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Director, Co-Investments - TCC - 25927

Location: MONTREAL, QC, Canada
Posting Start Date: May 10, 2021
Posting End Date: Jun 11, 2021

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Job Description

Description

Trans-Canada Capital (TCC) is an innovative asset management firm specializing in non-traditional investment strategies for institutional investors. Since 2009, the team has successfully managed the pension assets of Air Canada, one of the largest corporate pension plans in the country. Over the years, we have earned an enviable reputation by generating superior returns through sophisticated strategies focusing on alpha generation in a rigorous risk-controlled framework. With more than $30 billion in assets under management, over 75 investment professionals based in Montreal, and a complete range of innovative solutions, TCC is well positioned to meet the needs of institutional investors seeking consistent returns.
 
The position is based in downtown Montreal
 
Reporting to the Senior Director, Hedge Funds & Alternative Investments, the incumbent will contribute to manage the portfolio of co-investments across a wide variety of alternative asset classes (Private Equity, Private Debt, Real Estate & Infrastructure), source and monitor deal transactions, and provide consistent and top-quality analysis in order to assist in the strategic decisions pertaining to the portfolio.
 
Role and responsibilities
  • Play a leading role in co-investment transactions including managing the underwriting, evaluation, due diligence, negotiations, legal and tax structuring, as well as investment processes
  • Contribute to other TCC Funds including co-investments in hedge funds
  • Source, analyze and recommend potential co-investment opportunities with GPs
  • Develop financial models related to company/asset valuations, risk assessment, sensitivity analysis, industry/market analysis and acquisition transactions
  • Create concise and comprehensive summary reports on a quarterly basis and prepare investment recommendation memorandums for potential co-investments to TCC investment committees
  • Conduct market and industry research to strengthen sourcing network and to develop industry theses to generate investment ideas for co-investments  
  • Manage and maintain close relationships with internal and external stakeholders, including TCC legal/operations/asset allocation teams, external managers, consultants, lawyers, and investment peers
  • Monitor on a continuous basis the evolution of individual assets in the co-investment portfolio
  • Contribute to strategic and long-term asset allocation within the portfolio and across TCC’s Funds
  • Participate in the preparation of performance reports of co-investment transactions to clients  
  • Track and maintain proprietary database of approved/passed co-investments across asset classes and precedent transactions
  • Perform other duties and ad hoc projects as assigned or required and act as a resource person for team members as necessary

Qualifications

Education
  • University graduate degree in finance, actuarial science, mathematics or other related field. Master degree is an asset.
  • Additional qualifications such as CFA, CAIA & CBV designations is an asset
Knowledge, skills, and Competencies
  • A minimum of 10 years of relevant experience with demonstrated track record of leading transactions, managing a portfolio of co-investments and generating strong performance 
  • Experience in direct private equity or a similar field in an alternative institutional environment. Investment banking experience is an asset
  • Proven ability to retain a strong and well-established network 
  • Excellent written and verbal communication skills 
  • Strong organizational and relationship management skills (efficient, high quality, well structured work)
  • Ability to build a network of contacts to support the portfolio activities
  • Demonstrated capacity to meet tight deadlines and adapt to highly variable workloads is important as co-investment transactions often move quickly when they arise
  • Ability to make informed decisions effectively, with sense of ownership and commitment   
  • Strong analytical and financial modeling skills including the processing of large quantity of data, and at preparing reports summarizing pertinent information
  • Fast learner, team player, with the ability to work well independently
  • Fully bilingual (French/English)
  • Excellent knowledge of Microsoft Office tools (Excel, Word and PowerPoint)
  • Free to travel from time to time
 
Linguistic Requirements

Bilingual (English and French)

Diversity and Inclusion
 
Air Canada is strongly committed to Diversity and Inclusion and aims to create a healthy, accessible and rewarding work environment which highlights employees’ unique contributions to our company’s success.
 
As an equal opportunity employer, we welcome applications from all to help us build a diverse workforce which reflects the diversity of our customers, and communities, in which we live and serve.

Air Canada thanks all candidates for their interest; however only those selected to continue in the process will be contacted.
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