Full-Time

Legal Counsel

Legal Affairs

PSP Investments

PSP Investments

1,001-5,000 employees

Long-term institutional asset manager for pensions

No salary listed

Montreal, QC, Canada

Hybrid

Hybrid work model with a mix of in-office and remote days.

Bachelor's

Category
Legal (1)
Required Skills
Mergers & Acquisitions (M&A)

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Requirements
  • A university degree in law.
  • Membership in the Bar Association of any Canadian province or territory.
  • Five to ten years of relevant experience as a lawyer in mergers and acquisitions and capital markets transactions, gained in private practice or as in-house counsel for a large organization.
  • Strong communication and interpersonal skills.
  • Strong organizational skills, including multitasking, managing competing priorities, handling numerous files, meeting tight deadlines, and maintaining attention to detail and accuracy.
  • A strong command of artificial intelligence tools.
  • The ability to work autonomously and demonstrate sound analytical judgment and precision.
  • Proficiency in English and French, or willingness to learn French.
Responsibilities
  • Lead or support complex global transactions, including mergers and acquisitions, reorganizations, asset sales, joint ventures, fund investments, and other transaction types, working with investment professionals across alternative investments, private equity, natural resources, real estate, and infrastructure groups.
  • Coordinate and supervise legal work performed by approved external legal counsel worldwide in accordance with internal policies and within the prescribed legal budget.
  • Ensure that dealings and business practices comply with governing legislation, regulations, and policies.
  • Provide strategic advice and other support on legal matters relating to organizational activities and operations, including asset management, governance, regulatory, litigation, and other corporate activities.
  • Collaborate with internal stakeholders, including Tax, Responsible Investments, and Risk groups.
Desired Qualifications
  • Demonstrated leadership and mentoring ability.
  • Business acumen, good judgment, and pragmatism.
  • Flexibility and interest in contributing to a growing organization.

PSP Investments manages the pension funds for Canada’s public sector as the government’s dedicated investment arm. It builds a diversified portfolio across private and public markets, including private equity, private credit, infrastructure, real estate, natural resources, stocks, and bonds, to grow assets over the long term. Investments are made directly or with partners, and ESG factors are integrated into decision-making. Its goal is to generate sustainable returns that fund current and future pension obligations while managing risk for beneficiaries.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

$3.8B

Headquarters

Ottawa, Canada

Founded

1999

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Simplify Jobs

Simplify's Take

What believers are saying

  • PSP reported a 6.5% fiscal 2026 net return and C$8.6 billion excess gains.
  • June 5, 2026 ECHO Realty shows continued access to large, resilient real-estate deals.
  • PSP invested C$10 billion in Canada during fiscal 2026, strengthening domestic political support.

What critics are saying

  • PSP closed its 2022-2026 climate strategy on June 16, 2026, drawing union backlash.
  • Its fiscal 2026 one-year return trailed the Reference Portfolio by 5.2%.
  • Long stretches of underperformance would force higher employer contributions and threaten pension funding.

What makes PSP Investments unique

  • PSP Investments manages C$320.6 billion for federal public-sector pensions, not external clients.
  • Its mandate pairs sovereign-scale capital with a permanent liability horizon and low-turnover investing.
  • PSP deploys directly into global private equity, infrastructure, real estate, credit, and natural resources.

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Benefits

Remote Work Options

Flexible Work Hours

Health Insurance

401(k) Retirement Plan

401(k) Company Match

PTO/vacation

Paid Vacation

Paid Holidays

Hybrid Work Options

Wellness Program

Mental Health Support

Conference Attendance Budget

Professional Development Budget

Stock Options

Company Equity

Phone/Internet Stipend

Home Office Stipend

Family Planning Benefits

Fertility Treatment Support

Parenting Leave

Parental Leave

Company News

PAX Global Media
Aug 11th, 2026
Air Canada unlocks $2.5B from Aeroplan in 25% stake sale to Blackstone and Canadian institutions

Air Canada is selling a 25% stake in its Aeroplan loyalty programme to an investor group led by Blackstone and La Caisse for $2.5 billion, valuing the programme at $10 billion. The airline will retain 75% ownership and full operational control. Air Canada plans to use the proceeds to repay a US$1.2 billion debt maturity and fund share buybacks, including an $800 million substantial issuer bid expected to complete in September. The investor group also includes PSP Investments and British Columbia Investment Management Corporation. Air Canada retains the right to repurchase the investors' stake between the fifth and eighth anniversaries of the transaction. The investment is scheduled to settle on 17 August 2026.

MarketScreener
Aug 11th, 2026
Air Canada Announces $2.5 Billion Minority Equity Investment in Aeroplan Led by Blackstone and La Caisse

Blackstone and La Caisse are leading a $2.5 billion, 25% minority equity investment in Aeroplan, valuing the program at $10 billion Investor group also includes PSP Investments and British Columbia...

WhalesBook Private Limited
Jul 14th, 2026
ADIA, PSP Investments buy $16.3M stake in SG Mart as shares rise 5%

Abu Dhabi Investment Authority and PSP Investments acquired a combined 1.68% stake in SG Mart for ₹138 crore on 14 July. ADIA purchased 11.23 lakh shares (0.89% stake) for approximately ₹72.99 crore at ₹650 per share, whilst PSP Investments bought 10 lakh shares (0.79% stake) for ₹64.99 crore at ₹649.98 per share. The building materials solutions provider's shares rose 5% to close at ₹654.15 on the National Stock Exchange following the transaction. The institutional buying coincided with HR Global Manufacturing's exit, which sold a 1.74% stake worth ₹143 crore. HR Global subsequently acquired shares in Yatharth Hospital & Trauma Care Services for ₹40.73 crore, suggesting portfolio rebalancing rather than concerns about SG Mart's fundamentals.

Alternatives Watch
Jun 7th, 2026
PSP, La Caisse and Norges join TPG in $2 billion ECHO Realty deal.

PSP, La Caisse and Norges join TPG in $2 billion ECHO Realty deal. PSP Investments, La Caisse, and Norges Bank Investment Management have committed capital alongside TPG to acquire ECHO Realty, an owner and operator of grocery-anchored retail centers, in a transaction valued at about $2 billion. ECHO operates roughly 230 centers across Midwest and Southeast U.S. markets, anchored by grocery and convenience retailers that include Giant Eagle, [...] Get the whole story. AW Monthly $39 / Month - Instantly unlock all new and archived articles - Access to AW Research articles & data - Daily, weekly and monthly e-mail newsletters $390 / Year - Everything in Monthly at a 20% discount - Access to AW Research data downloads and annual Manager/Investor Compendiums - Discounts on advertisement rates Discover more real estate New report - exclusive insights. Alternatives watch daily. Get its daily summary of GP and LP news including fund closes, deals, allocations, and people moves, in your inbox at 6 a.m. EDT. Free.

Business Wire
Jun 5th, 2026
TPG-led investor group acquires grocery-anchored shopping centre leader ECHO Realty for $2B

TPG Real Estate has acquired ECHO Realty, a full-service owner and operator of grocery-anchored shopping centres, in a transaction valued at approximately $2 billion. TPG led the deal alongside global investment groups including Public Sector Pension Investment Board, Caisse de dépôt et placement du Québec, and Norges Bank Investment Management. ECHO Realty specialises in high-quality grocery-anchored retail properties. The acquisition demonstrates continued institutional investor interest in retail real estate assets anchored by essential services.