Product Development Intern Jobs in Baltimore, MD

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.

Application deadline: Rolling basis

StepStone Venture Capital is one of the largest venture capital investment firms in the world, currently managing nearly $25 billion in assets across fund, direct and secondary investment strategies. The team has over 80+ employees* with offices in Baltimore, London, La Jolla and New York. We actively invest in venture capital partnerships, expansion stage venture/growth equity direct investments and secondary market positions through our fund products.

Summer Associates will be responsible for supporting the activities of the investment team in analyzing, monitoring, and researching both potential and existing fund and direct investments. Education is also a significant component of the program, as Summer Associates will gain insight into the broader venture capital ecosystem through data-driven research projects and hands‑on analysis of prospective investments.

• Assisting with the sourcing and evaluation of potential venture funds, expansion stage start‑up and secondary investment opportunities, for consideration by the Investment Committee
• Monitoring a sub‑set of the existing StepStone Group fund and company portfolio, reporting to the investment team on progress and projections, and preparing quarterly reports for our investors
• Performing broad‑scale industry research and analysis to learn about and understand industry landscapes within our focus areas, and advising the broader investment team accordingly
• Leading a team of analysts, maintaining responsibility for their workflow
• Completing a Capstone project at the end of the internship, related to educating the firm on a specific sector or industry topic relevant to the Venture Capital market
• Ad hoc projects as assigned

We are looking for individuals who have a passion for venture capital. Most importantly, ideal candidates should display strong attention to detail, a high degree of professionalism, and a dedication to building and maintaining the firm’s existing relationships within the venture capital community.

Specific qualifications for the Associate position include:

• Enrolled in a full‑time MBA program
• Graduate in December 2026 or Spring 2027
• Must be able to work legally in the U.S. without requiring visa sponsorship now or in the future
• 3-5 years working in venture capital, private equity, finance, engineering, start‑up operations, consulting or similar industry preferred, but not necessary
• An appreciation for our platform approach and the benefits it can provide our investors
• A willingness to support all areas of our business, including our fund and direct investment strategies, both on a primary and secondary basis
• Hard working self‑starter with an entrepreneurial mindset who excels with little direction
• People‑first, with a personable and humble demeanor interested in supporting others
• An executive presence with the confidence to state your opinion and advocate for it
• Growth mindset and ability to project into the future to consider new technologies and how they may or may not be adopted by consumers and businesses

*As of 3/31/25

Click here to learn more about the intern experience.

Salary: $100,000

The salary is an estimate of pay for this position. Actual pay may vary depending on job‑related factors that can include location, education, skill, and experience. The salary does not include any benefits or other forms of possible compensation that may be available to employees.

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At StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.