Principal, Private Markets Group

** Principal, Private Markets Group
**** Department:
** Investments
* * Type:
** Permanent
*
* Location:

** Toronto (Hybrid)
** Posting Date:
** January 5, 2026

At OPTrust,
*** paying pensions today, preserving pensions for tomorrow
*** is our mission and business.

When you choose OPTrust, you join a team of smart, talented people who fuel our success and have a passion for pensions. Everyone at OPTrust – in Toronto, London and Sydney – makes a meaningful impact. Our culture is driven by team members with different backgrounds and perspectives creating an inclusive and fulfilling place to work for everyone. We work in a fast-paced environment, but we find time to have fun and give back to the community.
** What OPTrust offers you
*** Unique culture rooted in our core values – collaboration and teamwork, integrity, respect, flexibility, excellence and continuous improvement.
* Membership in our world-class defined benefit pension plan
* Comprehensive benefits focused on your health and wellness, including dental, vision and extended health benefits, as well as opportunities for parental and adoption leaves.
* Flexible, hybrid work model.
* Competitive vacation package with additional work-life balance days.
* Extensive professional development opportunities and learning initiatives including access to Linked In Learning, guest speakers, tuition reimbursement, professional association memberships, leadership development programs, a mentorship program, monthly professional development time and more.
* Dedicated inclusion, diversity and equity strategy with meaningful opportunities to participate, including our employee-led resource groups.
** About OPTrust Private Markets Group
** With net assets of over $25 billion, OPTrust invests and manages one of Canada’s largest pension funds and administers the OPSEU Pension Plan (including OPTrust Select), a defined benefit plan with over 111,000 members.

OPTrust Private Markets Group (“PMG”) is a dedicated business unit within the Investment Division of OPTrust, responsible for managing the global Private Equity and Infrastructure portfolios with a long-term target allocation of approximately 30% of total pension assets split evenly between the two asset classes. Today, PMG manages an investment portfolio with approximately $10B of NAV with significant diversification across investments, transaction types, sectors and geographies.

PMG’s core tenets are middle-market focused, partnership oriented, highly flexible/creative investment approach, with an emphasis on downside protection. PMG has a global investment mandate with experienced investment professionals based in Toronto, London, and Sydney. The PMG is part of OPTrust’s illiquid (private) assets investment team, which also includes the real estate group.
* Differentiated private markets team with a strong investment track record.
* Unique opportunity to work across both the private equity and infrastructure asset classes, invest across the entire risk-return spectrum and gain experience across a diverse set of transaction types/structures.
* Opportunity for an immediate impact with significant runway for professional growth.
* Flexible investment mandate with substantial group autonomy and authority.
* Team-oriented environment with significant tenure across senior ranks.
* Opportunity to collaborate, liaise, and leverage best practices with other private markets investment professionals within OPTrust, including colleagues focused on real estate, sustainability and incubation investments.
** About the Role
** OPTrust is seeking a Principal candidate to be based in the Toronto Office. This Principal will have a key role in the Private Markets Group team supporting both Private Equity and Infrastructure investment strategies. Reporting to the Senior Managing Director and Head of North America in PMG, the Principal will provide high quality analysis, research and investment opinions pertaining to new investment opportunities and existing portfolio investments managed out of the Toronto office (focused on North America), as well as providing support and collaborating more broadly with PMG, including the teams in the London and…