What type of HF internship is this?

My school has a posting for an internship position at a well-known hedge fund. Does anyone know what type of position this is for? Here's the description:

Responsibilities include: Utilizing accounting knowledge for preparing and generating financial statements / models of portfolio companies for use in our credit analysis process. Assisting the senior analysts with the fact-gathering process of credit work including using research reports, proprietary information portal, and contacting sell-side analysts. Improving the process / sources used by senior analysts in the group for monitoring existing positions and industry trends. Completing other ad hoc projects as necessary.

Qualifications __________ HF is seeking a third-year college student to intern within the (location) based International Convertible Securities team. The intern will assist in analyzing companies for the portfolio.

Any ideas? Thanks!

5 Comments
 

I wouldn't answer what fund this is for. I'm also not sure what you're asking about. The description of what you would be doing is right there.

It's for a credit group that needs someone to do the b work. You will learn a lot, and I would go for it. (Yes it sounds like it's FO if that's what you mean.)

 

I'm not going to name the fund. I am asking because I'm not too familiar with HF internships and assume that they're much less structured in regards to responsibilities and training. Like the above commenter noted, it seems like this is basically doing random assignments that the team needs, the but would give me great exposure to that type of work.

 

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