January 2027 - Investment Banking - Equity Advisory Internship - Paris

Lazard is one of the world’s preeminent financial advisory and asset management firms.Our people and culture make the difference . While global in presence and reach, ours is a close, collaborative community of just over 3,000 professionals. Lazard is a place of continuous knowledge sharing, skill development and relationship building, where professionals grow and succeed together. Our entrepreneurial culture, flat structure and embrace of individual differences, allow creative ideas, original concepts, and unique perspectives to drive our business forward — and for careers to take flight.

Through our financial advisory business, Lazard advises clients around the world on strategic and financial matters including mergers and acquisitions, restructurings, capital structure and capital raising. Our client relationships are built on trust and discretion. As the world’s largest advisory-focused firm, we have exceptional depth of expertise across industry sectors and geographies. We value the rich diversity that comes from blending local perspective with our global network.

Within Lazard’s Financial Advisory, the Equity Advisory team provides comprehensive guidance to corporate clients across EMEA on a wide range of equity market related scenarios and transactions. This includes capital markets transactions, shareholder activism, the development of a company’s strategic equity story, investor engagement planning, and trading analytics analysis.

We are seeking an intern from January 2027 for a 6-month period. This position is based in Paris.

We’ll trust you to:

• Driving and coordinating all phases of the IPO process, advising on syndicate banks selection, incentive structuring, investor targeting, offering size and pricing
• Providing advice on all other ECM products such as primary and secondary ABBs, rights issues and equity linked products
• Delivering customized guidance on live shareholder activism campaigns, incorporating both tactical and strategic planning and execution of the campaign defense, as well as advice on addressing dissident challenges during shareholder meetings
• Assisting companies on activism response planning and preparation programs
• Providing assistance on contested M&A transactions
• Supporting M&A teams in equity financing considerations for our clients
• Assistance in developing the capital markets narrative and financial communication for EMEA companies, including in relation to earnings, roadshows, investor days, shareholder meetings

You’ll need to have:

• Prior experience in investment banking and/or public markets buy side / sell side is a must
• Top tier business or engineering school
• Ability to produce / present technically written materials / client pitches
• Excellent organizational skills, ability to multi-task across multiple projects
• Hard skills: excellent technical skills on Office Suite and professional investment banking tools (Bloomberg, FactSet, Dealogic …)
• Proficiency in professional English and French

What we offer:

We strive to enhance the total health and well-being of our employees through comprehensive, competitive benefits. Our goal is to offer a highly individualized employee experience that enables you to balance your commitments to career, family, and community. When you work for Lazard, you are working for an organization that cares about your unique talents and passions, and will continue to invest in the development of your career.