Senior Associate, Hedge Fund Manager Research

Make an impact at a global and dynamic investment organization

When you join CPP Investments, you are joining one of the world’s most admired and respected institutional investors. As a professional investment management organization, CPP Investments invests the funds of the Canada Pension Plan (CPP) to help ensure its financial sustainability for generations of working and retired Canadians.

CPP Investments invests across regions and asset classes to build a globally diversified portfolio. It holds assets in public equity, private equity, real estate, infrastructure, and fixed income, and the CPP Fund is projected to reach $3.6 trillion in assets by 2050. The organization is headquartered in Toronto with offices in Hong Kong, London, Mumbai, New York City, São Paulo, and Sydney.

CPP Investments successfully attracts, selects, and retains talented individuals from top-tier institutions worldwide. Join our team for access to:

• Stimulating work in a fast-paced and intellectually challenging environment
• Accelerated exposure and responsibility
• Global career development opportunities
• Diverse and inspiring colleagues and approachable leaders
• A hybrid-flexible work environment with an emphasis on in-person collaboration
• A culture rooted in principles of integrity, partnership, and high performance
• An organization with an important social purpose that positively impacts lives

If you have a passion for performance, value a collegial and collaborative culture, and approach work with the highest integrity, invest your career here.

The Capital Markets and Factor Investing Department (“CMF”) invests assets globally in public equities, fixed income securities, currencies, commodities, and derivatives, and manages the engagement of investment managers and co-investments in public market securities. We are currently recruiting for a Senior Associate within the External Portfolio Management (“EPM”) team. The role is based in Toronto.

EPM is a group within CMF responsible for allocating capital to external managers in public markets across all trading styles, asset classes, and geographies. EPM oversees a portfolio of externally managed funds and separate accounts and has relationships with over 60 of the world’s top hedge fund managers. EPM forms long term partnerships, irrespective of whether the underlying fund strategy is short- or long-term in nature.

The group also makes co-investments alongside external managers.

Reporting to the Managing Director, the Senior Associate will play a critical role in researching, monitoring, and managing EPM’s hedge fund partnerships within Fundamental Strategies (Equities and Credit). The Senior Associate will also support EPM’s co-investment activities by leading investment due diligence and ongoing monitoring of the existing portfolio. The Senior Associate will be responsible for preparing investment recommendation materials for new opportunities and proactively tracking developments within the portfolio, ensuring the team is informed of major changes and emerging trends.

As part of the broader EPM team, the role will also contribute to assessing and monitoring the hedge fund manager landscape, including reviewing investment proposals across a wide range of strategies and styles.

• Lead monitoring and management of the existing hedge fund and co-investment portfolio within Fundamental Strategies
• Partner with Portfolio Managers and Managing Directors to support the day-to-day monitoring of existing investments, including leading regular update calls, preparing portfolio review materials, and tracking relevant market developments.
• Maintain and enhance tracking tools and processes to ensure robust, efficient, and accurate portfolio monitoring, capturing relevant data and safeguarding data integrity.
• Collaborate with Portfolio Managers and EPM’s Portfolio Construction & Risk colleagues to proactively communicate real-time updates on performance, exposures, and risk metrics to stakeholders.
• Analyze new investment opportunities and support the preparation of investment recommendations
• Maintain a structured peer group monitoring process to ensure a deep…