Summer 2027
Total Fund Risk Intern
Months
Updated on 9/7/2026
Ontario Teachers' Pension Plan
1,001-5,000 employees
Global investor managing teachers' retirement assets
Compensation Overview
CA$30 - CA$33/hr
Toronto, ON, Canada
In Person
Bachelor's, Master's
 Quantitative Finance (1) |
|---|
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- Be enrolled in a bachelor’s or master’s level quantitative field such as Computer Science, Mathematics, Statistics, or Engineering.
- Have strong conceptual and analytical thinking skills.
- Demonstrate quantitative and qualitative problem-solving abilities.
- Have experience with software development using Python and/or C# programming skills.
- Have working knowledge of Excel, PL/SQL, Power BI, Visual Studio, Julia, and Git.
- Be able to work independently and perform effectively in a team-oriented environment.
- Have oral and written communication skills.
- Be self-motivated, flexible, and adaptable.
- Return to studies after the work term is completed.
- Be legally entitled to work in Canada.
- Maintain and enhance existing analytical capabilities and develop new capabilities covering enterprise risk systems and in-house business tools.
- Implement and cater to on-demand requests from the Risk Division and various investment departments across the Fund.
- Research initiatives and conduct analyses supporting risk modeling and monitoring processes for the enterprise risk system.
- Explore the latest artificial intelligence technologies and their applications to investment risk opportunities.
- Work cross-functionally with team members and departments to design, develop, and enhance analytics tools for investment decision-making.
- Knowledge of financial markets and quantitative risk.
- Working knowledge of the latest artificial intelligence technologies.
Ontario Teachers’ Pension Plan (OTPP) is a global investment manager with about $241.6 billion in assets under management, aiming to grow to $300 billion by 2030. It invests across sectors—from agriculture to artificial intelligence—to provide retirement security for 333,000 Ontario teachers. Beyond seeking financial returns, OTPP works to improve the sustainability and profitability of its portfolio companies and to generate a positive impact on the communities it serves and the world at large. The firm pursues opportunities worldwide and integrates environmental, social, and governance considerations into its investment decisions to balance long-term returns with responsible stewardship.
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
$51.7B
Headquarters
Toronto, Canada
Founded
1989
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Simplify's Take
What believers are saying
- August 10, 2026, Ontario Teachers posted 9.5% first-half net return and $303.2 billion assets.
- Venture growth, public equities, and inflation-sensitive assets drove the strongest 2026 contribution.
- Cathy Cranston becomes Board Chair January 1, 2027, adding treasury and capital-markets discipline.
What critics are saying
- The FTX class action settled in 2026, exposing due-diligence scrutiny around founder-managed deals.
- 2025 private-equity losses triggered a strategy overhaul, signaling concentration risk and weaker historical underwriting.
- CLO equity is first-loss capital; a 2026 default spike would hit Margay returns immediately.
What makes Ontario Teachers' Pension Plan unique
- July 2026, Ontario Teachers and M&G launched a €200 million CLO platform joint venture.
- It combines Toronto-scale capital, in-house credit research, and direct platform economics participation.
- Ontario Teachers is a fully funded 13-year surplus plan with co-sponsor governance from Ontario and OTF.
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Benefits
Professional Development Budget
Employee Discounts
Company News
French digital health insurer Alan has raised €480 million in a Series G funding round led by Prosus, reaching a valuation of €5.5 billion. Index Ventures, Teachers' Venture Growth, and new investor Dara Holdings also participated. The company has surpassed €800 million in annual recurring revenue, growing 53% year-over-year, and is profitable in France. Alan currently serves 1.1 million members and 37,000 businesses across France, Spain, Belgium, and Canada. The funding will support international expansion, acquisitions, and continued investment in AI-powered healthcare services. Prosus described the round as "shaping the future of AI-powered healthcare".
