Overview
Principal, HOOPP Capital Partners Jobs in Toronto, Ontario at HOOPP (Healthcare of Ontario Pension Plan)
Title: Principal, HOOPP Capital Partners
Company: HOOPP (Healthcare of Ontario Pension Plan)
Location: Toronto, Ontario
Why you’ll love working here:
high-performance, people-focused culture
our commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selves
learning and development initiatives, including workshops, Speaker Series events and access to LinkedIn Learning, that support employees’ career growth
membership in HOOPP’s world class defined benefit pension plan, which can serve as an important part of your retirement security
competitive, 100% company-paid extended health and dental benefits for permanent employees, including coverage supporting our team’s diversity and mental health (e.g., gender affirmation, fertility and drug treatment, psychological support benefits of $2,500 per year, and newly extended maternity/parental leave top of 26 weeks)
optional post-retirement health and dental benefits subsidized at 50%
yoga classes, meditation workshops, nutritional consultations, and wellness seminars
access to an annual wellness reimbursement program for health and wellness-related expenses for permanent and temporary employees
the opportunity to make a difference and help take care of those who care for us, by providing a financially secure retirement for Ontario healthcare workers
HOOPP Capital Partners (“HCP”)
Representing approximately 15% of HOOPP’s overall plan value, HCP manages a global portfolio of private equity and private credit investments that is expected to double in size in line with the Plan’s growth over the next 10 years. Approximately two-thirds of HCP’s capital is currently invested in a global portfolio of high-quality private equity and private credit funds, and HCP will continue to grow its exposure to both co-investments and direct investments in the coming years.
HCP’s ability to invest in funds, co-investments and direct investments, as well as its ability to invest across industries and in different parts of the capital structure, allow HCP to dynamically pursue the most attractive risk-adjusted returns.
Led by strong historical returns, the HCP portfolio has more than doubled over the last five years and consequently played a significant role in generating value-add for HOOPP. HCP will continue to play a crucial role in the delivery of stable and reliable returns for Ontario’s healthcare workers who rely on HOOPP’s pension promise.
Job Summary
HOOPP is seeking to add a Principal to HCP to focus on private funds and co-investments. In this role, the Principal will be responsible for originating, executing and managing fund commitments and passive co-investments alongside top fund managers. The Principal will play an integral role in implementing and evolving HCP’s strategy to maintain a high performing funds portfolio that will generate outsized returns and drive co-investment deal flow and insights for the rest of the organization. The Principal will also work on select initiatives with teams across the Investment Management division, in addition to HOOPP’s legal, tax, risk and ESG professionals.
As HCP runs lean deal teams, the Principal will be expected to execute all aspects of the investment process, including evaluating investment opportunities, conducting due diligence, negotiating legal terms, presenting at the investment committee, and representing HOOPP on LP Advisory Committees.
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