State of Wisconsin Investment Board
Real Estate Intern
State of Wisconsin Investment Board, Madison, Wisconsin, us, 53774
OUR AGENCY
Make a Difference
SWIB is a trusted and skilled global investment organization managing the assets of the Wisconsin Retirement System (WRS) and other separately managed funds. With about $156 billion in total assets under management, SWIB has been recognized by the investment industry for its teamwork and innovation that helps make it a premier asset manager. Sophisticated investment management strategies, forward-looking technologies, and strong internal asset management make SWIB a leading investment organization.
For public employees in Wisconsin, SWIB is a unique and valuable partner. Investing for the financial security of more than 691,000 individuals - and for the 1,607 Wisconsin employers who contribute on behalf of their employees - SWIB's strong management of the WRS has helped fuel one of only a few fully funded public pension funds in the country. SWIB's long-term investment returns meet the challenges of a constantly evolving investment landscape while helping grow and protect the assets of the WRS, which is consistently among the top 10 largest public pension funds in the U.S.
We are a mission driven organization and the participants we serve are our mission. By bringing a disciplined, prudent, and innovative approach to market opportunities, SWIB has been successful in generating reasonable returns and maintaining the trust of the beneficiaries and stakeholders of the funds we oversee.
Real World Experience
This is your opportunity to gain professional experience working for one of the nation's top public pension fund investment organizations. We are looking for a dynamic, energetic intern who is eager to be a part of our dedicated team. SWIB's intern program offers an opportunity for you to put your skills to use while at the same time to learn new skills in a professional environment. Our internship program is designed to provide meaningful work through hands-on, authentic, professional experiences.
About the Team
SWIB is seeking an intern for its Private Markets - Real Estate team. This position will be responsible for supporting SWIB's institutional real estate portfolio and a dedicated seven-member team of investment professionals.
The Real Estate Portfolio, with a market value of approximately $12 billion, seeks to achieve strong returns while managing the risk of drawdowns, and to outperform the NCREIF ODCE fund index over rolling five-year periods through sector and asset selection. SWIB partners with a range of top-tier asset managers and real estate operating companies to invest across property types, geographies, risk profiles, and structures to construct a diversified portfolio and manage costs.
Essential activities:
The real estate intern will assist in the following activities:
PORTFOLIO ANALYSIS, PERFORMANCE MEASUREMENT AND RISK REPORTING
Develop and generate portfolio analysis and reports encompassing investment holdings, risk factors, attribution analysis, and cash flow forecasting.Review real estate market information provided by investment advisors, fund managers, consultants, and research firms, and prepare summaries for the real estate team.ASSET MANAGEMENT AND INVESTMENT SELECTION
Participate in discussions with the real estate team regarding business plan execution and investment performance.Assist the real estate team in working with SWIB's external real estate fund managers and operating partners to evaluate capital deployment and liquidity plans.Review offering memorandums and third-party submissions of investment opportunities and compile proposed investment terms in a database.Assist the real estate team with research as requested.TRAINING AND DEVELOPMENT
Learn about SWIB's investment philosophy, asset class diversification, and guidelines.Attend division meetings with internal teams across private equity, venture capital, hedge funds, private credit, and real estate.Participate in industry webinars to facilitate understanding of real estate markets, investment strategies, and other relevant topics.Participate in SWIB's intern meetings and educational sessions.The Ideal candidate:
Ability to work in Madison, WI for an approximate 10-week period beginning late May/early June 2025.Pursuing a major in Real Estate or a relevant area of study (Sophomore or Junior undergraduate candidates preferred).Completion of Real Estate coursework.Demonstrated knowledge of different property types.Skilled in the use of Microsoft Word, Excel and PowerPoint.Legally authorized to work in the United States.
Join HIGHER PERFORMERS
Home to Top Talent
SWIB's professionals shape sophisticated investment management strategies, by driving progressive technologies, and by delivering strong internal asset management results. SWIB's internal team invests approximately 50% percent of its assets under management in house. As a result, Institutional Investor recognizes SWIB as "home to top talent in American public investing."
