Company Description
Make an impact at a global and dynamic investment organization
When you invest your career in CPP Investments, you join one of the most respected and fastest growing institutional investors in the world. With current assets under management valued in excess of $600 billion, CPP Investments is a professional investment management organization that globally invests the funds of the Canada Pension Plan (CPP) to help ensure long-term sustainability. The CPP Fund is projected to reach $ trillion by 2050. CPP Investments invests in all major asset classes, including public equity, private equity, real estate, infrastructure and fixed-income instruments, and is headquartered in Toronto with offices in Hong Kong, London, Mumbai, New York City, São Paulo and Sydney.
CPP Investments attracts and selects high-calibre individuals from top-tier institutions around the globe. Join our team and look forward to :
- Diverse and inspiring colleagues and approachable leaders
- Stimulating work in a fast-paced, intellectually challenging environment
- Accelerated exposure and responsibility
- Global career development opportunities
- Being motivated every day by CPP Investments’ important social purpose and unshakable principles
- A flexible / hybrid work environment combining in office collaboration and remote working
- A deeply rooted culture of Integrity, Partnership and High Performance
If you share a passion for performance, value a collegial and collaborative culture, and approach everything with the highest integrity, here’s an opportunity for you to invest your career at CPP Investments.
Job Description
Credit Investments makes direct investments in investment grade and sub-investment grade corporate, structured and real estate debt through a variety of instruments including high yield bonds, convertible bonds, leveraged loans, mezzanine debt & distressed debt. The group is focused on event driven opportunities such as acquisitions, re-financings, recapitalizations, restructurings and stressed situations. The group typically looks to invest in single names where they can deploy $50 - $1000m. At March 31, 2025, CPPIB’s Credit Investments department had a portfolio that totaled C$81 billion with a variety of investments across North America, Europe, Latin America and Asia Pacific. We expect the portfolio to grow significantly over the next five years, especially in the Asia Pacific region.
Role Summary
We are recruiting for an Associate or Senior Associate for Credit Investments, APAC Credit with a focus on evaluating sub-investment grade credit investment opportunities, conducting research, developing investment recommendations, participating in the execution of investments, and monitoring investments. The Associate or Senior Associate will play a key role in making and managing both public and private credit investments in the Asia Pacific Region, and will have significant exposure to the leaders of the Credit Investments team.
Role-Specific Accountabilities
Analyze Investment Opportunities :
Review
Research, analyze and evaluate a variety of industries, companies and securities and assist in the overall evaluation process; conduct credit analysis of companies including loan-to-value analysis, preparation of relevant credit metrics including precedent transactions and comparable company analysisBuild dynamic financial models to analyze investment opportunities (including testing assumptions and sensitivities)Perform due diligence on companies including past and projected investment performance, quality of management teams, investment merits and risks, expected returns, regulatory environment, industry dynamics and other relevant factorsReview 3rd party due diligence reports (legal, accounting, industry strategic reviews, environmental, etc.)Perform valuation analysis of companies and securities, including DCF, precedent transactions and comparable company analysisMeet with company management teams and review past performance, strategy, outlook, industry issues, and other relevant topics as requiredApply “Total Portfolio Approach” as it applies to investmentsRecommend
Under the supervision of the APAC Credit leadership team, make credit investment recommendations outlining potential investment opportunitiesAssist in presenting investment recommendations to the Credit Investment CommitteeExecute Credit Investments
Liaise with investment partners (private equity funds, co-investors, investment banks, credit funds, and corporates) and advisors (financial, legal, etc.)Assist in negotiating and executing agreements and other transaction-related legal documentationManage discreet aspects of the execution of credit investments as directedMonitor Credit Investments
Review funding and distributions related to credit investmentsMonitor ongoing financial performance of portfolio companiesAssist in performing valuation reviews for portfolio companiesOn-site company visits to conduct due diligenceAssist in building and leveraging relationships with investment banks, corporations and private equity fundsAttend industry and sector conferencesBuild the Team
Participate in and contribute to weekly departmental meetings and investment recommendation meetingsAssist in the training and development of colleaguesAssist in recruiting activities including liaising with universities, networking, sourcing candidates and interviewing prospective hires, as requiredOther relevant duties and projects as assignedQualifications
3 to 9 years of experience in investment banking, leveraged finance, credit investing, real estate investing or experience in consultancy / advisory – position will be commensurate based on experiencePatient approach to investing with the ability to decline investments that do not fit our process quicklyLanguage capability : Excellent verbal and written communication skills in EnglishExposure to Asian credit markets is preferredStrong research, financial modeling, analytical and valuation skillsExperience in conducting due diligence desirableUndergraduate degree or equivalent experience, preferably in finance, commerce, or business administrationCFA, CBV or CA designation is considered an assetFlexibility, adaptability, initiative and sound judgementAbility to meet deadlines and work well under pressureTeam player who enjoys a high-performance cultureWillingness to travelConsistent demonstration of our guiding principles of integrity, partnership and high performance