Search Fund Internship
I think it has been discussed a couple of times on this forum but I still want to have a better perspective on my situation. So, I am at a tier 1.5 university in Canada and intend to specialize in finance. I am a freshman and I have recently got offered an unpaid internship at a search fund based in Toronto, and it is a new one. Now, I don't have any issue with the part being unpaid but I'm just concerned about the whole experience itself. Since it's a new fund, I'm not sure if there would be any deals during this tenure and the principal has made it clear that a heavy part of the role would consist of industry research and finding companies. Now, I do not really have any other internship since it is just after my first year but I am planning to learn some LBO modelling and other forms of valuation during this internship, on my own. What do you think? Should I go for it?