2024 Private Capital Advisory Semester Internship Programme - Singapore

LAZARD ASIA SEMESTER INTERNSHIP PROGRAMME

Lazard is one of the world’s leading financial advisory and asset management firms. Our people make the difference. With just over 3,000 employees, our tight-knit community allows for professionals eager to learn and willing to teach, to connect and to grow together. We believe that inclusion, diversity, equity and allyship are not just business imperatives – they are central pillars of our employee experience. Our entrepreneurial culture and flat structure allow creative ideas and original concepts to drive our business forward – and for careers to take flight. Through our financial advisory business, Lazard advises clients around the world on strategic and financial matters including mergers and acquisitions, restructurings, capital structure and capital raising. Our client relationships are built on trust and discretion. As the world’s largest advisory-focused firm, we have exceptional depth of expertise across industry sectors and geographies. We value the rich diversity that comes from blending local perspective with our global network.

Private Capital Advisory

Lazard Private Capital Advisory (“PCA”) is a global business with 9 offices across the U.S., Europe, Asia and the Middle East. The team is comprised of over 85 professionals across two core markets: primary fundraising and secondary advisory. PCA clients include a broad of range of leading private equity, real estate, debt and infrastructure managers and investors who pursue investment opportunities within these alternative investment spaces. Lazard PCA is a recognised leader in these markets and one of the longest tenured firms operating in the space. 

• Secondary Advisory: Lazard advises (i) institutional investors (“LPs”) seeking to generate liquidity from their alternative investment portfolios and (ii) sponsors across private equity, real estate, credit, etc. (“GPs”) seeking to return liquidity to their investors in the form of GP led secondary solutions. Lazard advises our clients on these transactions through, amongst other things, the preparation of materials, financial modelling, new investor / buyer outreach and interaction, process management, etc.
• Primary Fundraising: Lazard advises private equity, real estate, debt and infrastructure investment fund managers globally in capital raising transactions for the manager’s investment vehicles. This combines advisory / investment banking activity (deal origination, due diligence, strategic and financial advice, structuring, execution) with capital markets functions (sales, distribution)

 Job Description

Interns in the PCA business will work as part of broader deal teams on both live mandates and business development. Our deal teams are typically formed of 3-4 PCA professionals, comprised of a PCA analyst working with an Associate + 2 of the following: VP, Director, Managing Director. 

An intern will therefore typically be expected to undertake/assist with:

• Preparing presentation materials and pitches for prospective clients;
• Analyzing client financial and performance information and assisting in the group's due diligence investigations of prospective clients;
• Assisting in the preparation of marketing materials for clients, including private placement memoranda, investor presentation, confidential information memoranda, amongst others;
• Managing the roadshow, travel and related logistics of capital raising activities;
• Assisting in preparing responses to investor due diligence requests;
• Maintaining a database of investor commentary, feedback and interest in a particular deal;
• Tracking market data to assist the group’s communications with fund managers and investors

Job Requirements

Lazard seeks internship candidates who demonstrate excellent technical and analytical skills and have strong motivation. Candidates must be willing to work hard in a lean environment where initiative, maturity, poise and enthusiasm for learning are highly valued. Candidates should possess the following qualifications/skills:

• Proven academic excellence
• Strong interpersonal and communications skills
• Ability to work under pressure and tight deadlines
• Team player mindset. Ability to work well as part of a close-knit team
• Fast learner who is ready to take responsibility for assigned tasks and deliverables
• Strong written communication skills, excellent attention to detail and high standards of accuracy
• Strong quantitative and technical skills
• Genuine interest in financial services and alternative investments

 Application Procedure

• Submission of a one-page resume
• Shortlisted candidates will be notified directly by Lazard
• Application of Leave of Absence (LOA) for 1 semester. Students must have the right to intern in Singapore during the school term, without having to apply for a training pass

 Other Job Details

• Job location: Singapore

 Contact Information

• Name: The Recruiting Manager
• Address:
  Lazard Asia Limited
  1 Raffles Place
  #29-63 Tower 2 One Raffles Place
  Singapore 048616

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