Campus Recruiting – 2027 Investment Banking Summer Analyst – Capital Solutions

Job Description:

At Piper Sandler, we connect capital with opportunity to build a better future. 

We believe that diverse teams with unique backgrounds, skills and experiences yield more innovative solutions. This is reflected in our commitment to engage, hire, and retain bright, committed people to work in partnership within an inclusive environment that allows each person to achieve personal success and add value to our teams and communities.

The Summer Analyst Program

Piper Sandler is currently seeking undergraduate students for our 2027 Investment Banking Summer Analyst Internship Program. Summer Analysts generally work 10 weeks within an industry or product group in Investment Banking and have the opportunity to learn financial modeling and basic analysis of companies and industries, as well as gain an understanding of the dynamics of the capital markets.

The Internship Program includes one week of formal training held near Piper Sandler's Minneapolis, MN headquarters. Interns will also have the opportunity to attend networking events during the program. Our Investment Banking internships are a direct pipeline to our full time Analyst positions for the following year.

Our Capital Solutions group is currently seeking a 2027 Summer Analyst in our New York, NY office.

The Capital Solutions group is an integral team within Aviditi Advisors. In August 2024, it was announced that Piper Sandler completed its acquisition of Aviditi Advisors (press release) representing the next chapter in the firm's continued growth. Aviditi Advisors is a premier independent advisory firm that provides comprehensive, tailored solutions throughout an alternative investment manager's lifecycle. A candidate would have the ability to join an entrepreneurial and growing team looking to build out a highly differentiated, private equity focused advisory platform. Aviditi Advisors operates across three core business lines: primary and secondary advisory & fundraising and direct transaction solutions. Since inception in 2020, Aviditi has advised on over $30 billion in transaction volume. More detailed information on Aviditi, now the Private Capital Advisory Group within Piper Sandler, can be found here.

The Capital Solutions group provides best-in-class solutions to its private equity clients' portfolio companies. Specifically, the team partners with private equity sponsors on control buyouts to raise third-party capital. These solutions generally take the form of equity co-investment or hybrid capital (HoldCo PIK, preferred/mezzanine equity & debt) syndications. Capital Solutions is led by an ex-KKR executive, and the team leverages decades of expertise in capital markets to originate, structure, and execute these transactions.  A Summer Analyst would have the opportunity to gain an array of deal experience as part of a growing and execution-focused team.

Key deal execution tasks include:

• Preparing marketing materials (i.e., investor presentations, financial models, supporting due diligence materials, etc.)

• Assisting in development of investor targeting strategies

• Participating on investor calls and in meetings

• Facilitating investor due diligence and legal negotiation processes

Other day-to-day responsibilities include:

• Interfacing directly with private equity clients, management teams, and investors

• Assisting in the screening and due diligence of prospective new mandates

• Monitoring and interpreting key macroeconomic trends (i.e., activity in equity and debt capital markets)

• Driving internal business building initiatives, including origination and investor engagement tracking, marketing material development, and investor & sponsor mapping

Qualifications:

• The Internship Program is open to students who anticipate graduating from a top-tier undergraduate institution in December 2027 or May/June 2028

• Minimum 3.5 GPA

• Seeking a bachelor's degree in Accounting, Finance, or Economics or another business-related field

• Excellent quantitative and analytical skills, including Excel modeling and valuation

• Very strong technology background with exceptional Excel, Power Point skills

• Outstanding written and verbal skills with specific ability to communicate concepts and ideas concisely

• Ability to work well under pressure, manage tight deadlines, and have the aptitude to synthesize large amounts of information

• Strong interpersonal skills, detail oriented, organized, pro-active, intellectual curiosity, and an ability to thrive in a high energy, dynamic environment

• Ability to comfortably interact with clients in the utmost professional and mature manner

• Outstanding ethics, integrity, and judgement

• Prior to the start of the internship, it is beneficial for interns to have taken finance and accounting courses or self-study. Training will be provided prior to the start of the internship.

• You must be work authorized in the United States on a full-time basis without the need for employer sponsorship now or in the future. The Company cannot offer employment to F-1 (student) visa holders who require employer sponsorship in the future or cannot work now on a full-time basis.

As a leading investment bank, we enable growth and success for our clients through deep sector expertise, candid advice and a differentiated, highly productive culture.

Our investment banking clients have access to unparalleled guidance through our deep product and sector expertise and ready access to global capital. We take pride in providing our clients with thoughtful advice and diligent execution, no matter the economic environment. Our investment banking group partners with corporate clients and financial sponsors to provide advisory and financing services related to mergers and acquisitions, equity and debt capital markets, private placements, restructuring and corporate & venture services. We offer in-depth knowledge and industry relationships in our core sectors of chemicals, consumer, diversified industrials & services, energy & power, financial services, healthcare and technology. Learn more about our investment banking team here.

Piper Sandler values a strong culture dedicated to the emotional and physical well-being of our employees. Learn more about our commitment to our employee's health and well-being.  Learn more about our benefits program and how we are here for our employees and their families today, tomorrow, and beyond.

All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, sexual orientation, gender identity, national origin, disability, age, marital status, status as a protected veteran or status with regard to public assistance.

The anticipated starting salary for New York City-based individuals expressing interest in this position is based off an annualized salary of $110,000 per year.