Liberal Arts Career Services
Liberal Arts Career Services

Ascendant Capital

Spring 2018

Position: Capital Markets Intern
Student: Economics Senior 

A day in the life of a Capital Markets intern at Ascendant Capital is a glorious one. Ascendant Capital, a place where business leaders are made out of molds pressurized under the pillars of duty, integrity, and trust. An Interns existence revolves around the honor of serving high net-worth clients, whom count on Ascendant to provide a fixed income strategy that they can be proud of. Being a part of Ascendant Capital is no walk in the park, but rather a 100-meter dash with 10 foot hurdles. Those who can stand the pressure are destined for great success in the private equity sector.

An intern’s day begins at 7:45 AM. They are to report to their department head no later than 8 AM, which will provide them with the tasks or objectives that are expected of them that day. Interns are also entrusted with the responsibility of maintaining the office kitchen. The kitchen duties are to be regulated amongst the interns themselves throughout the day with tasks split among them equally. During a work day an intern has free range to work on anything he or she desires may it pertain to the company. This gives interns the flexibility of rotating to the department of their desire so that they are still completing their deliverables by the set time line. Come noon the office staff may begin their lunch routines; may that include leaving to grab a bite or going to the kitchen to create or eat a meal you brought. The day wraps up around 5 PM when interns are to follow up with their superiors on the progress of their work. Interns are also expected to perform ad-hoc requests that may be asked on by executives in the company, for example grabbing the office lunch, or coffee runs for the CEO in the morning. This is countered by the events that interns are invited to hosted by the company.

Fall 2017

Position: Capital Markets Intern
Student: Economics Junior

My responsibilities revolved around assisting the internal and external salesforce. During my tenure, I worked on many different projects at requests of sales team. Tasks dealt heavily in excel, sales force, and my own prowess in finding solutions. I was exposed to the wealth management sector in my diligence reports and events. My favorite task was redrawing particular sales territories based off criteria’s.

A Day in the life of an intern at Ascendant Capital, LLC. Days starts early and according to an intern’s schedule one could be expected to be in attendance by 7:45 AM, at the latest. Ascendant Capitals office is located in Bee Cave, Texas. Thus, fostering an early morning routine stemming from the 35-minute drive from West-campus. From the moment you arrive you’re held to high standards in work ethic. Interns are responsible for all amenities and managing the facility by coordinating with the facility manager. The first tasks interns are assigned to come from the facility manager. Tasks revolve around kitchen inventory, stocking, and maintenance of kitchen appliances. Exceptionally on Fridays, Interns are also responsible for picking up the Torchy’s Tacos for the office, payed for by the CEO. Usually, these tasks will be completed by 8:30 AM at exactly the time Interns are to report to their department supervisors. Department supervisors require all interns to update them on the status of deliverables they may have taken on the prior to the day. Open communication and transparency about what an intern is working on throughout his internship is an expected norm of the office culture. Interns are usually at their desks working on these deliverables until lunch. After lunch its free sailing on projects until 4:30 PM, after which they report to the office manager for final instructions. 

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    University of Texas at Austin
    FAC 18
    2304 Whitis Ave. Stop G6200
    Austin, Texas 78712-1508