Equity Advisory Intern
Investment Banking
Updated on 9/23/2025

Lazard
No salary listed
Paris, France
In Person
January 2026 - Investment Banking - Equity Advisory internship - Paris Location Paris Business Unit Financial Advisory Program Type Off-cycle Internship Description About Lazard’s Equity Advisory TeamWithin 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.Our team’s missions:Driving and coordinating all phases of the IPO process, advising on syndicate banks selection, incentive structuring, investor targeting, offering size and pricingProviding advice on all other ECM products such as primary and secondary ABBs, rights issues and equity linked productsDelivering 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 meetingsAssisting companies on activism response planning and preparation programsProviding assistance on contested M&A transactionsSupporting M&A teams in equity financing considerations for our clientsAssistance in developing the capital markets narrative and financial communication for EMEA companies, including in relation to earnings, roadshows, investor days, shareholder meetingsHelping you to reach your full potentialAs an intern, you will be fully integrated into a pan-European team and the broader global Lazard Capital Markets and Financial Advisory platform.You will be working in an international environment alongside members of Lazard's M&A coverage teams, delivering high end financial and strategic advice to Lazard's clients.From maintaining client communication to helping Lazard structure client transaction, our analyst is a vital part of our team.QualificationsPrior experience in investment banking and/or public markets buy side / sell side is a mustTop tier business or engineering schoolAbility to produce / present technically written materials / client pitchesExcellent organizational skills, ability to multi-task across multiple projectsHard skills: excellent technical skills on Office Suite and professional investment banking tools (Bloomberg, FactSet, Dealogic …)Proficiency in professional English and FrenchThis position is available from January 2026 for a 6-month period and is based in Paris.Our valuesExcellencePut our clients’ interests firstAct with conviction informed by deep research and analysisLive by the highest standards of integrity and discretionInnovate constantly and welcome changeEmpowermentEncourage intellectual curiosity; question assumptions and challenge conventionsFoster a diverse and inclusive culture in which everyone can bring their full self to workValue and embrace idiosyncratic perspectivesDevelop our people in an environment of learning, respect and dignityEngagementApply our local insights and global perspective for clientsCollaborate to deliver the firm’s best thinking and skillsLead by example with drive and ambitionRecognize that we are stewards of a great heritage and build on it for the future Diversity and Inclusion at LazardLazard is an intellectual capital business focused on delivering the best advice and solutions to clients. Achieving these objectives requires us to identify, develop and retain the best talent. A workforce comprised of people with varied backgrounds and experiences creates a rich diversity of thought that empowers us to challenge conventional wisdom, as diverse perspectives lead to better decisions.Our appreciation of diversity’s strength is ingrained in our multi-cultural heritage. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respect for individual differences, which has been core to our success for several decades.The ongoing cultivation of diversity and an inclusive, equitable culture are essential to our continued growth. We are committed to sustaining an environment in which all employees – regardless of socioeconomic status, race, color, nationality, religion, gender, sexual orientation, physical abilities, veteran or military status – can bring their whole selves to work to maximize their individual potential and our collective success.#LI-SA1

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