Intern, Commercial​/Residential Asset Management; Winter

Fengate Asset Management is a leading alternative investment manager focused on infrastructure, private equity, and real estate strategies. Founded in 1974 in Hamilton, Ontario, and with over 250 team members across Canada and the U.S., Fengate is one of the most active real asset and growth equity investors in North America. The firm currently manages over C $10 billion in capital commitments in support of more than C $40 billion in gross asset value, on behalf of over 60 institutional investors across North America, Europe, and Asia.

The firm believes that acting responsibly to its stakeholders and communities is fundamental. Fengate is a signatory of both the Institutional Limited Partners Association (ILPA) Diversity in Action initiative and the United Nations-supported Principles for Responsible Investment, integrating environmental, social and governance (ESG) principles into all stages of the firm’s investment process. In 2021, Fengate established its ESG Committee and its EBID (Equity, Belonging, Inclusion and Diversity) Think Tank, consisting of leaders and employees of all backgrounds and levels throughout the firm, to advance and govern the ESG and EBID objectives.

Fengate has achieved Platinum Club member status as one of Canada’s Best Managed Companies, retaining this designation since 2007, and has been certified as a Great Place to Work®. Over the past year, Fengate was named one of Canada’s Best Workplaces™ (#4 for companies with 100-999 employees) and as a Best Workplace™ for Financial Services & Insurance, Inclusion, Women, Today’s Youth, Mental Wellness, Giving Back, and Most Trusted Executive Teams.

The firm has also been recognized with Waterstone Human Capital’s 2022 Most Admired Corporate Cultures™ award. This program recognizes best-in-class organizations for having cultures that have helped them enhance performance and sustain a competitive advantage. Only 50 organizations are awarded this prestigious corporate culture award each year.

The Intern, Commercial/Residential Asset Management will work in a highly collaborative team environment and will have responsibilities in the core areas of reporting, analysis, and research. The primary focus will be supporting the performance of Fengate’s growing multi-residential portfolio.

Analysis support for internal and external stakeholders, including asset and portfolio performance analysis, financial analysis, market analysis and overviews, and the forming of recommendations. Provide support during due diligence processes with respect to assets for sale, as well as existing and potential development projects. Liaise with the cross-functional teams to maintain operations and financial models for purposes such as setting budgets, analyzing of lease velocity and evaluating value-add initiatives and their impact on returns and overall asset value.

Create/analyze operational and financial reports by reviewing and analyzing variance on operational results, collections/arrears reports, capital expenditures, utility consumption, value add initiatives, valuations, business plans, and market reports.

Assist with monthly and other periodic reporting of financial/operational metrics and presentations for both internal management and investor clients. Assist with other team reporting objectives including the review of semi-annual reforecasts and annual budgets, client pitches and presentations. Prepare, review, and analyze property and portfolio returns for periodic reporting purposes as well as ad hoc analysis. Assist with environmental, social and governance (ESG) programs and reporting.

Create standardized slide decks and presentations that generate high-impact…