Private Markets Investment Intern - Summer 2027

Be a Summer 2027 Private Markets Investments Intern at Missouri's largest defined benefit pension plan.

About PSRS/PEERS

PSRS/PEERS is the largest defined benefit pension plan in Missouri with more than 320,000 members. We work in partnership with Missouri public school districts to provide retirement security for Missouri's public school teachers and education employees. Our 180 employees work out of locations in St. Louis, Missouri and on the west side of Jefferson City, Missouri. Our office is open from 7:30 a.m. to 4:30 p.m. Monday through Friday, and many positions have scheduling flexibility within those hours. We provide state-of-the-art technology and security, with comfortable, ergonomic working spaces and collaborative areas throughout the building. Employees enjoy ample on-site parking and a flexible, employee-centered work environment.

About the role

PSRS/PEERS Private Markets Investments Interns have the unique opportunity to be part of the investment team of an award-winning, world-class institutional investment program, with an internship experience particularly focused on private equity and private credit asset classes. The market value of total invested assets for PSRS/PEERS is approximately $65 billion as of December 31, 2025. Private equity and private credit have target allocations of up to 21% and 8%, respectively, of plan assets. The primary focus of the investment program is to achieve an annual return of at least 7.3% over long periods of time. PSRS/PEERS attempts to reduce overall portfolio risk by diversifying into several asset classes including both public and private investments, across both domestic and international markets.

As Private Markets Investments Intern, you will support the PSRS/PEERS Private Equity and Private Credit ("Private Markets") investment team, overseeing approximately $14 billion of assets. You will assist with diverse, high-impact tasks and projects, both ongoing and as assigned. You will gain valuable knowledge and experience across private markets, particularly in the underwriting, management, and monitoring of the Private Markets Portfolio. This position reports directly to the Investment Officer, Private Markets and will work closely with members across the broader Private Markets team. It is a paid position with flexible scheduling, located at our office on the west side of St. Louis, Missouri.

Responsibilities

• Support the Private Equity and Private Credit investment team in overseeing approximately $14 billion of assets
• Assist with diverse, high-impact tasks and projects, both ongoing and as assigned
• Gain experience in the underwriting, management, and monitoring of the Private Markets Portfolio
• Prepare reports and presentations
• Maintain physical and electronic files
• Periodic and infrequent day travel to the PSRS/PEERS Jefferson City, MO office

Requirements

• Current university student pursuing a bachelor’s degree in business administration, finance, accounting, economics, or a related field
• Natural interest in, or openness to learning about, private equity, private credit, and alternative investments broadly
• Intellectually curious and open-minded team player who works well independently and in team situations
• Excellent verbal and written communication skills
• Knowledge of finance and investment principles and practices, methods and techniques used for financial analysis, and administrative organization and support processes
• Skilled in the use of a personal computer and standard business software including Microsoft Office products such as Outlook, Word, Excel, and PowerPoint; experience building or maintaining databases is a plus

Pay

$25.00 / hour