Intern, Canada Growth Fund
Job Summary
ABOUT US
Were one of Canadas largest pension investors with CAD$299.7 billion of net assets as of March 31 2025.
We invest funds for thepension plans of thefederalpublicservice the Canadian Forces theRoyal Canadian Mounted Police andthe ReserveForce. 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 worlds top companies. At PSP youll join a team of motivated and engaged professionals dedicated to propelling our organization further than ever 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 public investment vehicle that was established to support the growth of Canadas clean economy and help to meet its national economic and climate policy goals. Following this PSP Investments has incorporated CGF Investment Management (CGFIM) for that purpose. CGFIM is providing the full suite of investment management services to CGF covering the entire investment process pursuant to an Investment Management Agreement (IMA).
ABOUT THE TEAM
The Canada Growth Fund Investment Management Team manages the C$15bn Canada Growth Fund. The mandate of the Canada Growth Fund focuses on climate investing in Canada. The objectives of the mandate include accelerating the deployment of new technologies that will drive GHG emissions reduction as well as local economic benefits while also catalyzing additional private investment to the sector. We invest in Canadian projects and companies across themes such as carbon capture hydrogen renewable natural gas electrification clean technology and critical minerals.
ABOUT YOUR ROLE
As an Intern Canada Growth Fund youll work closely with the teams analysts and associates in conducting the following tasks:
Assist deal teams on the execution of transactions including direct investments in projects and companies as well as external fund commitments
Conduct qualitative and quantitative analysis of investment opportunities
Assess key merits and risks
Conduct sector and thematic research
Perform financial (valuation returns modelling) and impact analysis
Assist in key due diligence activities including reviewing work performed by third-party advisors (commercial legal accounting tax environmental etc.)
Assist deal teams in the determination of material ESG factors and calculation of impact metrics including avoided emissions and economic benefits associated with transactions
Help prepare investment memorandums and participate in the presentation of recommendations to the Investment Committee
Participate in the management of existing portfolio companies and assets
WHAT YOULL NEED
Currently enrolled in a Bachelor of Commerce Economics Mathematics or Engineering degree (in penultimate or final academic year)
Currently enrolled in an investment program an asset
High academic achievement
Business acumen and excellent financial/accounting analytical skills
High level of proficiency with computer tools such as MS-Office (namely Excel and PowerPoint)
A team player who enjoys a high-performance culture
Strong interpersonal skills and an ability to communicate effectively (written and oral)
Positive proactive attitude with a strong desire to learn ideate and innovate
A respect for differences of opinion and an inclusive mindset
Must return to studies after the internship or the internship must be part of your curriculum
Good communications skills in English and French (or willingness to learn). (Regular interactions in English with investment partners based outside of Quebec Example: peers bankers brokerage firms etc. and PSP employees in our offices in Hong Kong London and New York and interactions in French with employees in our local offices in Montreal and Ottawa.)
Candidates must have the right to work in Canada* for the period specified to be considered for this support to obtain the right to work will be provided
*Options include Canadian citizenship permanent residency or a valid open work permit.
At PSP Investments we aim to provide a workplace 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.
To apply please upload your resume cover letter and most recent unofficial transcript.
Deadline to apply:
#LI-MB1Required Experience:
Intern
About Company
We're the next generation of pension fund managers. Discover how we spot opportunities on the edge and act with agility to execute complex investment.