Graham Capital Management, L.P. (collectively with its affiliates, "Graham") is an alternative investment manager founded in 1994 by Kenneth G. Tropin. Specializing in discretionary and quantitative macro strategies, Graham is dedicated to delivering strong, uncorrelated returns across a wide range of market environments. As one of the industry’s longest-standing global macro and trend-following managers, Graham remains committed to innovation, evolving its strategies through a robust investment, technology, and operational infrastructure. Graham harnesses the synergies between its discretionary and quantitative trading businesses to offer a broad suite of complementary alpha strategies, each built on the principles of thoughtful portfolio construction, active risk management, and diversification by design. Graham invests significant proprietary capital alongside its clients – including global institutions, endowments, foundations, family offices, sovereign wealth funds, investment management advisors, and qualified individual investors – reinforcing alignment of interests across all strategies. The foundation of Graham’s sustainability and success is the experience and contributions of its people. The firm seeks to cultivate talent, encourage the diversity of ideas, and respect the contributions of all. In turn, each employee shares in the responsibility of strengthening those around them. The Internship Program Graham is looking for talented undergraduate and graduate students to join our team as Summer Interns. Graham’s paid internship features a structured program consisting of educational, skill-building and networking events. Learning is the cornerstone of our culture and plays an active role in the internship experience through daily collaboration and interaction with employees at all levels, in workshops, and most significantly by working on projects that matter to the fundamentals of our business. In 2027, Graham will offer in-person internship opportunities in our Connecticut and New York City offices. Interns will participate in firmwide programming alongside the broader intern class. Candidates will have the opportunity to indicate their preferred office location (Rowayton, CT or New York, NY) as part of the application process. Depending on business needs, candidates may be considered for opportunities in either location. Most of our departments will be looking to hire interns, including but not limited to the following areas: • Quantitative Strategies (Systematic Alpha Generation and Quant Trading & Operations) • Discretionary Portfolio Management • Risk Management • Investor Services • Economic Research • Technology (Software Development and IT Support) • Trading Services (Financial Reporting) • Legal/Compliance Requirements • Bachelors, Masters, or PhD candidate with an interest in financial markets, investment management, or the financial services industry • Prior to the start of your summer internship at Graham, you must have completed at least two (2) years of undergraduate studies • A minimum cumulative GPA of 3.5 • Proficiency with Microsoft Office and/or other analytical tools relevant to the internship • Strong analytical, problem-solving and critical-thinking skills • High degree of intellectual curiosity • Ability to communicate effectively in both verbal and written form • Well-organized, detail-oriented and able to focus in a dynamic environment • Ability to prioritize and manage workload • Hard-working, diligent, and eager to learn in an intellectual and collaborative environment Additional Qualifications for Quantitative Roles (typically in Quantitative Strategies, Risk Management, Technology) • Working towards a degree in a quantitative field (e.g. computer science, math, engineering, etc.) • Programming skills Pay Range The anticipated hourly rate for this position ranges from $40/hr to $55/hr.  The anticipated range is based on information as of the time this post was generated.  The applicable hourly rate paid to a successful applicant will be determined based on multiple factors, including without limitation the nature and extent of prior experience, skills, and qualifications.  Graham is committed to providing equal employment opportunity to all employees and applicants for employment without regard to their race, color, religious creed, gender, age, national origin, ancestry, alienage, citizenship status, handicap, disability, marital status, sexual orientation, gender identity, pregnancy, childbirth or other related conditions, military status, genetic information, or any other personal characteristics protected by applicable law. This policy applies to all terms and conditions of employment, including hiring, placement, promotion, layoff, termination, transfer, leave of absence and compensation. Other This is an in-person internship. Interns are expected to work from their assigned Graham office Monday through Friday for the duration of the program.