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Investment Banking Summer Analyst, Private Capital Advisory, Summer 2026 Program

Solutions for Today’s Challenges. Vision for Tomorrow’s Opportunities.

Join William Blair, the Premier Global Boutique.

William Blair has delivered trusted advice for nearly nine decades, and we continue to deepen our expertise and relationships across regions, asset classes, and markets throughout North America, Europe, Asia, and Australia.

We are committed to our people and culture, values, clients, and local communities.

What sets us apart is that we are an independent partnership, with employees who have unique experiences, perspectives, and backgrounds. We provide advisory services, strategies, and solutions to meet clients’ evolving needs amid dynamic market conditions and varying industries.

We strive to attract the most qualified, passionate candidates who specialize in investment banking, investment management, private wealth management, and a variety of other business functions.

We work tirelessly to create an inclusive culture and take pride in fostering employees’ professional and personal growth. We empower our people to bring their best thinking each day so we can deliver the tailored, thoughtful work and problem-solving abilities that our clients expect.

Equally, we are proud of our long-term partnerships with the communities in which we live and work, a legacy we inherited from our founder.

We invite you to learn about how we are seeking excellence in everything we do and empowering our clients’ success with passion, creativity, and rigor. For more information, visit williamblair.com.

The William Blair Private Capital Advisory (PCA) team advises alternative investment managers on a wide range of transactions, including continuation funds, strip sales, fund recapitalizations, direct secondaries, LP tender offers, and others. The PCA team serves fund managers pursuing a wide spectrum of investment strategies, such as buyouts, growth equity, venture, distressed/turnaround, infrastructure, mezzanine, credit, and real assets. From transaction origination through closing, members of our PCA group work as a unified team with colleagues from industry coverage, M&A advisory, and the Financial Sponsors Group to provide tailored solutions designed to optimize client outcomes.

The secondary advisory role combines investment banking activity (deal origination, due diligence, financial modeling, strategic and financial advice, structuring and execution) with capital markets responsibilities (institutional coverage and distribution).

The Fund Placement team advises private market managers throughout the capital raising process, including transaction execution and the delivery of fundraising services to clients and prospects. Perform extensive fundraising advisory services and complete due diligence activities while working closely with the project management and investor coverage teams to advance projects, convey relevant investor updates, and present findings to clients.

The private equity secondary market accounted for over $130 billion of transaction volume in 2021 and is one of the fastest-growing asset classes within the alternative investment ecosystem.

We know you have choices on how you spend your summer but encourage you to apply for William Blair’s 2026 Private Capital Advisory Summer Analyst Program. Take the opportunity to build on the fundamentals of your academic background, gain practical knowledge to help prepare you for your next steps and be part of an organization that fosters innovation and invests in our most important asset, our people.

 

The summer program provides all interns with unique opportunities to:

  • Unique opportunity to work alongside current analysts, associates, and senior bankers over the course of a 9-week program

  • Take on all functions of a full-time analyst

    • Opportunity to harness your potential

    • Direct client exposure

    • Work alongside and support senior bankers in research and creation of pitch materials

    • Build financial model to value potential clients

    • Researching industries or sectors in targeting certain clients or industries

    • Play integral role in various deals

  • Energetic, entrepreneurial environment

  • Team-oriented culture focused on client service excellence

  • 100% owned by active partners

  • Focused on developing highly talented people who want to build a long-term career and have an immediate impact

 

Here’s what we’re looking for

  • Pursuing undergraduate bachelor’s degree with anticipated graduation between December 2026 - June 2027

  • Cumulative GPA of 3.5 or above preferred (but open to all applicants)

  • Undergraduate major: all majors considered

  • Intellectual curiosity and a passion for investment banking and financial sponsors

  • Knowledge of Investment Banking concepts, services, and applicable regulations

  • Project management and prioritization skills

  • Strong analytical and quantitative skills

  • Exceptional verbal and written communication skills

  • Ability to work on multiple projects simultaneously

  • Strong computer skills, specifically Microsoft Excel, Word, and PowerPoint

  • You are adaptable in an ever-changing environment and can manage through change with a high degree of emotional maturity

  • You are highly motivated, detail oriented, and thrive in a collaborative environment

  • Willingness to locate to New York City

 

In accordance with New York City's Pay Transparency Law, a reasonable estimate of the salary range is approximately $110,000 at the time of posting. Salary does not include other forms of compensation or benefits.

