Private Equity Intern

Company OverviewCaprae Capital Partners is a private equity and acquisitions platform led by Kevin Hong - a serial founder who scaled two tech ventures to $31M ARR and $7M revenue. Today, Caprae is one of the fastest-scaling platforms in the lower-middle-market M&A and ETA ecosystem, combining an international research engine, a full-stack deal sourcing arm, and a rapidly expanding tech layer.YTD, Caprae’s services divisions have completed $50M worth of transaction value and is expected to exceed $150M in Q1 & Q2 of 2026 after launching in January of 2025. We’re looking for those who are looking to take PE to the next levelInternship OverviewThe Caprae Buyside Internship is a high-intensity training ground for future dealmakers. Instead of passive research or slow-paced financial modeling, interns here learn M&A fundamentals the way practitioners actually do:Live conversations, real negotiation psychology, and rapid exposure to deal structuring.Your foundation comes from outbound calls - learning how to communicate with founders, read motivation, overcome objections, and extract deal-relevant information.As early as 4 weeks, you can transition into supporting real deals, understanding valuation logic, structure mechanics, and the sequence of an ETA transaction.This is the only internship where students heavily focus on the human side of M&A first, because that’s where deals are won.Core TasksCall business owners and executives dailyNavigate objections, gather context, and understand founder psychologyLearn how buyers and sellers negotiate outside of textbooksPractice controlled, professional persuasionDevelop the ability to keep conversations structured and outcome-orientedBased on the conversation support structuring deals in the lower-middle-market M&A spaceUnderstanding seller motivations vs buyer constraintsEvaluating fit, feasibility, and deal readinessLearning the mechanics of earnouts, seller financing, rollover equity, reps & warranties, etc.Seeing how real deal conversations unfold and how structures adjust dynamicallySupporting live buyer–seller interactionsHelping prepare call notes, next steps, and negotiation plansObserving how Caprae navigates valuation gaps and structure negotiationsUnderstanding what kills deals and what revives themSeeing transaction pacing, sequencing, and the “psychological arc” of a dealHighlights100% real-world communication and deal executionLearn negotiation psychology from day oneRapid exposure to real transaction mechanicsOpportunities to collaborate with the deal team and research team for those who show strong KPIs after one monthInterns who make the deal team and manage deal flow can make up to 20% of our success fee (several interns have accumulated a potential bonus pool of $50K+)We strongly prefer to hire our FT team from our internship program. In 2025 we have converted 3 interns to FT roles. In 2026 we expect to onboard significantly more FT from our internship programIdeal CandidateStrong communicatorsFast learnersStudents who want responsibility earlyIndividuals who want to learn how deals REALLY happen, not academicallyPeople who learn better by doing than observingThose who enjoy structured, dynamic conversation over spreadsheet-heavy analysisMust be fluent in English.