Principal, Private Equity

BCI; Victoria; On-site; CAD 135,000 - 165,000; Full time

Job summary

BCI seeks a Principal for its Direct Private Equity program in Victoria. This role involves executing investments, managing projects, and mentoring junior staff, with a focus on strategic analysis in the Global Business Services & Consumer sector. Candidates should bring strong collaboration and communication skills, alongside relevant experience and advanced degrees.

Benefits

Performance-based incentive plan

Comprehensive health & dental benefits

Defined benefit pension plan

20 days’ vacation

Annual wellness allowance

Professional development opportunities

Relocation support available

Qualifications

• 4-7 years of experience in private equity, investment banking, or related fields.
• Strong communication and collaboration skills are essential.
• Ability to manage projects independently and within teams.

Responsibilities

• Lead analyses of investment opportunities and manage diligence processes.
• Monitor portfolio performance and support value creation initiatives.
• Mentor junior team members and contribute to strategic partnerships.

Skills

Collaboration

Communication

Strategic Acumen

Investment Analysis

Project Management

Education

Undergraduate Degree

MBA or JD (Preferred)

CFA/CA/CPA Designations (Valued)

Job description

BCI is seeking an outstanding Principal to join its Direct Private Equity program located at BCI’s Victoria office. BCI’s Direct Private Equity program is organized by sector specialty, and this opportunity will be within its Global Business Services & Consumer sector team.

We are looking to hire immediately.

WHO WE ARE

With assets under management valued at approximately C$250 billion as of March 31, 2025, BCI is one of the largest institutional investors in Canada. BCI invests in all major asset classes globally including public and private equity, infrastructure and renewable resources, fixed income, real estate and commercial mortgages. Our investment returns play a significant role in helping our public sector pension and insurance clients build a financially secure future for their beneficiaries.

BCI is headquartered in Victoria, British Columbia and its private equity team is based in Victoria, New York City, and its newly established presence in London.

BCI’s Private Equity program manages a ~C$31 billion global portfolio, with an emphasis on direct investments. We seek to invest ~US$100-500+ million per transaction for ~20-100% equity ownership in market-leading companies with sustainable competitive advantages and multiple value creation opportunities. BCI Private Equity invests directly and often alongside strategic partners with deep sector expertise across our targeted sectors including Financial Services, Business Services, Consumer, TMT, Healthcare, and Industrials. We secure meaningful governance/board positions which underpin our active role in value creation from deal origination through exit.

THE OPPORTUNITY

Principals are integral deal team members at BCI, responsible for executing against a range of investment-related priorities as well as mentoring and managing Associates and Analysts. Investment-related responsibilities including executing and managing direct private equity investments as well as select fund commitments with strategic partners. This includes investment research and strategy development, analysis of investment opportunities, execution of due diligence workstreams, performance monitoring, and investment-related value-creation initiatives, such as follow-on M&A, financings, and other strategic priorities.

Principals are expected to build collaborative relationships with a range of stakeholders including deal team leaders, junior team professionals, strategic partners, portfolio company executives and board members. Internally, Principals develop and communicate independent insights with respect to investment opportunities under evaluation, as well as monitoring the ongoing performance of BCI’s private equity investments. Above all else, the Principal will bring a long-term value investing mindset with excellent interpersonal and communication skills.

Our desire is for candidates who are ambitious, intellectually curious, hard-working, and who can integrate seamlessly into BCI’s high-performance team.

From a cultural standpoint, we value collegial and collaborative team players who possess an entrepreneurial mindset, a ‘get it done’ mentality and above all, a commitment to help deliver strong risk-adjusted returns for BCI’s clients.

KEY REQUIREMENTS

• 4-7 years of relevant experience in areas such as private equity, investment banking, strategy consulting and corporate development, or equivalent experience
• Strong collaboration and communication skills
• Strategic acumen and intellectual curiosity / flexibility, underpinned by deep technical rigour
• Insights that inform investment decisioning and commercial judgment
• Demonstrated people leadership and development
• Ability to effectively manage projects under pressure and within tight deadlines
• Ability to function both independently and as part of a high-performance team
• Beyond an undergraduate degree, an advanced degree, such as MBA or JD, will be viewed favourably. Additional designations, including Chartered Financial Analyst (CFA) and/or CA/CPA are also highly valued.

