CPP Investment Board

Toronto, Ontario

Analyst, Secondaries & Co-Investments

ASAP
Competitive
Toronto, Ontario
Early Career

Company Description

Make an impact at a global and dynamic investment organization

When you invest your career in CPP Investment Board (CPPIB), you join one of the most respected and fastest growing institutional investors in the world. With current assets under management valued in excess of $238 billion, and projected to reach $300 billion by 2020, CPPIB is a professional investment management organization that globally invests the funds of the Canada Pension Plan to ensure long-term sustainability. CPPIB invests in all major asset classes, including public equity, private equity, real estate, infrastructure and fixed-income instruments, and currently has offices in Toronto, London, Hong Kong, New York, São Paulo with plans for a Mumbai office in 2015.

CPPIB attracts and selects high-calibre individuals from top-tier institutions around the globe. Join our team and look forward to:

  • Being motivated every day by CPPIB's important social purpose and unshakable principles
  • Diverse and inspiring colleagues and approachable leaders
  • Stimulating work in a fast-paced, intellectually challenging environment
  • Accelerated exposure and responsibility
  • Global career development opportunities
  • A deeply rooted culture of Integrity, Partnership and High Performance

If you share a passion for performance, value a collegial and collaborative culture, and approach everything with the highest integrity, here's an opportunity for you to invest your career at CPPIB.

Position Description

Reporting to the Managing Director, Head of Secondaries and Co-Investments, the Analyst plays a key role in making and managing principal secondary investments around the world, particularly in North America, Europe and Latin America. The Analyst assists deal teams in evaluating potential private equity secondaries and co-investment opportunities, conducting research, developing recommendations and participating in the execution of investments.

A) Analyze Investment Opportunities:

i) Review:

  • Research, analyze and evaluate secondary and co-investment opportunities
  • Build complex dynamic financial models to analyze investment opportunities (including testing assumptions and sensitivities)
  • Perform due diligence on secondary portfolios and co-investment opportunities; evaluating company dynamics, valuation and exit opportunities
  • Compile and analyze track record information for managers
  • Perform regular valuation analysis of private equity funds
  • Perform benchmarking analysis on secondary investments and co-investments
  • Meet with fund managers and review past performance, strategy, outlook, industry issues, and other relevant topics as required
  • Conduct reference calls with portfolio company management, Limited Partners and other industry participants
  • Apply "Total Portfolio Approach" as it applies to investments, including PME and analysis

ii) Recommend:

  • Under the supervision of the Associate, Senior Associate, Principal or Senior Principal, create Investment Recommendations outlining potential investment opportunities
  • Assist in presenting Investment Recommendations to the Investment Partnerships department and the Investment Department Decision Committee

B) Execute Secondaries and Co-Investments:

  • Manage discreet aspects of the execution of secondaries and co-investments as directed
  • Liaise with investment partners (other Limited Partners) and advisors (financial, legal, etc.) and other secondary syndicate participants
  • Assist in executing agreements and other transaction-related legal documentation
  • Assist in the marketing activities of CPPIB's secondary strategy to industry participants (GPs, LPs, captive private equity teams, etc.) including assisting in the development of marketing materials and strategies for implementation and dissemination by all members of the Funds, Secondaries & Co-Investments team

C) Monitor Private Equity Funds:

  • Review capital calls and distributions related to secondary investments
  • Coordinate with the Investment Finance groups with respect to monitoring of investments
  • Monitor ongoing financial performance of portfolio companies and secondary investments
  • Assist in performing valuation reviews of secondaries and co-investments
  • Attend annual meetings and advisory board meetings
  • Assist in building and leveraging relationships with Limited Partners and other industry participants
  • Identify and assist in the sourcing of opportunities for the Private Investments platform

D) Build the Team:

  • Participate in and contribute to weekly departmental meetings and investment recommendation meetings
  • Share information by coordinating and entering information into Investran for both existing and prospective investments
  • Assist in recruiting activities including liaising with universities, networking, sourcing candidates and interviewing prospective hires, as required
  • Assist with onboarding activities for new Investment Partnership department colleagues
  • Other relevant duties and projects as assigned

Position Requirements

  • 1-2 years experience in management consulting, investment banking, private equity or other relevant areas
  • CFA, CBV or CA designation is considered an asset
  • LLB or equivalent is considered an asset
  • Strong research, financial modeling, problem solving, analytical and valuation skills
  • Experience in conducting due diligence
  • Experience in the negotiation process
  • High degree of professionalism and integrity
  • Ability to think critically and creatively, and exercise good judgment
  • Strong attention to detail
  • Highly effective interpersonal and relationship building skills
  • Ability to communicate effectively, both orally and in writing
  • Flexible and adaptable to changing priorities and new challenges
  • Ability to meet deadlines and work well under pressure
  • Team player who enjoys a high performance culture
  • Willingness to travel

At CPP Investment Board, we are committed to diversity and equitable access to employment opportunities based on ability.

We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process

Disclaimer:

CPP Investment Board does not accept resumes from employment placement agencies, head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other web-site job postings. Any resume or other information received from a supplier not approved by CPP Investment Board to provide resumes to this posting or web-site will be considered unsolicited and will not be considered.  CPP Investment Board will not pay any referral, placement or other fee for the supply of such unsolicited resumes or information.

How to Apply