Investment Associate

Description:

The opportunity

We are seeking an Associate for our Private Capital (“PC”) team. Based in Toronto, you will be an integral part of the team focused on direct private equity investments in sizable, established North American businesses. You will play a key role in evaluating potential investment opportunities, executing transactions, conducting sector/sub-sector research including transaction pipeline building, and helping deal team members / investee company management teams with portfolio company management within the Diversified Industrials and Services portfolio. With our mindful staffing model, you will likely have the opportunity to support transactions across other Private Capital sector teams as well, including TMT, Healthcare, Financial Institutions, Sustainability & Energy Transition, and Digital IT & Services.

Who you'll work with

In your new role, you will have the opportunity to collaborate with a number of professionals including other members of OTPP in Toronto, London, Hong Kong, Singapore & Mumbai and outside professionals such as management teams of our assets, investment bankers, management consultants, board directors and lawyers.

Diversified Industrials & Services - Targets investments in industrials and business services companies with strong end-market fundamentals, ideally with both organic and acquisition growth opportunities. Diversified Industrials has a particular focus on packaging, capital goods, automation, and building products. Business Services has a particular focus on route-based services, environmental services, facility services and other B2B services.

The Equities department is comprised of: Private Capital Industry Groups, the Global Funds Team, the High Conviction Equities Team and the Portfolio Management Team. The department's mission is to deliver growth through investments in both private and publicly traded entities. Beyond generating strong returns for our stakeholders, we prioritize commitments to ESG, DEI and place significant value on maintaining an inclusive culture as well as a community that fosters continuous professional development.

What you'll do

Your time will be spent evaluating new investments and determining whether the company represents an attractive investment opportunity. Among other things, the analysis of investments includes conducting industry and company research, managing third-party advisors, building sophisticated financial models, arranging debt financing, reviewing legal documents, reviewing and analyzing due diligence materials, and preparing internal support materials and written recommendations to PC’s Investment Committee.

Once a transaction has been completed, you will remain involved with the business, attending board meetings as an observer, and will work with the management team and the board of directors to implement value-enhancing initiatives. In addition, you will work directly with management on various initiatives as required, including with respect to mergers and acquisitions, debt refinancings, budgeting, establishment of an annual strategic plan, incentive plan design/maintenance and other strategic projects.

You will get to play an active role in assisting in and identifying target investment sectors and generating proprietary deal flow in specific sectors. Activities will include conducting desk research, working with bankers and consultants, participating in calls with sector specialists and attending conferences.

What you'll need

• Min. 2 years related work experience (such as private equity, investment banking, or M&A advisory or corporate development)

• Candidates’ level will be assessed through standard assessments, those with less experience will be considered for an Analyst position

• An undergraduate or graduate degree from a university with a focus on business / finance / accounting / investment analysis or other quantitative discipline

• CFA and / or other meaningful designations are considered a strong asset

• Solid financial modelling (LBO/DCF) and valuation skills

• Very strong analytical and quantitative skills and ability to perform in-depth, creative, critical analysis

• Deep understanding of fundamental investment analysis

• Experience in the investment process, including conducting due diligence, arranging debt financing and, preparing CIMs or investment memorandums, negotiating documentation, etc.

• Ability to develop a good knowledge of the economic/business characteristics, conditions and trends of a broad range of industries

• Good communications skills, both oral and written, with solid presentation skills

• Great teammate with strong interpersonal skills, able to establish and build relationships

• Self-motivated, and possess unquestioned personal and professional integrity

• Ability to meet tight timelines and operate in a highly complex and demanding work environment

• Ability and willingness to travel internationally