Investment Associate, Private Capital - Services

otppb; Toronto; Hybrid; CAD 90,000 - 130,000; Full time

Benefits offered by this job

Hybrid work environment

Job summary

Ontario Teachers’ is seeking an Associate to join the Services Group within the Private Capital team in Toronto. You will evaluate potential investments, execute transactions, conduct sector research, and support portfolio company management across North America.

Work with deal professionals on thesis development, platform/add-on acquisitions, and value creation planning. Strong financial modeling and due diligence skills are essential.

Qualifications

• Approx. 2 years of related work experience in investment banking, private equity, M&A advisory, or related fields.
• A finance/business degree from a recognized university.
• Experience building financial models (LBO, DCF) from the ground up.
• Strong analytical and communication skills; ability to work in a fast-paced environment.

Responsibilities

• Evaluate new investments and determine attractiveness; conduct industry and company research.
• Build sophisticated financial models, arrange debt financing, review due diligence materials, and prepare memoranda.
• Support portfolio company management; attend board meetings when applicable.
• Develop investment theses and assist value creation, M&A, debt refinancings, budgeting and strategic projects.

Skills

Financial modeling

Industrials

Analytical skills

Data/AI tools

Investment analysis

Due diligence

Market analysis

Communication

Team collaboration

Time management

Willingness to travel

Education

Finance degree

Job description

The opportunity

We are seeking an Associate to join the Services Group within the Private Capital team. Based in Toronto, you will be an integral part of a team focused on direct investments in North America. You will play a key role in evaluating potential investment opportunities, executing transactions, conducting sector research, including pipeline building, and supporting portfolio company management.

Who you'll work with

Our Services team is focused on commercial and residential, industrial and infrastructure, and durable customer services. You will work alongside experienced deal professionals on thesis development, platform and add‑on acquisitions, and portfolio company value creation planning and management. In your role, you will engage with management teams, fund partners, investment bankers, board directors, and advisors.

What you'll do

You will evaluate new investments and determine whether the company represents an attractive investment opportunity. 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 analysing 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, potentially attending board meetings, 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 value creation planning, mergers and acquisitions, debt refinancings, budgeting and other strategic projects.

You will help develop and refresh sub‑sector investment theses through deep dives, market mapping, primary research, target screening, valuation benchmarking, and identification of key diligence themes. Activities will include conducting desk research, working with bankers and consultants, and attending conferences. There is also the expectation that you assist in building and maintaining relationships with fund partners.

What you’ll need

• Approximately 2 years of related work experience (investment banking preferred though experience in private equity, M&A advisory, management consulting, or corporate development may be considered)
• An undergraduate or graduate degree from a university with a focus on business / finance / accounting / investment analysis, or equivalent experience
• Experience in developing financial models (LBO, DCF, etc.) from the ground up to aid in investment valuation, transaction structuring, and financing decisions.
• Experience evaluating companies, transactions, or investment themes in industrials or business services is considered an asset.
• Very strong analytical and quantitative skills and ability to perform in-depth, creative, critical analysis
• Comfort using data and AI‑enabled tools to support research, analysis, diligence and portfolio company work
• Deep understanding of fundamental investment analysis
• Experience in the investment process, including conducting due diligence, arranging debt financing and negotiating documentation
• Ability to develop a good knowledge of the economic/business characteristics, conditions and trends of the target sector
• Excellent communication skills, both oral and written, with solid presentation skills
• Collaborative 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

What we’re offering

• Numerous opportunities for professional growth and development
• Comprehensive employer paid benefits coverage
• Retirement income through a defined benefit pension plan
• The opportunity to invest back into the fund through our Deferred Incentive Program
• A flexible work environment combining in office collaboration and remote working
• Competitive time off
• Our Flexible Travel Program gives you the option to work abroad in another region/country for up to a month each year
• Employee discount programs including Edvantage and Perkopolis

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 L