Caprae Capital Partners - Undergrad Buyside Analyst (10 hrs/week - Paid Program)
Caprae 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 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 level
Overview
The 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:
* Liive 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 Tasks
* Call business owners and executives daily
* Navigate objections, gather context, and understand founder psychology
* Learn how buyers and sellers negotiate outside of textbooks
* Practice controlled, professional persuasion
* Develop the ability to keep conversations structured and outcome-oriented
* Based on the conversation support structuring deals in the lower-middle-market M&A space
* Understanding seller motivations vs buyer constraints
* Evaluating fit, feasibility, and deal readiness
* Learning the mechanics of earnouts, seller financing, rollover equity, reps & warranties, etc.
* Seeing how real deal conversations unfold and how structures adjust dynamically
* Supporting live buyer–seller interactions
* Helping prepare call notes, next steps, and negotiation plans
* Observing how Caprae navigates valuation gaps and structure negotiations
* Understanding what kills deals and what revives them
* Seeing transaction pacing, sequencing, and the “psychological arc” of a deal
Highlights
* 100% real-world communication and deal execution
* Learn negotiation psychology from day one
* Paid hourly
* Rapid exposure to real transaction mechanics
* Opportunities to collaborate with the deal team and research team for those who show strong KPIs after one month
* 3 interns have been promoted to FT roles in 2025
* Interns 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+)
Ideal Candidate
* Strong communicators
* Fast learners
* Students who want responsibility early
* Individuals who want to learn how deals REALLY happen, not academically
* People who learn better by doing than observing
* Those who enjoy structured, dynamic conversation over spreadsheet-heavy analysis