Private Equity Rotational Internship (20K success bonus)
February 19, 2026
by a searcher from University of Pennsylvania - The Wharton School in Philadelphia, PA, USA
Wharton Capital Holdings LLC, a search fund featured in Bloomberg, The Real Deal, and NPR is recruiting interns to support deal sourcing and evaluation. The Principal, Angela Romero is Wharton Grad ’23, who received two fellowships, the Forté Fellowship awarded to the top women in business and the Perlman ETA fellowship awarded to the most promising ETA entrepreneurs. Angela started her career at Google and then was an early stage employee of two companies that IPO’ed at a 10B market cap. This opportunity is a great fit for undergraduates looking to pursue a career in consulting, investment banking, and private equity post-graduation. Also, be a great fit for 1st year MBAs looking to launch their own search funds.
To apply: Please complete this case https://docs.google.com/document/d/1CFOJF7o-T0MrDRBkM9Ezn2VXj8Bot0EhJS45G0uqHP8/edit?usp=sharing
Send it in a week to redacted
What you will learn:
- Bonus of $20,000 if we close on a proprietary opportunity you sourced or 10,000 for a broker opportunity your sourced and finished the transaction for, otherwise it’s unpaid
- This is structured as a rotational internship along the 3 teams: Strategy, Sales & Marketing, and Investor Relations, where you will gain key skills needed to pursue a career in consulting, investment banking, and private equity
- You will get a series of lectures that will teach you the full cycle of a private equity acquisition
- You will also gain access to WallStreet Prep’s full course catalog, including LLM LBO modeling class and an accounting crash course (unicorn)
- I’m also committed to help you by making introductions to my network and providing reference letters to help you post internship for high-performing interns (unicorn)
The mission of the intern team is to source and evaluate acquisition opportunities by:
- Industry identification: Conduct research on industries with outsized potential (unicorn)
- List building: Generate lists of potential businesses with matching criteria within industries
- Campaigns: Conduct marketing (email, mail, ect) campaigns to targeted businesses
- Deal screening: review CIMs or information from proprietary search. Assist in due diligence processes, including financial modeling, valuation, and preparing deal memos
- Iteration on industry theses: Refine industry theses and generate new niches
- Public relations/social media: We’ll connect with press outlets interested in ETA and will serve as a resource. We’ll draft update memos and hold investor calls. (unicorn)
Ideal Candidate:
Coachable: Hungry to learn and incorporate feedback when provided
Scrappy: resourceful, resilient, and determined, often possessing a "can-do" attitude and a willingness to overcome obstacles.
Creative: Comes up with unique, yet feasible ideas to make things happen
Committed: Willing to aggressively market the firm through outreach, networking, and thesis-based company targeting
Communicative & Organized: Terrific organizational, written and oral communication skills
What our past interns said
“I am incredibly grateful for my experience at Wharton Capital Holdings. The internship challenged me to work independently, allowing me to learn how to assess the total addressable market, build relationships with brokers, and analyze Confidential Information Memorandums. I had a more hands-on learning experience than many of my peers in other internships, and I always felt supported by my team, especially Angela. She was very attentive to my feedback and questions. Overall, I appreciate Angela’s guidance and the opportunities at WCH to grow and learn.” ~ Karina
"Wharton Capital Holdings provided me a phenomenal opportunity to not only learn about private equity, but also to put learning into practice. Through this internship I gained first hand experience generating deal leads and evaluating deal criteria. Angela was fantastic, and I felt like I had a real voice in the operations that WCH was undertaking. I would highly recommend". ~ Nick
Employment is “at will” and can be terminated by either party at any time
from Massachusetts Institute of Technology in Portland, OR, USA