"The organization has earned a reputation for investment excellence in part by running much of its portfolio successfully in-house versus outsourcing to Wall Street" - Institutional Investor.
Make a Difference
SWIB is a trusted and skilled global investment organization managing the assets of the Wisconsin Retirement System (WRS) and other separately managed funds. With about $156 billion in total assets under management, SWIB has been recognized by the investment industry for its teamwork and innovation that helps make it a premier asset manager. Sophisticated investment management strategies, forward-looking technologies, and strong internal asset management make SWIB a leading investment organization.
For public employees in Wisconsin, SWIB is a unique and valuable partner. Investing for the financial security of more than 691,000 individuals - and for the 1,607 Wisconsin employers who contribute on behalf of their employees - SWIB's strong management of the WRS has helped fuel one of only a few fully funded public pension funds in the country. SWIB's long-term investment returns meet the challenges of a constantly evolving investment landscape while helping grow and protect the assets of the WRS, which is consistently among the top 10 largest public pension funds in the U.S.
We are a mission driven organization and the participants we serve are our mission. By bringing a disciplined, prudent, and innovative approach to market opportunities, SWIB has been successful in generating reasonable returns and maintaining the trust of the beneficiaries and stakeholders of the funds we oversee.
Real World Experience
This is your opportunity to gain professional experience working for one of the nation's top public pension fund investment organizations. We are looking for a dynamic, energetic intern who is eager to be a part of our dedicated team. SWIB's intern program offers an opportunity for you to put your skills to use while at the same time to learn new skills in a professional environment. Our internship program is designed to provide meaningful work through hands-on, authentic, professional experiences.
About the Team
SWIB is seeking an intern for its Private Markets - Real Estate team. This position will be responsible for supporting SWIB's institutional real estate portfolio and a dedicated seven-member team of investment professionals.
The Real Estate Portfolio, with a market value of approximately $12 billion, seeks to achieve strong returns while managing the risk of drawdowns, and to outperform the NCREIF ODCE fund index over rolling five-year periods through sector and asset selection. SWIB partners with a range of top-tier asset managers and real estate operating companies to invest across property types, geographies, risk profiles, and structures to construct a diversified portfolio and manage costs.
Essential activities:
The real estate intern will assist in the following activities:
PORTFOLIO ANALYSIS, PERFORMANCE MEASUREMENT AND RISK REPORTING
Develop and generate portfolio analysis and reports encompassing investment holdings, risk factors, attribution analysis, and cash flow forecasting.Review real estate market information provided by investment advisors, fund managers, consultants, and research firms, and prepare summaries for the real estate team.ASSET MANAGEMENT AND INVESTMENT SELECTION
Participate in discussions with the real estate team regarding business plan execution and investment performance.Assist the real estate team in working with SWIB's external real estate fund managers and operating partners to evaluate capital deployment and liquidity plans.Review offering memorandums and third-party submissions of investment opportunities and compile proposed investment terms in a database.Assist the real estate team with research as requested.TRAINING AND DEVELOPMENT
Learn about SWIB's investment philosophy, asset class diversification, and guidelines.Attend division meetings with internal teams across private equity, venture capital, hedge funds, private credit, and real estate.Participate in industry webinars to facilitate understanding of real estate markets, investment strategies, and other relevant topics.Participate in SWIB's intern meetings and educational sessions.The Ideal candidate:
Ability to work in Madison, WI for an approximate 10-week period beginning late May/early June 2025.Pursuing a major in Real Estate or a relevant area of study (Sophomore or Junior undergraduate candidates preferred).Completion of Real Estate coursework.Demonstrated knowledge of different property types.Skilled in the use of Microsoft Word, Excel and PowerPoint.Legally authorized to work in the United States.
Join HIGHER PERFORMERS
Home to Top Talent
SWIB's professionals shape sophisticated investment management strategies, by driving progressive technologies, and by delivering strong internal asset management results. SWIB's internal team invests approximately 50% percent of its assets under management in house. As a result, Institutional Investor recognizes SWIB as "home to top talent in American public investing."
"The organization has earned a reputation for investment excellence in part by running much of its portfolio successfully in-house versus outsourcing to Wall Street" - Institutional Investor.