2027 Private Equity Infrastructure & Real Assets Co-op Analyst

We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed. The team you’ll join StepStone Infrastructure and Real Assets (SIRA), established in 2014, is part of StepStone Group, specializing in private market investments. In June of 2026 , SIRA managed US $1 32 billion in infrastructure and real assets, advising on or committing over US $1 3 billion across primaries , secondaries , and co-investments. The team includes 12 partners with over 20 years of experience on average and over 75 professionals, providing expertise in infrastructure, agriculture, and natural resources across Australia, Europe, and North America. About the role StepStone seeks candidates with strong quantitative, qualitative, and interpersonal skills for a co-op opportunity with its Infrastructure and Real Assets Team. This role offers you valuable experience in private equity infrastructure. As a Co-op Analyst, you will gain exposure to diverse companies, assets, capital structures, and become acquainted with various infrastructure funds, managers, and transactions. What you’ll do As a Co-op Analyst, you will work in a team to conduct due diligence on SIRA’s investment opportunities in infrastructure funds, co-investments, and secondary transactions. You will analyze sectors like transportation, telecommunications, utilities, power, energy, logistics, renewables, social impact, and sustainability. You'll also prepare and present recommendations to SIRA’s Investment Committee. Key responsibilities For c o-investments t ransactions: Conduct market research to identify and analyze trends across various sectors using public information and databases Form independent opinions on sector or investment attractiveness by analyzing data creatively; articulate findings clearly Prepare valuation analyses of private companies or assets using methods like discounted cash flow and transaction comparables Assist in creating and adjusting Excel-based financial models for investments Construct and efficiently communicate investment recommendations in MS Word and PowerPoint For fund investments and secondary transactions: Review financial analyses from target fund managers, including investment track records and financial statement analysis Support the development and adjustment of Excel-based financial models related to funds Evaluate marketing and supporting materials of prospective fund managers to identify key value drivers and areas for further investigation General research and asset management: Assist senior researchers in managing and tracking investment opportunities