Summer Intern

1. 1Application

   Resume and transcript. Undergraduate programs screen hard on school and prior internships.

2. 2First round

   Associate or VP. Why PE, deal or internship walkthrough, LBO mechanics, what makes a good LBO target.

3. 3Superday and case

   A paper LBO or a timed modeling test, an investment judgment case, and fit with partners.

4. 4Offer

   Fast. Often same week.

Adams Street Partners does not state its process on its own site, so these are the usual stages.