PRIVATE EQUITY ASSOCIATE UNPAID INTERNSHIP - SEEKING ONE INTERN WITH EX MCKINSEY SEARCH FUND
Succession Management Capital
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Succession Management Capital (www.successionmanagementcapital.com (https://www.successionmanagementcapital.com/)) is a self-funded search seeking one part-time unpaid intern who will exclusively work with us. The role has flexible work hours is fully remote. It includes training that will prepare someone for investment banking, private equity, corporate M&A and business development roles. Additionally, the intern will be able to fill out thier resume with valuable bullets on their experience. Please see the following from our past intern
Private Equity Associate
Sourcing Investment Opportunities
* Employees creative business development techniques such as web scraping, networking virtually during COVID and building relationships with business brokers to identify, screen and obtain 100+ acquisition opportunities * Sent automated email campaigns to over 1,800 business brokers, increasing qualified deal flow by 180%
Due Diligence on Automated Assembly Machine Manufacturer
* Analyzed and synthesized industry reports to think through impact of COVID-19 on assembly line manufacturing * Identified key competitors within California to assess how the company’s services and offerings compare to peers * Developed a 5-year leveraged buyout financial model with varying scenarios for COVID economic recovery
* Updated the company website, one pager, and PowerPoint deck with new information and improved visual layout * Created and managed a LinkedIn social presence to connect with more business brokers
Ideal candidates could be recent grads job-hunting or a student taking the semester off and time will be spent:
• Identifying and leading outreach to target companies • Screening inbound opportunities • Conducting broker/banker research and outreach • Researching industries and competitors • • Other activities, as needed
The ideal candidate will have some finance/accounting knowledge, excellent English, intermediate/ Excel skills, a strong work ethic, and willingness to work independently and speak with owners and deal intermediaries.
Position details: • 10-20 hours per week with flexibility day-to-day / week-to-week • Start: Starting ASAP • Duration: Minimum of 16 weeks • Location: Remote, we are based out of California • Compensation: Unpaid internship, but in some cases can receive academic credit
More on SMC
Leland Char and Matt Wong, both Managing Partners at Succession Management Capital, have been close friends for over a decade. They met while competing as teammates in international business case competitions and completed engineer & finance degrees concurrently at the University of Southern California.
Since then, Leland and Matt have lived together, traveled internationally, and built combined experiences that span two decades across strategy, sales, operations, investment banking, private equity, credit investing, and technology product development. They have worked at some of the most preeminent professional companies in the world, including McKinsey & Company, Oaktree Capital, and Facebook but also come from humble backgrounds where both of their fathers were small business owner-operators.