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CAREER OPPORTUNITIES

RecruitU Partner Opportunities

• Warburg Pincus 2026 US Analyst Program (full-time) Link

RecruitU partners are companies that have recruiters actively using RecruitU to find students for their full-time and internship roles. So if you’re signed up, you have direct visibility with these companies.

Class of 2026 Investment Banking Opportunities

• William Blair Investment Banking Full Time Analyst 2025 - Los Angeles Link

Class of 2027 Investment Banking Opportunities

•  Goldman Sachs 2026 | Americas | New York City Area | Global Investment Research | Summer Analyst Link

• Goldman Sachs 2026 | Americas | Dallas Metro Area | Wealth Management, Wealth Marketing | Summer Analyst Link

• Orion Group Private Equity Summer Analyst (2026) Link

• Starwood Capital Group 2026 Summer Analyst Programs - Multiple Industries and Locations Link

• Adams Street Partners Intern, Private Credit (Summer 2026) Link

• T. Rowe Price Equity Research Associate Analyst Internship – Summer 2026 Link

• StepStone Group 2026 Private Equity Summer Analyst Link

• StepStone Group 2025 Real Estate Research Summer Analyst Link

To see c/o 2027 opportunities, click here: Class of 2027 Application Tracker

TECHNICAL QUESTION OF THE WEEK:

MARKET NEWS

Hedge Funds Rapidly Exit Tech Stocks Ahead of Imminent Tariffs

In the week leading up to the April 2 tariff deadline set by U.S. President Donald Trump, hedge funds have offloaded technology stocks at the fastest pace in six months, reaching levels not seen in five years, according to Goldman Sachs. This significant sell-off reflects growing concerns about the potential economic impact of impending import tariffs and possible retaliatory measures from U.S. trade partners. Notably, hedge funds have reduced both long positions and short bets in the tech sector, with information technology stocks, including the so-called "Magnificent-7," being the most net sold. Analysts attribute this trend to apprehensions surrounding new tariffs, particularly those affecting industries like copper, which are integral to tech hardware production. ​

Source: Reuters

UBS Appoints Solita Marcelli as Global Head of Investment Management

UBS has named Solita Marcelli, currently the Americas Chief Investment Officer, as the new Head of Global Investment Management, effective July 1. She will succeed Bruno Marxer, who will retire at the end of the first quarter of 2026. Marcelli's expanded role will encompass oversight across the Americas, APAC, Switzerland, and EMEA regions. To ensure a seamless transition, Marxer will continue in his current role until June 30. Additionally, Ulrike Hoffmann-Burchardi will assume the position of Chief Investment Officer for the Americas, while retaining her responsibilities as Chief Investment Officer for Global Equities. These leadership changes align with UBS's ongoing efforts to restructure its wealth management operations in the United States. ​

Source: Reuters

M&A DEAL OVERVIEW

Vale Forms $1 Billion Renewable Energy Joint Venture with BlackRock-Backed GIP

Brazilian mining company Vale has agreed to establish a joint venture with Global Infrastructure Partners (GIP), an investment firm backed by BlackRock, through its renewable energy subsidiary, Aliança Energia. As part of the deal, Vale will sell a 70% stake in Aliança Energia to GIP, receiving approximately $1 billion in cash upon completion. This partnership aims to enhance Vale's focus on its core mining operations while ensuring access to competitively priced clean energy. GIP will gain control over a portfolio of renewable assets, including hydroelectric plants and wind farms across several Brazilian states. Vale will retain a 30% ownership stake and secure fixed electricity rates until 2030, insulating its operations from inflation and currency fluctuations.

Source: Reuters

ADDITIONAL RESOURCES

• Finance and Consulting Application Tracker

LAST WEEK TECHNICAL QUESTION OF THE WEEK ANSWER: