Private equity internships
Few of these firms post an undergraduate internship, and those that do recruit about a year and a half ahead. On November 11, 2026 two of these 37 firms had a US undergraduate internship on an investing team posted for summer 2028: Vista Equity Partners, in buyout and due November 17, and Ardian, in secondaries. MBA internships are a separate channel, and they are the only investing internships posted with pay.
7 of 37 listed programs match · Last verified November 11, 2026 · See the full Private Equity List →
Internships these firms posted or describe
Undergraduate summer analyst programs and MBA internships, from each firm’s own postings and careers pages.
| Firm | Program | Who it is for | Posted pay | Status on November 11, 2026 |
|---|---|---|---|---|
| Blackstone | 2027 Blackstone Infrastructure, Investment Summer Senior Associate | MBA students graduating spring 2028 | $175k annualized | Posted October 20, 2026, New York. Infrastructure, not corporate private equity |
| Blackstone | 2027 Summer Analyst programs (campus board) | Undergraduates | Not posted | All for London or Tokyo on the date read; no US posting was live |
| KKR | 2027 MBA Internship Program - Infrastructure | First-year MBA students graduating spring 2028 | $170k–$175k annualized | Posted October 27, 2026, New York. Infrastructure, not corporate private equity |
| KKR | 10-week US summer internship (2027 Summer Analyst Program) | Undergraduates graduating December 2027 to June 2028 | Not posted for an investing seat | The one live 2027 Summer Analyst posting was in insurance sales |
| Vista Equity Partners | 2028 Private Equity Summer Analyst Internship (10 weeks, Austin) | Undergraduates graduating December 2028 to June 2029 | Not posted | Open; posted November 10, 2026, apply by November 17, 2026 |
| Vista Equity Partners | 2027 Private Equity Summer Associate Internship (10 weeks, Chicago) | First-year MBA students graduating spring 2028 | $120k–$150k annualized | Open; posted November 10, 2026, apply by November 29, 2026 |
| Insight Partners | 2028 Summer Investment Analyst Program | Undergraduates and 5th-year Master’s students graduating December 2028 to June 2029 | Not posted | No application was posted on the date read |
| Partners Group | 2027 Summer Associate Program (10 weeks, Broomfield) | MBA students graduating in 2028, with 2–5 years of work experience | $12,500 gross per month | Open; listed November 11, 2026, apply by November 20, 2026 |
| Ardian | Secondaries & Primaries Intern, Summer 2028 (New York and San Francisco) | Undergraduates graduating December 2028 to June 2029 | Not posted | Posted October 13, 2026 |
| Ardian | Secondaries & Primaries Intern, Summer 2027 (New York and San Francisco) | Undergraduates; in New York, those graduating December 2027 to June 2028 | Not posted | Still listed; posted March 17, 2026 (New York) and April 27, 2026 (San Francisco) |
| Ardian | Infrastructure Intern, February 2027 (New York) | Students or graduates of a university or business school | Not posted | Posted August 26, 2026 |
| Ardian | Real Estate Intern, Fall 2026 (New York) | Undergraduate or graduate students | Not posted | Posted October 22, 2026 |
| Sixth Street | 10-week summer internship | Undergraduates, the summer before senior year | Not posted | Described on the careers page; no posting was live on the date read |
MBA internship pay is shown as posted: annualized at Vista, KKR and Blackstone, and per month at Partners Group. The KKR and Blackstone MBA programs are in infrastructure, which is outside the three tracks on this list. No undergraduate investing internship was posted with pay.
How early the undergraduate cycle runs
Vista’s 10-week Summer Analyst Program, “taking place exclusively in Austin”, was posted on November 10, 2026 for summer 2028, with everything due by November 17. Insight Partners’ campus pages describe a 2028 Summer Investment Analyst Program for the same graduating class, December 2028 to June 2029. Both are recruiting students who are sophomores in autumn 2026. Ardian posted summer 2028 Secondaries & Primaries internships in New York and San Francisco on October 13, 2026, for the same graduating class.
The only US undergraduate internships for summer 2027 on an investing team still listed were Ardian’s, in Secondaries & Primaries in New York and San Francisco. KKR’s one live 2027 posting was in insurance sales. That fits most of those classes having been filled earlier, though no firm says when.
Where there is no internship
Warburg Pincus hires its analysts full-time and says so plainly: “Please note this is a full time opportunity and we do not currently offer internships.” Bain Capital’s Investors of Tomorrow is not an internship either. It is a half day in Boston for undergraduate sophomores, held on November 19, 2026.