 

Throughout the 9-week program, summer analysts are evaluated for opportunities in our full-time class, upon graduation.

 

Once you have submitted your application, you will receive a link to complete our pre-interview assessment, Suited, which will need to be completed within 48 hours. Please monitor your spam folder, as the email may get caught in spam filters.

 

Application Deadline:

Apply by January 23rd to be considered for this opportunity.

 

William Blair is an equal opportunity employer. It complies with all laws and regulations that prohibit discrimination in employment practice because of race, color, religion, creed, ancestry, marital status, gender, age, national origin, sexual orientation, unfavorable discharge from the military service or on the basis of a physical or mental disability that is unrelated to the employee's ability to perform the duties of the job applied for. EOE m/f/d/v

Be aware of hiring scams: William Blair has clear processes and guidelines with regards to recruiting. We do not request personal financial information in connection with an employment application nor does William Blair extend any employment offers without first conducting an interview through one of its registered offices. William Blair does not use instant messaging services such as WhatsApp, Telegram, or iMessage as part of the recruiting or interviewing process.

Note to External Recruiters / Search Firms: William Blair does not accept unsolicited resumes and will not pay for any placement resulting from the receipt of an unsolicited resume. Any unsolicited resumes received will not be considered as a valid submission.

Download William Blair's privacy policies for job applicants:

Contact us should you have any questions or concerns.

Average salary estimate

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$110000K

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What You Should Know About Investment Banking Summer Analyst, Private Capital Advisory, Summer 2026 Program, William Blair

Are you ready to embark on an exciting journey with William Blair as an Investment Banking Summer Analyst for the Private Capital Advisory Summer 2026 Program? Located in the bustling heart of New York City, this role invites you to be part of a premier global boutique firm that has been delivering trusted financial advice for nearly nine decades. With a commitment to fostering an inclusive culture, you will thrive in an environment that empowers your growth and development. As a Summer Analyst, you’ll be immersed in a range of responsibilities, collaborating with analysts, associates, and senior bankers. You’ll have the opportunity to work on live deals, assist in the creation of compelling pitch materials, and develop intricate financial models that add real value to our clients. Your tasks will include conducting research on industries and identifying target clients, all while honing your analytical skills and learning from seasoned professionals. You'll gain firsthand experience in transaction origination, due diligence, and the intricacies of advisory services within the rapidly evolving private equity market. Our summer program is designed to bridge the gap between academic theories and practical applications, providing a unique chance for you to shine and make a lasting impact. Join us and take the next step in your investment banking career, where your passion meets opportunity in a dynamic, team-oriented culture dedicated to client service excellence.

Frequently Asked Questions (FAQs) for Investment Banking Summer Analyst, Private Capital Advisory, Summer 2026 Program Role at William Blair
What are the responsibilities of an Investment Banking Summer Analyst at William Blair?

As an Investment Banking Summer Analyst in the Private Capital Advisory team at William Blair, you will engage in various tasks such as creating financial models, conducting in-depth market research, and assisting in the preparation of pitch materials. You'll also work closely with senior bankers on live deals, contributing to transaction origination and due diligence efforts.

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What qualifications are required to apply for the Investment Banking Summer Analyst position at William Blair?

To qualify for the Investment Banking Summer Analyst position at William Blair, candidates should be pursuing an undergraduate degree with an expected graduation date between December 2026 and June 2027. A strong academic record is preferred, with a GPA of 3.5 or above, and an interest in investment banking, financial sponsors, and related fields is essential.

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How does the summer internship program at William Blair support career growth?

