Graduate Private Markets Rotational Program May 2023 - May 2025 Job

Why you’ll love working here:

• high-performance, people-focused culture

• our commitment that equity, diversity and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selves

• learning and development initiatives, including workshops, Speaker Series events and access to LinkedIn Learning, that support employees’ career growth

• competitive, 100% company-paid extended health and dental benefits for permanent employees with recent additions to promote inclusive coverage to a diverse employee population. These recent additions include gender affirmation and fertility drug and treatment coverage

• membership in HOOPP’s world class defined benefit pension plan, which can serve as an important part of your retirement security

• access to an annual wellness reimbursement program for health and wellness-related expenses for permanent employees

• virtual fitness, yoga and meditation classes, nutritional consultations and wellness seminars

• we offer a hybrid flexible work model that embraces remote work in Ontario for eligible roles

• the opportunity to make a difference and help take care of those who care for us, by providing a financially secure retirement for Ontario healthcare workers

Private Markets Rotational Analyst 

Investment Management, Graduate Private Markets Rotational Program 

The Healthcare of Ontario Pension Plan (HOOPP) is one of the top-performing and fastest-growing pension funds in the world, with over $100 billion in net assets under management globally. HOOPP invests in all major asset classes, including fixed income, public equity, credit, private equity, real estate, and infrastructure, and is headquartered in Toronto, Canada. 

HOOPP’s Graduate Private Markets Rotational Program offers new graduates the opportunity to complete three (3) rotations over twenty-four (24) months with the opportunity to be placed in a permanent role after completion. Participants will develop a strong understanding of how each department contributes to the success of our fund and how we deliver on our pension promise. 

Upon successfully completing the Graduate Private Markets Rotational Program, participants will have: 

• Developed knowledge of the private market asset class they will be supporting while working with a team of world-class investors; 

• Hands-on experience learning different investment strategies and investment processes needed for sourcing, evaluating and managing investments across the major private market asset classes; 

• Formal training on how to analyze and evaluate industries, and individual assets within Private Equity; Private Credit; Infrastructure and Real Estate; and 

• Collaborated with leaders that have diverse experiences in a professional environment. 

The Opportunity 

Over the duration of the program, you will be placed in three Private Market departments within our Investment Management Division for a duration of eight months each. 

HOOPP has been increasing its allocation to Private Markets over the last number of years and expects to continue to do so through the 2025 strategic plan. Private Markets offer the opportunity to invest in markets and businesses that may not be available in the public markets and to manage the volatility associated with the public capital markets. Furthermore, although more illiquid in nature, the businesses and assets the Private Market Groups (HOOPP Capital Partners, Real estate and Infrastructure) invest in tend to have a longer time horizon and match well with the long-term liabilities of the pension plan.  

The various Private Market teams manage a diverse set of strategies across many asset classes and provide beneficial input into our fund’s asset mix decisions, diversification and cross fund initiatives. The team is growing and constantly evolving to achieve our goals. 

What you will do: 

Investment Process 

• Review public, private, industry, economic and market information to develop a strong understanding of business models and develop theses for potential investments 

• Conduct industry and market research for an investment decision or to identify future investment opportunities 

• Prepare financial analysis (including complex financial models) that is user-friendly and dynamic 

• Apply strong written skills in preparing investment risk committee materials and clearly communicate relevant information to the broader team and internal committees 

• Assist in acquisition due diligence activities that meet HOOPP’s strategic and return objectives 

• Assist deal teams in analyzing structuring alternatives and assessing implications  

• Assist in effectively managing various third parties including advisors, consultants, lawyers, accountants, partners and co-investors in active acquisitions   

Portfolio Management

• Contribute to the development and execution of the overall strategy for the assigned investment and asset portfolio(s). 

• Monitor, support and drive the financial performance of the existing investments in direct assets, funds, portfolio companies, etc. 

• Conduct analysis relevant to sell/hold and follow-on investment decisions to optimize portfolio

• Collate and synthesis portfolio data from multiple sources, to assist in the preparation of management reports that will drive portfolio and investment insights  

• Assist in executing dispositions through effective management of various third parties including advisors, consultants, lawyers, accountants, partners and co-investors  

• Investigate the impact of financing alternatives on portfolio companies or assets 

Team Responsibilities and Leadership

• Contribute to improving investment strategy (e.g. evaluation of various sectors and investment structures – new and existing) 

• Prepare analysis of key industry developments 

• Actively participate in developing, reviewing and discussing investment/divestment opportunities across the portfolio 

• Contribute positively to the culture of the group and broader HOOPP organization 

What you bring: 

• In the process of completing or recently completed a university degree in Arts, Mathematics, Science, Engineering or Finance with a strong interest in Investment Management 

• Highly motivated, adaptable, flexible and enjoy working in a fast-paced and exciting work environment 

• High energy, enthusiasm, and strong work ethic that models HOOPP’s company values 

• Ability to creatively solve problems, propose solutions, challenge the status quo and be innovative in your approach to work 

• Demonstrated qualitative and quantitative analytical skills, including financial modeling 

• Excellent communication skills, both written and verbal.  Able to produce effective research reports, including interpreting and synthesizing diverse research, complex data sets and large volumes of information 

• Strong time management and organizational skills 

• Demonstrated thoroughness and attention to detail 

• Advanced knowledge of all Microsoft Office applications 

• Knowledge of computer programming would be considered an asset 

• ·       [Progress towards finance or accounting professional designations (eg. CFA, CPA etc), while not required, would be considered an asset]

Equity, diversity & inclusion 

Fostering a diverse and inclusive workplace is core to HOOPP’s culture. One of the ways this is demonstrated is through our Employee Resource Groups which are led by employees, for employees, and have executive sponsors that champion their important work. These groups help us connect, support, and learn from employees with shared interests and life experiences, toward fostering an equitable, diverse, and inclusive workplace. 

The Investment Management Division is also committed to ensuring inclusive hiring practices because we believe a diverse group of individuals is more likely to make a team that can find innovative investment ideas and manages investment risks effectively. We value and encourage both visible and invisible elements of diversity including diversity in experience, ideas, thoughts, qualifications, beliefs, and attributes.