Intern, Investments – Private Markets – Summer 2027 (May-August)

ABOUT US

Were one of Canadas largest pension investors with CAD$320.6 billion of net assets as of March 31 2026.

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 Investments youll join a team of motivated and engaged professionals dedicated to propelling our organization further than ever before.

ABOUT THIS OPPORTUNITY

Thisunifiedinternshippostingallowsyoutoapplyoncewhileindicatingyourpreferencefor one offourinvestmentteams:InfrastructureNaturalResourcesPrivateEquityRealEstate or Credit Investments. Youwillbeintegratedintoyourpreferredteam(basedon fit and businessneeds) andactivelyparticipateinanalyzingexecuting andmanaginginvestmentsinprivateassetsglobally.

YOUR ROLE

Dependingon theinvestmentteamyoujoinyourresponsibilitiesmayinclude:

Infrastructure Investments

• Conductpreliminaryanalysisofinvestmentopportunitiesandassessinvestmentthesesincludingkeymeritsandrisks

• Builddetailedfinancialmodels(DCF valuation)determineandsubstantiatekey valuationassumptionsconductsensitivityanalyses

• Researchrelevant public information on comparablecompaniesandprecedenttransactions

• Participatein key due diligenceactivitiesandcoordinateworkperformedbythird-partyadvisors

• Prepareinvestmentmemorandumsandpresentrecommendationsto the Infrastructure InvestmentCommittee

NaturalResourcesInvestments

• Supportinvestmentteammembersinanalyzingpotentialprivateequitytransactions in agriculturetimber and animalproteinassets

• Participatein active management of the NaturalResourcesgroupscurrentinvestmentportfolio

• Support due diligenceprocessesfor newinvestmentopportunities

• Developandvalidatefinancialmodelsrelatedtoinvestments

• Conductindustryresearchon newinvestmentopportunitiesinforestryand agriculturesectors

• Assistin draftinginvestmentrecommendationsandstrategicpresentations

PrivateEquity

• Assistdealteamsonexecutionof transactionsincludingco-investmentsincompaniesandexternalfundcommitments

• Participateinrelationshipand portfolio managementexercisessupportingcoverageteamswithholisticasset managementactivities

• Performinvestmentdue diligenceincludingindustryandcompany-specificresearchusingprimaryandsecondarysources

• Assistin thepreparationofinvestmentcommitteematerials

• Performfinancial valuation andreturnsanalysison newopportunities

RealEstateInvestments

• Supportanalystsin active management ofPSPsrealestateportfolioacrosstheAmericas

• Analyzepotentialrealestatetransactions (financialmodelingeconomicfeasibility)acrossvariousasset classes and structures (residential officeindustrialretailjoint venturesfunds)

• Participatein due diligenceprocessesfor realestateacquisitions and dispositions

• Contributeto asset managementdecisionsrelatedtofinancinghedgingcontracts leasing capitalexpenditures andredevelopments

• Researchsynthesize andanalyzedata onvariousrealestatemarkets

• Collectinformation and update the realestateinvestmentteamsdatabase

Credit Investments

• Provide support to the investment teams during all phases of the credit investments process.

• Assist with investment screening (preparation and presentation) financial modelling and accounting analysis industry and sector analysis (qualitative and quantitative) transaction due diligence

• Be given the opportunity to participate in the investment decision process assist in drafting and / or reviewing legal documentation prepare investment recommendation memos and contribute to post-investment portfolio monitoring

• Complete an end of internship project consisting of an investment recommendation memo that will be presented to our teams investment committee

WHAT YOULL NEED

Education

• Currently enrolled in aBachelor of Commerce(Finance Accounting)Mastersin financeor accountingMBA or degrees inEconomics Engineering Mathematicswith strong academic standing

• Highacademicachievementrequired

TechnicalSkills

• Excellentfinancialandanalyticalskills

• Highproficiencyin Excelandfinancialmodeling

ProfessionalAttributes

• Maturedrivenmotivatedwithabilitytotakeinitiative

• Responsible diligent and able toworkindependentlyor as part of ateam

• Strong communicationandpresentationskills(writtenand verbal)

• Good attention todetailandrigorousapproachtoresearchanalysis and documentation

• Eagernesstolearnideate andinnovate

LanguageRequirements

• Good communicationskills inFrenchandEnglish(orwillingness to learn)

• Other languages are considered an asset (Spanish Portuguese...).

• Regular interactions in EnglishwithinvestmentpartnersbasedoutsideofQuebec(peersbankersbrokeragefirms PSPemployeesin Hong Kong London and New York offices) and interactions in FrenchwithemployeesinMontrealand Ottawa offices

Eligibility

• Must return tostudiesaftertheinternshiportheinternshipmustbepart ofyourcurriculum

• Candidates must have theright toworkin Canada* for theperiodspecified

*OptionsincludeCanadiancitizenship permanentresidency or avalidopenworkpermit

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:

Visit us on us on LinkedIn

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Required Experience:

Intern

Employment Type : Full-Time
Experience: years
Vacancy: 1