Impact Investing Intern

Impact Investing Intern

Department:  Finance and Investments – Impact Investing
Location: Indianapolis, USA
Duration:  May 12, 2026- August 6, 2026
Compensation: $20-$24 per hour for students enrolled in a graduate program or a recent graduate
Schedule:  40 hours weekly. Schedule can be negotiated with supervisor.
Intern works from the Bottleworks District office three days a week.

Purpose

The candidate will collaborate with the Impact Investing team to advance Lumina’s work in service of our 2040 goal: that 75% of US adults will have access to degrees and credentials that lead to economic prosperity. The Impact Investing team invests in innovative, technology-oriented solutions that address the unmet needs of students to, and through, higher education and workforce.

Responsibilities

Fund manager investment analysis

• Analyze existing portfolio to assess financial performance and impact alignment to date
• Contribute to thought leadership by analyzing investment performance (impact and financial) at a firm and fund level
• Develop manager landscape across asset classes

Strategic Impact investment analysis

• Analyze thematic subsectors for investment as related to Lumina’s mission
• Support due diligence for direct equity investments
• Support due diligence for fund manager asset allocation
• Drive sourcing by leading accelerator and venture studio landscaping and screening

The candidate’s projects will include:

• Co-constructing, leading, and managing short projects that leverage market-level financial data to inform internal strategies and strategy execution.
• Leveraging market research to find and elevate strong opportunities for investment or ecosystem building.
• Engaging with colleagues across the foundation through internal meetings and contributing to strategic conversations.
• Working alongside strategy officers and directors to manage project tasks.
• Other projects or tasks that the candidate and supervisor agree are related to the portfolio.

Education and experience

• We are most interested in finding the best candidate for the job, and that candidate may come from a non-traditional background. We may consider knowledge, skills, education, and experience to meet minimum qualifications. If you are interested in applying, we encourage you to think broadly about your background, interests, and skill set for the role.
• Enrolled graduate students only.
• Understanding of impact investing, venture capital, private equity, or venture philanthropy is a plus.
• Interest in the economics of postsecondary education and the issues facing underserved students is a plus.

Qualifications

• All-hands-on-deck, communicative working style
• Strong analytical and strategic mindset
• Stable access to high-speed internet when working outside the office
• Advanced knowledge of Microsoft Office
• Ability to work in the Indianapolis area

Work environment and physical demands

• Work is performed in an office environment, mostly sedentary.
• Able to extensively use various forms of technology.
• Sitting and standing for long periods of time.