Your role

FMO’s Private Equity department is performing a deep dive into the historical performance of our direct private equity investments. The exercise aims to identify the differences in financial performance by geography and sector, but also to look more deeply at other variables (eg structure, timing, governance, identified ESG risks, etc.) and their correlation with high or low performance. Whereas some of this information can readily be obtained from our systems, other datapoints will require more detailed analysis of fund terms and transaction documentation. Your role will be to help design the research and perform the analysis. At the end of the period, you will document findings and recommendations in a report and present these.

Tasks and responsibilities

As an intern, you will:

• Co-design the study together with PE and systems experts.
• Perform the research.
• Analyse the findings to identify causal relationships.
• Formulate recommendations for future investments.
• Prepare and present a report with learnings.

You will also be part of the wider Private Equity team for the duration of the internship and will gain exposure to its work.

The team

FMO is the Dutch entrepreneurial development bank. The Private Equity (PE) team is an important part of FMO's business as we support sustainable private sector growth in developing and emerging markets by investing equity in businesses, projects, and financial institutions. We invest in private equity funds and make direct investments.

The PE team consists of approximately 70 people representing a high number of nationalities and is made up of 6 different teams: Energy, Financial Institutions, AFF (Agri, Food and Forestry), Ventures, Global Funds and Fund Solutions. What we share is a passion for investing while creating development impact.

Your background

• All PE team members have a team player mentality, a drive for quality and a flexible attitude towards job descriptions and working hours. You will have a supervisor and ‘buddy’ who will guide you during the Internship.
• It is required that you are enrolled for, or in the process of completing, a master’s degree in finance, Economics, Business Administration, Econometrics or Accounting.
• We would want to see a demonstrable interest in the financial sector and in contributing to realizing the Sustainable Development Goals and FMO’s mission.
• The assignment requires excellent Excel skills.

Skills and competencies

• Good analytical ability for research and problem-solving.
• Strong team skills, contributing to team success and to a constructive, positive, and collaborative work environment.
• Flexible, pragmatic, and capable of working on several assignments at the same time.
• Ability to work and deliver under pressure when required.
• Risk aware and able to proactively escalate issues.
• Self-starter with the ability to take initiative and work with limited oversight.
• Excellent English communication skills, both written and verbal.
• Attention to detail.
• You value diversity, quality, and integrity.

To be considered for this internship, you must reside in the Netherlands and be able to commute to our office in The Hague.

Good to know

• The internship is suitable for a university student in the last stages of his/her master’s degree, and the internship should be a requirement for his/her study (ECTS-eligible).
• The remuneration is EUR 750 net a month (based on 40 hours) and travel allowance in case you do not have a student mobility card (OV jaarkaart). 
• We are looking for a student for at least 3 months, 3 days a week, which could be extended.

Please note, if we make you an offer to join FMO, you will need to work through the screening process with our screening partner. The process is designed to check your integrity and reliability.