London

Financial Advisory

Off-cycle Internship

About Lazard Private Capital Advisory (PCA)

Lazard PCA is a global business within Lazard’s Financial Advisory division with offices in the US, Europe and Asia. The team has over 90 professionals in two core markets: private capital raising and private capital solutions.

Private Capital Raising: Raising capital for private equity, real estate, credit and infrastructure fund managers. With two specialized teams—Transaction Management and Investor Coverage—our group collaborates globally to deliver targeted and effective capital-raising strategies.

Private Capital Solutions: Advising (i) institutional investors seeking liquidity from alternative investments, or (ii) alternative investment managers seeking to recapitalize or restructure an existing investment vehicle.

Position Overview

As an intern with Lazard PCA’s Private Capital Raising group, you will join the Transaction Management team, working on live fundraisings across private equity, real estate, credit, and infrastructure. You will work closely with Analysts and Associates to support multiple fund manager clients, each of which is likely at a different phase of the fundraising process.

Responsibilities include:

Assisting in the positioning of the client’s investment strategy and the preparation of marketing materials, including investor presentations and due diligence materials.
Preparing responses to institutional investor due diligence requests.
Tracking investor feedback and updating databases.
Managing logistics for fundraising roadshows and meetings.
Monitoring market activity to support client communications.
Analyzing financial data and qualitative information as part of due diligence on, and preparing pitch materials for, prospective clients.

Programme details:

Duration: 6 months

Start Date: July 2025

Location: London

Who should apply?

We are seeking university students or recent graduates interested in finance, private markets, and investor relations. Students from any academic background are welcome—no prior finance experience is required—just your passion for learning, strong initiative, and interest in financial concepts.

High-performing interns will be considered for a full-time Analyst role upon the completion of the internship.

Lazard

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