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Vista Equity Partners expands internship programme

Vista Equity Partners (Vista), a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, has expanded its internship programme to provide new opportunities for rising college sophomores.

The new program, built in partnership with the Knowledge Is Power Program (KIPP), a network of college-preparatory public charter schools, and The Posse Foundation (Posse), a college success and youth leadership development organisation, advances Vista’s efforts to broaden its recruiting pipeline while also creating career pathways for young people from backgrounds not traditionally represented in asset management.

Vista identified KIPP and Posse as leaders in supporting students from underrepresented backgrounds and has created the Rising Sophomore program, a six-week paid internship program across Vista’s offices focused on developing professional skills and networks. The experience includes a capstone project, engagements with Vista leadership, hands-on training, professional development and networking opportunities that can lead to career opportunities in asset management. In order to remove additional financial barriers, travel and lodging costs are covered by Vista, allowing students from across the country to participate.

The Rising Sophomore program complements Vista’s existing internship programs, creating a holistic college-to-career pipeline for students. Vista’s partnership with Girls Who Invest focuses on providing opportunities to college women who are rising juniors; Vista’s Frontier Fellows program invests in students entering their senior year of college from backgrounds not traditionally represented in private equity; and the Firm welcomes a class of Summer Analysts each year recruited through a pipeline supported by academic institutions and non-profit partnerships. Through its collective internship program, the Firm has hired 18 full-time investment team members, of which 83% are women or people of colour, and of its 2022 class, eight of 12 interns will return next year as full-time employees.

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