KEY RESPONSIBILITIES

Investment Analysis and Execution

• Leading the preliminary analysis of investment opportunities and recommending pipeline prioritization and resource planning to senior team members
• Conducting expert and potential strategic fund partner interviews, participating in management meetings and developing initial views on valuation
• Spearheading development of investment theses by identifying investment merits and risks and assessing mitigating factors
• Coordinating, completing and/or overseeing various due diligence workstreams with minimal guidance and within the appropriate due diligence framework
• Managing interactions and engagements with external advisors as well as with internal stakeholders (i.e., legal, tax, risk, etc.)
• Synthesizing findings, key analysis and supporting documents in an organized and documented manner for the broader team and investment committee
• Leading the preparation of investment committee materials; coordinating and participating in the investment review process.

Portfolio Monitoring and Oversight

• Overseeing tracking and actively evaluating financial performance, execution of value creation initiatives and valuation of portfolio companies versus original investment thesis
• Performing ongoing review of changes impacting the company and industry, identifying relevant opportunities and risks and systematically developing objective and rigorous views on the long-term potential of portfolio companies
• Coordinating resource allocation to support value creation initiatives and working with portfolio company management teams and/or strategic partners
• Supporting portfolio company board directors and observers.

Projects/Ongoing Knowledge

• Keeping current with respect to industry and private equity trends
• Working on specific projects to enhance team capabilities
• Mentoring and training of junior team members
• Participating in professional development activities on an ongoing basis
• Developing key strategic relationships with strategic partners, consultants/advisors, internal resource groups, etc.
• Understanding and ensuring deal team compliance with risk management policies.

WHERE YOU WILLL WORK

Work from our office in Victoria. We are an in-person collaborative organization with the flexibility to work remotely 1 day per week.

SALARY RANGE

BCI offers a competitive total rewards package which includes a performance-based incentive plan, comprehensive health & dental benefits, a defined benefit pension plan and paid time off.

The annualized base salary range for this Victoria-based role is CAD $135,000 -$165,000.

The base salary offered will consider a wide array of factors including but not limited to the individual’s skill set, level of experience applicable to the role, and consideration to internal equity.

We pay our people competitively in the markets in which we operate and with consideration to internal equity and job structure. We aim for actual pay to be around the median of the market for target or expected levels of performance, and around the upper quartile of the market for excellent performance.

Actual salaries may vary and may be above or below the range based on various factors, including, but not limited to, experience and expertise.

WHY APPLY TO JOIN BCI

With our values as our anchor, it’s our people that help shape employee-focused initiatives and who create the environment we work in each day – all of which further strengthens our culture. BCI has been recognized as one of Canada’s Top 100 Employers – for the sixth consecutive year – and has built programs and benefits to support all our employees, including;

• Medical, dental and vision coverage start on your first day of work. We have you covered!
• Our telehealth provider Dialogue connects you and your family to virtual healthcare appointments
• Participation in the defined benefit BC Public Service Pension Plan providing a secure retirement income
• Time off includes: 20 days’ vacation, 6 paid sick days, 6 paid personal days, and 2 paid days for volunteering – to support physical, mental, and community health
• Annual wellness allowance to support an active lifestyle and physical well-being
• On-going learning through our in-house mentoring program, professional dues support and online and in-house learning
• Relocation support is available if a move to one of BCI’s locations is required
• Invested in your learning: BCI investment professionals lead a monthly Investment Club to share industry knowledge with employees who work in other departments

Closing Date: July 10, 2025

At BCI, we value diversity and believe in fostering an inclusive culture where all employees can be successful

We are performance and client focused and value integrity; if you share these values, we want to know you.

We recognize that some skills can be learned on the job and encourage all to apply.

If you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations), contact us at [e-mail].