{"id":3536390,"url":"https://alion.io/job/stepstone-group-2027-private-debt-summer-senior-associate","title":"2027 Private Debt Summer Senior Associate","company":{"id":684981,"name":"StepStone Group","domain":"stepstonegroup.com","url":"https://alion.io/company/stepstonegroup","size_band":"201-500","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Greenhouse","truth_index":{"grade":"A","score":87,"open_postings":3,"ghost_share":0,"stale_share":0.333,"repost_share":0,"time_to_fill_p50_days":81,"computed_at":"2026-11-04T06:34:25Z"}},"role":"Early Careers","role_family":"Early Careers","seniority":"senior","employment_type":"internship","work_mode":"on_site","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["New York, United States"],"countries":["US"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":{"min_usd":70000,"max_usd":172000,"period":"year","method":"role_seniority_country_remote_cell","sample_n":188},"experience_years_min":null,"visa_sponsorship":true,"relocation_package":false,"has_equity":false,"technologies":[],"status":"live","first_seen_at":"2026-10-30T17:31:02Z","employer_posted_date":"2026-10-30","last_verified_at":"2026-11-04T17:07:46Z","board_verified":true,"closed_at":null,"days_open":5,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":5},"description":"We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.\nClick here to learn more about the intern experience.\nThe team you’ll join\nStepStone Private Debt (SPD) is a global private debt investor with over $81B in AUM/AUA including $14B based on the latest Q2 firm figures. SPD covers the breadth of the private debt market and constructs bespoke portfolios on a primary, secondary and co-investment basis. SPD focuses on two areas of the market: performing and non-performing debt across the corporate, real estate, and infrastructure sectors. SPD is a subsidiary of the StepStone Group, a global private markets firm specializing in Private Equity, Infrastructure, Private Credit and Real Estate.\nAbout the role\nStepStone is currently seeking MBA students graduating between December 2027 through June 2028 to join our Private Debt team as Summer Senior Associate. This internship offers an exciting opportunity to achieve valuable learning experience working across the private debt industry. Through analysis of direct lending, opportunistic lending and specialty finance funds and investments, Summer Senior Associates gain exposure to a wide array of industries and capital structures and become accustomed to a variety of private debt funds and investment strategies. \nWhat you’ll do\nAs a Summer Senior Associate, you’ll work in a team environment with other StepStone team members to review private debt opportunities and perform due diligence on selected GPs. The investment opportunities can encompass Primary Funds, Separately Managed Accounts, Secondaries or Co-Investments. This experience will provide you with opportunities to interact with many of the top fund managers in the private credit industry.\n Key responsibilities\nInterpret financial analyses prepared by target fund managers, including investment track records and financial statement analysis\nConduct market research using publicly available information and proprietary databases to identify, quantify, and analyze macroeconomic trends across a variety of credit strategies\nAssist Senior Research staff in managing and tracking the inflow of investment opportunities\nEvaluate marketing and supporting materials of prospective fund managers to identify key value drivers and important areas for further investigation\nConstruct and communicate arguments regarding investment decisions, and defend positions in team environments, including Investment Committee meetings\nWrite Fund Summaries and Investment Memorandums in line with StepStone standards\nUtilize creativity to analyze data and to test hypotheses regarding attractiveness of specific sectors and investment opportunities\nForm independent opinions about the attractiveness of a credit strategy or funds as investment opportunities and clearly articulate findings\nMonitor and analyze the performance of the firm’s existing fund managers and underlying investments; prepare for and participate in meetings with assigned managers, and conduct ongoing due diligence\nWhat we’re looking for \nMust be able to work legally in the U.S. without requiring visa sponsorship now or in the future\nFull-time MBA student graduating anywhere from December 2027 through June 2028\nA desire to join our Global Private Markets investments platform after graduation\nStrong proficiency in Microsoft Word, PowerPoint and Excel\nExcellent written and verbal communication skills\nDemonstrable analytical capabilities, including strong quantitative/modeling skills\nCollaborative mindset with a proactive and team-oriented approach\nWhy join us?\nAt StepStone, we foster a supportive and inclusive team culture where collaboration and learning are the core of what we do. Our collegial atmosphere encourages teamwork, mentorship, and professional development. The summer internship is a great opportunity to gain practical experience and develop critical skills that will help you launch a successful career in Private Debt.\nSalary: $130,000\nThe salary is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary does not include any benefits or other forms of possible compensation that may be available to employees.\nAt StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all. \nAs an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.\nCandidates must be at least 18 years old to apply.\nDeveloping People at StepStone","description_format":"text","description_chars":5327,"description_truncated":false,"requirements":{"experience_years_min":null,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"master","optional":false},"security_clearance":false,"languages":[]},"benefits":["Equity","Professional development"],"hiring_locations":[],"hiring_excludes":[],"relocation_offered":false,"industries":["Asset Management & Funds","Private Equity"],"lifecycle":[{"event":"open","at":"2026-10-30T17:44:24Z"}],"visa":[{"country":"US","licensed_sponsor":true,"evidence":"H-1B filings in 12 months: 8 · green card filings: 2","filings_12m":8,"filings_prev_12m":11,"green_card_filings_12m":2,"median_offered_wage_usd":146500,"route":null,"cap_exempt":false,"checked_at":"2026-10-29T16:27:21+00:00","sources":["US Department of Labor: LCA disclosure data (H-1B, H-1B1, E-3)","US Department of Labor: PERM disclosure data (green cards)"],"filings_for_role_12m":0}],"liveness":{"score":90,"band":"hot","label":"Hiring now","p_open":1,"p_active":0.903,"p_room":1,"age_days":4,"expected_fill_days":81,"reasons":["conf:3","velocity","win:early"],"computed_at":"2026-11-04T06:34:25Z"},"pay":null,"html_url":"https://alion.io/job/stepstone-group-2027-private-debt-summer-senior-associate","json_url":"https://alion.io/job/stepstone-group-2027-private-debt-summer-senior-associate.json","meta":{"generated_at":"2026-11-04T19:53:02Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":30596,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-11-05T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":684981},"rest":"https://alion.io/mcp/rest/get_company?id=684981"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fstepstone-group-2027-private-debt-summer-senior-associate"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fstepstone-group-2027-private-debt-summer-senior-associate"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fstepstone-group-2027-private-debt-summer-senior-associate"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/stepstone-group-2027-private-debt-summer-senior-associate\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fstepstone-group-2027-private-debt-summer-senior-associate"}],"agent":{"mcp":"https://alion.io/mcp/jobs","mcp_open":"https://alion.io/mcp/open","next":[{"tool":"get_job","arguments":{"id":3536390}},{"tool":"search_jobs","arguments":{"company":"stepstonegroup.com","detail":"compact"}},{"tool":"match_people","arguments":{"job_id":3536390},"note":"people open to offers who fit this vacancy"}],"note":"The same data through MCP tools: https://alion.io/mcp/open needs no sign-in (compact searches, postings, people); https://alion.io/mcp with an Alion account has everything. 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