Intern - Investments, Equities, Private Capital (Jan - April 2024)

Posted 17 August 2023

Intern - Investments, Equities, Private Capital (Jan - April 2024) at Ontario Teachers' Pension Plan

Administration Internships Toronto

Experience: Not specified
Salary Range: Not Specified

Close date: 29 September 2023

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Position Description

The deadline to apply for this role is: September 29, 2023

The opportunity

January 2024- April 2024- 4 Positions Available

Private Capital invests in companies around the world seeking to grow and add value to their businesses. We search for high quality direct private equity investment opportunities in mature businesses with strong management teams, putting capital to work in Canada, the United States, Europe, Asia.

Who you’ll work with

Private Capital, the private equity arm of Ontario Teachers’ Pension Plan, focuses on long-term value creation. The team invests directly in private companies, either on its own or with partners, and indirectly through private equity funds (note this role is not a fund investing role). It has realized a rate of return of nearly 20% per year since inception. Both domestically and internationally, Private Capital has been a major principal in some of the world’s most significant and complex private equity transactions (e.g., GFL, Princeton Digital, Traeger, Cushman & Wakefield, Amica Senior Living, HomeEquity Bank).

You’ll be working with multiple sector teams, each consisting of 8-10 investment professionals to 1) provide strategic support to existing portfolio companies to help enhance their growth prospects, 2) support team members as they look to diligence and execute new investments and / or divest of current investments, 3) support team members in their research efforts to develop views/theses on investable sectors, companies, or trends of interest. Work will be both collaborative as well as independent

  • A structured training program has been crafted to ensure that all interns leave with the skills required to be successful as they pursue a career in high finance and / or direct principal investing
  • As an intern you will work primarily with the Analysts, Associates and Principals in Private Capital, however, you will have exposure to senior leadership and will have the opportunity to attend Private Capital’s weekly Investment Committee and other meetings / events as they arise
  • We are located at Yonge and Finch in Toronto, ON; no travel is required

What you’ll do

Private Capital is currently seeking 3 Interns to join its Direct Investing team. As a key member of the deal team, you will be responsible for:

  • Monitoring and valuing existing investments
  • Evaluating new investment opportunities
  • Conducting industry research
  • Preparing internal investment memorandums

What we’re offering

  • Numerous opportunities for professional growth and development, including lunch and learns
  • Student led team building events on a monthly basis
  • Employee discount programs including Edvantage and Perkopolis
  • Degreed: a digital platform that helps you quickly and easily discover, share, and track various learning resources — from courses to videos to articles and more

At Ontario Teachers', diversity is one of our core strengths. We take pride in ensuring that the people we hire and the culture we create, reflect and embrace diversity of thought, background and experience. Through our Diversity, Equity and Inclusion strategy and our Employee Resource Groups (ERGs), we celebrate diversity and foster inclusion through events for colleagues to connect for professional development, networking & mentoring. We are building an inclusive and equitable workplace where our talent is respected, accepted and empowered to be themselves. To learn more about our commitment to Diversity, Equity and Inclusion, check out Life at Teachers'.

Required Skill / Experience

What you’ll need

  • Strong academic track record, particularly in accounting and finance
  • Excellent written and verbal communication skills
  • Advanced working knowledge of Excel, Word, and PowerPoint
  • Strong research, quantitative and analytical skills
  • Keen interest in investing and familiarity with financial modelling are assets
  • Must be enrolled in 2nd- 4th year of a relevant undergraduate degree program
  • You must be enrolled in a co-op program or returning back to your studies after the work term is completed

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