Private Equity Analyst Internship

At WAD Capital, we're empowering a new generation of entrepreneurs to transform the European SME landscape. As a €100M search fund committed to fostering inclusivity and diverse representation in private equity, we select and support aspiring CEOs to acquire and develop SMEs with €1-5M EBITDA.

Join our team as an intern and help us drive growth while ensuring sustainable succession for 450,000+ European businesses facing ownership transitions. Be part of our mission to professionalize the ETA landscape through our innovative CEO Cohort model, data-driven approach, and Stanford-proven methodology.

What You’ll Gain:

• Exposure to the full private equity investment process

• Hands-on experience working with innovative entrepreneurs and SMEs

• Mentorship from experienced investment professionals

• A collaborative, international, and inclusive work environment

• The opportunity to work alongside 10+ CEOs-in-Residence and 3 seasoned General Partners

• Flexible, hybrid working options

Your Role (Hybrid — Brussels, Belgium)

You’ll work across key stages of the acquisition process, including:

• Investment Analysis: Evaluate opportunities, conduct sector research, and support investment decisions.

• Outreach: Arrange seller meetings, manage CRM follow-ups, and draft communications.

• Due Diligence & Financial Modelling: Support detailed analysis and prepare materials for stakeholders.

• Research & Market Insights: Investigate business models, market trends, and industry data.

• Portfolio Support: Contribute to value creation initiatives and track investment performance.

Ideal Candidates Will Have:

• Final-year student or recent graduate in business, finance, economics, (business) engineering, or another analytical field

• Passion for entrepreneurship, with strong interest in corporate finance and private equity

• Strong analytical and financial skills, including advanced Excel and PowerPoint

• Outstanding academic record and active extracurricular engagement

• Prior internship experience in a related field is a plus

• Excellent communication and teamwork skills

• Proactive, motivated, and eager to learn

• Proficiency in English; Dutch and/or French and/or German and/or Italian a plus

• Must hold EU citizenship — we do not provide relocation or visa sponsorship

Our Commitment

Since our founding, we have supported talent from diverse backgrounds, with a focus on improving diversity in private equity. This programme provides a 360° view of the industry, equipping interns with the skills to become future leaders.

Duration: 3–6 months, with potential for extended collaboration for top performers.