William Blair's Investment Banking Summer Analyst program is specifically designed to support your career growth through hands-on experience, mentorship opportunities, and networking with professionals in the industry. Throughout the program, analysts are evaluated for potential full-time positions, allowing for a smooth transition into a rewarding career.

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What is the work culture like for Investment Banking Summer Analysts at William Blair?

The work culture for Investment Banking Summer Analysts at William Blair is team-oriented and focused on client service excellence. The firm prides itself on fostering an entrepreneurial environment where your thoughts and contributions are valued. You'll collaborate with a diverse group of talented individuals dedicated to driving client success while enjoying a supportive atmosphere that encourages professional development.

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What skills are important for success as an Investment Banking Summer Analyst at William Blair?

Success as an Investment Banking Summer Analyst at William Blair hinges on strong analytical and quantitative skills, exceptional verbal and written communication abilities, and the strength to manage multiple projects efficiently. Intellectual curiosity, adaptability to change, and proficiency in Microsoft Excel, Word, and PowerPoint are also essential for navigating this fast-paced environment.

Join Rise to see the full answer
Common Interview Questions for Investment Banking Summer Analyst, Private Capital Advisory, Summer 2026 Program
Can you describe your understanding of the role of an Investment Banking Summer Analyst?

An effective answer should summarize the role's key responsibilities, including financial modeling, market research, and assisting in client interaction. Emphasize your eagerness to learn and your ability to work in a team-oriented environment, aligning your skills with what the team at William Blair seeks.

Join Rise to see the full answer
Why are you interested in joining William Blair's Private Capital Advisory team?

Articulate your passion for investment banking and what draws you to William Blair specifically. Discuss the firm's commitment to its people, innovative solutions, and client success, and how these align with your career aspirations in the financial sector.

Join Rise to see the full answer
How do you prioritize tasks when working on multiple projects?

Demonstrate your organizational skills by describing a past experience where you successfully managed competing deadlines. Detail your approach to prioritizing tasks based on urgency and importance, illustrating your ability to thrive in a demanding environment.

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Can you share an experience where you worked in a team to achieve a goal?

Use a specific example from your academic or internship experiences to showcase your ability to collaborate effectively. Highlight your role in the team, the actions taken, and the positive outcome, reinforcing how this experience has prepared you for a team-oriented position at William Blair.

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What do you know about the private equity secondary market?

Provide insights into the private equity secondary market, citing recent trends and how it plays a vital role in the investment ecosystem. Relate this knowledge to the functions of the Private Capital Advisory team at William Blair and express your enthusiasm for contributing to this area.

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How have you developed your analytical skills?

Discuss specific coursework, projects, or practical experiences that have honed your analytical skills. Mention any relevant tools or methodologies you've used and how you've applied these skills in a finance or investment setting.

Join Rise to see the full answer
What steps would you take if you received conflicting feedback from team members?

Explain your approach to resolving conflicts in feedback by advocating for open communication. Describe how you would engage with your team members to clarify expectations and ensure alignment, emphasizing your commitment to team dynamics and project success.

Join Rise to see the full answer
Describe a time when you had to adapt to a significant change.

Provide an example of a challenging situation where you had to display resilience and flexibility. Explain the strategies you used to adapt and the lessons learned, focusing on how this experience will aid you in the dynamic atmosphere at William Blair.

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What financial modeling experience do you have?

Discuss any relevant coursework, internship experiences, or projects where you've created financial models. Be specific about the types of models you have worked on and the insights they provided, demonstrating your technical capabilities in this essential function of the role.

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Where do you see yourself in five years in the field of investment banking?

Share your long-term career aspirations in investment banking, addressing how you envision growing within this field. Connect your goals with the opportunities available at William Blair, reinforcing your commitment to developing a successful career within the firm.

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Empower Colleagues. Deliver Client Success. Engage in Our Communities. At William Blair, serving our clients begins with the capabilities and collaboration of our teams - making our employees our most important asset. We believe that when we cre...

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Internship, on-site
DATE POSTED
December 18, 2024

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