APFC External Partner Intern - Pathway Capital Management, LP

Alaska Permanent Fund Corporation; Irvine (CA); On-site; USD 39,000 - 55,000; Full time

Benefits offered by this job

Remote Fridays

Job summary

Alaska Permanent Fund Corporation is offering an External Partner Internship Program with Pathway Capital Management. Interns will analyze private markets opportunities, support underwriting, conduct due diligence, and prepare research reports under senior guidance.

Eligibility includes Alaska residency or university enrollment, pursuit of a bachelor’s or master’s degree with a 3.0+ GPA, and strong Excel skills. Location options include Irvine, California or Providence, Rhode Island.

Qualifications

• Experience with Microsoft Excel
• Strong quantitative and analytical skills
• Excellent written and verbal communication abilities
• Ability to work collaboratively in teams and independently

Responsibilities

• Perform quantitative and qualitative reviews of potential investments
• Support underwriting of direct equity, direct credit, and secondary investments
• Assist with due diligence including financial statement analyses
• Participate in meetings with fund managers and present findings
• Assist with research and reporting projects on ad hoc basis
• Compile topical research reports for senior team

Skills

Excel

Quantitative skills

Analytical skills

Communication skills

Writing skills

Team collaboration

Education

Pursuing a bachelor’s degree in business, finance, economics, business economics, or related fields

Job description

APFC External Partner Internship Program

We’re excited to announce an incredible internship opportunity with one of APFC’s valued external partners! To be considered for APFC’s external internship programs, applicants need to meet the following criteria:

• Be currently enrolled at an Alaska university or be an Alaska resident attending school in any state.
• Be pursuing a bachelor’s or master’s degree or have graduated within the past six months.

In addition to the APFC eligibility requirements above, each external internship partner has specific eligibility requirements and qualifications. Please ensure your application is complete before submission, as only fully completed applications that meet eligibility requirements will be forwarded for consideration. Please note your cover letters must indicate you're applying through the APFC Partner Internship Program.

Application Process

Application Period Closes January 3, 2027

Required: Cover letter/ Resume

Applicants who meet the APFC Alaska eligibility and GPA requirements will be forwarded to Pathway Capital Management when the application period closes.

Pathway Capital Management

Pathway Capital Management, LP, is a leading institutional investment management firm that creates and manages specialized private markets solutions for institutional investors worldwide. We are currently seeking Senior Investment Interns.

Senior Investment Interns are responsible for analyzing potential investment opportunities, including funds, secondaries, direct equities, and direct credits across private equity, private credit, and infrastructure—and assisting the investment team with market research and monitoring client portfolios. They work closely with senior and mid-level professionals on small teams.

The responsibilities of a Senior Investment Intern include:

• Performing quantitative and qualitative reviews of potential private markets fund investments
• Supporting in-depth, rapidly moving underwriting of potential direct equity, direct credit, and secondary investments
• Conducting analysis to support the due diligence process, including analyzing financial statements of private markets partnerships, reviewing partnership portfolio company valuations, and assessing relative performance
• Participating in meetings with fund managers
• Analyzing client portfolio performance and diversification
• Assisting with special reporting, research, and due diligence projects on an ad hoc basis
• Working both in teams and individually to compile topical research reports and present findings to Pathway’s senior team

The requirements for this intern position include:

• Junior/Senior status at an accredited College or University (Seniors receive priority)
• A record of high academic achievement in pursuit of a bachelor’s degree in business, finance, economics, business economics, or related fields – minimum GPA of 3.0
• A strong interest in investments and capital markets
• Experience working in Microsoft Excel
• Strong quantitative and analytical skills
• Strong interpersonal, communication, and writing skills
• Ability and desire to work in a collaborative environment
• Detail-oriented, proactive, and resourceful

Compensation:

Pay $34.00 per hour / 40 hour work week (Fridays – remote work)

Duration of internship: 10 weeks (dates vary to align with college schedule)

Location of Internship: Irvine, California or Providence, Rhode Island

Housing: Interns are responsible for securing their own travel and housing.

Transportation: Irvine location has public transportation available

Applicants should include on your resume or cover letter your anticipated date of graduation and current GPA.