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Jobs · Business Development · New York

2027 Summer Intern - Private Strategies Analyst, US (Special Situations, NYC)

PIMCO · New York, NY · 1 mo ago
On-siteBusiness Development$52.88/hrVolunteer

About the role

PIMCO is a global leader in active fixed income. Since launching in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 50+ years since, we have worked relentlessly to help millions of investors pursue their objectives—regardless of shifting market conditions. As active investors, our goal is not just to find opportunities, but to create them. To this end, we remain firmly committed to delivering superior investment returns, solutions, and service to our clients.

Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed, and this has led to PIMCO being recognized as an innovator, industry thought leader, and trusted advisor to our clients.

Responsibilities

  • Support sourcing, evaluating, underwriting, and managing alternative credit and private strategy investments
  • Conduct financial modeling and qualitative analysis in support of direct lending and special situations/distressed debt investing
  • Work alongside seasoned associates and Portfolio Managers on team efforts

Eligibility

  • Pursuing an undergraduate degree
  • Must be able to begin full-time employment at a PIMCO office between January 2028 – August 2028
  • Must be enrolled at a university during the Fall 2027 semester (August 2027 – December 2027)
  • Minimum 3.2 cumulative collegiate grade point average on a 4.0 scale (or equivalent) at an accredited 4-year college or university
  • Business-proficient in English

Qualifications

  • Strong interest in financial markets, macroeconomics, and investment finance
  • Skills conducting research and basic financial modeling
  • Natural intuition to make good judgments
  • Proactive in thinking about potential investment ideas
  • Strong written and oral presentation abilities; persuasive and credible
  • Strong work ethic and integrity; team player who is proactive and self-motivated
  • Ability to work effectively on multiple projects simultaneously

Preferred

  • Investment banking sophomore internship experience
  • Curiosity and experience using emerging technologies and AI tools in work or school projects to solve problems and drive better outcomes

About the team

PIMCO’s Private Strategies team has developed a significant presence in alternative credit and private investment strategies over the past 15+ years. Our strategies include those that identify value primarily in listed securities through fundamental and capital structure analysis, as well as strategies that privately finance the debt and equity needs of companies, asset holders, and origination platforms. We invest globally across commercial and residential real estate and mortgage credit, performing and distressed corporate debt, and specialty finance markets.

Internship experience

  • 10-week program from early June to mid-August; full duration required
  • Week 1: PIMCO Fundamentals Training to build skills, knowledge, and relationships
  • Participate in PIMCO’s Global Month of Volunteering
  • Cross-divisional education, networking, and social events
  • Supervisor, peer mentor, senior leaders, and team provide guidance and mentorship
  • Hands-on experience with AI-powered tools from day one
  • Mid- and end-of-summer formal reviews

Compensation

Hourly rate: $52.88

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