Associate, Infrastructure

Company Description

Make an impact at a global and dynamic investment organization

When you join CPP Investments, you are joining one of the world’s most admired and respected institutional investors. As a professional investment management organization, CPP Investments invests the funds of the Canada Pension Plan (CPP) to help ensure its financial sustainability for generations of working and retired Canadians.

CPP Investments invests across regions and asset classes to build a globally diversified portfolio. It holds assets in public equity, private equity, real estate, infrastructure, and fixed income, and the CPP Fund is projected to reach $3.6 trillion in assets by 2050. The organization is headquartered in Toronto with offices in Hong Kong, London, Mumbai, New York City, San Francisco, São Paulo, and Sydney.

CPP Investments successfully attracts, selects, and retains talented individuals from top-tier institutions worldwide. Join our team for access to:

• Stimulating work in a fast-paced and intellectually challenging environment
• Accelerated exposure and responsibility
• Global career development opportunities
• Diverse and inspiring colleagues and approachable leaders
• A hybrid-flexible work environment with an emphasis on in-person collaboration
• A culture rooted in principles of integrity, partnership, and high performance
• An organization with an important social purpose that positively impacts lives

If you have a passion for performance, value a collegial and collaborative culture, and approach work with the highest integrity, invest your career here. 

Job Description

As an Associate, you will be responsible for conducting fundamental investment research, assisting in building recommendations, implementing fundamental investments strategies, and monitoring and managing portfolio investments. You may also support the identification, scoping, and implementation of value creation opportunities by conducting research, analysis, and preparing presentations.

Team Description

CPP Investments’ Infrastructure division directly invests in large-scale infrastructure assets that deliver defensive, long-term returns, provide substantial inflation protection, and carry minimal substitution risk. The division typically targets regulated utilities, transportation, telecommunications, data centers, and energy sectors, with equity investments ranging from C$500 million to several billion dollars. The team takes an active, thematic approach focused on core megatrends, with flexibility across risk, structure, and geography. The Infrastructure division currently holds more than 30 direct investments valued at approximately C$60 billion and employs over 50 professionals across six global offices.

Accountabilities:

1. Analyze Investment opportunities and provide recommendations

• Research, analyse and evaluate investment opportunities
• Build complex dynamic financial models to analyse investment opportunities and perform valuation analyses
• Perform due diligence on opportunities including past and projected financial performance, investment merits and risks, expected returns, regulatory environment, industry dynamics and other relevant factors
• Review 3rd party due diligence reports (legal, accounting, industry strategic reviews, environmental, etc.)
• Meet with company management and review past performance, strategy, outlook, regulatory and industry issues, and other relevant topics as required
• Assist in presenting investment recommendations to investment committees

1. Execute Infrastructure Investments

• Assist with the overall execution of investments
• Lead day-to-day of selected workstreams in the acquisition process
• Liaise with investment partners and advisors

1. Assist in asset management of portfolio companies

• Monitor ongoing financial and operational performance of Infrastructure investments
• Identify and help implement value creation initiatives at portfolio companies
• Assist in performing valuation reviews for Infrastructure investments
• Assist in building and leveraging relationships with portfolio company management teams

Qualifications

• Undergraduate degree or college diploma in relevant field
• An advanced degree or certification (CFA) is an asset
• Work experience commensurate with an Associate level role.
• Strong research, analytical, financial modeling, valuation, problem solving skills and ability to think creatively
• Experience working in deal environments including supporting acquisitions, diligence and/or asset management activities
• Advanced computer/technical skills – MS Excel, MS PowerPoint · Solid verbal and written communication skills

Additional Information

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At CPP Investments, 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. 

Our Commitment to Inclusion and Diversity:

In addition to being dedicated to building a workforce that reflects diverse talent, we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know and we will work with you to meet your needs.

Disclaimer:

CPP Investments 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 Investments to provide resumes to this posting or web-site will be considered unsolicited and will not be considered.  CPP Investments will not pay any referral, placement or other fee for the supply of such unsolicited resumes or information.