Top funding rounds week of August 10th. Databricks led a record-breaking week with a $5B raise. Fundable analyze the surge in physical AI, robotics, and energy infrastructure investments. Published August 17, 2026 by Jacob Klionsky * 01 Databricks Artificial Intelligence (AI) - Data and Analytics - California $5BEquity Databricks, a Data and AI company, raised $5 billion in a strategic funding round at a $190 billion valuation led by Coatue with participation from Blackstone, MGX, accounts advised by T. Rowe Price Associates and T. Rowe Price Investment Management, and new investor Sixth Street Growth, alongside BOND, Clearlake Capital, Point72, Premji Invest, TPG and existing investors including Andreessen Horowitz, Dragoneer, Fidelity, Franklin Templeton, GIC, Goldman Sachs Growth Equity, Insight Partners, J.P. Morgan Private Capital, Kinetic, Morgan Stanley Investment Management, NEA, Ontario Teachers' Pension Plan, Temasek, Thrive Capital, and WCM Investment Management * 02 Thrive Holdings Artificial Intelligence (AI) - Data and Analytics - New York $2BEquity Thrive Holdings, an AI-powered business roll-up acquiring service businesses, raised $2 billion in new funding at a $12 billion valuation in a round led by SoftBank, D1 Capital Partners and Altimeter Capital. * 03 Physical Intelligence Artificial Intelligence (AI) - Data and Analytics - California $1.6BEquity Physical Intelligence, a robotics 'robot brain' startup, raised roughly $1.6B across two rounds at an $11.2B valuation with Founders Fund and Lightspeed joining and participation from Jeff Bezos and OpenAI. * 04 River AI Artificial Intelligence (AI) - Data and Analytics - California $1.1BSeries A River AI, an AI startup, raised $1.1 billion in a seed/Series A round led by General Catalyst and AMP PBC with participation from Nvidia, AMD Ventures, Y Combinator, and Temasek * 05 H&MV Engineering Consumer Electronics - Energy - Limerick $866.2MEquity H&MV Engineering, a Limerick-based provider of specialist high-voltage engineering and critical power infrastructure services, raised approximately €750M in a continuation vehicle transaction at a €1.4 billion valuation led by Exponent with participation from Apollo S3, Pantheon, and SQ Capital. * 06 Form Energy Energy - Sustainability - Massachusetts $750MSeries G Form Energy, a long-duration battery startup, raised $750M in a Series G led by T. Rowe Price with participation from Sequoia Capital, Janus Henderson, Franklin Templeton, PEAK6 Investments, Prelude Ventures, Engine Ventures, TPG Rise Climate, Capricorn's Technology Impact Funds, Breakthrough Energy Ventures, Dustin Moskovitz and Cari Tuna, Gigascale Capital, Coatue, Energy Impact Partners, NGP, GE Vernova, Blindspot Ventures, and M&G Catalyst Fund * 07 Lovable Artificial Intelligence (AI) - Data and Analytics - Stockholms Lan $400MSeries C Lovable, a Swedish vibe-coding startup that enables non-coders to build software, raised $400M in a Series C at a $13.3B valuation co-led by Menlo Ventures and the Scaleup Europe Fund (managed by EQT) with participation from Balderton Capital, Carmignac, Kaszek Ventures, LTS Growth, Tencent, World Innovation Lab, Regent and returning investors including Accel and others. * 08 Doral Renewables Energy - Natural Resources - Pennsylvania $400MEquity Doral Renewables, a Philadelphia-based renewable energy developer, secured a $400 million common equity investment from Doral Group Renewable Energy Resources Ltd. * 09 Cambridge Aerospace Hardware - Manufacturing - Cambridgeshire $300MSeries C Cambridge Aerospace, a UK-based air defence company, raised €259.7 million Series C at a €2.94 billion valuation led by DFJ Growth with participation from Lux, Accel, Lakestar, Never Lift, Ora Global and Elad Gil & Co. * 10 Neros Technologies Consumer Electronics - Consumer Goods - California $250MSeries C Neros Technologies, a domestic drone manufacturer, raised $250M Series C at a $2.5B post-money valuation co-led by Sequoia Capital and American Strategic Technology Fund (ASTF) with participation by Interlagos, Valor Equity Partners, Allen & Company, Thiel Capital, Spark Capital, and Dylan Field. * 11 Sonablate Health Care - North Carolina $200MEquity Sonablate, an AI-powered precision medicine and therapeutic ultrasound company, raised $200M in funding with backers including Eleven Ventures. * 12 Inox Clean Energy Energy - Manufacturing - Uttar Pradesh $157.2MEquity Inox Clean Energy, an integrated renewable energy