Private Equity Internship – Investment & Operations

Job Description

Private Equity Analyst Internship | KFA

The Tone:
This is an internship at KFA, located in St. Louis, MO, with remote flexibility for U.S.-based candidates. KFA is a private investment and advisory firm focused on acquiring and building small to mid-sized businesses across the Midwest, specifically within Education, Mental Health & Wellness, and Youth & Adult Sports, while also driving community revitalization. This role matters by offering hands-on experience in sourcing original investment ideas and directly contributing to the growth and scaling of actual businesses within KFA’s portfolio, providing practical skills in long-term value creation. Interns will engage in real investment and operating work, contributing to the firm’s mission of investing in businesses, advancing business education, and revitalizing communities.

The TL;DR
• Role: Internship
• Type: Part-time
• Location: Hybrid, St. Louis, MO
• Mission: To source and pitch an original investment idea in the St. Louis region, then help build and scale actual businesses inside the KFA portfolio, contributing to community revitalization.
• Tech Stack: Excel, PowerPoint

What You’ll Actually Do
• Source Deals: Research industries, identify acquisition targets, and map the St. Louis market landscape for potential investments.
• Analyze Investments: Build financial models, perform valuation work, and conduct diligence to support an original investment thesis.
• Drive Growth: Implement go-to-market planning, customer acquisition strategies, and expansion initiatives for portfolio businesses across existing investment themes.
• Create Operational Value: Develop systems, processes, and tools that enable early-stage businesses within the portfolio to scale effectively.
• Present Findings: Pitch your original investment idea to KFA leadership in a formal, investment committee-style presentation.

The Must-Haves
• Background: Undergraduate degree (in progress or completed) in Finance, Economics, Business, or a related field; Entry-Level career interest in private equity, investment banking, management consulting, or entrepreneurship.
• Experience: No specific years required; demonstrated analytical skills in interpreting financial statements, market data, and business performance metrics.
• Skills: Proficiency in Excel and basic financial modeling; strong written and verbal communication for presenting findings in a structured, concise way; initiative, reliability, attention to detail, and an entrepreneurial mindset.
• Bonus: A connection to St. Louis or the Midwest; experience with data visualization or analytics tools.