Intern - Product Specialist (NY)-1

HPS Investment Partners Summer Internship Program 2027; New York (NY); Hybrid; USD 28,000 - 41,000; Full time

Job summary

HPS Investment Partners is seeking a Summer Intern to join the Private Credit Product Specialist Team in New York. The intern will support fundraising, marketing and investor relations activities, developing and updating materials and assisting in the client lifecycle.

The role requires eagerness to learn in a fast-paced environment with exposure to fund materials, market research and cross-team collaboration within a premier investment firm.

Job description

Position Description

HPS is seeking to recruit a Summer Intern to join the Private Credit Product Specialist Team. This role will be based in the firm’s New York headquarters. The Product Specialist teams at HPS are an instrumental part of the firm’s overall strategy and growth. Within Private Credit, this team plays a key role in the continued growth and evolution of the business, which is already one of the most consequential and well-respected in the industry.

The Product Specialist team is responsible for development and positioning of the Private Credit business from an overall perspective. This team is responsible for all activities related to strategy development and positioning of the overall business, as well as playing an integral role in fundraising, marketing, and ongoing investor relations activity. This team works closely with the firm’s generalist sales force, in a range of activities that includes creating and updating both product and thought leadership materials, running analytical outputs to help facilitate investor inquiries, and providing support throughout the full sales and investor relations client lifecycle.

The Summer Intern will be an integral part of the Product Specialist team, and will both work on and support all activities related to continue to grow the HPS franchise and maintain current investor relationships. This person will have a set of job responsibilities that will vary over the life cycle of each fund, with an initial focus on supporting the execution of the fundraising process. Regardless of the specific life cycle of a fund, the Summer Intern should enjoy a dynamic, fast-paced environment that is multifaceted in nature.

Responsibilities

Specific responsibilities will include but not be limited to the following:

• Update and maintain fund materials (presentations, one-page deal summaries, performance slides, track record and portfolio excel data, fund cashflow models, etc.)


• Assist in the completion of investor information and diligence requests (RFIs, RFPs, DDQs)


• Synthesize third-party market research to identify trends, opportunities and risks.


• Liaise with various teams (including investment, mid-office, back-office and legal) in the preparation of marketing materials and due diligence documents.


• Help organize and manage the fundraising process (including investor tracking, document distribution and meeting schedules).


• Maintain data and presentation materials for monthly, quarterly, annual and ad hoc updates (including portfolio overviews, investment details, risk reports) for existing institutional and retail investors.


• Assist in answering and completing any investor requests.


• Perform special projects for mid-level and senior management on an as-needed basis. These projects may address numerous areas of the business including finance, new products and marketing.

Candidate Profile

• Rising senior at an accredited university with a major in business, economics or a related field


• Excellent technical skills, including PowerPoint and Excel, and overall quantitative ability.


• Strong organizational skills, ability to manage multiple tasks simultaneously and attention to detail.


• Ability to thrive under time pressure with a positive attitude and strong work ethic.


• High attention to detail, strong work ethic, and the ability to manage multiple priorities in a fast-paced, team-oriented environment.

Location

• New York, NY

Hybrid Work Schedule

• 4/1 split (F work from home (optional), M-Th work from office)