Principal, Private Markets

OPTrust; Greater London; Hybrid; GBP 90,000 - 120,000; Full time

Benefits offered by this job

Hybrid work model

Benefits package

Professional development

Job summary

OPTrust is seeking a Principal in London to support Private Markets across private equity and infrastructure investments. You will analyze opportunities, perform due diligence, and prepare investment recommendations for Europe.

This role partners with teams in Toronto and Sydney to execute deals and monitor portfolios. The position offers a hybrid work model, strong development opportunities, and a collaborative, purpose-driven culture focused on paying pensions today and preserving pensions for

Qualifications

• 2–4 years of relevant investment experience in advisory or principal investment.
• Strong financial modelling and valuation skills.
• Experience collaborating with private markets teams and management.
• Excellent verbal and written communication abilities.

Responsibilities

• Identify investment opportunities and support evaluation with the team.
• Lead due diligence, build detailed models and assess returns.
• Prepare investment memos and participate in investment committee discussions.
• Monitor portfolio performance and assist with reporting.

Skills

Financial modelling

Due diligence

Investment analysis

Communication skills

Education

Undergraduate degree

Tools

Excel

PowerPoint

Bloomberg

Job description

**Principal, Private Markets****Department:** Investments**Type:** Full-Time - Permanent**Location:** London, UK (Hybrid)**Posting Date:** October 8, 2026At OPTrust, ***paying pensions today, preserving pensions for tomorrow*** is our mission and business. When you choose OPTrust, you join a team of smart, talented people who fuel our success and have a passion for pensions. Everyone at OPTrust – in Toronto, London and Sydney – makes a meaningful impact. Our culture is driven by team members with different backgrounds and perspectives creating an inclusive and fulfilling place to work for everyone. We work in a fast-paced environment, but we find time to have fun and give back to the community. **What OPTrust offers you** * Unique culture rooted in our core values – collaboration and teamwork, integrity, respect, flexibility, excellence and continuous improvement.* A purpose-driven environment where we all work towards the common goal of paying pensions today and preserving pensions for tomorrow.* Comprehensive benefits package as well as membership to a pension plan.* A flexible, hybrid work model.* A dedicated inclusion, diversity and equity strategy with meaningful opportunities to participate, including our employee-led resource groups.* Professional development opportunities and learning initiatives including access to LinkedIn Learning, in-house speaker series, and professional association memberships, amongst other things.* Competitive vacation package and time away from work such as work-life balance days. **About OPTrust and The Private Markets Team** * With net assets of over C$27 billion, OPTrust invests and manages one of Canada’s largest pension funds and administers the OPSEU Pension Plan (including OPTrust Select), a defined benefit plan with over 118,000 members.* OPTrust Private Markets Team is a dedicated business unit within the Investment Division of OPTrust, responsible for managing the global Private Equity and Infrastructure portfolios with a long-term target allocation of approximately 30% of total pension assets, split evenly between the two asset classes. Today, Private Markets manages an investment portfolio with approximately C$10 billion of Net Asset Value, with significant diversification across investments, transaction types, sectors and geographies. Our core tenets are middle-market focused, partnership oriented, highly flexible/creative investment approach, with an emphasis on downside protection. We have a global investment mandate with experienced investment professionals based in Toronto, London, and Sydney. **Why join the Private Markets London Team?** * Differentiated private markets team with a strong investment track record.* Unique opportunity to work across both the private equity and infrastructure asset classes, invest across the entire risk-return spectrum and gain experience across a diverse set of transaction types/structures (ie. Primary fund investments, co-investments and direct investing).* Opportunity for an immediate impact with significant runway for professional growth.* Flexible investment mandate with substantial group autonomy and authority.* Team-oriented environment with significant tenure across senior ranks. **About the role** OPTrust is seeking a Principal candidate to be based in the London Office. This Principal will have a key role in the Private Markets team supporting both Private Equity and Infrastructure investment strategies. Reporting to Managing Director, Private Markets, the Principal will provide high-quality analysis, research and investment opinions pertaining to new investment opportunities and existing portfolio investments managed out of the London office (focused on Europe), as well as providing support and collaborating more broadly with Private Markets teams in the Toronto and Sydney offices.In collaboration with the Privat Markets team, the principal will participate in all aspects of a deal from origination, identifying key drivers of returns and risk, due diligence, conducting qualitative and quantitative analysis, structuring, negotiating terms, preparing investment recommendations, asset management and exit. **What you’ll do** **Investment Selection, Due Diligence and Execution:** * Identify investment opportunities, working collaboratively with other Private Markets investment professionals.* Assist in the evaluation, structuring and negotiation of investment opportunities.* Perform detailed due diligence in evaluating investment opportunities, including industry and business assessment, review third party due diligence materials and reports, and prepare detailed financial models and returns analysis.* Prepare investment approval documents and actively participate in the investment decision-making process, including investment committee meetings.* Liaise with key counterparties including advisers, lenders, and corporate representatives.* Represent Private Markets in meetings with management teams, investment partners and external advisors. **Portfolio and Asset Management:** * Support existing investments, including the on-going management and monitoring of financial and operating performance, and assist with strategic initiatives alongside investment partners and management teams.* Liaise with various internal teams and stakeholders (Ie. Legal, Tax, Finance, Risk, etc.) and collaborate on variety of tasks related to new investments and ongoing portfolio management.* Prepare various internal and external documentation related to portfolio investments, including valuations, approvals and consents.* Identify and monitor new trends relevant to the existing Private Markets investment portfolio and areas of focus.* Act as key relationship contact with relevant counterparts at external investment partners and management teams **Reporting, Coordination & Communication:** * Lead the Private Markets portfolio’s quarterly reporting process alongside the analyst team, producing in-depth portfolio analysis and ensuring the overall quality of the report.* Report on the ongoing performance of the real estate investment portfolio and monitor exposures to various sectors and geographies.* Work closely with the team’s leadership to enhance and implement processes to meet the evolving reporting needs of the Private Markets team.* Liaise with the Finance team on matters related to financial accounting, valuations, reporting and investment performance, conducting reviews of quarterly performance and other financial metrics.* Attend events and conferences and report back to the team as required.* Performs other duties as assigned.* undefined* Perform other duties as assigned* Ensure clear understanding and adherence of all OPTrust’s policies, procedures, guidelines as well as living our values and fostering an inclusive culture **What you bring** * 2-4 years of relevant experience, including advisory at a leading investment bank and/or principal investment at a private equity or infrastructure fund, pension fund or other financial sponsors.* Undergraduate degree is required, with additional designations/certifications valued but not required (e.g., MBA, CFA, CA/CPA, etc.).* Demonstrated experience of applied investment and valuation analysis, with strong financial modelling skills.* Self-starter, proactive, excellent attention to detail, intellectual curiosity, highly numerate with genuine motivation and drive to learn the business.* Team-oriented and collaborative by nature with ability to build and maintain relationships, working closely and effectively with colleagues, management teams, partners, and other stakeholders.* Proven ability to multi-task, manage timelines and perform in a high-expectation, unstructured environment.* Effective oral and written communication and presentation skills required.* Willingness and eagerness to learn and develop as an investment professional, including, but not limited to AI tools and programs.* A second, European, language would be a benefit and availability for extensive travel is required.* Exemplify OPTrust values: collaboration and teamwork, integrity, respect, flexibility, excellence, and continuous improvement.* Exemplify OPTrust’s values: collaboration and teamwork, integrity, respect, flexibility, excellence, and continuous improvement. **Please submit your application via Workday by October 22, 2026.**