2023 Summer Intern - Commercial Real Estate, US
Location: New York
Posted on: September 25, 2022
About Us: We are PIMCO, a leading global asset management firm.
We manage investments and develop solutions across the full
spectrum of asset classes, strategies and vehicles: fixed income,
equities, commodities, asset allocation, ETFs, hedge funds and
private equity. PIMCO is one of the largest investment managers,
actively managing more than $2.2 trillion in assets for clients
around the world. PIMCO has over 3,070 employees in 22 offices
globally. PIMCO is recognized as an innovator, industry thought
leader and trusted advisor to our clients. PIMCO is one of the
world's premier fixed income investment managers with thousands of
professionals around the world united in a single purpose: creating
opportunities for our clients in every environment. Since 1971, we
have brought innovation and expertise to our partnership with the
institutions, financial advisors and millions of individual
investors who entrust us with their assets. We aspire to cultivate
performance and leadership through empowering our people, diversity
of thought, and a commitment to an inclusive culture that engages
in our global communities. Position Description: Internship
opportunities are located at PIMCO's Newport Beach, CA Headquarters
and New York, NY office. Program Overview: Summer interns will work
alongside seasoned Portfolio Managers focusing on financial
modeling, analysis, and special projects in support of the U.S.
Commercial Real Estate (CRE) Team's acquisitions and asset
management efforts. U.S. CRE strategy focuses on opportunistic
equity investments and traditional bridge lending throughout the
U.S. through PIMCO's family of closed-end real estate equity and
debt funds and multi-strategy funds. The program will include
training, peer mentorship, and participation in PIMCO's Global
Month of Volunteering. Successful interns may receive full time
offers with potential for a career track in Portfolio Management.
Commercial Real Estate Team Overview: PIMCO invests in real estate
opportunities through its flagship BRAVO IV and PCRED II funds
along with other investment funds. The firm's U.S. real estate team
sources, underwrites, and invests in private and public real estate
opportunities, including direct real estate, mezzanine financing,
commercial mortgage backed securities, and other real estate
related investments. The team benefits from a flexible pool of
capital with the ability to invest across asset types, geographies,
and the capital structure. The PIMCO Internship Experience:
- Program runs begins in early/mid- June 2023
- During week 1, you'll participate in PIMCO Fundamentals
Training, which provides you with the skills, knowledge, and
relationships that will prepare you to succeed in your
- Be part of PIMCO's Global Month of Volunteering, and
participate in cross-divisional education, networking & social
- Your supervisor, peer mentor, and team offer guidance and
mentorship throughout the summer
- You'll be part of a formal review process, receiving feedback
at mid- and end-of-summer, keeping you on the path to meeting your
summer goals. Position Requirements: You're eligible to apply if
- Are an undergraduate currently pursuing a degree with an
expected graduation date of December 2023 - June 2024
- Have a minimum 3.2 cumulative collegiate grade point average on
a 4.0 scale (or the equivalent) at an accredited 4-year college or
- Are business proficient in English Desired Candidates Should
Possess the Following Characteristics:
- Strong interest in real estate, financial markets, and
- Skills conducting research and basic financial modeling.
Demonstrates natural intuition to make good judgments.
- Proactive in thinking about potential investment ideas.
- Good communicator; strong written and oral presentation
abilities. Needs to be persuasive and credible.
- Strong work ethic and integrity; you should be a team player
that is proactive and self-motivated.
- Ability to work effectively on multiple projects
- Preferred but not required: previous experience in an
investment banking or real estate internship
Keywords: PIMCO, New York , 2023 Summer Intern - Commercial Real Estate, US, Other , New York, New York
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