platform of the INOXGFL Group, received a ₹15 billion commitment from Motilal Oswal Group, including ₹10 billion already invested through compulsorily convertible debentures. * 13 Vaderis Therapeutics Biotechnology - Science and Engineering - Basel-Stadt $152MSeries B Vaderis Therapeutics, a Swiss clinical-stage biotechnology company, raised USD 152 million in a Series B co-led by Life Sciences at Goldman Sachs Alternatives and TCGX with participation from EQT Life Sciences, Omega Funds, Perceptive Advisors, Kalehua Capital, Medicxi and Droia. * 14 Periodic Labs Artificial Intelligence (AI) - Data and Analytics - California $150MEquity Periodic Labs, an AI company building systems paired with robotic laboratories, raised $150 million from Andreessen Horowitz, Accel, Jeff Bezos and Eric Schmidt. * 15 CodeRabbit Artificial Intelligence (AI) - Data and Analytics - California $143MSeries C CodeRabbit, an AI-enabled code-review startup, raised $143M in a Series C led by Atomico and Smash Capital with participation from BMW i Ventures, Datadog, Hirtle Callaghan, SineWave Ventures, CRV, Scale Venture Partners, Flex Capital, Pelion Venture Partners and angel investors including senior executives from Apple and Amazon. * 16 Erco Energía Energy - Natural Resources - Antioquia $129MSeries C Erco Energía, a Colombian solar energy platform, raised $129 million in a Series C led by Axon Partners Group through Next Utility Ventures with participation from Augment Infrastructure and Norfund * 17 RoboStrategy Financial Services - Hardware - NA - Puerto Rico $122.9MEquity RoboStrategy, an investor focused on physical AI, raised $122.9 million via share issuances. * 18 Bridge to Life Biotechnology - Science and Engineering - Illinois $110MSeries C Bridge to Life, organ preservation and perfusion technology company, raised $110 million in a Series C equity financing plus debt financing led by Soleus Capital with participation from Lauxera Capital Partners, company directors, officers and employees, and debt provided by Soleus Capital Credit Opportunities Fund. * 19 Aureka Biotechnologies Biotechnology - Health Care - California $100MSeries B Aureka Biotechnologies, an AI-native TechBio company, raised US$100 million in a Series B with Granite Asia funding the first tranche exclusively and a prominent strategic investor leading a subsequent tranche, with participation from HighLight Capital and follow-on investments from MPCi and NRL Capital * 20 Emerald AI Artificial Intelligence (AI) - Data and Analytics - District of Columbia $90MEquity Emerald AI, a data center energy technology company, raised $90 million in a financing round (investors not disclosed).
Closes $5 billion strategic funding at a $190 billion valuation, led by Coatue, along with Blackstone, MGX, T.
Ontario Teachers' earns 9.5% net return for first half of 2026. Net assets totalled $303.2B at June 30, up $23.8B from the end of 2025 August 10, 2026 The Ontario Teachers' Pension Plan Board says it earned a six-month net return of 9.5% for the first half of 2026, with net investment income of $26.6 billion. The fund's 12-month net return was 14.5%. The pension fund manager says net assets totalled $303.2 billion at June 30, up $23.8 billion from the end of last year. Ontario Teachers' chief executive Jo Taylor says the total fund return was ahead of target. Taylor says the result reflects positive returns across asset classes, with the most significant contributions coming from venture growth, public equities and inflation-sensitive assets. The Ontario Teachers' Pension Plan Board manages investments for 346,000 working members and pensioners.
Alan, the first new health insurer licensed in Canada since 1957, has secured more than $780 million in Series G funding, valuing the company at $8.9 billion. The round is led by Prosus, with Ontario Teachers' Pension Plan returning as an investor for the third consecutive round. The company plans to double its Canadian team over 24 months and expand from Toronto into Montreal. Alan currently serves 100 Canadian employers and over 4,100 members, with member volume more than tripling since end-2025. Alan operates what it calls "prevention insurance," integrating health coverage, care navigation, wellbeing services and AI-powered assistance. The company reached $1.3 billion in annual recurring revenue in Q1 2026, grew 53% year-over-year, and now serves more than 1.1 million members across France, Spain, Belgium and Canada.