Private Equity Summer 2023 Internship

Monomoy Capital Partners, L.P. (“Monomoy”), an operationally focused middle-market private equity firm, is seeking to hire two rising juniors (Class of 2025) to bring onboard as Private Equity Interns for 10 weeks during the summer of 2023. The Private Equity Internship program offers candidates the opportunity to work as a financial analyst and gain a broad understanding of private equity by working directly with Monomoy’s Investment team in a transactional capacity and Monomoy’s Operating Team in a portfolio management setting. In addition, the Private Equity Interns will have the opportunity to network with other interns, mentors and senior leaders through organized team events and frequent check-ins.

Monomoy Capital Partners is a 17-year-old private equity firm based in New York, NY that acquires, manages, and builds middle-market companies. The firm takes an operationally focused approach to deep value investing in middle market businesses across North America. The firm currently manages over $2.7 billion of committed capital and invests through both its private equity and credit strategies.

Monomoy’s private equity strategy specializes in making control investments in businesses that are at an inflection point, such as corporate divestitures, family-owned businesses, special situations, and turnarounds. We utilize our in-house Operating Team, constructed of various functional experts, to augment equity value creation by prioritizing cash generation and focusing on lean manufacturing, process improvement and supply chain management. We take a conservative approach to leverage and do not view it as a key mechanism for driving our returns.

Monomoy’s credit strategy focuses on making opportunistic investments in the senior secured debt facilities of middle market companies. We look for market dislocation or opportunities in which we have a profound understanding of a specific industry or end-market through our private equity experience. The firm buys these debt securities through the secondary market at a discount to par, with the goal of holding the security to the earlier of maturity or a refinancing / sale. Investing in senior secured debt facilities provides downside protection in the event of a restructuring / bankruptcy.

Our investment criteria include companies in the manufacturing, industrial, distribution, and consumer product industry verticals with enterprise values up to $1 billion. 

Our general investment strategy and an overview of our portfolio companies are described in greater detail at www.mcpfunds.com.

The Monomoy Private Equity Internship provides potential candidates an opportunity to gain an understanding of what it is like to work at an operationally focused private equity firm that invests in the lower middle market. Monomoy offers potential candidates a unique opportunity to gain experience in transactional execution, as well as hands-on portfolio management. The role will provide exposure to the entire deal process from sourcing and due diligence through deal structuring and post-investment portfolio management. This role is a balance between financial analysis and business strategy. Specific responsibilities will include:

-         Participate in classroom setting tutorials on the fundamentals of private equity and corporate finance

-         Participate in initial investment review of prospective investment opportunities for the firm

-         Assist the Investment and Operating Team in monitoring one of the firm’s portfolio companies, including travel to the portfolio company’s headquarters

-         Support Monomoy’s Investment Team through extensive financial analysis, industry due diligence and preparation of Investment Committee presentations

-         Develop and maintain active dialogue with portfolio company management teams and Monomoy professionals

We are seeking candidates that are highly analytical, driven, intellectually curious and demonstrate strong interpersonal and communication skills. We are also seeking candidates with strong academic credentials, including a minimum 3.7 GPA, and a demonstrated interest in private equity, investment banking or financial services. Additional necessary attributes include: demonstrated ability to work cooperatively with all levels of staff, initiative and ability to handle increased responsibilities, and strong business and strategy acumen.