Does the internship lead to a job?
The firms say it can. Vista: “Upon completion of the program, successful Summer Analysts may be considered for full-time opportunities beginning in Summer 2029.” Sixth Street: “Participants may be considered for full-time opportunities.” Ardian, of its infrastructure internship: “This position is potentially conducive to a full-time opportunity, subject to performance.” Partners Group, of its MBA program: “Return offers may be extended at either the Associate or Senior Associate level, depending on prior professional experience and business needs.” None publishes how many interns receive offers.
Blackstone describes itself in its postings as “the world’s largest alternative asset manager”, investing across real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. On November 11, 2026 its two job boards carried no US private equity analyst, associate or summer analyst role. The junior investing roles it did post in the US were in Blackstone Credit & Insurance (BXCI) in New York, and every one asked for prior experience.
Salary band, hiring status & why it ranks here — see the full Blackstone PE page →
KKR is a global investment firm that, in its own words, “offers alternative asset management as well as capital markets and insurance solutions”, and it sponsors funds in private equity, credit and real assets. It owns the insurer Global Atlantic, which accounts for a large share of its open roles. On November 11, 2026 no US private equity analyst or associate role was posted. The junior investing roles were one private credit Associate/Analyst role and 2027 MBA internships.
Salary band, hiring status & why it ranks here — see the full KKR PE page →
Vista describes itself as “a preeminent technology investor, specializing in enterprise AI and software, with over $100 billion in AUM”. It takes open applications for a summer analyst class, an associate class and an MBA summer associate class; no other buyout firm on this list had all three posted. “Associates join a structured class cohort with a formal training curriculum covering financial modeling, SaaS diligence frameworks, and deal execution, alongside senior mentorship from Vista’s investment team.”
Salary band, hiring status & why it ranks here — see the full Vista Equity Partners PE page →
Insight Partners is a software investor spanning venture, growth equity and buyouts. Its site says: “As of December 31, 2025, the firm has over $90B in regulatory assets under management.” Its campus page says it “has been sourcing and investing in innovative, high growth software companies for 30+ years”. Its analyst program is built on sourcing: “As a sourcing analyst on Insight’s Investment Team, you are the lifeblood of our firm. Without you, our deal pipeline does not exist.” On November 11, 2026 its job board listed no postings, and its Campus Recruiting Talent Pool form says “This is not an active job posting.”
Salary band, hiring status & why it ranks here — see the full Insight Partners PE page →
Partners Group is a private markets manager investing in private equity, infrastructure, real estate, private credit and royalties. Its postings say: “We have USD 185 billion in assets under management and around 2,000 professionals across 24 offices worldwide.” Most of its hiring is outside the United States: 10 of the 75 postings on its board on November 11, 2026 were US roles, in New York and in Broomfield, Colorado, which a posting calls its regional headquarters. They included a private equity associate, private credit associates and an MBA summer associate program.
Salary band, hiring status & why it ranks here — see the full Partners Group PE page →
Ardian calls itself “a world-leading European private equity firm” and says: “We manage or advise more than $200bn of assets”. Its private equity business covers secondaries and primaries, co-investment, buyout, expansion and growth, and it also invests in real assets and credit. Its buyout team invests “primarily in Europe but also in North America”, and a separate North America Fund buys industrial and business services companies in the lower middle market. On November 11, 2026 its board listed 66 postings, 9 of them in the United States: seven internships on investing teams, a data science internship and a fund services director. None was a full-time analyst or associate investing role, and none was in buyout.
Salary band, hiring status & why it ranks here — see the full Ardian PE page →
Sixth Street is a global investment firm that invests across credit, growth and other strategies. Its home page counts 750+ team members, 300+ investment professionals and $140 billion+ of assets under management, which its careers page dates to June 30, 2026. The one investing role it had posted on November 11, 2026 was Asset Based Finance Platform Associate, which the posting describes as “a full-time Investing Associate role based in New York”. That is asset-based finance, not corporate direct lending.
Salary band, hiring status & why it is not ranked — see the full Sixth Street PE page →
Common questions
Browse private equity jobs
Salary & hiring by company
More job lists
Land the offer, not just the interview.
There is no private equity course yet. Most associates on this list are hired out of banking, so start with the accounting, valuation, DCF and LBO technicals the investment banking course covers.
