team is comprised of over 100 professionals across two core markets: primary fundraising and secondary advisory. Private Capital Advisory (“PCA”) clients include a broad range of leading private equity, private credit, real asset, and infrastructure investors who pursue investment opportunities within these alternative investment spaces.

Lazard PCA is a recognized leader in these markets and one of the longest tenured firms operating in the space.

Members of our PCA team have been involved in over 500 private capital‑raising assignments since 2003. Our group has built one of the broadest institutional investor coverage networks in the industry and has cultivated relationships with over 1,500 investing institutions globally, in addition to advising on many of the largest and most innovative transactions in the secondary markets.

• Secondary Advisory:
  • Dedicated global team of secondary transaction experts advising predominately on GP‑led transactions (single / multi‑asset continuation fund, strip sale, tender offer, etc.) and LP‑led secondary transactions (sale processes of existing fund positions on behalf of institutional investors)
  • Experienced advisor on the sale or spin‑out of management companies, as well as the leading advisor in the financial sponsor liquidity solution market today
  • Lazard PCA has advised many of the leading financial sponsors in the world and created many of the structures that are now commonplace in the secondary market
• Private Equity and Credit Fund Placement:
  • Advises private equity and credit firms on raising capital across fund types and structures
  • Decades of experience and a global network of relationships with relevant sources of capital
  • Successful capital raising track record with special expertise in complex transactions across a variety of strategies and sectors
• Real Asset Fund Placement:
  • Advises real estate and real asset general partners and fund sponsors seeking to raise capital
  • Experienced in working with both equity‑and debt‑focused managers across a range of investment vehicles, including closed‑ and open‑end funds, private REITs, and programmatic joint ventures
  • Advise on complex assignments involving real estate and real assets fund restructurings

Summer Analysts in Lazard's Private Capital Advisory Group will work in one of three separate lines of business within PCA
:
1) Secondary Advisory,
2) Private Equity and Credit Fund Placement, or
3) Real Asset Fund Placement.

As part of the Secondary Advisory business line, Summer Analysts will work in tandem with Analysts and Associates during the preparation of a transaction (i.e., drafting marketing materials such as a Confidential Information Memorandum, building a Portfolio / Asset Projection Model(s), preparing the Virtual Data Room, etc.) and during the marketing and due diligence phases of the transaction (i.e.,…