Prudential Private Capital: 2025 Alternatives Fund Operations Internship Program

Job Classification:

Investment Management - Investment Operations

Prudential Private Capital: 2025 Alternatives Fund Operations Internship Program
 

Location(s): 

Chicago, IL (Hybrid)

PGIM is the diversified asset management business of Prudential Financial, Inc. (NYSE: PRU). With $1.3 trillion in assets under management, and 41 offices spanning 20 countries, PGIM is among the world’s leading asset managers. Comprised of seven self-governing asset management divisions, PGIM offers a distinct workplace culture that aligns with the firm’s ultimate objective: to provide premier service to our clients while fostering an inclusive workplace culture that is rooted in trust, respect, and equality. PGIM was ranked #3 in Pensions & Investments Best Places to Work in Money Management in 2023. Prudential is a fully inclusive workplace: we value the unique perspectives and experiences of every individual, and we work hard to ensure Prudential is a welcoming and rewarding place to work for people of all identities and backgrounds.  

Prudential Private Capital is the private capital investment arm of PGIM, the global investment management business Prudential Financial (of NYSE: PRU). Prudential Private Capital manages roughly $100 billion of private debt and equity investments in over 1,000 companies across the world. Click here to learn more about Prudential Private Capital. 

Timeline:

The internship program will run from Monday, June 2nd, 2025, to Friday, August 8th, 2025.

We review applications on a rolling basis, and we encourage you to apply as soon as you are ready. All fall applications will close on or by Friday, October 4th, 2024, at midnight ET. We reserve the right to close applications early due to volume or role(s) being filled.

To ensure you are considered for the opportunities you want most, you are only able to apply to 3 positions per recruitment season. It is recommended that all applications be submitted in one sitting.  

Your Day to Day:

Responsibilities may include but are not limited to: 

• Providing cash management support including cash analysis for deal fundings, subscription line borrowings/repayments and capital call needs across various fund entities
• Implementing cash settlements for expense invoices, forward contract settlements and transfers between entities to position cash for deal fundings
• Assist in the review of investor communications including capital activity and quarterly reporting.
• Proactively manage and complete ad hoc investor requests.
• Facilitating the compilation of financial statements and financial reporting metrics for external investors

Required Qualifications:

• Candidates must be enrolled in an accredited bachelor’s program graduating between December 2025 and May 2026
• Minimum 3.0 GPA required.
• Prudential does not provide visa sponsorship for this position. Successful candidates must possess the requisite US employment authorization to be eligible for consideration.
• Strong written, verbal, and interpersonal skills
• Ability to understand and analyze basic accounting and finance principles.

Our Application Process:

Submit your application. If eligible, receive invitation for a digital interview; this includes answering pre-recorded interview questions with the business(es) that advance your application(s). If advanced, receive invitation for final round interview(s); you will have the opportunity to meet with us in person or virtually to learn more about our business and culture.

For 2025 early talent roles, our process is designed to help you learn more about Prudential/PGIM and share your story with us. Digital interviewing allows greater flexibility, enables a quicker interview process, allows us to meet more candidates and share your story with more members of the team. 

Note: The salary range for this role is $30.00 to $35.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance.