1

Search Fund Intern Jobs in Rye, NY (NOW HIRING)

You will learn how fund diligence and investment research actually work, then help solve problems ... Build and improve semantic search, multi-model architecture, RAG, document intelligence, and AI ...

New

You will learn how fund diligence and investment research actually work, then help solve problems ... Build and improve semantic search, multi-model architecture, RAG, document intelligence, and AI ...

Search Fund Intern information

See Rye, NY salary details

$9

$18

$25

How much do search fund intern jobs pay per hour?

As of Sep 15, 2026, the average hourly pay for search fund intern in Rye, NY is $18.05, according to ZipRecruiter salary data. Most workers in this role earn between $15.29 and $20.38 per hour, depending on experience, location, and employer.

What is a search fund intern?

Search Fund Interns are students or recent graduates who support entrepreneurs or investment professionals in the process of identifying, evaluating, and acquiring small to medium-sized businesses through a search fund model. Their responsibilities typically include conducting market research, analyzing financial statements, sourcing potential acquisition targets, and assisting with due diligence. This role provides hands-on experience in private equity, entrepreneurship, and mergers & acquisitions, making it a valuable learning opportunity for those interested in business acquisition and investment.

What types of projects does a search fund intern typically work on?

Search Fund Interns are often involved in critical aspects of the deal sourcing and evaluation process. Typical projects include conducting industry and market research, identifying and profiling potential acquisition targets, building financial models, and assisting with due diligence tasks. Interns may also help develop outreach strategies to business owners and prepare investment memos for partners. This hands-on exposure provides valuable insight into the search fund model and private equity deal flow.

What are the key skills and qualifications needed to thrive as a search fund intern, and why are they important?

To thrive as a Search Fund Intern, you typically need strong analytical abilities, financial modeling skills, and a background in business, finance, or economics. Familiarity with tools like Excel, CRM platforms, and databases, along with experience in market research and due diligence, is commonly expected. Outstanding communication, initiative, and attention to detail help interns stand out, especially when interacting with entrepreneurs and investors. These competencies enable interns to effectively identify acquisition targets, assess business opportunities, and support the overall search fund process.

What is the difference between Search Fund Intern vs Business Development Intern?

AspectSearch Fund InternBusiness Development Intern
Required CredentialsUndergraduate or graduate degree, strong analytical skillsUndergraduate or graduate degree, communication skills
Work EnvironmentStartup or investment firm, research-focusedCorporate or startup, sales and outreach
Employer & IndustrySearch funds, private equity, investmentCorporations, startups, sales teams

The Search Fund Intern typically focuses on researching potential acquisition targets and financial analysis within the private equity space. In contrast, a Business Development Intern concentrates on generating leads, building client relationships, and supporting sales efforts. While both roles require strong communication and analytical skills, the Search Fund Intern is more finance and research-oriented, whereas the Business Development Intern emphasizes outreach and relationship management.

What job categories do people searching Search Fund Intern jobs in Rye, NY look for?

The top searched job categories for Search Fund Intern jobs in Rye, NY are:

What cities near Rye, NY are hiring for Search Fund Intern jobs?

Cities near Rye, NY with the most Search Fund Intern job openings:

AI Engineer Intern

Manhattan, NY โ€ข On-site

DiligenceVault
Software Developmentย โ€ขย 1 - 10 employees

Other

Posted 3 days ago

New


Job description

Location: New York City
Work Mode: Hybrid, 8 hours/week in office

Internship Duration: 3 months

About DiligenceVault

DiligenceVault is an AI-powered diligence and decision intelligence platform used by allocators,  investors and asset managers.

We help diligence teams turn messy documents, fragmented data, market intelligence, and manual workflows into intelligent automations, faster analysis, and better decisions.

The Role

We are looking for a curious, hands-on AI Engineer Intern to help build and test practical AI capabilities inside a scaled enterprise product.

You will learn how fund diligence and investment research actually work, then help solve problems involving unstructured documents, semantic search, RAG, workflow automation, market intelligence, and AI evaluation.

This is a build-and-iterate role. You will be expected to move quickly from idea to proof of concept, test against real workflows, learn from failures, and improve what works.

What You’ll Work On
  • Build automations for diligence processes 
  • Solve hard and messy data problems 
  • Embed market, regulatory, and public intelligence into product workflows
  • Build and improve semantic search, multi-model architecture, RAG, document intelligence, and AI agents
  • Rapidly prototype new AI ideas and help move successful PoCs toward production
What We’re Looking For
  • Pursuing a Bachelor’s or Master’s degree in Computer Science, AI, Data Science, Engineering, or a related field
  • Strong Python skills and solid software engineering fundamentals
  • Familiarity with LLMs, embeddings, RAG, NLP, or modern AI frameworks
  • Comfortable working with messy, real-world data
  • Strong problem-solving skills, user empathy, and a bias toward experimentation
  • Curious about financial markets, investment research, and how technology can transform complex workflows

Prior investment-industry experience is not required. Curiosity and the ability to learn quickly are.

What You’ll Get
  • Hands-on experience building AI for a production B2B SaaS platform
  • Exposure to institutional investing, fund diligence, and market intelligence
  • The opportunity to work on problems at the intersection of data, workflow, and AI at scale
  • Direct collaboration with AI, engineering, product, and industry teams
  • Competitive internship compensation

The Ask

When applying, please send us:

  • Something you’ve built with AI - a project, prototype, research, or other work using AI technologies
  • Your GitHub profile
  • Three bullets on why this internship interests you

Powered by JazzHR

Yo3RhxiDyM