Principal, Funds

Company Description

Make an impact at a global and dynamic investment organization

When you join CPP Investments, you are joining one of the world's most admired and respected institutional investors. As a professional investment management organization, CPP Investments invests the funds of the Canada Pension Plan (CPP) to help ensure its financial sustainability for generations of working and retired Canadians.

CPP Investments invests across regions and asset classes to build a globally diversified portfolio. It holds assets in public equity, private equity, real estate, infrastructure, and fixed income, and the CPP Fund is projected to reach $3.6 trillion in assets by 2050. The organization is headquartered in Toronto with offices in Hong Kong, London, Mumbai, New York City, San Francisco, São Paulo, and Sydney.

CPP Investments successfully attracts, selects, and retains talented individuals from top-tier institutions worldwide. Join our team for access to:

* Stimulating work in a fast-paced and intellectually challenging environment

* Accelerated exposure and responsibility

* Global career development opportunities

* Diverse and inspiring colleagues and approachable leaders

* A hybrid-flexible work environment with an emphasis on in-person collaboration

* A culture rooted in principles of integrity, partnership, and high performance

* An organization with an important social purpose that positively impacts lives

If you have a passion for performance, value a collegial and collaborative culture, and approach work with the highest integrity, invest your career here.

Job Description

Principal, Funds, CPPIB America, Inc., New York, NY:

Lead or co-lead deal teams in the end-to-end execution of due diligence and negotiation of private equity fund investments (minimum $100 million commitment to funds at least $1 billion in size) and co-investments (equity cheques ranging from $25 million to $100 million). Lead the development of investment theses and identification of due diligence priorities spanning a variety of topics, including but not limited to strategy, underwriting, value creation, track record, team, capacity, alignment and prospective returns.

Oversee analysis used to evaluate fund opportunities/co-investments and conduct due diligence, including leading interviews with executives of private equity General Partners ("GPs"). Develop and present investment recommendation materials for internal approval to Investment Committees. Lead or co-lead legal negotiations of Limited Partnership Agreements and side letters. Monitor ongoing financial performance of GPs, underlying portfolio company investments and co-investments. Act as the primary/secondary relationship manager for private equity GPs, which includes conducting ongoing corporate development meetings to identify partnership opportunities, managing day-to-day engagement and required legal approvals/consents, approving capital calls and forecasting liquidity.

Attend annual meetings and serve as CPP representative on limited partner ("LP") advisory boards. Identify and help source co-investments and strategic deal flow for other CPP investment teams. Lead introductory meetings and calls with existing and prospective GPs, maintain a network of external private equity industry relationships and originate new potential relationships for Funds. Participate in and contribute to Funds & Secondaries (F&S) meetings.

Review, analyze and comment on investment recommendations prepared by F&S deal teams at Investment Committee. Lead and contribute to strategic projects/initiatives within Funds or enterprise-wide across CPP. Lead or co-lead various operational work streams that are critical to the day-to-day functions of the Funds team. Manage junior investment professionals and provide actionable coaching and feedback. Participate in recruiting and training initiatives.

Full time employment, Monday - Friday, 40 hours per week, at least $298,854 to $320,000 per year.

Qualifications

MINIMUM REQUIREMENTS:

Bachelor's degree in Finance, Economics, Business Administration or a related field and 8 years of progressive, post baccalaureate related work experience.

Of the…