Manager, Canada Growth Fund Investment Management

PSP Investments; Calgary; Hybrid; CAD 100,000 - 140,000; Full time

Job summary

PSP Investments is seeking a Manager for the Canada Growth Fund Investment Management team in Calgary. This role involves performing technical due diligence, analyzing investment opportunities, and contributing to investment strategies in the low-carbon economy sector. Candidates should possess a master's degree and significant experience, combined with strong analytical and collaborative skills.

Benefits

Comprehensive group insurance plans

Competitive pension plans

Unlimited access to virtual healthcare services

Gender-inclusive paid family leave policy

Vacation days available on day one

A hybrid work model

Qualifications

• 5 to 10 years of experience, preferably with a consulting firm.
• Strong understanding of economic drivers in emerging energy technologies.
• Experience with technical analysis and investment processes.

Responsibilities

• Conducting in-depth technical due diligence on prospective investments.
• Analyzing the technical and economic feasibility of emerging technologies.
• Leading the preparation of investment recommendation papers for internal approval.

Skills

Analytical skills

Technical expertise

Critical thinking

Collaboration

Education

Masters degree in Engineering or a related scientific field

Job description

ABOUT US

We’re one of Canada’s largest pension investment managers, with CAD$264.9 billion of net assets as of March 31, 2024.

We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong.

Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world’s top companies. At PSP, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before. In Budget 2023, the Government of Canada announced that PSP Investments would act as the independent and exclusive investment manager for the Canada Growth Fund (CGF) a $15 billion investment vehicle that was established to support the growth of Canada’s clean economy. As the investment manager of CGF, PSP Investments will provide the full suite of investment management services to CGF, covering the entire investment and asset management lifecycle.

ABOUT THE TEAM

Our Canada Growth Fund Investment Management team is currently seeking a highly motivated and experienced technical expert to join our team as Manager, Canada Growth Fund Investment Management, as part of the investments team, leading technical due diligence out of our Calgary office.

The Canada Growth Fund Investment Management (CGFIM) Team is a new team created within PSP to manage the $15bn Canada Growth Fund. CGF’s mandate is to catalyze substantial private sector investment in Canadian low-carbon projects, technologies, businesses, and supply chains by deploying innovative funding structures that help mitigate certain risks and uncertainties inherent to investing in the low-carbon economy. CGF will be investing in Canadian projects and companies across themes such as carbon capture, hydrogen, renewable natural gas, clean technology, and critical minerals.

Size of team:

The team currently consists of approximately 30 professionals that support the execution of CGF’s mandate.

ABOUT YOUR ROLE

As a Manager, Canada Growth Fund Investment Management, you will be an important member of our investments team providing critical technical and commercial due diligence on prospective investments. You will be part of the investment team working closely with our investment professionals conducting technical economic assessments and assessing commercial potential of emerging technologies as part of our detailed due diligence process. This is a unique opportunity to participate in the potential scaling of Canadian companies by aiding in the deployment and management of CGF’s capital, helping shape the investment strategy and supporting the investments into emerging technologies.

Responsibilities include:

• Performing preliminary analysis of investment opportunities against the CGF mandate

• Conducting in-depth technical due diligence on prospective investments

• Analyzing the technical and economic feasibility of emerging technologies

• Assessing the market potential, scalability and competitive landscape for tech solutions

• Providing technical expertise and insights to the investment team

• Conducting research and analysis on macro trends in the climate tech sector

• Identifying and evaluating emerging climate technologies

• Contributing to the development of the investment theses and investment strategies

• Supporting current portfolio companies with technical guidance and support

• Leading the preparation of investment recommendation papers for internal approval

• Cultivating a network of contacts within and outside of the investment & energy transition industries to assist with the identification and evaluation of investment opportunities

WHAT YOU’LL NEED

• Masters degree in Engineering or a related scientific field

• Five (5) to ten (10) years of experience, preferably with a consulting firm

• Strong understanding of economic drivers in emerging energy technologies

• Experience with technical analysis and investment processes

• Excellent analytical and critical thinking skills and the ability to communicate technical findings in a clear and persuasive manner

• Intellectual curiosity and naturally self-motivated

• Highly collegial, collaborative and supportive; comfortable with shared decision-making processes

We offer a tailored employee experience and competitive total rewards and benefits package* designed to attract and retain global diverse talent, reward performance, and reinforce business strategies and priorities. Beyond salary and incentive pay eligibility, you have access to:

• Investment in career development

• Comprehensive group insurance plans

• Competitive pension plans

• Unlimited access to virtual healthcare services and wellness programs

• Gender-inclusive paid family leave policy: up to 26 weeks for primary caregivers, 5 weeks for secondary caregivers

• A personalized family-building support, from pre-pregnancy to menopause, with available financial assistance

• Vacation days available on day one with additional days on milestone service anniversaries, and summer Friday afternoons off

• A hybrid work model with a mix of in-office and remote days

*Benefits package may vary based on your employee type.

At PSP, we aim to provide an inclusive workplace where we leverage diversity and where everyone feels valued, safe, respected and empowered to grow. As part of this leadership commitment, we strongly encourage applications from all qualified applicants and strive to offer an inclusive and accessible candidate experience. If you require any accommodation for any part of the recruitment process, please let us know.

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