Off-Cycle Internship, Venture Capital, 2027 in London

This three‑month off‑cycle internship gives you the opportunity to work alongside experienced colleagues on meaningful venture capital activity, shaping the internet and software sectors across the UK, Europe and global markets. You’ll build technical skills, contribute to live deals and gain hands‑on experience supporting the team across a range of ongoing projects.

Macquarie Capital’s Venture Capital (MCVC) team partners with founders to build great companies within the internet and software sectors. With a 30-year track record of combining expertise and capital to accelerate growth, you’ll be part of a team investing in early‑stage companies and helping build them into global businesses that make a real‑world impact.

As an off‑cycle intern, you will contribute to venture capital activity through financial analysis, company valuations, and market research. Working alongside experienced professionals, you'll develop technical skills through a range of activities, including preparing investment memos and presentation materials, due diligence on prospective portfolio companies, financial modelling and valuation work for active and potential investments, and sector‑specific research to identify emerging trends and investment opportunities.

We are looking to fill internship places from January 2027.

What you offer

• You are in your final year of university (bachelor’s or master’s), or have graduated within the last year with an excellent academic record.
• A basic understanding of valuation, accounting, and financial modelling.
• A strong interest in venture capital.
• Previous internship experience in venture capital, private equity, M&A, or deal advisory.
• Clear and confident communication skills with fluency in English; additional European languages would be an advantage.

Macquarie Capital partners with businesses, startups and governments to connect ideas to capital and help drive innovation, growth and create real‑world impact. Our global corporate advisory, investing, development and equities capabilities are underpinned by a full spectrum of capital markets solutions and deep sector expertise, with a focus on infrastructure and real assets, technology, software and services, and resources, energy and materials.

Our commitment to diversity, equity and inclusion

We are committed to providing a working environment that embraces diversity, equity, and inclusion. We encourage people from all backgrounds to apply regardless of their identity, including age, disability, neurodiversity, gender (including gender identity or expression), sexual orientation, marriage or civil partnership, pregnancy, parental status, race (including ethnic or national origin), religion or belief, or socio‑economic background. We welcome further discussions on how you can feel included and belong at Macquarie as you progress through our recruitment process. Our aim is to provide reasonable adjustments to individuals as required during the recruitment process and in the course of employment. If you require additional assistance, please let us know during the application process.