Position: Intern Growth Fund Investments (May – August 2024)
EXPERIENCE THE EDGE At PSP, we encourage our employees to grow, forge powerful relationships, contribute and fuel inspired investment launchpads. We are committed to a culture that fosters collaboration and allows us to think beyond, in an interconnected way. We advocate for our employees to speak-up, learn, experiment, share, and be part of an where diversity is embraced.
ABOUT THE TEAMThe Canada Growth Fund Investment Management Team is a new team that is being created to manage the C $15bn Canada Growth Fund. The mandate of the Canada Growth Fund will focus 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 will be investing in Canadian projects and companies across themes such as carbon capture, hydrogen renewable natural gas, electrification, clean technology and critical minerals.
ABOUT YOUR ROLEAs an Intern, Canada Growth Fund Investments, you’ll work closely with the team’s 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
Assist the team with other key activities including impact measurement and reporting as well as stakeholder relations
WHAT YOU’LL NEEDCurrently 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