NAIC’s MBA Fellowship Program was is designed to introduce female and/or diverse second-year MBA students with a focus in finance to the universe of diverse-owned alternative investments. With generous support from NAIC member firms Grain Management, Palladium Equity Partners, Stellex Capital Management and Valor Equity Partners, NAIC will provide fellowship opportunities to 5 students in 2022-2023.
NAIC will provide 10-month compensated fellowships to 5 students during the 2022-2023 school year. Participants will have a unique opportunity to explore the growing and impactful diverse-owned alternative investment sector.
The NAIC MBA Fellowship provides opportunities for participants to:
- Gain a deep understanding of the trends and opportunities in the alternative investment sector, including private equity (buyout, venture capital, growth & expansion), hedge funds, and real estate
- Help the NAIC achieve its mission of increasing the flow of capital to diverse-owned alternative investment firms through education, advocacy, and other innovative programs and initiatives
- Conduct research on the Capital Allocator landscape, NAIC Member Firms, Emerging Manager programs across the country, and other relevant subject areas
- Complete data aggregation and complex presentation development
- Research and identify potential NAIC members in the Private Equity and Hedge Fund sectors
- Develop a database of top diverse talent for relevant opportunities on portfolio company boards, as operating executives, and other positions relevant to our membership and stakeholder base
Fellows support a variety of NAIC initiatives including:
NAIC’s annual LP Meet Up creates opportunities for institutional investors (LPs) to meet with NAIC members in one-on-one meetings, which provide an opportunity to set the foundation for long-standing relationships.
Institutional Investor Roadshows
Monthly NAIC Institutional Investor Roadshows bring together high-ranking investment managers with limited partners and government officials to share insights and market intelligence. These forums also give potential investors an opportunity to connect with NAIC members and provide a platform to discuss manager performance, investment strategies and relevant emerging manager programs.
Women in Alternatives: In, Up and Beyond
This initiative is designed to increase the number of diverse women entering the alternative investment sector, provide support for them to advance through the firm leadership structure, and, ultimately, equip them to successfully launch their own firms. Learn more >>
Establishing the Next Generation of Private Equity Firms (NextGen)
A series of intensive sessions dedicated to educating and empowering a new generation of ethnically diverse and female general partners. The curriculum is designed to train individuals who have recently launched a fund or are seeking to launch a fund within the next 12 months.
An ongoing initiative to compile and display the most up-to-date, data-driven information on the performance of NAIC’s membership in aggregate. IntelligentNAIC quantifies the total impact NAIC member firms have on the U.S. economy as a whole. This powerful tool positions NAIC as the industry thought leader on diverse asset manager performance.
E.N.G.A.G.E. (Educating the Next Generation of Allocators on the Growth of Emerging and Diverse Managers)
This unique educational workshop series was designed to educate and expose institutional investors to the merits, best practices and investment strategies for successful investing in small, emerging and diverse managers.
MBA Fellowship applications are accepted in March/April for the following school year. Keep an eye on the NAIC LinkedIn page to see when the application window is open.
- Exceptional team member with a focus on a career in private equity or the hedge fund industry
- High performing communicator, both written and verbal
- Passionate about increasing diversity and inclusion in financial services
- Responsive and committed to excellence in the execution of responsibilities
- Skilled at research, modeling and developing high quality, data-rich presentations
- A high degree of professionalism, character and moral fortitude
Structure and Compensation
The MBA Fellowship is a 10-month compensated fellowship; each year we will engage two second-year MBA students as a Fellow. Fellows will be compensated at a monthly rate of $3,000.00, or a total program cost of $30,000. The stipend is payable either directly to the Fellow or to their business school to cover a portion of tuition. Fellows will be required to work a minimum of 10 hours per week on NAIC assignments. Fellows will report to NAIC’s Chief Operating Officer. Due to the unprecedented response to the COVID-19 pandemic, the Fellowship will be 100% virtual unless stated otherwise. Travel would only be required for special NAIC meetings and travel expenses will be covered by NAIC.
The responsibilities of the fellow will include, but not be limited to:
- Research on the Capital Allocator landscape, NAIC Member Firms, Emerging Manager programs across the country, and other relevant subject areas
- Data aggregation and complex presentation development
- Research and identification of potential NAIC members in the Private Equity and Hedge Fund sectors
- Development of a database of top diverse talent for relevant opportunities on portfolio company boards, as operating executives, and other positions relevant to our membership and stakeholder base