Real Assets and Sustainable Investments Intern

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Position:            Real Assets and Sustainable Investments Intern - Summer 2024

Reports To:        Managing Director, Real Assets and Sustainable Investments

Location:            Chicago, Illinois (Hybrid)

Duration:            June 4 - August 14, 2024

Compensation:  Paid Internship (hourly rates will start at $20/hour)

About the Foundation:

The John D. and Catherine T. MacArthur Foundation is one of the nation's largest independent foundations. The Foundation supports creative people, effective institutions, and influential networks building a more just, verdant, and peaceful world. MacArthur is placing a few big bets that truly significant progress is possible on some of the world’s most pressing social challenges, including advancing global climate solutions, decreasing nuclear risk, promoting local justice reform in the U.S., and reducing corruption in Africa’s most populous country, Nigeria. In addition to the MacArthur Fellows Program, and the global 100&Change competition, the Foundation continues its historic commitments to the role of journalism in a responsible and responsive democracy, as well as the vitality of our headquarters city, Chicago. More information is at www.macfound.org.

The Real Assets department is looking for a summer intern who will work in the Foundation’s Investment Management Department which manages a $8 billion globally diversified portfolio.

General Summary of Internship:

• Attend many investment meetings with prospective managers and internal meetings where investment decisions are made.
• The intern will work primarily on Real Assets and Sustainable Investments but will also have opportunities to work with other asset classes over the course of the summer.
• Projects will be assigned based on asset class needs, and could include manager diligence, portfolio analysis, portfolio company research, market research and financial modeling.

In addition to these assignments, the intern will attend internal and external criminal justice meetings, and also attend staff events and in-house briefings by grantees, staff, and other practitioners.

Qualifications:

• Current undergraduate student with a keen interest in the institutional investment management business.
• Strong analytic and communication skills, and a strong team orientation.
• Successful completion of finance and accounting classes; an investment class would be a plus.
• Understanding on how financial statements are linked as a foundation for the summer projects.